Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Petroleum Industry Data Exchange
990 • Fiscal year 2018 • EIN 27-4497125
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.36x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 13.6% of source-year revenue.
Asset Growth
66th percentile
Faster asset growth than 66% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Balance Sheet
Assets
Up$494,588
Up $48,679 (+11%) from 2017
Net Assets
Up$315,691
Up $24,256 (+8.3%) from 2017
Liabilities
Up$178,897
Up $24,423 (+16%) from 2017
Revenue And Expenses
Revenue
Up$345,216
Up $24,402 (+7.6%) from 2017
Expenses
Down$320,960
Down $162,063 (-34%) from 2017
Net Income
Up$24,256
Up $186,465 (+115%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Oct 29, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $348,471
Mission and Program Overview
Mission
PIDX provides a global forum for delivering the process, information and technology standards that facilitates seamless, efficient electronic business within the oil and natural gas industry and its trading community.
Petroleum Industry Data Exchange, Inc. (PIDX) provides a global forum for delivering the process, information and technology standards that facilitates seamless, efficient electronic business within the oil and natural gas industry and its trading community.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $306,805 | $457,114 | ▲ $150,309 |
| Cash and Non-Interest-Bearing Accounts | $121,142 | $25,190 | ▼ $95,952 |
| Prepaid Expenses and Deferred Charges | $11,894 | $6,962 | ▼ $4,932 |
| Land, Buildings, and Equipment, Net | $6,068 | $3,827 | ▼ $2,241 |
| Accounts Receivable | - | $1,495 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $445,909 | $494,588 | ▲ $48,679 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Deferred Revenue | $149,233 | $172,750 | ▲ $23,517 |
| Accounts Payable and Accrued Expenses | $5,241 | $6,147 | ▲ $906 |
| Total Liabilities | $154,474 | $178,897 | ▲ $24,423 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $291,435 | $315,691 | ▲ $24,256 |
| Total Net Assets Fund Balance | $291,435 | $315,691 | ▲ $24,256 |
| Total Liabilities and Net Assets / Fund Balance | $445,909 | $494,588 | ▲ $48,679 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,827 | $9,125 | $12,952 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Randy Dutton | Treasurer | PT | $46,912 | $46,912 |
Board Members and Trustees
| Name | Title |
|---|---|
| Amit Sethi | Director |
| Andrew Mercer | Director |
| Greg Mowlds | Director |
| Mary Rose Martinez | Director |
| Ole Petter Breiteig | Director |
| Roger Bhalla | Director |
| Sebastian Gass | Director |
| Chris Welsh | Interim CEO |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $347,257
- Investment Income
- $-2,041
- Other Revenue
- $0
- Change in Net Assets
- $24,256
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $345,216
- Revenue Not Reported on Form 990
- $42,037
- Total Revenue per Audited Statements
- $387,253
- Total Revenue per Form 990
- $345,216
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $167,969 |
| Other Expenses | $152,991 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | - | - | $88,760 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $46,912 |
| Fees for Services Legal | - | - | - | $37,471 |
| Occupancy | - | - | - | $25,600 |
| Other Employee Benefits | - | - | - | $22,322 |
| Information Technology | - | - | - | $19,989 |
| Insurance | - | - | - | $16,944 |
| Fees for Services Other | - | - | - | $15,601 |
| Conferences and Meetings | - | - | - | $13,887 |
| Fees for Services Accounting | - | - | - | $8,420 |
| Office Expenses | - | - | - | $7,991 |
| Payroll Taxes | - | - | - | $7,290 |
| Travel | - | - | - | $3,547 |
| Pension Plan Contributions | - | - | - | $2,685 |
| Depreciation Depletion | - | - | - | $2,017 |
| Advertising | - | - | - | $1,524 |
| Total Functional Expenses | $0 | $0 | $0 | $320,960 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $362,997 |
| Expenses per Audited Statements | $320,960 |
| Total Expenses per Form 990 | $320,960 |
| Expenses Not Reported on Form 990 | $42,037 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- In-house lobbying only
- Yes
- Subject to proxy tax
- Yes
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- Yes
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 1A: Explanation of Delegated Broad Authority to Committee
“The PIDX Executive Committee will consist of the President, and Vice President, Executives-at-large, and the Committee Chairs. The PIDX Executive Committee is responsible for planning and operational governance of PIDX.”
Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents
“The 2018 bylaws amendments were structured to allow the Board to choose between a volunteer or employee President from time to time without having to amend the bylaws in order to change models. The 2018 bylaws identify the roles and responsibilities of a volunteer President or an employee President. If the President is a volunteer, the administrative obligations are assigned to a Chief Operating Officer hired by the Board. In all cases, the President (and the COO) report to the Board and the Board retains the power to hire and fire the President and COO, or to switch from a volunteer to an employee President.”
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
“There is only one class of members, unless otherwise determined by the Board. A company, organization or individual may become a PIDX member by submitting the appropriate application form and paying membership fees.”
Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body
“Members are responsible for the election of the Board, one member - one vote.”
Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders
“Members have the responsibility to vote on the following matters: 1) approving the minutes of membership meetings; 2) approve, modify or withdraw the Standards published by PIDX; 3) approving revisions to the Bylaws; 4) electing Directors of the Board, other than the President/CEO; 5) electing the Executives and Vice President; and 6) other matters requiring PIDX member action as provided for in other applicable rules or as determined by the Board or Bylaws.”
Form 990, Part VI, Line 11B: Form 990 Review Process
“The Treasurer reviews the Form 990 with the CEO before presenting the completed return to the entire Board for their review before it is filed. The Board is instructed their review is not required but any questions will be addressed.”
Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts
“The policy is designed to help directors, officers, employees and members of the Executive Committee of PIDX report situations that present potential conflicts of interest for review and evaluation by outside legal counsel and the Board. If any voting Board Member discloses a potential conflict, the Board then determines whether the individual should be removed from their current position, if exceptions are presented. Any Board member in question recuses their self from deliberations.”
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
“Governing documents and policies are available on the organization's website, the financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Petroleum Industry Data Exchange
- EIN
- 27-4497125
- Phone
- 8326817350
- Address
- 3 Riverway, Houston, TX 77056
Signing Officer
- Name
- Randy Dutton
- Title
- Treasurer
- Signed
- 2019-10-29
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Chris Welsh
- Formed
- 2011
- Legal Domicile
- TX
- Voting Board Members
- 8
- Independent Board Members
- 7
- Employees
- 4
- Volunteers
- 80
Preparer
- Firm
- Blazek & Vetterling
- Address
- 2900 Weslayan Suite 200, Houston, TX 77027-5132
- Preparer
- Barbara Murphy
- Phone
- 7134395739
Raw XML Appendix390 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5241 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 6147 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1495 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Petroleum Industry Data Exchange, Inc. (PIDX) provides a global forum for delivering the process, information and technology standards that facilitates seamless, efficient electronic business within the oil and natural gas industry and its trading community. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1524 |
| IRS990/AllAffiliatesIncludedInd | 0 | false |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Randy Dutton Treasurer |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8326817353 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3 Riverway Ste 1810 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Houston |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77056 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 121142 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25190 |
| IRS990/ChangeToOrgDocumentsInd | 0 | true |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 46912 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 13887 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -2041 |
| IRS990/CYOtherExpensesAmt | 0 | 152991 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 347257 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 24256 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 167969 |
| IRS990/CYTotalExpensesAmt | 0 | 320960 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 345216 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 149233 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 172750 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2017 |
| IRS990/Desc | 0 | Development of Standards: Project work groups are formed when a "business need" is identified, supported by the volunteer groups who want to address the need, and follow a pre-defined process to develop the standard. Any member can propose a new standards development project in line with the Procedures for Standards Development.Our Guiding Principals: Enlist the most qualified people to lead and participate in our organization, act as an inclusive global standards forum, broadly and frequently communicate with our industry, recruit and maintain a diverse membership and make standards available on an open and royalty free basis. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8420 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 37471 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 15601 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Chris Welsh |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Roger Bhalla |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Ole Petter Breiteig |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Sebastian Gass |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Mary Rose Martinez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Andrew Mercer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Greg Mowlds |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Amit Sethi |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Randy Dutton |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 46912 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Interim CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Treasurer |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -2350 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 905 |
| IRS990/GrossReceiptsAmt | 0 | 348471 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 19989 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16944 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 309 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 309 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9125 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6068 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3827 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12952 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 3255 |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PIDX provides a global forum for delivering the process, information and technology standards that facilitates seamless, efficient electronic business within the oil and natural gas industry and its trading community. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 291435 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 315691 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -2350 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -2350 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OccupancyGrp/TotalAmt | 0 | 25600 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7991 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 22322 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 88760 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 7290 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2685 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11894 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6962 |
