Civic Intelligence

Oilfield Nextgen

990EZ • Fiscal year 2022 • EIN 84-4048198

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

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

85th percentile

0.23x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-3997%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-92%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$4,023

Down $46,602 (-92%) from 2021

Net Assets

Down

$3,082

Down $46,602 (-94%) from 2021

Liabilities

Flat

$941

Flat from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin1st percentile

Revenue

Down

$1,166

Down $62,962 (-98%) from 2021

Expenses

Up

$47,768

Up $33,324 (+231%) from 2021

Net Income

Down

-$46,602

Down $96,286 (-194%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

2022

Assets$4,023
Liabilities$941
Net Assets$3,082
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

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

2022

Revenue$1,166
Expenses$47,768
Net Income-$46,602
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$128,446
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.-$21,579
Compensation and Service Providers
Top Officer Pay78th 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$120,772$120,772-$120,772
Total Events$120,772$120,772$127,280$-6,508
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
2023-11-06
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 $11827”

Other Expenses.1002

“Office Expenses $2532”

Other Expenses.1003

“Information Technology $1920”

Other Expenses.1

“Meetings Expense $2103”

Other Expenses.2

“Software $2026”

Other Expenses.3

“MISCELLANEOUS $223”

Other Expenses.4

“Bank Charges $35”

Other Assets.1006

“Pledges and Grants Receivable - Beginning $25000 Pledges and Grants Receivable - Ending $900”

Total Liabilities.1001

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

Raw XML Appendix170 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/BOYAmt025625
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03123
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07650
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-46602
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017196
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt050625
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04023
IRS990EZ/FundraisingGrossIncomeAmt0120772
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09906
IRS990EZ/GrossReceiptsAmt0128446
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt024
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt049684
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03082
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt049684
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03082
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/BOYAmt025000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0900
IRS990EZ/OtherExpensesTotalAmt020666
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/ProgramServiceExpensesAmt021579
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0127280
IRS990EZ/SpecialEventsNetIncomeLossAmt0-6508
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0941
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0941
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt047768
IRS990EZ/TotalProgramServiceExpensesAmt021579
IRS990EZ/TotalRevenueAmt01166
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0128422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0184504
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/PublicSupportTotal509Amt0184504
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0128422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt056082
IRS990ScheduleA/Total509Grp/TotalAmt0184504
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0128422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt056082
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0184504
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0127280
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0120772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0120772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0120772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0120772
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6508
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt069869
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt069869
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt057411
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt057411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $11827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $1920
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meetings Expense $2103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Software $2026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS $223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Charges $35
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pledges and Grants Receivable - Beginning $25000 Pledges and Grants Receivable - Ending $900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $941 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 Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Adam Burris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COB
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-06
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/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02023-11-14T05:08:39-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Adam
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Burris
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,023
Liabilities
$941
Net assets
$3,082
Revenue
$1,166
Expenses
$47,768
Net income
-$46,602
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits