Society Of Petrophysicists And Well Log Analysts Foundation Inc

Organization Overview

Society Of Petrophysicists And Well Log Analysts Foundation Inc is located in Houston, TX. The organization was established in 1986. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Petrophysicists And Well Log Analysts 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 12/2021, Society Of Petrophysicists And Well Log Analysts Foundation Inc generated $176.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $73.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PROVISION OF SCHOLARSHIPS AND GRANTS TO STUDENTS AT SCHOOLS, FOUNDATIONS AND COLLEGES ENGAGED IN THE STDY OF THE SCIENCE OF FORMATION EVALUATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDED SCHOLARSHIPS AND GRANTS TO STUDENTS AT SCHOOLS , FOUNDATIONS AND COLLEGES ENGAGED IN THE STUDY OF THE SCIENCE OF FORMATION EVALUATION.


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Board, Officers & Key Employees

Name (title)Compensation
James Hemingway
Member
$0
Sharon Johnson
Trustee
$0
Zach Liu
Secretary
$0
Jesus Salazer
Treasurer
$0
David Kennedy
Vice Preside
$0
Brett Wendt
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$6,005
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,005
Total Program Service Revenue$0
Investment income $74,279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $95,922
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $176,206

Endowment Analysis

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