Civic Intelligence

Permian Basin Builders Association

990 • Fiscal year 2019 • EIN 75-2724039

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

2002 W Wall StMidland, TX 79701

(432) 520-7917

Siviq Scores

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

Liabilities / Assets

95th percentile

0.73x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

1.23x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$86,433

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

18th percentile

-19%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$413,094

Down $95,657 (-19%) from 2018

Net Assets

Down

$109,802

Down $121,563 (-53%) from 2018

Liabilities

Up

$303,292

Up $25,906 (+9.3%) from 2018

Revenue

Down

$246,877

Down $83,199 (-25%) from 2018

Expenses

Down

$291,044

Down $64,464 (-18%) from 2018

Net Income

Down

-$44,167

Down $18,735 (-74%) 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: $106,600Liabilities 2010: $23,959Net Assets 2010: $82,6412010Assets 2011: $119,939Liabilities 2011: $53,568Net Assets 2011: $66,3712011Assets 2012: $131,795Liabilities 2012: $41,709Net Assets 2012: $90,0862012Assets 2013: $150,942Liabilities 2013: $106,213Net Assets 2013: $44,7292013Assets 2014: $227,761Liabilities 2014: $0Net Assets 2014: $227,7612014Assets 2015: $260,307Liabilities 2015: $6,427Net Assets 2015: $253,8802015Assets 2016: $290,037Liabilities 2016: $3,941Net Assets 2016: $286,0962016Assets 2017: $278,221Liabilities 2017: $21,424Net Assets 2017: $256,7972017Assets 2018: $508,751Liabilities 2018: $277,386Net Assets 2018: $231,3652018Assets 2019: $413,094Liabilities 2019: $303,292Net Assets 2019: $109,8022019Assets 2020: $445,317Liabilities 2020: $272,897Net Assets 2020: $172,4202020Assets 2021: $460,483Liabilities 2021: $232,763Net Assets 2021: $227,7202021Assets 2022: $411,426Liabilities 2022: $212,702Net Assets 2022: $198,7242022Assets 2023: $426,314Liabilities 2023: $194,737Net Assets 2023: $231,5772023Assets 2024: $448,511Liabilities 2024: $171,077Net Assets 2024: $277,4342024

Highlighted filing

2019

Assets$413,094
Liabilities$303,292
Net Assets$109,802

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $306,5332010Revenue 2011: $326,934Expenses 2011: $343,204Net Income 2011: -$16,2702011Revenue 2012: $377,308Expenses 2012: $367,083Net Income 2012: $10,2252012Revenue 2013: $328,165Expenses 2013: $358,556Net Income 2013: -$30,3912013Revenue 2014: $512,345Expenses 2014: $329,313Net Income 2014: $183,0322014Revenue 2015: $401,669Expenses 2015: $378,441Net Income 2015: $23,2282015Revenue 2016: $498,286Expenses 2016: $453,570Net Income 2016: $44,7162016Revenue 2017: $381,469Expenses 2017: $410,169Net Income 2017: -$28,7002017Revenue 2018: $330,076Expenses 2018: $355,508Net Income 2018: -$25,4322018Revenue 2019: $246,877Expenses 2019: $291,044Net Income 2019: -$44,1672019Revenue 2020: $155,031Expenses 2020: $92,413Net Income 2020: $62,6182020Revenue 2021: $126,235Expenses 2021: $66,187Net Income 2021: $60,0482021Revenue 2022: $99,744Expenses 2022: $128,740Net Income 2022: -$28,9962022Revenue 2023: $202,950Expenses 2023: $170,097Net Income 2023: $32,8532023Revenue 2024: $225,530Expenses 2024: $179,488Net Income 2024: $46,0422024

Highlighted filing

2019

Revenue$246,877
Expenses$291,044
Net Income-$44,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$257,979
Mission and Program Overview

