Balcones Energy Library Inc
- Assets
- $381.6k
- Revenue
- $206.9k
- Investments
- $0.0
- Employees
- 3
- Location
- San Antonio, TX
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 74-2350263
Organization Overview
Balcones Energy Library Inc is located in San Antonio, TX. The organization was established in 1986. As of 12/2021, Balcones Energy Library Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Balcones Energy Library 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 12/2021, Balcones Energy Library Inc generated $206.9k 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 (4.8%) each year. All expenses for the organization totaled $182.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS TO MAINTAIN CURRENT TOBIN LEASE MAPS AND SUB-SURFACE GEOLOGICAL DATA FOR USE IN THE EXPLORATION AND DEVELOPMENT OF SOUTH TEXAS OIL AND GAS RESERVES. ACCESS TO THE LIBRARY'S REFERENCE MATERIALS AND SUB-SURFACE WELL DATA IS GRANTED TO THE LIBRARY'S MEMBERSHIP, LOCAL UNIVERSITY GEOLOGY STUDENTS, AND DAY RATE USERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION IS AN EDUCATIONAL LIBRARY DEDICATED TO IMPROVING THE QUALITY OF GEOLOGICAL SUBSURFACE STUDIES THROUGH THE GATHERING AND DISSEMINATION OF VALUABLE INFORAMTION NECESSARY TO BENEFIT AND ADVANCE THE EDUCATION AND STUDY OF SUBSURFACE GEOLOGY AND THE DOMESTIC PETROLEUM INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Brooner Treasurer | OfficerTrustee | 8 | $0 |
Scott Brown Vice President | OfficerTrustee | 8 | $0 |
Mark Brown President | OfficerTrustee | 8 | $0 |
Nicholas Weatherston Secretary | OfficerTrustee | 8 | $0 |
Mark Thompson Board Member | Trustee | 8 | $0 |
Joe Finger Secretary | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $144,605 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $28,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,505 |
| Total Program Service Revenue | $13,142 |
| Investment income | $5 |
| 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 | $206,874 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,930 |
| 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 | $893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,264 |
| Travel | $0 |
| 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 | $11,967 |
| Insurance | $8,133 |
| All other expenses | $20,188 |
| Total functional expenses | $182,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,599 |
| Savings and temporary cash investments | $49,463 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,242 |
| 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 | $310,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $381,592 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $381,592 |
| 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 | $381,592 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Balcones Energy Library Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Elizabeth Huth Maddux Charitable Foundation San Antonio, TX PURPOSE: UNRESTRICTED | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Ypo Inc irving, TX | $225,170,372 | $113,445,633 |
American Leadership Academy Inc Mesa, AZ | $282,415,478 | $95,654,658 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Texas Wesleyan University Fort Worth, TX | $187,144,342 | $108,798,845 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Benedictine College Atchison, KS | $163,686,664 | $96,440,027 |
Trevecca Nazarene University Nashville, TN | $238,062,092 | $96,180,255 |