Border Chapter Of The American Petroleum Institute
- Assets
- $145.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laredo, TX
- Founding
- 05/1985
- Data as of
- 12/2021
- EIN
- 74-2323006
Organization Overview
Border Chapter Of The American Petroleum Institute is located in Laredo, TX. The organization was established in 1985. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Border Chapter Of The American Petroleum Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Border Chapter Of The American Petroleum Institute generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $20.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPONSOR SEVERAL EVENTS TO AWARD SCHOLARSHIPS TO HIGH SCHOOL SENIORS, AND COLLEGE STUDENTS.THIS YEAR STARTED PROMISING; HOWEVER, DUE TO COVID 19, THE CORONA VIRUS, ALMOST ALL VENUES AVAILABLE TO HOST AN EVENT WER NOT AVIALABLE AS PER CITY AND COUNTY CDC RECOMMENDATIONS. WE ONLY HOSTED ONE EVENT IN OCTOBER, WHICH WAS POORLY ATTENED DUE TO COUNTY RESTRICTIONS AND THE PUBLIC OPINION COMMISSIONERS RECEIVED.
Describe the Organization's Program Activity:
Part 3
WE WERE ABLE TO AWARD $38,250.00 IN SCHOLARSHIPS FROM RESERVES FUNDS FROM 2019, IN 2020 OUR FUNDRAISING WAS LIMITED DUE TO THE COVID 19 VIRUS. THIS INCLUDED $3,357, 2020 PROFIT, AND $34,893 FROM OUR MONEY MARKET RESERVES FOR UNFORSEEN EVENTS THAT PREVENT OR LIMIT OUR FUND RAISING TOURNAMENTS TO BE HOSTED ANNUALLY.
WE HAD 3,381 IN ASSISTANCE TO ORANGIZATIONS 12TH GRADERS AND UNDER STUDENTS IN GRADE SCHOOL, SUCH AS THE INTERNATIONAL FAIR AND EXPOSITION : LIFE DOWNS INTERNATION FAIR AND EXPO, $1,500; ZAPATA FAIR AND EXPOSITION, $1,000.00; JIM HOGG COUNTY FAIR AND EXPOSITION, $500.00, AUSTISM DONATION $100.00. THESE FUND WERE FROM OUR RESERVED MONEY MARKET ACCOUNT, SINCE BORDER CHAPTER API HELPS THESE ORGANIZATION ON AN ANNUAL BASIS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raul Salgado Chairman | 10 | $0 | |
Erik Gutierrez 1st Vice Chairman | 10 | $0 | |
Imelda Buruato 2nd Vice Chairperson | 10 | $0 | |
Aaron Ramons 3rd Vice Chairman | 10 | $0 | |
Elsa Vela Secretary | 10 | $0 | |
Joe Pena Publicity | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $479 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,506 |
| Other Revenue | $0 |
| Total Revenue | $28,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,410 |
| Printing, publications, postage, and shipping | $296 |
| Other expenses | $4,489 |
| Total expenses | $20,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,042 |
| Other assets | $0 |
| Total assets | $145,042 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,042 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
End Stage Renal Disease Network Of Texas Inc Dallas, TX | $2,269,821 | $1,568,356 |
High-Tech High Heels Dallas, TX | $1,210,247 | $381,100 |
Chihuahuan Desert Research Institute Fort Davis, TX | $4,121,607 | $425,342 |
Oklahoma Bioscience Institute Oklahoma City, OK | $340,961 | $178,995 |
Arkansas Aerospace And Defense Alliance Little Rock, AR | $29,871 | $0 |
Albuquerque Center For Peace And Justice Albuquerque, NM | $141,938 | $0 |
Bee Project Austin, TX | $3,742 | $0 |
San Antonio Community Resource Directory San Antonio, TX | $19,077 | $0 |
International Cryogenic Materials Conference College Station, TX | $554,900 | $18,385 |
Reptile Conservation International Inc Austin, TX | $102,808 | $0 |
Make Safe Tech Inc College Station, TX | $24,405 | $0 |
International Society Of Antique Scale Collectors Austin, TX | $1,376,847 | $40,481 |