Mission

Association to provide support of and education to the Permian Basin homebuilding and residential remodeling industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$378,396$378,063▼ $333
Savings and Temporary Cash Investments$75,552$0▼ $75,552
Accounts Receivable$43,975$27,943▼ $16,032
Cash and Non-Interest-Bearing Accounts$10,478$6,838▼ $3,640
Total Assets$508,751$413,094▼ $95,657
Other Assets Total$350$250▼ $100
Liabilities
Mortgage Notes Payable Secured by Investment Property$241,554$230,649▼ $10,905
Accounts Payable and Accrued Expenses$32,829$46,644▲ $13,815
Other Liabilities$3,003$25,999▲ $22,996
Total Liabilities$277,386$303,292▲ $25,906
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$151,422$109,802▼ $41,620
Net Assets With Donor Restrictions$79,943$0▼ $79,943
Total Net Assets Fund Balance$231,365$109,802▼ $121,563
Total Liabilities and Net Assets / Fund Balance$508,751$413,094▼ $95,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$323,507$13,315$336,822
Land$40,482-$40,482
Leasehold Improvements$8,731$19$8,750
Equipment$5,343$2,127$7,470
Other Assets Org$250--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Annie ParchmanExecutive OfficerFT$86,433$86,433

Board Members and Trustees

NameTitle
Robert AndersonPresident
Brandy BarnettVice President
Bryce PfingstenDirector
Caleb GrahamDirector
Colby BrazileDirector
Eric WeisbrodDirector
Grant LooneyDirector
Melissa RuckmanDirector
Peter WalperDirector
Richard HollowellDirector
Callie StevensTAB Director
Henry HantzTAB Director
Melissa BlackSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$239,079
Investment Income
$0
Other Revenue
$7,798
Change in Net Assets
$-44,167
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,328
Salaries, Compensation, and Employee Benefits$131,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$0$0$0$96,132
Current Officers, Directors, Trustees, and Key Employees$0$0$0$86,433
Other Salaries and Wages$0$0$0$35,599
Office Expenses$0$0$0$12,202
Fees for Services Legal$0$0$0$11,220
Payroll Taxes$0$0$0$9,684
Depreciation Depletion$0$0$0$9,622
Interest$0$0$0$8,048
Occupancy$0$0$0$5,529
Travel$0$0$0$4,607
Other Expenses$0$0$0$4,000
Information Technology$0$0$0$3,904
Insurance$0$0$0$1,708
Fees for Services Accounting$0$0$0$1,148
Total Functional Expenses$0$0$0$291,044
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
POH deposits$12,000
Due to Anderson Construction$10,000
Security deposit - office space$2,100
Liability insurance$1,121
Payroll taxes payable$778
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Permian Basin Builders Association
EIN
75-2724039
Phone
4325207917
Address
2002 W Wall St, Midland, TX 79701

Signing Officer

Name
Melissa Black
Title
Treasurer
Phone
4325207917
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Black
Formed
1997
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
75

Preparer

Firm
Ronald W Meyer PLLC
Address
401 W 15TH ST Suite 850, AUSTIN, TX 78701
Preparer
Ronald W Meyer
Phone
5124764511
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Membership consists of Permian Basin area homebuilders, remodeling contractors, and support businesses.

Pt VI, Line 7A

Officers and Directors are elected by members with elections held each year.

Pt VI, Line 7B

Decisions are approved by the Board of Directors.

Pt VI, Line 11B

Board members receive a copy of Form 990 and have an opportunity to ask questions prior to its filing with IRS.

Pt VI, Line 12C

Conflicts of interest are disclosed at each board meeting.

Pt VI, Line 15A

Executive Officer compensation is approved as part of the annual budget process and presented to members at the annual meeting.

Pt VI, Line 19

Documents can be reviewed at the Association offices upon request.

Pt XI

Prior period adjustment to remove restricted net assets for Professional Women in Building (spun off into its own entity).

