Civic Intelligence

Panhandle Producers & Royalty

990 • Fiscal year 2018 • EIN 75-1218554

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

3131 Bell Street Suite 209Amarillo, TX 79106

(806) 352-5637

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

87th percentile

23%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

79th percentile

22%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

13%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Flat

$271,688

Flat from 2018

Net Assets

Flat

$264,500

Flat from 2018

Liabilities

Flat

$7,188

Flat from 2018

Revenue

Flat

$225,980

Flat from 2018

Expenses

Flat

$172,918

Flat from 2018

Net Income

Flat

$53,062

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $139,887Liabilities 2010: $2,798Net Assets 2010: $137,0892010Assets 2011: $174,121Liabilities 2011: $2,986Net Assets 2011: $171,1352011Assets 2012: $243,505Liabilities 2012: $2,662Net Assets 2012: $240,8432012Assets 2013: $233,344Liabilities 2013: $3,048Net Assets 2013: $230,2962013Assets 2014: $198,803Liabilities 2014: $8,288Net Assets 2014: $190,5152014Assets 2015: $200,329Liabilities 2015: $8,519Net Assets 2015: $191,8102015Assets 2016: $230,279Liabilities 2016: $41,544Net Assets 2016: $188,7352016Assets 2017: $222,288Liabilities 2017: $10,850Net Assets 2017: $211,4382017Assets 2018: $271,688Liabilities 2018: $7,188Net Assets 2018: $264,5002018Assets 2018: $271,688Liabilities 2018: $7,188Net Assets 2018: $264,5002018Assets 2019: $318,518Liabilities 2019: $6,444Net Assets 2019: $312,0742019Assets 2020: $327,691Liabilities 2020: $2,386Net Assets 2020: $325,3052020Assets 2021: $381,383Liabilities 2021: $4,596Net Assets 2021: $376,7872021Assets 2022: $446,397Liabilities 2022: $6,711Net Assets 2022: $439,6862022Assets 2023: $432,842Liabilities 2023: $6,444Net Assets 2023: $426,3982023Assets 2024: $406,464Liabilities 2024: $356Net Assets 2024: $406,1082024

Highlighted filing

2018

Assets$271,688
Liabilities$7,188
Net Assets$264,500

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $208,8582010Expenses 2011: $193,4422011Expenses 2012: $216,5382012Revenue 2013: $240,369Expenses 2013: $250,916Net Income 2013: -$10,5472013Revenue 2014: $210,287Expenses 2014: $250,068Net Income 2014: -$39,7812014Revenue 2015: $186,598Expenses 2015: $185,303Net Income 2015: $1,2952015Revenue 2016: $180,681Expenses 2016: $183,756Net Income 2016: -$3,0752016Revenue 2017: $199,667Expenses 2017: $176,964Net Income 2017: $22,7032017Revenue 2018: $225,980Expenses 2018: $172,918Net Income 2018: $53,0622018Revenue 2018: $225,980Expenses 2018: $172,918Net Income 2018: $53,0622018Revenue 2019: $220,339Expenses 2019: $172,765Net Income 2019: $47,5742019Revenue 2020: $170,320Expenses 2020: $157,089Net Income 2020: $13,2312020Revenue 2021: $224,505Expenses 2021: $173,023Net Income 2021: $51,4822021Revenue 2022: $237,832Expenses 2022: $174,933Net Income 2022: $62,8992022Revenue 2023: $197,289Expenses 2023: $210,577Net Income 2023: -$13,2882023Revenue 2024: $211,074Expenses 2024: $231,364Net Income 2024: -$20,2902024

Highlighted filing

2018

Revenue$225,980
Expenses$172,918
Net Income$53,062
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$263,948
Mission and Program Overview

Mission

Pproa's mission is to provide the community with current information related to the petroleum industry and its affects on the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$211,438$264,500▲ $53,062
Savings and Temporary Cash Investments$140,599$165,821▲ $25,222
Cash and Non-Interest-Bearing Accounts$80,614$105,842▲ $25,228
Accounts Receivable$1,075$25▼ $1,050
Total Assets$222,288$271,688▲ $49,400
Liabilities
Other Liabilities$10,850$7,188▼ $3,662
Total Liabilities$10,850$7,188▼ $3,662
Net Assets / Fund Balance
Total Net Assets Fund Balance$211,438$264,500▲ $53,062
Total Liabilities and Net Assets / Fund Balance$222,288$271,688▲ $49,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd LovettChairman
Greg GrahamPast Chairma
Judy StarkPresident
Brooks GentryDirector
Cap GillmanDirector
Chris AppelDirector
Cooper SandersDirector
Currie SmithDirector
Jason ManningDirector
Leslie WeaverDirector
Richard BeyeaDirector
William R Bill HeckDirector
Dana Newsome1st Vice CHA
Leon Roberts2nd Vice CHA
Ed NicholsSecretary
Jeff MccarnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$83,870
Program Service Revenue
$38,420
Investment Income
$1,604
Other Revenue
$102,086
All Other Contributions
$4,000
Change in Net Assets
$53,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$115,501
Other Expenses$57,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$107,061
Occupancy---$14,618
Travel---$8,913
Payroll Taxes---$8,440
Insurance---$7,115
Office Expenses---$2,375
Advertising---$1,640
Fees for Services Accounting---$1,000
Other Expenses---$808
Fees for Services Other---$488
Total Functional Expenses$0$0$0$172,918
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$140,054
Fundraising Direct Expenses$37,968
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Conventi$102,763$102,763$3,409$99,354
Fundraiser/golf$37,291$37,291$12,424$24,867
Total Events$140,054$140,054$37,968$102,086
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advances$4,805
Payroll Taxes Liabilities$2,383
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The entity has members who join on an annual basis.

