PETROLEUM CLUB OF FORT WORTH: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- PETROLEUM CLUB OF FORT WORTH (EIN 75-0880461)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2019-10-03
- IRS object ID
- 201922769349300142
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-10-03T13:42:45-05:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750807999 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPROLES WOODARD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 MAIN STREET SUITE 3250 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 761025304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750880461 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETROLEUM CLUB OF FORT WORTH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETR | BusinessNameControlTxt |
| Phone | 8173357571 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 MAIN STREET SUITE 2760 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN TILL | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 8173357571 | PhoneNum |
| Signature | 2019-10-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN VINCENT DAVILA | PreparerPersonNm |
| PTIN | P01434256 | PTIN |
| Phone | 8173321328 | PhoneNum |
| Preparation | 2019-10-02 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.180.5.150 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-10-03 | IPDt |
| IP Tm | 09:19:13 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8A9CF4DDC6E3BCE48B2987368247CFFCD50B3C69 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 8A9CF4DDC6E3BCE48B2987368247CFFCD50B3C69 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-01-14 16:20:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN TILL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 MAIN STREET SUITE 2760 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,618,719 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.FWPETROLEUMCLUB.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE CLUB WAS FORMED BY THOSE WITH OIL, GAS AND MINERAL INTERESTS, AND REPRESENTATIVES OF THE FORT WORTH OIL SOCIETIES. THE REPRESENTATIVES RESOLVED THAT THEIR PURPOSE AND OBJECTIVE WAS THE UNION AND AFFILIATION OF THEIR SOCIETIES INTO ONE CLUB - THE PETROLEUM CLUB OF FORT WORTH - FOR THEIR MUTUAL BENEFIT AND ENJOYMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 81 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $25,844 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $24,285 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,398,401 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,531,500 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $99,325 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,616 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,757 | PYOtherRevenueAmt |
| CY Other Revenue | $209,409 | CYOtherRevenueAmt |
| PY Total Revenue | $1,506,483 | PYTotalRevenueAmt |
| CY Total Revenue | $1,743,525 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $634,328 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $686,368 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,540,877 | PYOtherExpensesAmt |
| CY Other Expenses | $1,389,339 | CYOtherExpensesAmt |
| PY Total Expenses | $2,175,205 | PYTotalExpensesAmt |
| CY Total Expenses | $2,075,707 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$668,722 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$332,182 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,532,082 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,039,915 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,118,166 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $918,681 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,413,916 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,121,234 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CLUB WAS FORMED BY THOSE WITH OIL, GAS AND MINERAL INTERESTS, AND REPRESENTATIVES OF THE FORT WORTH OIL SOCIETIES. THE REPRESENTATIVES RESOLVED THAT THEIR PURPOSE AND OBJECTIVE WAS THE UNION AND AFFILIATION OF THEIR SOCIETIES INTO ONE CLUB - THE PETROLEUM CLUB OF FORT WORTH - FOR THEIR MUTUAL BENEFIT AND ENJOYMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | DINING ROOM AND BAR SERVE FOOD, BEVERAGES, AND ENTERTAINMENT TO AN AVERAGE OF 665 MEMBERS. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 18 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 81 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Initiation Fees And Cap Contri | $0 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHERRY ROACH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8173357571 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 777 MAIN STREET SUITE 2760 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| GEORGE JACKSON | ||||||
| PRESIDENT | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK E SMITH | ||||||
| FIRST VICE PRESIDENT | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| WILSON WOODS | ||||||
| SECRETARY | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BEN LANFORD | ||||||
| TREASURER | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LEVI STOWE | ||||||
| SECOND VICE PRESIDENT | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRAD LEONARD | ||||||
| ASSISTANT TREASURER/SECRET | 10.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KEVIN DUNCAN | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH FRENZEL | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| ALANA LONG | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| JOHN MONCRIEF | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| ANDY RECTOR | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| JONNY BRUMLEY | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| BRANDON FINKS | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| LARRY HOLTON | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| CLIFF KEISER | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| KITTY MILLER | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| TOM BASS JR | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| GEORGE JACKSON | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| JEFF JORDAN | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| SHERMAN SMITH | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| MICHELLE THURSTON | ||||||
| DIRECTOR | 10.50 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN TILL | ||||||
| GENERAL MANAGER | 40.00 | Yes (X) | $167,625 | $0 | $15,669 | |
| SHERRY ROACH | ||||||
| COMPTROLLER | 40.00 | Yes (X) | $79,614 | $0 | $8,195 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $247,239 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $23,864 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| US FOODS INC | |||||
| P O BOX 843202 | DALLAS | TX | 752843202 | FOOD | $124,016 |
| HALPERN'S STEAK & SEAFOOD CO LLC | |||||
| P O BOX 116421 | ATLANTA | GA | 303686421 | FOOD | $105,853 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,531,500 | MembershipDuesAmt |
