Panhandle Producers & Royalty Owners Assoc
501(c)(6)
Only null% goes to programs Strong reserves
Panhandle Producers & Royalty Owners Assoc is a 501(c)(6) organization based in Amarillo, Texas, with $211,074 in FY2024 revenue. CharityIndex grades it B.
Po Box 50535, Amarillo, TX, 79159 EIN 75-1218554
Revenue (FY2024)
$211K
▲ 7.0% vs prior year
Expenses (FY2024)
$231K
Net assets
$406K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Panhandle Producers & Royalty Owners Assoc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating21 mo reserves · -10% margin
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 Panhandle Producers & Royalty Owners Assoc: 21 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Panhandle Producers & Royalty Owners Assoc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Panhandle Producers & Royalty Owners Assoc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $240K (FY2013) to $211K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $356Net assets $406K
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$406K
Total liabilities
$356
Net assets
$406K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $211,074▲7.0% | $231,364▲9.9% | $406,108▼4.8% | $406,464▼6.1% | 990 |
| 2023 | $197,289▼17.0% | $210,577▲20.4% | $426,398▼3.0% | $432,842▼3.0% | 990 |
| 2022 | $237,832▲5.9% | $174,933▲1.1% | $439,686▲16.7% | $446,397▲17.0% | 990 |
| 2021 | $224,505▲31.8% | $173,023▲10.1% | $376,787▲15.8% | $381,383▲16.4% | 990 |
| 2020 | $170,320▼22.7% | $157,089▼9.1% | $325,305▲4.2% | $327,691▲2.9% | 990 |
| 2019 | $220,339▼2.5% | $172,765▼0.1% | $312,074▲18.0% | $318,518▲17.2% | 990 |
| 2018 | $225,980▲13.2% | $172,918▼2.3% | $264,500▲25.1% | $271,688▲22.2% | 990 |
| 2017 | $199,667▲10.5% | $176,964▼3.7% | $211,438▲12.0% | $222,288▼3.5% | 990 |
| 2016 | $180,681▼3.2% | $183,756▼0.8% | $188,735▼1.6% | $230,279▲15.0% | 990 |
| 2015 | $186,598▼11.3% | $185,303▼25.9% | $191,810▲0.7% | $200,329▲0.8% | 990 |
| 2014 | $210,287▼12.5% | $250,068▼0.3% | $190,515▼17.3% | $198,803▼14.8% | 990 |
| 2013 | $240,369 | $250,916▲15.9% | $230,296▼4.4% | $233,344▼4.2% | 990 |
| 2012 | — | $216,538▲11.9% | $240,843▲40.7% | $243,505▲39.8% | 990 |
| 2011 | — | $193,442▼7.4% | $171,135▲24.8% | $174,121▲24.5% | 990 |
| 2010 | — | $208,858 | $137,089 | $139,887 | 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.
Frequently asked questions
- Is Panhandle Producers & Royalty Owners Assoc a legitimate nonprofit?
- Yes. Panhandle Producers & Royalty Owners Assoc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 75-1218554, based in Amarillo, Texas.
- What is Panhandle Producers & Royalty Owners Assoc's EIN?
- Panhandle Producers & Royalty Owners Assoc's Employer Identification Number (EIN) is 75-1218554.
- How much revenue does Panhandle Producers & Royalty Owners Assoc report?
- Panhandle Producers & Royalty Owners Assoc reported $211,074 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Panhandle Producers & Royalty Owners Assoc have?
- CharityIndex grades Panhandle Producers & Royalty Owners Assoc B, based on financial health (reserves and operating margin).
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Data for Panhandle Producers & Royalty Owners Assoc (EIN 75-1218554) 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.