International Association of Drilling Contractors

Nonprofit profile at a glance

EIN
750110385
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
Houston, TX, USA
Phone
7132921945
Rating confidence
Limited
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$13,905,129
Expenses
$13,656,899
Assets
$28,046,936
Liabilities
$6,340,632

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • JASON E MCFARLAND (PRESIDENT)

Highest reported compensation

  • JASON E MCFARLAND (PRESIDENT): $619,813 total reported compensation
  • MICHAEL DUBOSE (SVP - INTERNATIONAL DEVELOP): $428,151 total reported compensation
  • BOB WARREN (SVP - GOVT & IND. AFFAIRS): $411,714 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Iadc's mission is to improve industry health, safety & environmental practices; advance drilling & completion technology; and champion responsible standards, practices, legislation & regulations that provide for safe, efficient & environmentally sound drilling operations worldwide. Through conferences, training seminars, print & electronic publications, and a comprehensive network of technical publications, iadc continually fosters education and communication within the upstream petroleum industry.

What it reported doing in 2025

Accreditation program provides training for excellence in operations and provides a benchmark program for establishing and maintaining a quality in excellence for the drilling and completion operations in the contract drilling industry.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Accountability: 100
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.8%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 2.05; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 35.1%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 0.4% per year; rating input score 100; 7th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 253 of 253 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $620K · 41 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 23 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.