IOWA PROPANE GAS ASSOCIATION (EIN 363059484) - 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

1987

Legal Domicile

Principal Officer

MICHELLE WICKER

Phone

5155641260

Tax Period

2024-01-01 to 2024-12-31

IOWA PROPANE GAS ASSOCIATION, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $632K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $544K left a modest 14% surplus.

Mission

IOWA PROPANE GAS ASSOCIATION SERVES DEALERS, SUPPLIERS, CONSUMERS AND BUILDERS BY PROMOTING THE GROWTH OF THE PROPANE GAS INDUSTRY AND THE MANY BENEFITS OF PROPANE AS A SUPERIOR ENERGY SOURCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $63,217

Program Service Revenue $295,557

Investment Income $29,344

Other Revenue $243,694

TOTAL REVENUE $631,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,573

Fundraising Expenses $0

Other Expenses $373,308

TOTAL EXPENSES $543,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$631,812	$718,039	-0.1%
Expenses	$543,881	$635,161	-0.1%
Net Income	$87,931	$82,878	+0.1%

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

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

$95,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE WICKER	CEO	28.00	Officer	$80,779	$14,329	$95,108
JOE MERNKA	DIRECTOR	0.30	Director	$0	$0	$0
RAY COLLINS	DIRECTOR	0.30	Director	$0	$0	$0
JAMES GREER	DIRECTOR	0.30	Director	$0	$0	$0
BILL KAJEWSKI	DIRECTOR	0.30	Director	$0	$0	$0
TODD MEYER	DIRECTOR	0.30	Director	$0	$0	$0
MARCUS KOFOOT	DIRECTOR	0.30	Director	$0	$0	$0
KRISTA MEYER	DIRECTOR	0.30	Director	$0	$0	$0
ERIC MCDONALD	DIRECTOR	0.30	Director	$0	$0	$0
SCOTT VREEMAN	DIRECTOR	0.30	Director	$0	$0	$0
CALLIN CUMMINGS	DIRECTOR	0.30	Director	$0	$0	$0
MATT LITWILLER	DIRECTOR	0.30	Director	$0	$0	$0
LONNIE BURKHOW	DIRECTOR	0.30	Director	$0	$0	$0
LENNY FRITZ	DIRECTOR	0.30	Director	$0	$0	$0
JORDAN ALM	DIRECTOR	0.30	Director	$0	$0	$0
DOUG DALL	PRESIDENT	0.50	Officer Director	$0	$0	$0
KANE KUEHL	VICE PRESIDE	0.30	Officer Director	$0	$0	$0
GREG HOWARD	SECRETARY/TR	0.50	Officer Director	$0	$0	$0
TERRY DAVIS	STATE DIRECT	0.50	Officer Director	$0	$0	$0
DOUG DICK	IMM. PAST PR	0.50	Officer 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	$631,812	$543,881	$1,356,306	$87,931
2023	$718,039	$635,161	$1,139,506	$82,878
2022	$685,012	$720,661	$1,083,100	$-35,649
2021	$676,301	$639,659	$1,261,748	$36,642
2020	$582,004	$623,970	$1,222,251	$-41,966
2019	$655,891	$641,620	$1,158,009	$14,271
2018	$660,269	$646,415	$1,170,229	$13,854

IOWA PROPANE GAS ASSOCIATION