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PETROLEUM EQUIPMENT INSTITUTE

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Public IRS 990 nonprofit record

PETROLEUM EQUIPMENT INSTITUTE

EIN 73-0593344 · Fairs (N52)

What they do

The Mission of The Petroleum Equipment Institute is to Be The Leading Authority and Source of Information for The Petroleum Handling Equipment Industry.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $77.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.91%of revenue went to mission work77.3% of expenses · Program services
$88.64spent for every $100 of revenueRevenue covered expenses this year.
23.42%of revenue went to management and office costs22.7% of expenses
$2.14in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $301,375 for JASON BLAKE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,682,039
Mission workProgram services$2,942,30179.91% of revenue77.3% of expenses
ManagementOffice and general costs$862,48723.42% of revenue22.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$3,804,788103.33% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 77.3% mission · 22.7% management · 0.0% fundraisingTotal expenses: 103.33% of revenue
2020Expense mix: 70.6% mission · 29.4% management · 0.0% fundraisingTotal expenses: 106.05% of revenue
2019Expense mix: 73.3% mission · 26.7% management · 0.0% fundraisingTotal expenses: 101.83% of revenue
2018Expense mix: 77.3% mission · 22.7% management · 0.0% fundraisingTotal expenses: 111.51% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.07% of revenue
2016Expense mix: 100.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.09% of revenue

Money in and money out

Revenue$5,443,181
Expenses$4,824,651
Annual surplus $618,530 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,942,301 · 61.0% of expenses
Management and office costs$862,487 · 17.9% of expenses
See all reported dollar amounts
Revenue$5,443,181
Expenses$4,824,651
Assets$10,305,459
Income$10,232,245
Mission work (program services)$2,942,301
Stocks and bonds$6,408,184
Accounting fees$84,031
Investing fees$56,427
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JASON BLAKEPRESIDENT · 40 hrs/week $301,375Base $297,225 · Other $4,150
MELINDA WHITNEYSVP OF OPERATIONS · 40 hrs/week $225,758Base $221,608 · Other $4,150
SCOTT BOORSEVP OF TECHNICAL PROGRAMS & INDUSTRY AF · 40 hrs/week $197,226
TOM LEIBRANDTSR DIR OF MEDIA & MEMBER RELATIONS · 40 hrs/week $166,318
LILIANA CRUZSR DIR OF LATIN AMERICA · 40 hrs/week $121,075Base $117,625 · Other $3,450
JULIE SHANKDIR OF MEMBER EVENTS AND SPECIAL PROJECTS · 40 hrs/week $118,297
TIM DAVIDSONSR MGR OF MEMBERSHIP EXPANSION · 40 hrs/week $114,116Base $112,616 · Other $1,500
AUSTIN QUINTENAVP - MEMBER RELATIONS · 40 hrs/week $101,730

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

JASON BLAKEPRESIDENT

MELINDA WHITNEYSVP OF OPERATIONS

SCOTT BOORSEVP OF TECHNICAL PROGRAMS & INDUSTRY AF

TOM LEIBRANDTSR DIR OF MEDIA & MEMBER RELATIONS

LILIANA CRUZSR DIR OF LATIN AMERICA

JULIE SHANKDIR OF MEMBER EVENTS AND SPECIAL PROJECTS

TIM DAVIDSONSR MGR OF MEMBERSHIP EXPANSION

AUSTIN QUINTENAVP - MEMBER RELATIONS

TONIA BALLARDDIRECTOR

SARA BECKVICE CHAIR

PATRICK MCDERMOTTDIRECTOR

NATE MEYERDIRECTOR

MIKE LATTNERDIRECTOR

MIKE DAVISDIRECTOR

KAILEIGH STRIZZIDIRECTOR

JOSH SKOVDIRECTOR

JOHN LOUCKSDIRECTOR

JOHN KELLERIMMEDIATE PAST CHAIR

JOEY BATCHELORVP OF FINANCE

JOEY ARNDIRECTOR

JAMES ETHERCHAIR

DAVE BABCOCKDIRECTOR

BUDDY BAYLISSDIRECTOR

BRIAN DERGEDIRECTOR

BOB MATHEWSDIRECTOR

BILL EVERETTDIRECTOR

About this charity

Recognized since
January 1953
Location
6514 E 69th Street, Tulsa, OK 74133
County
Tulsa
In care of
Jason Blake
Primary officer
Jason Blake, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
APRIO ADVISORY GROUP LLC
NTEE classification
Fairs (N52)
IRS tax category
Fairs

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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