Civic Intelligence

Produced Water Society Inc

EIN 76-0663372 • 501(c)3 • Austin, TX

Profile

The Produced Water Society is a collection of engineers, scientists, and industry professionals with the common mission to study and improve the management of produced water from offshore and onshore wells.

5900 Balcones DrAustin, TX 78731

www.producedwatersociety.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.55x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.24x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$10,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

99th percentile

473%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

62%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$326,206

Up $269,292 (+473%) from 2023

Liabilities

Up

$179,097

Up $66,248 (+59%) from 2023

Net Assets

Up

$147,109

Up $203,044 (+363%) from 2023

Revenue

Up

$760,574

Up $290,634 (+62%) from 2023

Expenses

Up

$557,530

Up $55,809 (+11%) from 2023

Net Income

Up

$203,044

Up $234,825 (+739%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2011: $39,770Liabilities 2011: $1,7882011Assets 2012: $53,085Liabilities 2012: $4,1992012Assets 2014: $98,623Liabilities 2014: $6,599Net Assets 2014: $92,0242014Assets 2015: $116,436Liabilities 2015: $14,274Net Assets 2015: $102,1622015Assets 2016: $244,027Liabilities 2016: $91,306Net Assets 2016: $152,7212016Assets 2017: $78,937Net Assets 2017: $78,9372017Assets 2018: $52,510Liabilities 2018: $0Net Assets 2018: $52,5102018Assets 2019: $115,098Liabilities 2019: $43,792Net Assets 2019: $71,3062019Assets 2020: $119,669Liabilities 2020: $57,777Net Assets 2020: $61,8922020Assets 2021: $1,039Liabilities 2021: $26,436Net Assets 2021: -$25,3972021Assets 2022: $37,191Liabilities 2022: $61,345Net Assets 2022: -$24,1542022Assets 2023: $56,914Liabilities 2023: $112,849Net Assets 2023: -$55,9352023Assets 2024: $326,206Liabilities 2024: $179,097Net Assets 2024: $147,1092024

Highlighted filing

2024

Assets$326,206
Liabilities$179,097
Net Assets$147,109

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $172,924Expenses 2011: $151,610Net Income 2011: $21,3142011Revenue 2012: $150,134Expenses 2012: $139,230Net Income 2012: $10,9042012Revenue 2014: $174,995Expenses 2014: $142,576Net Income 2014: $32,4192014Revenue 2015: $97,149Expenses 2015: $87,011Net Income 2015: $10,1382015Revenue 2016: $134,409Expenses 2016: $71,908Net Income 2016: $62,5012016Revenue 2017: $168,078Expenses 2017: $159,810Net Income 2017: $8,2682017Revenue 2018: $409,290Expenses 2018: $435,717Net Income 2018: -$26,4272018Revenue 2019: $392,048Expenses 2019: $373,252Net Income 2019: $18,7962019Revenue 2020: $206,965Expenses 2020: $213,671Net Income 2020: -$6,7062020Revenue 2021: $114,493Expenses 2021: $192,386Net Income 2021: -$77,8932021Revenue 2022: $354,231Expenses 2022: $352,488Net Income 2022: $1,7432022Revenue 2023: $469,940Expenses 2023: $501,721Net Income 2023: -$31,7812023Revenue 2024: $760,574Expenses 2024: $557,530Net Income 2024: $203,0442024

Highlighted filing

2024

Revenue$760,574
Expenses$557,530
Net Income$203,044

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$760,574
Mission and Program Overview

Mission

The Produced Water Society is a collection of engineers, scientists, and industry professionals with the common mission to study and improve the management of produced water from offshore and onshore wells.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges-$164,281-
Cash and Non-Interest-Bearing Accounts$26,864$87,575▲ $60,711
Accounts Receivable$30,050$74,350▲ $44,300
Total Assets$56,914$326,206▲ $269,292
Liabilities
Deferred Revenue$53,475$124,800▲ $71,325
Accounts Payable and Accrued Expenses$59,374$54,297▼ $5,077
Total Liabilities$112,849$179,097▲ $66,248
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-55,935$147,109▲ $203,044
Total Net Assets Fund Balance$-55,935$147,109▲ $203,044
Total Liabilities and Net Assets / Fund Balance$56,914$326,206▲ $269,292
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve CoffeePresident
Ben SamuelsVice President
Ivan MoralesSecretary
Morris HoaglandTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,316
Program Service Revenue
$749,258
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$203,044
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$557,530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$401,067$66,444$0$467,511
Travel$0$37,053$0$37,053
Other Expenses$0$19,500$0$19,500
Office Expenses$0$14,868$0$14,868
Fees for Services Other$0$7,768$0$7,768
Fees for Services Accounting$0$5,876$0$5,876
Information Technology$2,540$0$0$2,540
Advertising$1,306$0$0$1,306
Interest$0$1,108$0$1,108
Total Functional Expenses$404,913$152,617$0$557,530
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Produced Water Society Inc
EIN
76-0663372
Phone
5127168536
Address
5900 Balcones Dr, Austin, TX 78731

Signing Officer

Name
Morris Hoagland
Title
Treasurer
Phone
5127168536
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Morris Hoagland
Formed
1999
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

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 those in the produced water management industry.

Pt VI, Line 7A

At the annual meeting of members, approval of board nominees is ratified.

Pt VI, Line 11B

Officers review the return prior to its submittal to IRS.

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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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ReturnHeader/Filer/USAddress/AddressLine1Txt05900 Balcones Dr
ReturnHeader/Filer/USAddress/CityNm0Austin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078731
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205246709
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ronald W Meyer PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 W 15TH ST Suite 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078701
ReturnHeader/PreparerPersonGrp/PhoneNum05124764511
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ronald W Meyer
ReturnHeader/ReturnTs02025-11-12T15:09:15-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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