Form 990, Page 6, Part VI, Line 7A

The entity has officers and directors that are elected on an annual basis.

Form 990, Page 6, Part VI, Line 7B

When it is required, the governing body will present decisions to the members for voting and approval.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the treasurer prior to being signed for filing with the irs.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial information are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Panhandle Producers & Royalty
EIN
75-1218554
Phone
8063525637
Address
3131 BELL STREET SUITE 209, AMARILLO, TX 79106

Signing Officer

Name
Judy Stark
Title
President
Phone
8063525637
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Mccarn
Formed
1929
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
10

Preparer

Firm
Snelgrooes & Co
Address
905 S FILLMORE ST STE 700, AMARILLO, TX 79101
Preparer
Karen L Harbaugh CPA
Phone
8065131210
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers help with the annual convention registration and organization of events.

Raw XML Appendix375 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.

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IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART IV
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05435
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL CONVENTI
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUNDRAISER/GOLF
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0102763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt037291
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0140054
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0102763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt037291
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0140054
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0102086
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015833
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03409
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012424
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt016700
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016700
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS HELP WITH THE ANNUAL CONVENTION REGISTRATION AND ORGANIZATION OF EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ENTITY HAS MEMBERS WHO JOIN ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENTITY HAS OFFICERS AND DIRECTORS THAT ARE ELECTED ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHEN IT IS REQUIRED, THE GOVERNING BODY WILL PRESENT DECISIONS TO THE MEMBERS FOR VOTING AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO BEING SIGNED FOR FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0222288
IRS990/TotalAssetsEOYAmt0271688
IRS990/TotalAssetsGrp/BOYAmt0222288
IRS990/TotalAssetsGrp/EOYAmt0271688
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt083870
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0172918
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010850
IRS990/TotalLiabilitiesEOYAmt07188
IRS990/TotalLiabilitiesGrp/BOYAmt010850
IRS990/TotalLiabilitiesGrp/EOYAmt07188
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0211438
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0264500
IRS990/TotalProgramServiceRevenueAmt038420
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040024
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225980
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0222288
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0271688
IRS990/TravelGrp/TotalAmt08913
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0905 S FILLMORE SUITE 530
IRS990/USAddress/CityNm0AMARILLO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079101
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.PPROA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY STARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08063525637
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PANHANDLE PRODUCERS & ROYALTY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PANH
ReturnHeader/Filer/EIN0751218554
ReturnHeader/Filer/PhoneNum08063525637
ReturnHeader/Filer/USAddress/AddressLine1Txt03131 BELL STREET SUITE 209
ReturnHeader/Filer/USAddress/CityNm0AMARILLO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079106
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09BEBD238611B456EC26256970CBEADF069F2C7D6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0054C076913BEB15EC8D70B494099F53858D5CB77
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0206.166.209.82
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:48:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0833320964
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SNELGROOES & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0905 S FILLMORE ST STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AMARILLO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079101
ReturnHeader/PreparerPersonGrp/PhoneNum08065131210
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN L HARBAUGH CPA
ReturnHeader/ReturnTs02019-11-15T13:48:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.00$4.06$2.11$2.31$0.20
2023Summary only. Only limited summary data is available for this year.$4.33$0.06$4.26$1.97$2.11$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.07$4.40$2.38$1.75$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.05$3.77$2.25$1.73$0.51
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.02$3.25$1.70$1.57$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$0.06$3.12$2.20$1.73$0.48
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.07$2.65$2.26$1.73$0.53
2018Summary only. Only limited summary data is available for this year.$2.72$0.07$2.65$2.26$1.73$0.53
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.11$2.11$2.00$1.77$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.42$1.89$1.81$1.84$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.09$1.92$1.87$1.85$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.99$0.08$1.91$2.10$2.50$0.40
2013Summary only. Only limited summary data is available for this year.$2.33$0.03$2.30$2.40$2.51$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.03$2.41$2.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.03$1.71$1.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.03$1.37$2.09