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Nonprofit · EIN 23-7363499

PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN

Tax-exempt · MIDLAND, TX 79702

Financials

$57K$80K2022$60K$86K2023$28K$44K2024
Revenue Expenses · by fiscal year end
Financials of PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-EZ$28,406$44,254-$15,848$118,686–$118,686
May 31, 2024990-EZ$59,953$85,922-$25,969$134,239–$134,239
May 31, 2023990-EZ$56,540$80,274-$23,734$154,410–$154,410
Financial details: 990-EZ for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$27,725
Program service revenue
$79
Investment income
$602

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$44,254

Balance sheet and other

Total assets, start of year
$134,238
Total assets, end of year
$118,686
Total liabilities, end of year
–
Net assets, end of year
$118,686
Cash, savings and investments
$118,686
Gross receipts
$28,406

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DIANA TREJO-MESAVice President0.5$0
VICTORIA YHARTESecretary0.5$0
LESLIE PARRAWebsite0.5$0
KATELYN WILLIAMSTechnical Speak0.5$0
CARRIE WEBSTERNewsletter0.5$0
CLARISSA MELISE BRETADOMembership0.5$0
MATTIE SMITHPresident0.5$0
CRYSTAL MORENOTreasurer0.5$0
CLOE IZABELLA BRETADOMeeting Arrange0.5$0
990-EZ for the year ended May 31, 2024: 9 people
NameTitleHours / weekCompensation
NANCY ZHENDVice President0.5$0
CARRIE WEBSTERSecretary0.5$0
NATALIE JAYWebsite0.5$0
MATTIE SMITHTechnical Speak0.5$0
CYNTHIA COLLINSNewsletter0.5$0
JANETH GRIEGOMembership0.5$0
SAVANNAH BALLARDPresident0.5$0
EVAN GREENTreasurer0.5$0
DANIEL FORBESSMeeting Arrange0.5$0
990-EZ for the year ended May 31, 2023: 9 people
NameTitleHours / weekCompensation
NANCY ZHENDDirector0.5$0
MATTHEW HAYWARDPresident0.5$0
ALBA PRIESTTreasurer0.5$0
MATTIE SMITHDirector0.5$0
BRYANT BAEZADirector0.5$0
JANETH GRIEGODirector0.5$0
SAVANNAH BALLARDVice President0.5$0
EVAN GREENDirector0.5$0
DANIEL FORBESSDirector0.5$0

Address and contacts

Address (IRS master file)
PO BOX 1123, MIDLAND, TX 79702-1123
Signed the 990-EZ
MATTIE SMITH, PRESIDENT
Phone
(432) 682-1000
Return prepared by
Fisher Moore and Company PLLC

Mission

THE PURPOSE OF THE PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN (PASPB) IS TO UNITE AND PROMOTE STRONG AND CORDIAL RELATIONSHIPS AMONG ALL PERSONS INTERESTED IN PETROLEUM ACCOUNTING; TO COLLECT AND DISSEMINATE ACCOUNTING PRINCIPALES AND METHODS; AND TO DEVELOP, IMPROVE AND EXTEND THE SCIENCE AND ART OF PERTROLEUM ACCOUNTING.

990-EZ for the year ended May 31, 2025

Program accomplishments

  • EDUCATION DAY IS GEARED TOWARD PROVIDING CONTINUING PROFESSIONAL EDUCATION CREDITS FOR INDIVIDUALS IN PETROLEUM ACCOUNTING. EDUCATION DAY PROVIDES EIGHT HOURS OF EDUCATION RELATED TO TOPICS SUCH AS GEOLOGY, SALES TAX, AUDIT, ROYALTIES, REVENUE ACCOUNTING AND MORE

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990-EZ on file
2023May 31, 2024October 15, 2024990-EZ on file

IRS record

EIN
23-7363499
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1984
Accounting year ends
May
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$118,686
Income (IRS master file)
$28,406

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZMay 2025$28,406$44,254$118,686XML
990-EZMay 2024$59,953$85,922$134,239XML
990-EZMay 2023$56,540$80,274$154,410XML
990-EZMay 2022–––IRS
990-EZMay 2021–––IRS
990-EZMay 2020–––IRS
990-EZMay 2019–––IRS
990-EZMay 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7363499).

Questions about PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN

What is the EIN of PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN?
The employer identification number (EIN) of PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN is 23-7363499.
Is PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1984.
Are donations to PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
Who are the officers and directors of PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN?
The 990-EZ for the year ended May 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does PETROLEUM ACCOUNTANTS SOCIETY OF THE PERMIAN BASIN have?
On its 990-EZ for the year ended May 31, 2025 it reported revenue of $28,406, expenses of $44,254 and total assets of $118,686 at year end.

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