Propane Gas Association Of Ne Inc
Propane Gas Association of NE Inc: Stable Finances, High Program Spending
EIN: 223048763 · Epsom, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $150,000 |
| Net Assets | $1.6M |
| Transparency Score | 75/100 |
Is Propane Gas Association Of Ne Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Propane Gas Association Of Ne Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Propane Gas Association Of Ne Inc
Propane Gas Association Of Ne Inc (EIN: 223048763) is a nonprofit organization based in Epsom, NH. The organization reported total revenue of $3.0M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Propane Gas Association Of Ne Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Propane Gas Association Of Ne Inc is a mid-size nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$320K |
| Total Assets | $1.7M |
| Total Liabilities | $153K |
| Net Assets | $1.6M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Propane Gas Association Of Ne Inc reported a surplus of $320K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Propane Gas Association Of Ne Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +3.4% | +33.7% |
| 2022 | +35.5% | +34.4% | +18.0% |
| 2021 | +18.4% | +5.9% | +19.1% |
| 2020 | -20.5% | -25.1% | +7.6% |
| 2019 | -13.6% | -2.5% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Propane Gas Association Of Ne Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Propane Gas Association Of Ne Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $320K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's revenue and asset size, with no individual compensation exceeding $150,000 in recent filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Propane Gas Association Of Ne Inc:
- Consistent revenue generation over several years, indicating stable operations.
- High percentage of spending allocated to programs, demonstrating a focus on mission.
- Healthy asset growth, increasing from $837,765 in 2017 to $1,725,352 in 2023.
- Low liabilities relative to assets, suggesting good financial health.
Frequently Asked Questions about Propane Gas Association Of Ne Inc
Is Propane Gas Association Of Ne Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Propane Gas Association Of Ne Inc (EIN: 223048763) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Propane Gas Association Of Ne Inc spend its money?
Propane Gas Association Of Ne Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Propane Gas Association Of Ne Inc tax-deductible?
Propane Gas Association Of Ne Inc is registered as a tax-exempt nonprofit (EIN: 223048763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Propane Gas Association Of Ne Inc CEO make?
Propane Gas Association Of Ne Inc's highest-compensated officer earns $150,000 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Propane Gas Association Of Ne Inc's spending goes to programs?
Propane Gas Association Of Ne Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Propane Gas Association Of Ne Inc located?
Propane Gas Association Of Ne Inc is headquartered in Epsom, New Hampshire and files with the IRS under EIN 223048763.
How many years of IRS 990 filings does Propane Gas Association Of Ne Inc have?
Propane Gas Association Of Ne Inc 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 $3.0M in total revenue.
What does Propane Gas Association Of Ne Inc do?
Propane Gas Association Of Ne Inc is a nonprofit organization in the Unknown sector, located in Epsom, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Propane Gas Association Of Ne Inc have?
Propane Gas Association Of Ne Inc reported total revenue of $3,039,998. Based on 13 IRS 990 filings on record.
What are Propane Gas Association Of Ne Inc's total assets?
Propane Gas Association Of Ne Inc holds total assets of $1,953,225 as reported in IRS 990 filings.
Where is Propane Gas Association Of Ne Inc located?
Propane Gas Association Of Ne Inc is based in Epsom, New Hampshire.
What is Propane Gas Association Of Ne Inc's EIN?
Propane Gas Association Of Ne Inc's Employer Identification Number (EIN) is 223048763. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Propane Gas Association Of Ne Inc?
Propane Gas Association Of Ne Inc is classified under NTEE code Unknown (Unknown).
Is Propane Gas Association Of Ne Inc a registered 501(c)(3)?
Propane Gas Association Of Ne Inc appears in IRS records (EIN: 223048763). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Propane Gas Association Of Ne Inc file IRS Form 990?
Yes, Propane Gas Association Of Ne Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Propane Gas Association Of Ne Inc's revenue in 2023?
In the 202312 filing period, Propane Gas Association Of Ne Inc reported total revenue of $2,518,443, total expenses of $2,198,823, and net assets of $1,725,352.
Is Propane Gas Association Of Ne Inc's revenue growing or declining?
Propane Gas Association Of Ne Inc's revenue is relatively stable. Revenue went from $2,421,714 (202212) to $2,518,443 (202312), a +4.0% change. Based on 13 filings on record.
What is Propane Gas Association Of Ne Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Propane Gas Association Of Ne Inc covers tax period 202312. It shows revenue of $2,518,443, expenses of $2,198,823, total assets of $1,725,352, and liabilities of $153,455.
How much does Propane Gas Association Of Ne Inc spend on programs vs administration?
Based on IRS 990 analysis, Propane Gas Association Of Ne Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Propane Gas Association Of Ne Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Propane Gas Association Of Ne Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Propane Gas Association Of Ne Inc's strengths?
Positive indicators for Propane Gas Association Of Ne Inc include: Consistent revenue generation over several years, indicating stable operations.. High percentage of spending allocated to programs, demonstrating a focus on mission.. Healthy asset growth, increasing from $837,765 in 2017 to $1,725,352 in 2023.. Low liabilities relative to assets, suggesting good financial health.. These findings are derived from AI analysis of the organization's financial filings.
How does Propane Gas Association Of Ne Inc compensate executives?
Executive compensation appears reasonable given the organization's revenue and asset size, with no individual compensation exceeding $150,000 in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve consistent revenue growth despite fluctuations in the broader energy market?
The organization's revenue has shown a steady upward trend, increasing from $1,952,425 in 2017 to $2,518,443 in 2023, suggesting effective membership engagement and value proposition within the propane industry.
What specific programs or initiatives contribute to the high program spending percentage?
While the filings indicate a high program spending percentage, specific details on the nature of these programs (e.g., advocacy, training, safety initiatives) would require a deeper dive into their annual reports or website, as Form 990 provides only aggregated expense categories.
Filing History
IRS 990 filing history for Propane Gas Association Of Ne Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Propane Gas Association Of Ne Inc's revenue has grown by 124.2%, moving from $1.1M to $2.5M. Total assets increased by 187.9% over the same period, from $599K to $1.7M. Total functional expenses rose by 92%, from $1.1M to $2.2M. In its most recent filing year (2023), Propane Gas Association Of Ne Inc reported a surplus of $320K, with revenue exceeding expenses. The organization holds $153K in liabilities against $1.7M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.2M | $1.7M | $153K | — | — |
| 2022 | $2.4M | $2.1M | $1.3M | $81K | — | View 990 |
| 2021 | $1.8M | $1.6M | $1.1M | $87K | — | View 990 |
| 2020 | $1.5M | $1.5M | $918K | $125K | — | View 990 |
| 2019 | $1.9M | $2.0M | $853K | $95K | — | — |
| 2018 | $2.2M | $2.0M | $932K | $113K | — | View 990 |
| 2017 | $2.0M | $2.1M | $838K | $133K | — | View 990 |
| 2016 | $1.9M | $1.9M | $847K | $44K | — | View 990 |
| 2015 | $1.6M | $1.6M | $832K | $124K | — | View 990 |
| 2014 | $1.6M | $1.5M | $806K | $77K | — | View 990 |
| 2013 | $1.5M | $1.5M | $737K | $99K | — | View 990 |
| 2012 | $1.4M | $1.3M | $671K | $62K | — | View 990 |
| 2011 | $1.1M | $1.1M | $599K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.2M, and assets of $1.7M (revenue +4.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.1M, and assets of $1.3M (revenue +35.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $1.1M (revenue +18.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $918K (revenue -20.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.0M, and assets of $853K (revenue -13.6% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $932K (revenue +12.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.1M, and assets of $838K (revenue +0.2% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $847K (revenue +21.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $832K (revenue -2.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $806K (revenue +12.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $737K (revenue +4.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $671K (revenue +24.7% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $599K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Propane Gas Association Of Ne Inc:
Data Sources and Methodology
This transparency report for Propane Gas Association Of Ne Inc 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.