Natural Gas Society of the Permian Basin
Public records raise at least one point you should look into before giving.
What it says it does
The Natural Gas Society of the Permian Basins purpose is to advance the natural gas industry and the professional development of its members by providing educational and technical programs, fostering networking and social connections, promoting awareness of legislative issues, and supporting future energy professionals through scholarships and community engagement.
- Income
- $63,471
- Spending
- $57,837
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $55,750 spent. THE NATURAL GAS SOCIETY OF THE PERMIAN BASIN ("NGSPB") EXISTS TO CONNECT AND PROFESSIONALLY DEVELOP MEMBERS THROUGH EDUCATIONAL, LEGISLATIVE, SOCIAL, AND TECHNICAL EVENTS. WORKING IN ALL FACETS OF THE NATURAL GAS AND ENERGY INDUSTRIES, OUR MEMBERS ARE WHAT MAKE US UNIQUE. NGSPB OFFERS MEMBERS THE OPPORTUNITY TO CONNECT WITH INDIVIDUALS WORKING IN A VARIETY OF DIFFERENT POSITIONS FOR ORGANIZATIONS LARGE AND SMALL.NGSPB MEMBERSHIP CONSISTS OF OVER SIXTY INDIVIDUALS FROM OVER FIFTY COMPANIES IN THE PERMIAN BASIN. NGSPB HOLDS LUNCHEONS THROUGHOUT THE YEAR FOR ITS MEMBERS FEATURING GUEST SPEAKERS THAT COVER NUMEROUS TOPICS SUCH AS NATURAL GAS MARKET TRENDS, REGULATORTY UPDATES AND SAFETY PRACTICES.EACH YEAR, NGSPB RAISES FUNDS THROUGH ITS MEMBERSHIP DRIVE, MONTHLY LUNCHEONS AND SPONSORED GOLF TOURNAMENT TO SUPPORT ITS GENERAL SCHOLARSHIP FUND. THIS YEAR, NGSPB GRANTED $24,750 IN ACADEMIC SCHOLARSHIPS TO SEVEN STUDENTS TO ENCOURAGE AND SUPPORT THEIR EDUCATION.THIS YEAR, NGSPB HELD A CLAY SHOOT THAT ENGAGED OVER 200 INDUSTRY PROFESSIONALS IN A DAY OF NETWORKING AND PHILANTHROPY. PROCEEDS FROM THE EVENT ENABLED NGSPB TO DONATE $31,000 TO A LOCAL 501(C)(3) ORGANIZATION ADDRESSING FOOD INSECURITY AMONG ECONOMICALLY DISADVANTAGED STUDENTS IN THE COMMUNITY.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2012 for not filing returns for three years, and reinstated on May 15, 2012.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.