West Slope Colorado Oil & Gas Association

Nonprofit profile at a glance

EIN
452476676
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Grand Junction, CO, USA
Phone
9707732198
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$489,396
Expenses
$442,911
Assets
$406,118
Liabilities
$142,983

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • STUART HALL (PRESIDENT)
  • LINDSEY RIDER (PRESIDENT ELECT)
  • SHAWN BRENNAN (VICE PRESIDENT)
  • MICHAEL RYNEARSON (PAST PRESIDENT)
  • CHELSIE L MIERA (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHELSIE L MIERA (EXECUTIVE DIRECTOR): $175,345 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The west slope Colorado oil & gas association's (wscoga) mission is to foster and promote the beneficial, efficient, responsible and environmentally sound development, production and use of western Colorado oil and natural gas. Wscoga is an affiliated chapter of the Colorado oil & gas association, a nationally recognized trade association that aggressively promotes the expansion of rocky mountain natural gas markets, supply, and transportation infrastructure through its growing and diverse membership. Wscoga strives to educate stakeholders, encourage technology enhancements and foster environmental stewardship throughout oil and gas operations and supply chains.

What it reported doing in 2024

The membership of wscoga is committed to enhancing the communities in which we work, live and raise our families. Wscoga actively supports these communities through sponsorships of various local community events and through our annual golf tournament event, which is held to raise money for scholarships for students pursuing energy related fields. Wscoga understands that today's students will unlock tomorrow's energy potential. Wscoga's investment in these students represents our commitment to helping shape the next generation of america's energy products. The organization provided $22,000.00 of scholarships to 6 students during calendar year 2024.

Operating model

Revenue model
Earned-program. 85% 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: 73
  • Accountability: 74
  • Sustainability: 41
  • Growth: 40

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: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.5%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 39.6%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 15 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $175K · 16 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 11 of 11 current checks pass
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.