Oilfield Connections International
- Assets
- $112.4k
- Revenue
- $220.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Sealy, TX
- Founding
- Data as of
- 04/2022
- EIN
- 85-3727568
Organization Overview
Oilfield Connections International is located in Sealy, TX. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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 - Line 4a
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lowell Millican National Pre | OfficerTrustee | 10 | $0 |
Nathan Harkey Board Member | Trustee | 5 | $0 |
Paula Gay Board Member | Trustee | 5 | $0 |
Marc Broussard Board Member | Trustee | 5 | $0 |
Amy Wood Board Member | Trustee | 5 | $0 |
Kalah Spraybeary Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $70,275 |
| Fundraising events | $27,856 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,008 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,139 |
| Total Program Service Revenue | $90,254 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $220,393 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,164 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,978 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,794 |
| Office expenses | $17,367 |
| Information technology | $6,116 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $689 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,127 |
| All other expenses | $95,801 |
| Total functional expenses | $189,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,510 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $112,374 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $112,374 |
| 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 | $112,374 |
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