NE PROPANE FOUNDATION INC (EIN 202404293) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

STEPHEN ROSENTEL

Phone

8884451075

Tax Period

2023-01-01 to 2023-12-31

NE PROPANE FOUNDATION INC, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum.

Mission

TO DEVELOP PROGRAMS AND PROJECTS TO ENHANCE CONSUMER AND EMPLOYEE SAFETY (SEE SCHEDULE O) AND TRAINING. TO PROVIDE FOR RESEARCH AND DEVELOPMENT OF CLEAN AND EFFICIENT PROPANE UTILIZATION EQUIPMENT. TO INFORM AND EDUCATE THE PUBLIC ABOUT SAFETY AND OTHER ISSUES ASSOCIATED WITH THE USE OF PROPANE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,162,288

Investment Income $384

Other Revenue $0

TOTAL REVENUE $1,162,672

Expense Breakdown

Grants Paid $1,114,466

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,114,466

Other Expenses $47,833

TOTAL EXPENSES $1,162,299

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,162,672	$696,684	+0.7%
Expenses	$1,162,299	$696,372	+0.7%
Net Income	$373	$312	+0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ROSENTEL	CHAIR	0.25	Officer Director	$0	$0	$0
JESSICA BLANCHARD	DIRECTOR	0.25	Director	$0	$0	$0
JEFF HENDERSON	DIRECTOR	0.25	Director	$0	$0	$0
BILL ERMER	DIRECTOR	0.25	Director	$0	$0	$0
BILL MASSEY	DIRECTOR	0.25	Director	$0	$0	$0
SCOTT GAUDET	TREASURER	0.25	Officer Director	$0	$0	$0
BILL CUMMINGS	DIRECTOR	0.25	Director	$0	$0	$0
BECKY NEWSOME	DIRECTOR	0.25	Director	$0	$0	$0
NICHOLAS JOHNSON	DIRECTOR	0.25	Director	$0	$0	$0
JOHN MAZEIKA	DIRECTOR	0.25	Director	$0	$0	$0
JOYCE DONNELL	DIRECTOR	0.25	Director	$0	$0	$0
VICTOR SPERRAZZA	DIRECTOR	0.25	Director	$0	$0	$0
JUDY TARANOVICH	DIRECTOR	0.25	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,162,672	$1,162,299	$1,055,012	$373
2022	$696,684	$696,372	$806,403	$312
2021	$499,341	$499,117	$695,681	$224
2020	$641,222	$640,314	$372,014	$908
2019	$564,322	$563,086	$378,050	$1,236
2018	$817,007	$815,446	$601,917	$1,561

NE PROPANE FOUNDATION INC