Louisiana Mid-continent Oil and Gas Association is a 501(c)(6) organization based in Baton Rouge, Louisiana, registered in 2008, with $2,815,027 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.8M
▲ 13.3% vs prior year
Community median: $184K
Expenses (FY2023)
$2.9M
Net assets
$2.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louisiana Mid-continent Oil and Gas Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louisiana Mid-continent Oil and Gas Association: 11 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louisiana Mid-continent Oil and Gas Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louisiana Mid-continent Oil and Gas Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $3.2M (FY2014) to $2.8M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-1.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$620K
Net assets
$2.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,815,027▲13.3% | $2,865,545▲20.2% | $2,731,202▲0.5% | $3,351,314▼3.9% | 990 |
| 2022 | $2,483,667▼5.7% | $2,384,563▼4.9% | $2,717,500▲0.6% | $3,485,740▲9.5% | 990 |
| 2021 | $2,634,958▲8.0% | $2,507,476▲30.0% | $2,700,450▲4.7% | $3,182,596▲4.3% | 990 |
| 2020 | $2,439,698▲13.4% | $1,928,882▲16.5% | $2,578,872▲24.7% | $3,052,424▲18.6% | 990 |
| 2019 | $2,150,471▼5.8% | $1,656,311▼37.3% | $2,068,056▲31.4% | $2,573,697▲2.9% | 990 |
| 2018 | $2,281,958▲14.3% | $2,643,250▲15.4% | $1,573,896▼18.7% | $2,500,016▼6.9% | 990 |
| 2017 | $1,996,747▼7.1% | $2,290,479▼9.0% | $1,935,188▼17.1% | $2,686,234▼15.8% | 990 |
| 2016 | $2,149,138▼23.8% | $2,515,913▼3.4% | $2,333,920▼13.6% | $3,189,308▼8.6% | 990 |
| 2015 | $2,821,465▼10.7% | $2,603,274▼7.6% | $2,700,695▲8.8% | $3,489,839▲0.9% | 990 |
| 2014 | $3,159,485 | $2,817,508 | $2,482,504 | $3,457,490 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Louisiana Mid-continent Oil and Gas Association (EIN 26-3239839) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.