AI Summary
The Petroleum Accountants Society of MS is a nonprofit organization dedicated to advancing the field of petroleum accounting and auditing through improved methods and ethical practices. With an operating budget of $12.5K and total revenue of $17.1K for the 2024 filing year, the society offers educational opportunities and networking for petroleum accountants and CPAs in the oil and gas industry. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE SOCIETY SUPPORTS IT'S MEMBERS BY:1. ADVANCING PETROLEUM ACCOUNTING AND AUDITING;2. FURTHERING THE DEVELOPMENT OF IMPROVED ACCOUNTING METHODS, PROCESSES AND PROCEDURES;3. THE SUPPORT AND INVOLVEMENT IN DEVELOPMENT OF COPAS MODEL FORM ACCOUNTING PROCEDURES;4. CONTINUING TO ADVANCE THE STANDING OF THE PROFESSION OF PETROLEUM ACCOUNTING;5. PRESERVE AND ENFORCE THE ETHICS OF THE PROFESSION OF PETROLEUM ACCOUNTING; 6. PROVIDE SOCIAL NETWORKING OPPORTUNITIES FOR PETROLEUM ACCOUNTANTS AND CPAS WHO WORK WITH COMPANIES AFFILIATED WITH THE OIL AND GAS INDUSTRY; AND7. PROVIDE EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS AND FIRMS DOING ACCOUNTING AND AUDITING WORK FOR COMPANIES AND INDIVIDUALS WITH OIL AND GAS INTERESTS AND/OR OPERATIONS.
Cause Areas
1
Business and industry
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is PETROLEUM ACCOUNTANTS SOCIETY OF MS’s budget?
In 2024, PETROLEUM ACCOUNTANTS SOCIETY OF MS reported an annual operating budget of around $12 thousand. More detailed financial information is available to registered users.
What causes does PETROLEUM ACCOUNTANTS SOCIETY OF MS support?
PETROLEUM ACCOUNTANTS SOCIETY OF MS supports work in Business and industry.
Where does PETROLEUM ACCOUNTANTS SOCIETY OF MS operate?
PETROLEUM ACCOUNTANTS SOCIETY OF MS is headquartered in Madison, MS.