2023-11-13T16:46:17-05:00 2022-12-31 274032675 JBS & CO LLC 101 LOG CANOE CIR STE I STEVENSVILLE MD 216662106 990 2022-01-01 521849282 IPAA EDUCATIONAL FOUNDATION IPAA 2028574722 1201 15TH STREET NW SUITE 450 WASHINGTON DC 20005 C JEFFREY ESHELMAN PRESIDENT/CEO 2028574722 2023-11-15 true C JEFFREY ESHELMAN 999009999 false J BRIAN STITCHER CPA P00082903 4109566902 2023-11-13 2022 2023-04-26 12:10:37Z C JEFFREY ESHELMAN 1201 15TH STREET NW NO 450 WASHINGTON DC 20005 300967 false X WWW.IPAA.ORG X 1993 DC THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT THE OIL AND NATURAL GAS INDUSTRY AND PROVIDES GRANTS TO CHARITABLE AND EDUCATION PROGRAMS, PARTICULARLY RELATED TO ENERGY EDUCATION. 2 2 0 0 357304 284220 30275 16735 24 12 0 387603 300967 4250 5850 0 0 0 0 425167 325026 429417 330876 -41814 -29909 210767 107257 114423 40822 96344 66435 THE FOUNDATION SUPPORTS PROGRAMS THAT EDUCATE THE PUBLIC ABOUT THE OIL AND NATURAL GAS INDUSTRY AND PROVIDES GRANTS TO CHARITABLE AND EDUCATION PROGRAMS, PARTICULARLY RELATED TO ENERGY EDUCATION. false false 264888 5850 THE FOUNDATION SUPPORTS VARIOUS EDUCATIONAL AND CHARITABLE ACTIVITIES SUCH AS ENERGY CURRICULA, STUDENT COMPETITIONS, AND STUDENT EXTERNSHIPS. THE FOUNDATION PRIMARILY SUPPORTS EDUCATION BY PROVIDING OIL AND GAS INDUSTRY EDUCATION IN THE FOLLOWING AREAS: 1. AWARD-WINNING HIGH SCHOOL PETROLEUM ACADEMIES 2. MIDDLE SCHOOL STEM CAREER EXPLORATION INITIATIVE 3. OIL & GAS COURSES 264888 true true false false false false false false false false false false false false true true false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 4 0 true 0 false false false false false false false false false false false false false false X 2 2 false false false false false false false true true false false false true true true false true true true false X C JEFFREY ESHELMAN 2028574722 1201 15TH STREET NW NO 450 WASHINGTON DC 20005 BARRETT RUSSELL PRESIDENT/CE 1.00 X 0 750041 29736 C JEFFREY ESHELMAN PRESIDENT/CE 1.00 X X 0 297485 12831 DANIEL NAATZ TREASURER/SE 1.00 X X 0 282843 16498 STEVEN PRUETT CHAIRMAN 1.00 X 0 0 0 1330369 59065 true true false 284220 284220 OIL & GAS CPE COURSE 813910 16735 16735 16735 12 12 300967 16747 X 5850 5850 200731 140512 60219 1306 1306 4140 4140 102850 102850 240 240 886 696 190 7038 7038 1095 1095 5301 5301 BANK SERVICE CHARGES 1359 1359 TAXES - OTHER 80 80 330876 264888 65988 0 193267 100507 17500 6750 210767 107257 4647 1400 113023 36175 114423 40822 X 96344 66435 96344 66435 210767 107257 -29909 X false true X true false X 803304 644295 490269 357304 284220 2579392 803304 644295 490269 357304 284220 2579392 812569 1766823 963 896 375 24 12 2270 2581662 224276 0.68440 0.65330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED IPAA PAYABLES- RELATED PARTY 36175 36175 X SCHEDULE D, PAGE 3, PART X IPAA OPERATES AS A NOT-FOR-PROFIT MEMBERSHIP ASSOCIATION AND HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE ("IRC"). IPAA EDUCATIONAL FOUNDATION IS A SUPPORTING ORGANIZATION TO IPAA AND HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. IPAA WILDCATTERS FUND IS A SEPARATE SEGREGATED FUND ORGANIZED UNDER SECTION 527(F)(3) OF THE IRC; POLITICAL CONTRIBUTIONS TO THIS FUND ARE EXEMPT FROM TAXATION. THESE THREE EXEMPT ENTITIES DID NOT HAVE ANY UNRELATED BUSINESS TAXABLE INCOME DURING THE YEAR. true SCHOLARSHIPS 5850 false false false false false false false false false BARRETT RUSSELL PRESIDENT/CEO 750041 29736 779777 C JEFFREY ESHELMAN PRESIDENT/CEO 297485 12831 310316 DANIEL NAATZ TREASURER/SECRETARY 282843 16498 299341 FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION EMPLOYS AN OUTSIDE CPA FIRM TO PREPARE FORM 990. UPON COMPLETION, A DRAFT IS EMAILED TO THE ORGANIZATION'S PRESIDENT AND OUTSOURCED CONTROLLER FOR REVIEW. ANY NECESSARY CHANGES ARE THEN MADE BY THE CPA FIRM. THE FINAL FORM IS SENT TO THE CONTROLLER WHO ENSURES THAT EITHER THE PRESIDENT OR CORPORATE SECRETARY SIGNS AND FILES THE FORM 990 WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION'S PRESIDENT MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY AND DOES NOT ALLOW ANY RELATIONSHIPS WHICH VIOLATE SUCH POLICY. FORM 990, PAGE 6, PART VI, LINE 15A MANAGEMENT RESPONSIBILITIES OF THE IPAA EDUCATIONAL FOUNDATION ARE PERFORMED BY THE MANAGEMENT OF A RELATED ENTITY (THE INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA). IN EXCHANGE FOR THESE SERVICES, THE FOUNDATION PAYS AN ADMINISTRATIVE FEE TO THIS RELATED ENTITY. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT RESPONSIBILITIES OF THE IPAA EDUCATIONAL FOUNDATION ARE PERFORMED BY THE MANAGEMENT OF A RELATED ENTITY (THE INDEPENDENT PETROLEUM ASSOCIATION OF AMERICA). IN EXCHANGE FOR THESE SERVICES, THE FOUNDATION PAYS AN ADMINISTRATIVE FEE TO THIS RELATED ENTITY. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTANT FEES 102,850 0 0 INDEP PETROLEUM ASSOC OF AMERICA 1201 15TH STREET NW SUITE 450 WASHINGTON DC 20005 730296927 TRADE ASSN OK 501C 6 N/A false false false false false false false false false false false false false false false true true false false false IPAA 670227 O 200731 ACTUAL COST IPAA 200731 P 200731 ADMIN. FEES