TY 2024 Form 990EZ

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

MARK A LEWIS

President

DAVID SMITH

Secretary

SCOTT JONES

Treasurer

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

PETROLEUM CLUB OF OLNEY

Employer identification number

37-0721628

Return Reference	Explanation
Other Expenses.1002	Office Expenses $2445
Other Expenses.1009	Depreciation $393
Other Expenses.1012	Insurance $5470
Other Expenses.1	CONTRACT LABOR $3000
Other Expenses.2	LICENSES & PERMITS $2260
Other Expenses.3	MISCELLANEOUS $32
Other Assets.1002	Furniture and Fixtures - Beginning $810 Furniture and Fixtures - Ending $571
Other Assets.1003	Machinery and Equipment - Beginning $906 Machinery and Equipment - Ending $752
Other Assets.1010	Inventories - Beginning $2000 Inventories - Ending $2000
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $211 Prepaid Expenses and Deferred Charges - Ending $211
Total Liabilities.1	- Beginning $0 - Ending $0
Total Liabilities.2	SALES TAX - Beginning $413 SALES TAX - Ending $92

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:	24020490
Software Version:	2024v5.2

1	Contributions, gifts, grants, and similar amounts received ....................	1	1,460
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3	5,800
4	Investment income ....................................	4	67
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) List of Attached Documents: // Content	6a	52,818
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) List of Attached Documents: // Content ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	46,575
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	6,243
7a	Gross sales of inventory, less returns and allowances ......	7a	105,968
b	Less: cost of goods sold .............	7b	89,790
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	16,178
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	29,748

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	825
14	Occupancy, rent, utilities, and maintenance ...................	14	11,922
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	13,600
17	Total expenses. Add lines 10 through 16 .................	17	26,347

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	3,401
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	10,618
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	14,019

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO PROVIDE RECREATIONAL AND SOCIAL FACILITIES AND SERVICES TO THEIR MEMBERS, MEMBERS DEPENDENTS AND MEMBERS GUESTS. THE ORGANIZATION ALSO IS ACTIVE IN COMMUNITY ACTIVITIES.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 COLLEGE SCHOLARSHIPS FOR STUDENTS AND OTHER COMMUNITY ASSISTANCE. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










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