Civic Intelligence

Oilfield Nextgen

990EZ • Fiscal year 2021 • EIN 84-4048198

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization ProfileN/A
1109 PeregrineFriendswood, TX 77546

(281) 796-3590

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

77%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets67th percentile

Assets

$50,625

No earlier filing loaded for comparison.

Net Assets

$49,684

No earlier filing loaded for comparison.

Liabilities

$941

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin95th percentile

Revenue

$64,128

No earlier filing loaded for comparison.

Expenses

$14,444

No earlier filing loaded for comparison.

Net Income

$49,684

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2021: $50,625Liabilities 2021: $941Net Assets 2021: $49,6842021Assets 2022: $4,023Liabilities 2022: $941Net Assets 2022: $3,0822022Assets 2023: $36,925Liabilities 2023: $0Net Assets 2023: $36,9252023Assets 2024: $23,467Liabilities 2024: $0Net Assets 2024: $23,4672024

Highlighted filing

2021

Assets$50,625
Liabilities$941
Net Assets$49,684
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2021: $64,128Expenses 2021: $14,444Net Income 2021: $49,6842021Revenue 2022: $1,166Expenses 2022: $47,768Net Income 2022: -$46,6022022Revenue 2023: $122,895Expenses 2023: $89,052Net Income 2023: $33,8432023Revenue 2024: $179,075Expenses 2024: $192,533Net Income 2024: -$13,4582024

Highlighted filing

2021

Revenue$64,128
Expenses$14,444
Net Income$49,684
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$138,307
Mission and Program Overview

Mission

Educate todays youth about the employment opportunities in the oil field industry as well as trade schools options and assistance.

Program Services

DescriptionGrantsExpenses
Educate todays youth about the employment opportunities in the oil field industry as well as trade schools options and assistance.-$8,603
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adam BurrisCOB-$0--
Brian CookPresident-$0--
Jason ArcemontVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$82,214$82,214-$82,214
Total Events$82,214$82,214$74,179$8,035
Filing and Contact Details

Filer

Filer Name
Oilfield Nextgen
EIN
84-4048198
Phone
2817963590
Address
1109 Peregrine, Friendswood, TX 77546

Signing Officer

Name
Adam Burris
Title
COB
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
James Buchanan Schmidt IV CPA
Address
7501A Harborside Dr, Galveston, TX 77554
Preparer
James B Schmidt IV
Phone
4097655569
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $4886”

Other Expenses.1002

“Office Expenses $739”

Other Expenses.1003

“Information Technology $589”

Other Expenses.1

“Meetings Expense $626”

Other Expenses.2

“SUPPLIES $97”

Other Expenses.3

“Bank Charges $6”

Other Assets.1006

“Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $25000”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $941”

Raw XML Appendix159 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Adam Burris
IRS990EZ/BooksInCareOfDetail/PhoneNum02817963590
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01109 Peregrine
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Friendswood
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0775467805
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025625
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt056082
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt049684
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07501
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt050625
IRS990EZ/FundraisingGrossIncomeAmt082214
IRS990EZ/GrossReceiptsAmt0138307
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt011
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt049684
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt049684
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Adam Burris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Brian Cook
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jason Arcemont
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025000
IRS990EZ/OtherExpensesTotalAmt06943
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educate todays youth about the employment opportunities in the oil field industry as well as trade schools options and assistance.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educate todays youth about the employment opportunities in the oil field industry as well as trade schools options and assistance.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08603
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt074179
IRS990EZ/SpecialEventsNetIncomeLossAmt08035
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0941
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt014444
IRS990EZ/TotalProgramServiceExpensesAmt08603
IRS990EZ/TotalRevenueAmt064128
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt056082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt056082
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt056082
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt056082
IRS990ScheduleA/Total509Grp/TotalAmt056082
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt056082
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt056082
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt074179
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt082214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt082214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt082214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt082214
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08035
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt028529
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt028529
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt045650
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt045650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4886
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $589
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meetings Expense $626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES $97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charges $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $941
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Adam Burris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COB
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Oilfield Nextgen
ReturnHeader/Filer/BusinessNameControlTxt0OILF
ReturnHeader/Filer/EIN0844048198
ReturnHeader/Filer/PhoneNum02817963590
ReturnHeader/Filer/USAddress/AddressLine1Txt01109 Peregrine
ReturnHeader/Filer/USAddress/CityNm0Friendswood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077546
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760368879
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James Buchanan Schmidt IV CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07501A Harborside Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Galveston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077554
ReturnHeader/PreparerPersonGrp/PhoneNum04097655569
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James B Schmidt IV
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-18T12:04:19-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Adam
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Burris
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,625
Liabilities
$941
Net assets
$49,684
Revenue
$64,128
Expenses
$14,444
Net income
$49,684
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$1.79$1.93$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$1.23$0.89$0.34
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.01$0.48$0.47
2021Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.64$0.14$0.50