Nonprofit · EIN 75-2557790
PERMIAN BASIN OILMANS BASS INVITATIONAL INC
Tax-exempt (reinstated) · MIDLAND, TX 79710
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $193,256 | $158,495 | $34,761 | $92,936 | $0 | $92,936 |
| December 31, 2024 | 990 | $166,179 | $195,668 | -$29,489 | $58,175 | $0 | $58,175 |
| December 31, 2023 | 990 | $220,181 | $192,915 | $27,266 | $87,664 | $0 | $87,664 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $249,470
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- -$56,214
- Other revenue
- -$56,214
Expenses
- Grants and similar amounts paid
- $152,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $152,500
- Management and general (functional)
- $5,995
Balance sheet and other
- Total assets, start of year
- $58,175
- Total assets, end of year
- $92,936
- Total liabilities, end of year
- $0
- Net assets, end of year
- $92,936
- Gross receipts
- $380,461
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1995
- 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 ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE ARTHUR | DIRECTOR Trustee or director | 1 | $0 |
| CONNIE CALOBREVES | DIRECTOR Trustee or director | 1 | $0 |
| CONNOR MCKOWN | DIRECTOR Trustee or director | 1 | $0 |
| ALBERT MAES | DIRECTOR Trustee or director | 1 | $0 |
| BRAD DUNNAM | DIRECTOR Trustee or director | 1 | $0 |
| DALE WELCH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GAIL RIGGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KOBY WEST | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE ARNOLD | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE ARTHUR | DIRECTOR Trustee or director | 1 | $0 |
| CONNIE CALOBREVES | DIRECTOR Trustee or director | 1 | $0 |
| CONNOR MCKOWN | DIRECTOR Trustee or director | 1 | $0 |
| ALBERT MAES | DIRECTOR Trustee or director | 1 | $0 |
| BRAD DUNNAM | DIRECTOR Trustee or director | 1 | $0 |
| DALE WELCH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| GAIL RIGGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KOBY WEST | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE ARNOLD | DIRECTOR Trustee or director | 0 | $0 |
| BLAKE ARTHUR | DIRECTOR Trustee or director | 0 | $0 |
| CONNIE CALOBREVES | DIRECTOR Trustee or director | 0 | $0 |
| CONNOR MCKOWN | DIRECTOR Trustee or director | 0 | $0 |
| ALBERT MAES | DIRECTOR Trustee or director | 0 | $0 |
| DALE WELCH | PRESIDENT Trustee or director, Officer | 0 | $0 |
| GAIL RIGGAN | SECRETARY Trustee or director, Officer | 0 | $0 |
| KOBY WEST | TREASURER Trustee or director, Officer | 0 | $0 |
| JAMES SCHRAUNER | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 51910, MIDLAND, TX 79710-1910
- Principal officer (990 for 2025)
- KOBY WEST, 6008 MEADOWVIEW LANE, MIDLAND, TX 79707
- Signed the 990
- KOBY WEST, TREASURER
- Phone
- (432) 687-1611
- Website
- WWW.PBOBI.ORG
- Return prepared by
- WEAVER AND TIDWELL LLP
Mission
TO BENEFIT LOCAL CHILDREN WITH LIFE THREATENING ILLNESSES
Program accomplishments
- AN ANNUAL BASS TOURNAMENT IS PUT ON EACH YEAR TO RAISE MONEY FOR THE MAKE A WISH FOUNDATION TO BENEFIT LOCAL CHILDREN WITH LIFE THREATENING ILLNESSESExpenses $152,500 · grants $152,500
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
- 75-2557790
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $92,936
- Income (IRS master file)
- $380,461
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $193,256 | $158,495 | $92,936 | XML |
| 990 | December 2024 | $166,179 | $195,668 | $58,175 | XML |
| 990 | December 2023 | $220,181 | $192,915 | $87,664 | XML |
| 990 | December 2022 | $146,563 | $184,222 | $60,398 | 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 75-2557790).
Questions about PERMIAN BASIN OILMANS BASS INVITATIONAL INC
- What is the EIN of PERMIAN BASIN OILMANS BASS INVITATIONAL INC?
- The employer identification number (EIN) of PERMIAN BASIN OILMANS BASS INVITATIONAL INC is 75-2557790.
- Is PERMIAN BASIN OILMANS BASS INVITATIONAL INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to PERMIAN BASIN OILMANS BASS INVITATIONAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PERMIAN BASIN OILMANS BASS INVITATIONAL INC 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 PERMIAN BASIN OILMANS BASS INVITATIONAL INC 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 PERMIAN BASIN OILMANS BASS INVITATIONAL INC 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 PERMIAN BASIN OILMANS BASS INVITATIONAL INC?
- The 990 for the year ended December 31, 2025 names KOBY WEST.
- Who are the officers and directors of PERMIAN BASIN OILMANS BASS INVITATIONAL INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does PERMIAN BASIN OILMANS BASS INVITATIONAL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $193,256, expenses of $158,495 and total assets of $92,936 at year end.
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All nonprofits in MIDLAND · Texas · Philanthropy, voluntarism and grantmaking foundations