Nonprofit · EIN 75-2193240
WEST TEXAS GEOLOGY FOUNDATION
Tax-exempt · MIDLAND, TX 79702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $102,095 | $176,110 | -$74,015 | $1,640,403 | $0 | $1,640,403 |
| December 31, 2024 | 990 | $94,153 | $76,557 | $17,596 | $1,652,008 | $0 | $1,652,008 |
| December 31, 2023 | 990 | $98,909 | $72,885 | $26,024 | $1,289,502 | $0 | $1,289,502 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $76,876
- Membership dues
- $5,525
- Program service revenue
- $0
- Investment income
- $25,219
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $149,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $650
- Program services (functional)
- $149,500
- Management and general (functional)
- $13,218
- Fundraising (functional)
- $13,392
Balance sheet and other
- Total assets, start of year
- $1,652,008
- Total assets, end of year
- $1,640,403
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,640,403
- Publicly traded securities
- $1,597,287
- Net assets without donor restrictions
- $748,704
- Net assets with donor restrictions
- $891,699
- Gross receipts
- $102,095
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1987
- State of legal domicile
- TX
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Oestmann | Director Trustee or director | 0.5 | $0 |
| Emily Emerald | Director Trustee or director | 0.5 | $0 |
| Jason Osborne | Director Trustee or director | 0.5 | $0 |
| Sergio Ojeda | Director Trustee or director | 0.5 | $0 |
| Steven Harbison | Director Trustee or director | 0.5 | $0 |
| Judd Tudor | Director Trustee or director | 0.5 | $0 |
| Lenny Wood | Secretary Officer | 2 | $0 |
| Pat Welch | Chairman Officer | 2 | $0 |
| Eric Cummins | Vice Chairman Officer | 2 | $0 |
| Pete Schrenkel | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Oestmann | Director Trustee or director | 0.5 | $0 |
| David Grace | Director Trustee or director | 0.5 | $0 |
| Joe Rhone | Director Trustee or director | 0.5 | $0 |
| Jeff Bryden | Director Trustee or director | 0.5 | $0 |
| Sergio Ojeda | Director Trustee or director | 0.5 | $0 |
| Dave Cannon | Director Trustee or director | 0.5 | $0 |
| Shellie Crossland | Director Trustee or director | 0.5 | $0 |
| Drew Bergman | Secretary Officer | 2 | $0 |
| Pat Welch | Chairman Officer | 2 | $0 |
| Eric Cummins | Vice Chairman Officer | 2 | $0 |
| Pete Schrenkel | Treasurer Officer | 2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Oestmann | Director Trustee or director | 0.5 | $0 |
| David Grace | Director Trustee or director | 0.5 | $0 |
| Joe Rhone | Director Trustee or director | 0.5 | $0 |
| Jeff Bryden | Director Trustee or director | 0.5 | $0 |
| Sergio Ojeda | Director Trustee or director | 0.5 | $0 |
| Dave Cannon | Director Trustee or director | 0.5 | $0 |
| Shellie Crossland | Director Trustee or director | 0.5 | $0 |
| Drew Bergman | Secretary Officer | 2 | $0 |
| Pat Welch | Chairman Officer | 2 | $0 |
| Eric Cummins | Vice Chairman Officer | 2 | $0 |
| Pete Schrenkel | Treasurer Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1595, MIDLAND, TX 79702-1595
- Mailing address (990-N for 2009)
- PO BOX 1595, MIDLAND TX 79702
- Principal officer (990 for 2025)
- Peter Schrenkel, PO Box 1595, Midland, TX 797021595
- Principal officer (990-N for 2009)
- BRUCE BRADY, 3500 BLUEBIRD LN, MIDLAND TX 79707
- Signed the 990
- Peter Schrenkel, Treasurer
- Phone
- (432) 683-1573
- Website
- www.wtgs.org/wtgs
- Return prepared by
- SACKRIDER & COMPANY INC
Mission
The West Texas Geology Foundation conducts educational, charitable, and scientific activities related to or allied with the field of geology in the West Texas region and adjacent areas.
Program accomplishments
- Provide scholarships to undergraduate and graduate geoscience majors.Expenses $149,500 · grants $149,500
- Recognize educators and support science fairs, teacher training and geoscience programs at all age levels.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-2193240
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,640,403
- Income (IRS master file)
- $102,095
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $102,095 | $176,110 | $1,640,403 | XML |
| 990 | December 2024 | $94,153 | $76,557 | $1,652,008 | XML |
| 990 | December 2023 | $98,909 | $72,885 | $1,289,502 | XML |
| 990 | December 2022 | $81,449 | $78,399 | $1,157,647 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2009 Officer: BRUCE BRADY | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 75-2193240).
Questions about WEST TEXAS GEOLOGY FOUNDATION
- What is the EIN of WEST TEXAS GEOLOGY FOUNDATION?
- The employer identification number (EIN) of WEST TEXAS GEOLOGY FOUNDATION is 75-2193240.
- Is WEST TEXAS GEOLOGY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to WEST TEXAS GEOLOGY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEST TEXAS GEOLOGY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WEST TEXAS GEOLOGY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEST TEXAS GEOLOGY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WEST TEXAS GEOLOGY FOUNDATION?
- The 990 for the year ended December 31, 2025 names Peter Schrenkel.
- Who are the officers and directors of WEST TEXAS GEOLOGY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does WEST TEXAS GEOLOGY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $102,095, expenses of $176,110 and total assets of $1,640,403 at year end.
Other nonprofits in MIDLAND
- THE STEPHENS GRETH FOUNDATION EIN 99-2739395 · last filed 990-PF for 2024
- FMH FOUNDATION EIN 27-2504803 · last filed 990-PF for 2024
- J E AND L E MABEE FOUNDATION INC EIN 73-6090162 · last filed 990-PF for 2025
- SCHARBAUER FOUNDATION INC EIN 26-2527362 · last filed 990-PF for 2024
- WARREN CHARITABLE FOUNDATION EIN 30-0490635 · last filed 990-PF for 2024
- PERMIAN BASIN AREA FOUNDATION EIN 75-2295008 · last filed 990 for 2025
- MANOR PARK INC EIN 75-1227882 · last filed 990 for 2025
- PERMIAN BASIN COMMUNITY CENTERS FOR MENTAL HEALTH & MENTAL RETARDATION EIN 75-1401776 · last filed 990 for 2025