| IRS990/PrincipalOfficerNm | 0 | Chris Welsh |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611430 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611430 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Meetings |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Membership Dues |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 55440 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 291817 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 55440 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 291817 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 381 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 155336 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 320433 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -162209 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 327687 |
| IRS990/PYTotalExpensesAmt | 0 | 483023 |
| IRS990/PYTotalRevenueAmt | 0 | 320814 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 24256 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 306805 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 457114 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/Form1120POLFiledInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 42037 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 42037 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3827 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 9125 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 12952 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 42037 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 320960 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 42037 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 345216 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3827 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 320960 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 345216 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 387253 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 362997 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The PIDX Executive Committee will consist of the President, and Vice President, Executives-at-large, and the Committee Chairs. The PIDX Executive Committee is responsible for planning and operational governance of PIDX. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The 2018 bylaws amendments were structured to allow the Board to choose between a volunteer or employee President from time to time without having to amend the bylaws in order to change models. The 2018 bylaws identify the roles and responsibilities of a volunteer President or an employee President. If the President is a volunteer, the administrative obligations are assigned to a Chief Operating Officer hired by the Board. In all cases, the President (and the COO) report to the Board and the Board retains the power to hire and fire the President and COO, or to switch from a volunteer to an employee President. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | There is only one class of members, unless otherwise determined by the Board. A company, organization or individual may become a PIDX member by submitting the appropriate application form and paying membership fees. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Members are responsible for the election of the Board, one member - one vote. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Members have the responsibility to vote on the following matters: 1) approving the minutes of membership meetings; 2) approve, modify or withdraw the Standards published by PIDX; 3) approving revisions to the Bylaws; 4) electing Directors of the Board, other than the President/CEO; 5) electing the Executives and Vice President; and 6) other matters requiring PIDX member action as provided for in other applicable rules or as determined by the Board or Bylaws. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The Treasurer reviews the Form 990 with the CEO before presenting the completed return to the entire Board for their review before it is filed. The Board is instructed their review is not required but any questions will be addressed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The policy is designed to help directors, officers, employees and members of the Executive Committee of PIDX report situations that present potential conflicts of interest for review and evaluation by outside legal counsel and the Board. If any voting Board Member discloses a potential conflict, the Board then determines whether the individual should be removed from their current position, if exceptions are presented. Any Board member in question recuses their self from deliberations. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Governing documents and policies are available on the organization's website, the financial statements are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 1a: Explanation of Delegated Broad Authority to Committee |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | true |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxableDistributionsInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 445909 |
| IRS990/TotalAssetsEOYAmt | 0 | 494588 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 445909 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 494588 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 320960 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 154474 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 178897 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 154474 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 178897 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 291435 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 315691 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 347257 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 46912 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -2041 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 347257 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 345216 |
| IRS990/TotalVolunteersCnt | 0 | 80 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 445909 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 494588 |
| IRS990/TravelGrp/TotalAmt | 0 | 3547 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 291435 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 315691 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 3 Riverway 1810 |
| IRS990/USAddress/CityNm | 0 | Houston |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 77056 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | www.pidx.org |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Randy Dutton |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-10-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Petroleum Industry Data Exchange |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PETR |
| ReturnHeader/Filer/EIN | 0 | 274497125 |
| ReturnHeader/Filer/PhoneNum | 0 | 8326817350 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3 Riverway |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Houston |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77056 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 760269860 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Blazek & Vetterling |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2900 Weslayan Suite 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Houston |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 770275132 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7134395739 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Barbara Murphy |
| ReturnHeader/ReturnTs | 0 | 2019-10-29T06:51:26-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $494,588
- Liabilities
- $178,897
- Net assets
- $315,691
- Revenue
- $345,216
- Expenses
- $320,960
- Net income
- $24,256