Pvf Roundtable

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EIN 76-0377595 Business league / trade association Stafford, TX
Revenue & expenses by yearFY2020–FY2024
Revenue
$346K
FY2024▼ -3%
Expenses
$293K
FY2024▼ -14%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Connects pipe, valve, and fitting firms, sharing industry news and funding education. For fiscal year 2024 it reported $346K in revenue, $293K in expenses, and $481K in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
Stafford, TX
Website
www.pvf.org
Filings
5 on file (2020–2024)
Revenue
$346KFY2024
Expenses
$293K
Net assets
$481K
People
15
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Provided by the organization

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Size
$100K–1M
What they do
Connects pipe, valve, and fitting firms, sharing industry news and funding education.
Leadership
Joe Pro · Director
Money in and out
$346K revenue, $293K expenses
Bottom line
+15% operating surplus
Membership & operating revenue · FY2024
Total revenue
$346K
Pt VIII · Ln 12
Total expenses
$293K
Pt IX · Ln 25
Net assets
$481K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $53K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Operating surplus
+15%
revenue over expenses▲ +244% vs prior filing year
Earned revenue
18%
of revenue from program services & dues▼ -5% vs prior filing year
Program spending
83%
of expenses reach member services▼ -4% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$481K
FY2024▲ +12%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19$53K
Total assetsPt X · Ln 16$481K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPvf Roundtable
EINHdr · item D76-0377595
Principal addressHdr · item CStafford, TX
WebsiteHdr · item Jwww.pvf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $242K of program spending, described in the organization's own filed words · FY2024.
01

Quarterly meetings were held that provided education in the following areas: hydraulic fracturing, fossil fuel, and power generation, pipeline expansion, and the future of renewables. Meetings serve 300-400 individuals quarterly.

$242Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$278K · 80%
Program service revenue$62K · 18%
Investment income$7K · 2%
Contributions & grants80%$278K
Program service revenue18%$62K
Investment income2%$7K
Total revenueLn 12$346K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$242K
Management & general17%$51K
Total functional expensesLn 25$293K

Balance Sheet

Part X · end of year
CashLn 1$381K
Total assetsLn 16$481K
Total liabilitiesLn 26$0
Total net assetsLn 32$481K
Months of cash on handcomputed15.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $381K · Operating expenses/yr $293K
15.6 months
Where the money goes
Program services
Program services $242K · Total expenses $293K
83%
Management & General
Management & general $51K · Total expenses $293K
17%
Fundraising
Fundraising $0 · Total expenses $293K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $303K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $278K · Total revenue $346K
80%
Government reliance
Government grants — · Total revenue $346K
Earned-income share
Program service revenue $62K · Total revenue $346K
18%
Investment reliance
Investment income $7K · Total revenue $346K
+2%
Program self-sufficiency
Program service revenue $62K · Total expenses $293K
21%
Growth & trend
Revenue growth (YoY)
This year $346K · Prior year $358K
-3%
Revenue CAGR
FY2020 $134K · FY2024 $346K
+27%
Net-asset trend (YoY)
End of year $481K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $346K · Expenses $293K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $481K
Net-asset ratio
Net assets $481K · Total assets $481K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $481K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe Pro · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $293K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $293K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Revenue growth -3%
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

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$346K revenue · viewing · ⤓ 990 PDF
FY2023$358K revenue · ⤓ 990 PDF
FY2022$377K revenue · ⤓ 990 PDF
FY2021$232K revenue · ⤓ 990 PDF
FY2020$134K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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