PENNSYLVANIA PETROLEUM ASSOCIATION INC (EIN 231282564) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

TED HARRIS

Phone

7179391781

Tax Period

2024-01-01 to 2024-12-31

PENNSYLVANIA PETROLEUM ASSOCIATION INC, founded in 1946, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 12% surplus.

Mission

TRADE ASSOCIATION REPRESENTING INDEPENDENT PETROLEUM MARKETERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $488,589

Program Service Revenue $2,093,950

Investment Income $390,648

Other Revenue $72,244

TOTAL REVENUE $3,045,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $857,136

Fundraising Expenses $0

Other Expenses $1,812,799

TOTAL EXPENSES $2,669,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,045,431	$2,395,527	+0.3%
Expenses	$2,669,935	$2,241,799	+0.2%
Net Income	$375,496	$153,728	+1.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$250,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE W SPIRIDONOFF	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVE OEHLERT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JIM BARBER	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL MCCARTHY	PAST PRESIDENT & EMA DIREC	2.00	Officer Director	$0	$0	$0
ANDY BRADIGAN	DIRECTOR	2.00	Director	$0	$0	$0
JASON FLOHR	DIRECTOR	2.00	Director	$0	$0	$0
MIKE HINDS	DIRECTOR	2.00	Director	$0	$0	$0
RON KUKUCHKA	DIRECTOR	2.00	Director	$0	$0	$0
JESSE MCNEELY	DIRECTOR	2.00	Director	$0	$0	$0
STEVE OHL	DIRECTOR	2.00	Director	$0	$0	$0
GUY PIPOLO	DIRECTOR	2.00	Director	$0	$0	$0
KEITH POWELL	DIRECTOR	2.00	Director	$0	$0	$0
TIM REDSHAW	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS STUDEBAKER	DIRECTOR	2.00	Director	$0	$0	$0
PAT TAYLOR	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS WALTON	DIRECTOR	2.00	Director	$0	$0	$0
TED HARRIS	EXECUTIVE VICE PRESIDENT	40.00	Officer	$215,035	$35,833	$250,868

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	$3,045,431	$2,669,935	$5,985,317	$375,496
2023	$2,395,527	$2,241,799	$4,542,184	$153,728
2022	$2,160,237	$1,890,588	$4,049,478	$269,649
2021	$1,812,041	$1,753,498	$4,020,377	$58,543
2020	$1,359,597	$1,307,128	$3,703,436	$52,469
2019	$1,756,262	$1,846,264	$3,245,085	$-90,002
2018	$1,772,165	$2,040,084	$3,106,980	$-267,919

PENNSYLVANIA PETROLEUM ASSOCIATION INC