Nonprofit · EIN 75-6081452
PERMIAN BASIN GEOPHYSICAL SOCIETY INC
Tax-exempt · MIDLAND, TX 79702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $335 | $1,137 | -$802 | $644,768 | $0 | $644,768 |
| June 30, 2024 | 990 | $56,514 | $36,616 | $19,898 | $645,570 | $0 | $645,570 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $325
- Membership dues
- $325
- Program service revenue
- $0
- Investment income
- $10
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $750
- Management and general (functional)
- $1,137
Balance sheet and other
- Total assets, start of year
- $645,570
- Total assets, end of year
- $644,768
- Total liabilities, end of year
- $0
- Net assets, end of year
- $644,768
- Net assets without donor restrictions
- $644,768
- Gross receipts
- $335
- Employees
- 0
- Year formed
- 1969
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON BIANCO | PRESIDENT Officer | – | $0 |
| FRELYNN COHRS | VICE PRESIDE Officer | – | $0 |
| RICHARD EDEN | PRESIDENT EL Officer | – | $0 |
| SUMIT VERMA | SECRETARY Officer | – | $0 |
| JASON WAGNER | TREASURER Officer | – | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RON BIANCO | PRESIDENT Officer | – | $0 |
| FRELYNN COHRS | VICE PRESIDE Officer | – | $0 |
| RICHARD EDEN | PRESIDENT EL Officer | – | $0 |
| SUMIT VERMA | SECRETARY Officer | – | $0 |
| JASON WAGNER | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 361, MIDLAND, TX 79702-0361
- Principal officer (990 for 2024)
- JASON WAGNER, P O BOX 361, MIDLAND, TX 79702
- Signed the 990
- JASON WAGNER, SIGNING OFFICER
- Phone
- (432) 528-5724
- Return prepared by
- BENNETT BENNETT & TRICE PLLC
Mission
THE PERMIAN BASIN GEOPHYSICAL SOCIETY IS INCORPORATED FOR THE PURPOSE OF PROMOTING INTEREST, PARTICIPATION, AND EDUCATION IN THE SCIENCE OF GEOPHYSICS AND GEOLOGY, THROUGH THE COOPERATIVE
Program accomplishments
- THIS ORGANIZATION HOSTS AN ANNUAL GOLF TOURNAMENT TO RAISE MONEY FOR SCHOLARSHIPS
- THIS ORGANIZATION HOLDS VARIOUS MEETING THROUGHTOUT THS YEAR FOR THE PURPOSE OF EDUCATING AND PROMOTING THE FIELDS OF GEOPHYSICS AND GEOLOGY
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 75-6081452
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1969
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $644,768
- Income (IRS master file)
- $335
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $335 | $1,137 | $644,768 | IRS |
| 990 | June 2024 | $56,514 | $36,616 | $645,570 | XML |
| 990 | June 2023 | $60,089 | $29,893 | $625,672 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 75-6081452).
Questions about PERMIAN BASIN GEOPHYSICAL SOCIETY INC
- What is the EIN of PERMIAN BASIN GEOPHYSICAL SOCIETY INC?
- The employer identification number (EIN) of PERMIAN BASIN GEOPHYSICAL SOCIETY INC is 75-6081452.
- Is PERMIAN BASIN GEOPHYSICAL SOCIETY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1969.
- Are donations to PERMIAN BASIN GEOPHYSICAL SOCIETY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PERMIAN BASIN GEOPHYSICAL SOCIETY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PERMIAN BASIN GEOPHYSICAL SOCIETY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PERMIAN BASIN GEOPHYSICAL SOCIETY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PERMIAN BASIN GEOPHYSICAL SOCIETY INC?
- The 990 for the year ended June 30, 2025 names JASON WAGNER.
- Who are the officers and directors of PERMIAN BASIN GEOPHYSICAL SOCIETY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PERMIAN BASIN GEOPHYSICAL SOCIETY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $335, expenses of $1,137 and total assets of $644,768 at year end.
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