Petroleum Industry Data Exchange
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Develops industry standards for efficient electronic business in oil and gas. For fiscal year 2024 it reported $288K in revenue, $279K in expenses, and $234K in net assets.Pt I
Summary of the Filing
Where the work happens
Development of Standards
Project work groups are formed when a "business need" is identified, supported by the volunteer groups who want to address the need, and follow a pre-defined process to develop the standard.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Chris Welsh’s $30K as COO & Director is at the 15th percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Randy Dutton | — | — | — | — | $46,200 |
| Chris Welsh | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 |
| Mimi Stansbury | $18,000 | $18,000 | $18,000 | $18,000 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | -11% | — | — |
| Legal fee ratio | 11% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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