Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
18 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Psig INC is a business league or trade association based in Houston, TX, formed in 1969.
Questions for Psig INC
Your first name shows with your question. Psig INC answers here, for everyone.
Annual Conference
A collection of technical papers are presented by their authors and discussed by attendees. The program promotes the exchange of knowledge and advances in pipeline simulation among industry professionals.
Periodic educational courses taught by highly skilled instructors to provide technical training and professional development in pipeline simulation.
An internet website is maintained to provide a central point for dissemination of technical information, resources, and updates.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $79K | $90K |
| InvestmentsLn 11–13 | $364K | $417K |
| Total assetsLn 16 | $453K | $526K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $453K | $526K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | |||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $0 | |||
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $0 | |||
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $41 | |||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $8K | |||
| Information technologyLn 14 | $4K | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $74K | |||
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $55K | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $0 | |||
| Total functional expensesLn 25 | $140K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 15, 2026 | $172K | $140K | $31K | $526K | 990 PDF |
| FY2024Filed with the IRS Mar 26, 2025 | $152K | $453K | 990 PDF | ||
| FY2023Filed with the IRS Apr 25, 2024 | $198K | $396K | 990 PDF | ||
| FY2022Filed with the IRS May 1, 2023 | $106K | $331K | 990 PDF | ||
| FY2021Filed with the IRS May 4, 2022 | $80K | $366K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $171,640 revenue, 12 lines filed
Part VI · Governance 18 of 18 board members independent, 3 to look at
Part VIII · Statement of revenue $171,640 across 6 lines filed
Part IX · Statement of functional expenses $140,183 across 29 lines filed
Part X · Balance sheet $526,016 assets, 29 lines filed
Part XI · Reconciliation of net assets $526,016 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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