Minnesota Propane Association
EIN: 410838935 · Zimmerman, MN
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.7M |
| Net Assets | $1.3M |
Is Minnesota Propane Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Propane Association
Minnesota Propane Association (EIN: 410838935) is a nonprofit organization based in Zimmerman, MN. The organization reported total revenue of $2.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Propane Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Propane Association is a mid-size nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$1K |
| Total Assets | $1.5M |
| Total Liabilities | $203K |
| Net Assets | $1.3M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Minnesota Propane Association reported a surplus of $1K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Propane Association's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.1% | +59.6% | -4.1% |
| 2022 | +7.9% | +17.1% | -6.7% |
| 2021 | -27.2% | -4.6% | -14.5% |
| 2020 | +51.0% | +1.9% | +79.9% |
| 2019 | -8.0% | +1.4% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Propane Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnesota Propane Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.3%.
Frequently Asked Questions about Minnesota Propane Association
Is Minnesota Propane Association a legitimate charity?
Minnesota Propane Association (EIN: 410838935) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Minnesota Propane Association spend its money?
Minnesota Propane Association reported $2.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Propane Association tax-deductible?
Minnesota Propane Association is registered as a tax-exempt nonprofit (EIN: 410838935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Propane Association located?
Minnesota Propane Association is headquartered in Zimmerman, Minnesota and files with the IRS under EIN 410838935.
How many years of IRS 990 filings does Minnesota Propane Association have?
Minnesota Propane Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Minnesota Propane Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Propane Association's revenue has grown by 149.8%, moving from $1.1M to $2.7M. Total assets increased by 176.1% over the same period, from $550K to $1.5M. Total functional expenses rose by 151.9%, from $1.1M to $2.7M. In its most recent filing year (2023), Minnesota Propane Association reported a surplus of $1K, with revenue exceeding expenses. The organization holds $203K in liabilities against $1.5M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.7M | $1.5M | $203K | — | View 990 |
| 2022 | $1.7M | $1.7M | $1.6M | $268K | — | View 990 |
| 2021 | $1.5M | $1.4M | $1.7M | $358K | — | View 990 |
| 2020 | $2.1M | $1.5M | $2.0M | $747K | — | — |
| 2019 | $1.4M | $1.5M | $1.1M | $471K | — | View 990 |
| 2018 | $1.5M | $1.5M | $1.3M | $586K | — | View 990 |
| 2017 | $1.6M | $1.6M | $1.1M | $416K | — | View 990 |
| 2016 | $1.4M | $1.3M | $918K | $245K | — | View 990 |
| 2015 | $1.3M | $1.2M | $939K | $329K | — | View 990 |
| 2014 | $976K | $960K | $705K | $192K | — | View 990 |
| 2013 | $809K | $741K | $578K | $81K | — | View 990 |
| 2012 | $1.1M | $1.1M | $480K | $50K | — | View 990 |
| 2011 | $1.1M | $1.1M | $550K | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.7M, and assets of $1.5M (revenue +62.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $1.6M (revenue +7.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $1.7M (revenue -27.2% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.5M, and assets of $2.0M (revenue +51.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $1.1M (revenue -8.0% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue -5.2% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue +17.8% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $918K (revenue +8.7% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $939K (revenue +28.7% year-over-year).
- 2014: Revenue of $976K, expenses of $960K, and assets of $705K (revenue +20.7% year-over-year).
- 2013: Revenue of $809K, expenses of $741K, and assets of $578K (revenue -25.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $480K (revenue +0.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Propane Association:
Data Sources and Methodology
This transparency report for Minnesota Propane Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.