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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0350
IRS990/OtherAssetsTotalGrp/EOYAmt0250
IRS990/OtherChangesInNetAssetsAmt0-79943
IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
IRS990/OtherExpensesGrp/Desc1Membership drive
IRS990/OtherExpensesGrp/Desc2Bad debts
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt0520
IRS990/OtherExpensesGrp/TotalAmt1688
IRS990/OtherExpensesGrp/TotalAmt24000
IRS990/OtherLiabilitiesGrp/BOYAmt03003
IRS990/OtherLiabilitiesGrp/EOYAmt025999
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt035599
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt09684
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Melissa Black
IRS990/PriorPeriodAdjustmentsAmt02547
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4541800
IRS990/ProgramServiceRevenueGrp/Desc0Membership dues
IRS990/ProgramServiceRevenueGrp/Desc1Parade of Homes
IRS990/ProgramServiceRevenueGrp/Desc2Golf Tournament
IRS990/ProgramServiceRevenueGrp/Desc3Luncheon
IRS990/ProgramServiceRevenueGrp/Desc4Advertising
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045343
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt198675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt248771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt311765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt432575
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt137400
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt432575
IRS990/ProgSrvcAccomActy2Grp/Desc0Membership Relations performed through awards recognition, communication of topics important to the industry, and education programs.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0976
IRS990/PYGrantsAndSimilarPaidAmt09000
IRS990/PYInvestmentIncomeAmt0-617
IRS990/PYOtherExpensesAmt0216303
IRS990/PYProgramServiceRevenueAmt0329717
IRS990/PYRevenuesLessExpensesAmt0-25432
IRS990/PYSalariesCompEmpBnftPaidAmt0130205
IRS990/PYTotalExpensesAmt0355508
IRS990/PYTotalRevenueAmt0330076
IRS990/ReconcilationRevenueExpnssAmt0-44167
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt07798
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0323507
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013315
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0336822
IRS990ScheduleD/EquipmentGrp/BookValueAmt05343
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02127
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07470
IRS990ScheduleD/LandGrp/BookValueAmt040482
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040482
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08731
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1250
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Employee advances
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Utility deposit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt310000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll taxes payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POH deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Security deposit - office space
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Due to Anderson Construction
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Liability insurance
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0378063
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0250
IRS990ScheduleD/TotalLiabilityAmt025999
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership consists of Permian Basin area homebuilders, remodeling contractors, and support businesses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and Directors are elected by members with elections held each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisions are approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board members receive a copy of Form 990 and have an opportunity to ask questions prior to its filing with IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conflicts of interest are disclosed at each board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Executive Officer compensation is approved as part of the annual budget process and presented to members at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents can be reviewed at the Association offices upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Prior period adjustment to remove restricted net assets for Professional Women in Building (spun off into its own entity).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0508751
IRS990/TotalAssetsEOYAmt0413094

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.49$1.71$2.77$2.26$1.79$0.46
2023Detailed filing. Detailed filing data is available for this year.$4.26$1.95$2.32$2.03$1.70$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.11$2.13$1.99$1.00$1.29$0.29
2021Detailed filing. Detailed filing data is available for this year.$4.60$2.33$2.28$1.26$0.66$0.60
2020Detailed filing. Detailed filing data is available for this year.$4.45$2.73$1.72$1.55$0.92$0.63
2019Detailed filing. Detailed filing data is available for this year.$4.13$3.03$1.10$2.47$2.91$0.44
2018Summary only. Only limited summary data is available for this year.$5.09$2.77$2.31$3.30$3.56$0.25
2017Summary only. Only limited summary data is available for this year.$2.78$0.21$2.57$3.81$4.10$0.29
2016Summary only. Only limited summary data is available for this year.$2.90$0.04$2.86$4.98$4.54$0.45
2015Summary only. Only limited summary data is available for this year.$2.60$0.06$2.54$4.02$3.78$0.23
2014Summary only. Only limited summary data is available for this year.$2.28$0.00$2.28$5.12$3.29$1.83
2013Summary only. Only limited summary data is available for this year.$1.51$1.06$0.45$3.28$3.59$0.30
2012Summary only. Only limited summary data is available for this year.$1.32$0.42$0.90$3.77$3.67$0.10
2011Summary only. Only limited summary data is available for this year.$1.20$0.54$0.66$3.27$3.43$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.24$0.83$3.07