American Institute Of Professional Geologists
- Assets
- $3.1m
- Revenue
- $984.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Westminster, CO
- Founding
- 01/1968
- Data as of
- 12/2021
- EIN
- 84-0532962
Organization Overview
American Institute Of Professional Geologists is located in Westminster, CO. The organization was established in 1968. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, American Institute Of Professional Geologists employed 8 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Institute Of Professional Geologists 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, American Institute Of Professional Geologists generated $984.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $761.0k during the year ending 12/2021. 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
PROFESSIONAL ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SUPPORT
EVENTS
PUBLICATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara K Pearson Secretary | OfficerTrustee | 2 | $0 |
J Todd Mcfarland Past President | OfficerTrustee | 2 | $0 |
Nancy J Wolverson President | OfficerTrustee | 4 | $0 |
David T Heidlauf Treasurer | OfficerTrustee | 2 | $0 |
Christine Lilek Vie President | OfficerTrustee | 2 | $0 |
Matthew J Rhoades President Elect | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $861,718 |
| Investment income | $112,474 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $9,843 |
| 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 | $984,035 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,218 |
| Grants and other assistance to domestic individuals. | $19,903 |
| 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 | $400,270 |
| Pension plan accruals and contributions | $9,958 |
| Other employee benefits | $49,533 |
| Payroll taxes | $30,199 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $390 |
| Fees for services: Accounting | $6,935 |
| 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 | $0 |
| Information technology | $12,272 |
| Royalties | $0 |
| Occupancy | $68,577 |
| Travel | $19,527 |
| 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 | $9,634 |
| All other expenses | $17,359 |
| Total functional expenses | $761,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $627,100 |
| Savings and temporary cash investments | $2,434,589 |
| 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 | $7,698 |
| Prepaid expenses and deferred charges | $15,415 |
| Net Land, buildings, and equipment | $54,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $837 |
| Other assets | $4,550 |
| Total assets | $3,145,022 |
| Accounts payable and accrued expenses | $13,662 |
| Grants payable | $0 |
| Deferred revenue | $418,091 |
| 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 | $202,246 |
| Total liabilities | $633,999 |
| Net assets without donor restrictions | $2,511,023 |
| 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 | $3,145,022 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Geological Society Of America Foundation Boulder, CO | $25,155,790 | $3,154,143 |
Sepm Society For Sedimentary Geology Broken Arrow, OK | $5,582,306 | $1,036,027 |
Mineralogical Record Inc Tucson, AZ | $1,267,443 | $1,032,795 |
Tucson Gem And Mineral Society Inc Tucson, AZ | $866,231 | $716,626 |
American Institute Of Professional Geologists Westminster, CO | $3,145,022 | $984,035 |
Rocky Mountain Association Of Geologists Denver, CO | $1,409,204 | $227,835 |
American Institute Of Professional Geologists Westminster, CO | $565,394 | $257,675 |
Mining Foundation Of The Southwest Inc Tucson, AZ | $544,759 | $193,900 |
Quartzsite Roadrunner Gem & Mineral Club Inc Quartzsite, AZ | $211,686 | $0 |
New Mexico Geological Society Socorro, NM | $409,141 | $0 |
Association Of American State Geologists Westminster, CO | $256,706 | $74,875 |
Wyoming Geological Association Casper, WY | $459,695 | $0 |