Ground Water Protection Research Foundation Inc
- Assets
- $2.4m
- Revenue
- $176.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 06/1986
- Data as of
- 12/2023
- EIN
- 73-1271210
Organization Overview
Ground Water Protection Research Foundation Inc is located in Oklahoma City, OK. The organization was established in 1986. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ground Water Protection Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Ground Water Protection Research Foundation Inc generated $176.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.5%) each year. All expenses for the organization totaled $153.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND CONDUCT RESEARCH, EDUCATION IN THE DEVELOPMENT AND APPLICATION OF SCIENCE, TECHNICAL SYSTEMS, POLLUTION PREVENTION EFFORTS, UNDERGROUND INJECTION TECHNOLOGY, SUSTAINABLE USE, AND WATERSHET CONSERVATION AND PROTECTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RISK BASED DATA MANAGEMENT SYSTEM (RBDMS) THIS IS A COMPREHENSIVE DATA MANAGEMENT SYSTEM USED BY 23 STATE OIL AND GAS AGENCIES PROVIDING REGULATORS AND THE REGULATED COMMUNITY MANAGEMENT TOOLS FOR WATER-ENERGY SUSTAINABILITY. IT ALLOWS REGULATOR AGENCIES TO PROTECT THE ENVIRONMENT WHILE SUPPORTING RESPONSIBLE DEVELOPMENT OF DOMESTIC OIL AND GAS AND THE UNDERGROUND INJECTION OF FLUIDS.
FRACFOCUS IS THE HYDRAULIC FARCTURING CHEMICAL REGISTRY WEBSITE INITIATED BY THE GROUND WATER PROTECTION COUNCIL (GWPC) AND THE INTERSTATE OIL & GAS COMPACT COMMISSION. SITE USERS CAN SEARCH FOR INFORMATION ABOUT THE CHEMICALS USED IN THE HYDRAULIC FRACTURING OF IOL AND GAS WELLS . THE SITE ALSO FEATURES EDUCATIONAL MATERIALS DESIGNED TO PUT THE CHEMICAL DATS IN PERSPECTIVE. THIS EDUCATIONAL PIECE IS FUNDED IN LARGE PART BY THE GWREF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Baza Board Member | Trustee | $0 | |
Stan Belieu Board Presid | OfficerTrustee | $0 | |
Shellie Chard Board Member | Trustee | $0 | |
Jessie Chmielowski Board Member | Trustee | $0 | |
Catherine Dickert Board Member | Trustee | $0 | |
Paul Dubois Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,300 |
| Total Program Service Revenue | $0 |
| Investment income | $78,150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,450 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $56,257 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $83,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $152,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,772 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,055,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,393,382 |
| Accounts payable and accrued expenses | $159,667 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $159,667 |
| Net assets without donor restrictions | $2,233,715 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,393,382 |