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 12/2022, American Institute Of Professional Geologists employed 10 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 12/2022, American Institute Of Professional Geologists generated $808.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $858.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 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
2022
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Davey Past Yp Member | Trustee | 2 | $0 |
Taylor Murray Early Career Professional | Trustee | 2 | $0 |
Adam W Heft Editor | Trustee | 2 | $0 |
Brandy M Myers Advisory Board | Trustee | 1 | $0 |
Brent R Smith Advisory Board | Trustee | 1 | $0 |
Randall L Kath Advisory Board | Trustee | 1 | $0 |
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 | $843,150 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $9,484 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$43,685 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $808,949 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,218 |
Grants and other assistance to domestic individuals. | $18,601 |
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 | $421,325 |
Pension plan accruals and contributions | $10,240 |
Other employee benefits | $46,077 |
Payroll taxes | $32,843 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,485 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,000 |
Advertising and promotion | $0 |
Office expenses | $14,100 |
Information technology | $12,296 |
Royalties | $0 |
Occupancy | $65,997 |
Travel | $35,776 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,979 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $9,927 |
All other expenses | $17,798 |
Total functional expenses | $858,832 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $506,678 |
Savings and temporary cash investments | $2,161,415 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,623 |
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 | $15,204 |
Net Land, buildings, and equipment | $59,272 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $837 |
Other assets | $4,550 |
Total assets | $2,763,277 |
Accounts payable and accrued expenses | $20,532 |
Grants payable | $0 |
Deferred revenue | $398,554 |
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 | $234,353 |
Total liabilities | $653,439 |
Net assets without donor restrictions | $2,109,838 |
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 | $2,763,277 |