FY22 Financial Results
The tables below summarize SPE's financial performance for FY22 (April 2021-March 2022).
Society of Petroleum Engineers (EIN: 75-2001539) is registered in the United States of America as a nonprofit organization with 501(c)(3) designation.
Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2022 | |
---|---|
Audited |
USD thousands |
Assets |
|
Cash and Cash Equivalents |
10,855 |
Other Assets |
11,876 |
Reserve Fund Investments |
40,160 |
Property and Equipment |
9,796 |
Interest in SPE Foundation |
11,049 |
Total Assets: |
83,736 |
Liabilities and Net Assets |
|
Accounts Payable |
11,614 |
Deferred Revenue |
9,952 |
Total Liabilities |
21,566 |
Net Assets |
62,170 |
Total Liabilities and Net Assets |
83,736 |
Society of Petroleum Engineers (SPE) Stichting Consolidated Statement of Activity for the year ended 31 March 2022 | |
---|---|
Audited |
USD thousands |
Meetings and Training Courses |
(1,586) |
Member Programs |
(2,728) |
Publications |
(4,040) |
Virtual Programs |
(382) |
Global Information Systems |
(5,151) |
Operating Surplus (Loss) |
(13,887) |
PPP Loans and Employee Retention Credits |
(8,002) |
SPE Global Investments |
2,009 |
Net Change in SPE Foundation |
(552) |
Net Surplus/(Loss) | (4,428) |