Oilfield Nextgen is located in Friendswood, TX. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oilfield Nextgen is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Oilfield Nextgen generated $1.2k in total revenue. All expenses for the organization totaled $47.8k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATE TODAYS YOUTH ABOUT THE EMPLOYMENT OPPORTUNITIES IN THE OIL FIELD INDUSTRY AS WELL AS TRADE SCHOOLS OPTIONS AND ASSISTANCE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Burris Cob | 0 | $0 | |
Brian Cook President | 0 | $0 | |
Jason Arcemont Vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,508 |
| Other Revenue | $0 |
| Total Revenue | $1,166 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $17,196 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,666 |
| Total expenses | $47,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,123 |
| Other assets | $0 |
| Total assets | $4,023 |
| Total liabilities | $941 |
| Net assets or fund balances | $3,082 |