Society Of Economic Palentologists & Mineralogists Permian Basin Sect is located in Midland, TX. The organization was established in 1966. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, 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. Society Of Economic Palentologists & Mineralogists Permian Basin Sect 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 05/2017, Society Of Economic Palentologists & Mineralogists Permian Basin Sect generated $34.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $13.1k during the year ending 05/2017. As we would expect to see with falling revenues, expenses have declined by (45.6%) per year over the past 3 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
2017
Describe the Organization's Program Activity:
Part 3
GEOLOGY EDUCATION AND FIELD TRIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cory L Hoffman PHD President | 4 | $0 | |
James Hawkins President-Elect | 2 | $0 | |
Norman E Francis 1st Vice-Pres. | 2 | $0 | |
Curtis Helms Jr 2nd Vice-Pres | 2 | $0 | |
Brice Otto Treasurer | 2 | $0 | |
John Leone Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,610 |
Total Program Service Revenue | $27,952 |
Membership dues | $938 |
Investment income | $551 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $34,051 |
Statement of Expenses | |
---|---|
Total expenses | $13,149 |
Balance Sheet | |
---|---|
Total assets | $86,022 |
Total liabilities | $317 |
Net assets or fund balances | $85,705 |
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