| Total Contributions | $1,531,500 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,616 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,616 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $150,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $150,000 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $750 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $373 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $377 | TotalRevenueColumnAmt |
| Exclusion | $377 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,802,029 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,724,821 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,208 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $63,640 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $13,568 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| ANNUAL MEMBER ASSESSMENT | 900099 | $101,934 | $101,934 | |
| GOLF TOURNAMENT | 900099 | $10,352 | $10,352 | |
| ADVERTISING | 900099 | $9,660 | $9,660 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,878 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,878 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $131,824 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,743,525 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $185,804 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $25,844 | UnrelatedBusinessRevenueAmt |
| Exclusion | $377 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,420 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $239,563 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,000 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,990 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,395 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,225 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,679 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,711 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,447 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $636,552 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,728 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,111 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,776 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| MISCELLANEOUS | $71,201 |
| DUES AND SUBSCRIPTIONS | $27,897 |
| BAND EXPENSE | $18,563 |
| BAD DEBTS | $10,515 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,934 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,075,707 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,638 | BOYAmt |
| EOY | $34,780 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,925 | BOYAmt |
| EOY | $1,542 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,500 | BOYAmt |
| EOY | $50,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $306,623 | BOYAmt |
| EOY | $343,238 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,284 | BOYAmt |
| EOY | $89,473 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,029 | BOYAmt |
| EOY | $18,556 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,898,484 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,525,900 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,596,826 | BOYAmt |
| EOY | $2,372,584 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,257 | BOYAmt |
| EOY | $129,742 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,532,082 | BOYAmt |
| EOY | $3,039,915 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,208 | BOYAmt |
| EOY | $226,030 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $626,958 | BOYAmt |
| EOY | $502,651 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,000 | BOYAmt |
| EOY | $190,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,118,166 | BOYAmt |
| EOY | $918,681 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,413,916 | BOYAmt |
| EOY | $2,121,234 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,413,916 | BOYAmt |
| EOY | $2,121,234 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,532,082 | BOYAmt |
| EOY | $3,039,915 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$332,182 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $39,500 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,948,409 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,616,677 | DepreciationAmt |
| Book Value | $2,331,732 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,950,075 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,909,223 | DepreciationAmt |
| Book Value | $40,852 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,372,584 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FROST BANK CREDIT LINE | Desc |
| Amt | $190,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $190,000 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,782,648 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $39,500 | OtherRevenueAmt |
| Revenue Not Reported | $39,500 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,743,148 | RevenueSubtotalAmt |
| Other Revenues Not Included | $377 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $377 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,743,525 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,075,330 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,075,330 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $377 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $377 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,075,707 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INITIATION FEES 39,500. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | BOOK SALE CONTRIBUTIONS 377. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | BOOK SALE CONTRIBUTIONS 377. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Acct | Yes (X) | DiscretionarySpendingAcctInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN TILL | PersonNm |
| Title | GENERAL MANAGER | TitleTxt |
| Base Compensation Filing Org | $167,625 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,669 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $183,294 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | MR. STEPHEN TILL RECEIVES CLOTHING AND AUTO ALLOWANCES WHICH ARE INCLUDED AS TAXABLE INCOME ON HIS W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERS OF THE PETROLEUM CLUB OF FORT WORTH ARE COMPRISED OF MEMBERS OF THE FORT WORTH GEOLOGICAL SOCIETY, FORT WORTH GEOPHYSICAL SOCIETY, FORT WORTH NOMADS, FORT WORTH PETROLEUM ACCOUNTANTS, FORT WORTH PETROLEUM ENGINEERS, FORT WORTH DESK AND DERRICK, AND THE FORT WORTH PETROLEUM LANDMEN. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE PETROLEUM CLUB OF FORT WORTH ELECT THE GOVERNING BODY FOR THE UPCOMING YEAR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PETROLEUM CLUB OF FORT WORTH'S FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. THE FINANCE COMMITTEE THEN REPORTS THEIR REVIEW TO THE FULL BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR EVERY OFFICER AND DIRECTOR ACKNOWLEDGES THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH IT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE HOUSE COMMITTEE REGULARLY REVIEWS THE TOP MANAGEMENT COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ONLY MADE AVAILABLE TO MEMBERS NOT TO THE GENERAL PUBLIC. |
| FORM 990, PART XI, LINE 9: | INITIATION FEES 39,500. |
| FORM 990, PART XII, LINE 2C: | THE FINANCE COMMITTEE CHAIRED BY CATHERINE MILLER OVERSEAS ALL FINANCIAL ISSUES. |
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