Overview
What is The Mewbourne Family Supporting Organization?
The Mewbourne Family Supporting Organization is a nonprofit establishment, located at an undisclosed location, dedicated to offering financial backing and resources to the Mewbourne College of Earth & Energy and the Mewbourne School of Petroleum & Geological Engineering at the University of Oklahoma. Its primary objective is to ensure the growth and success of these academic departments, thereby contributing to the broader field of earth and energy studies and petroleum engineering. The organization's impact is significant in supporting these educational institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that The Mewbourne Family Supporting Organization demonstrates a satisfactory level of accountability and finance. The overall score is derived exclusively from the Accountability & Finance beacon, highlighting a strong focus on financial health and governance.
The organization excels in several key areas, notably having a fully independent board with 100% of its members being independent, and maintaining a low liabilities to assets ratio of 0.00%. Additionally, it boasts an impressive program expense ratio of 99.92%, indicating that the vast majority of its expenses are directed towards its programs rather than administrative costs.
However, despite these strengths, the charity's overall rating remains at Two Stars, which suggests there may be areas for improvement that are not captured purely by financial metrics. While the organization performs well in terms of governance and financial practices, the lack of additional beacons could imply limited transparency in other operational aspects.
This AI summary has been generated from information found on Charity Navigator.
Is The Mewbourne Family Supporting Organization legitimate?
The Mewbourne Family Supporting Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mewbourne Family Supporting Organization submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Mewbourne Family Supporting Organization?
The Mewbourne Family Supporting Organization's mission is centered around providing support and funding for two specific academic entities at the University of Oklahoma: the Mewbourne College of Earth & Energy and the Mewbourne School of Petroleum & Geological Engineering. This organization's purpose is to contribute to the advancement of education and research in these fields, thereby supporting the future of these sectors.
Who is the CEO of The Mewbourne Family Supporting Organization?
Unavailable
What is the revenue of The Mewbourne Family Supporting Organization?
The Mewbourne Family Supporting Organization's revenue in 2022 was $176,960.
Who are the executives of The Mewbourne Family Supporting Organization and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Mewbourne Family Supporting Organization?
The Mewbourne Family Supporting Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mewbourne Family Supporting Organization
The Mewbourne Family Supporting Organization, in its mission, focuses on providing essential funding and support to two key academic units at the University of Oklahoma: the Mewbourne College of Earth and Energy, and the Mewbourne School of Petroleum and Geological Engineering. This philanthropic organization aims to bolster the educational and research efforts within these departments, thereby contributing to the advancement of knowledge in the fields of earth sciences and energy technology. By doing so, The Mewbourne Family Supporting Organization serves as a catalyst for innovation and progress in these critical areas.
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Impact
October, 2024
The Mewbourne Family Supporting Organization plays a pivotal role in enhancing the educational landscape for students at the Mewbourne College of Earth & Energy and the Mewbourne School of Petroleum & Geological Engineering at the University of Oklahoma. Through dedicated support and funding, it fosters academic excellence and innovation in these critical fields of study. By investing in educational resources, scholarships, and research initiatives, the organization significantly contributes to the development of future leaders in the energy sector. Its efforts not only enrich the educational experiences of students but also strengthen the overall reputation of the institutions, ensuring they remain at the forefront of geological and energy education.
This information is meant to be a general summary of The Mewbourne Family Supporting Organization. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $176,960
- Gross Receipts: $176,960
Assets and Liabilities:
- Total Assets: $3,443,815
- Total Liabilities: $0
- Net Assets: $3,443,815
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Organization Details
Founding Year
1999
Phone
(903) 561-2900Main Address
PO BOX 7698, TYLER, TX, 75711
NTEE Category
Code: T99 - Philanthropy
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