Oilfield Connections International
- Assets
- $136.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sealy, TX
- Founding
- Data as of
- 04/2024
- EIN
- 85-3727568
Organization Overview
Oilfield Connections International is located in Sealy, TX. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oilfield Connections International 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 04/2024, Oilfield Connections International generated $79.6k 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 (28.8%) each year. All expenses for the organization totaled $63.2k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (30.7%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A VIBRANT ORGANIZATION THROUGH NETWORKING, MENTORSHIP, AND COMMUNITY SERVICE FOCUSED ON ADDING VALUE TO INDIVIDUALS, COMMUNITIES, AND THE OIL AND GAS INDUSTRY VIA EDUCATION & CHARITY GIVING FOR SOCIAL RELIEF.
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL MEMBER EVENTS & TRAINING: IN-PERSON EDUCATIONAL EVENTS- OILFIELD CONNECTIONS INTERNATIONAL (OCI) PROVIDES IN-PERSON AND ONLINE EDUCATIONAL EVENTS FOR MEMBERS. THESE USUALLY INCLUDE A GUEST SPEAKER WHO SHARES THEIR LIFE OR CAREER EXPERIENCES AT THESE EVENTS. OCI WAS ABLE TO HOLD 146 IN-PERSON EVENTS DURING THE REPORTING PERIOD; THE MEETINGS SERVED 3,500 ATTENDEES. THIS YEAR SAW CONTINUED IMPACTS FROM COVID-19, CAUSING OCI TO CANCEL 18 OF THE PLANNED EVENTS. SEE SCHEDULE O FOR FURTHER INFORMATION.
OCI WAS ABLE TO SUPPORT 20 DIFFERENT CHARITIES IN A TOTAL OF 10 CITIES DURING THIS REPORTING PERIOD. OCI WAS ABLE TO RAISE ADDITIONAL FUNDS FOR THEIR CHARITIES THROUGH THEIR FOR CHARITY GOLF TOURNAMENTS AND THE NEWLY HELD WOMEN'S RETREAT. THE TOTAL DONATIONS TO CHARITIES FROM 5/1/2021 TO 4/30/22 WAS OVER 40,000, WITH 16% BENEFITTING EDUCATION, 25% BENEVOLENCE, 8% TO FIGHT SEX TRAFFICKING, 30% FAITH-BASED DONATIONS, 8% BENEFITING MILITARY VETERANS, AND 13% TOWARDS DISASTER RELIEF.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell Millican President | 8 | $0 | |
Nathan Harkey Director | 2 | $0 | |
Paula Gay Director | 2 | $0 | |
Marc Broussard Director | 2 | $0 | |
Amy Wood Director | 2 | $0 | |
David Chavez Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,155 |
| Total Program Service Revenue | $13,455 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,093 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,579 |
| Total expenses | $63,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,157 |
| Other assets | $0 |
| Total assets | $136,897 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,897 |