IOWA PROPANE EDUCATION AND RESEARCH COUNCIL (EIN 421479879) - 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

1998

Legal Domicile

Principal Officer

ERIC CARLSON

Phone

5155641260

Tax Period

2024-01-01 to 2024-12-31

IOWA PROPANE EDUCATION AND RESEARCH COUNCIL, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $912K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION PROMOTES PROPANE SAFETY EDUCATION AND SAFETY RESEARCH.

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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 $595,797

Program Service Revenue $307,465

Investment Income $9,122

Other Revenue $0

TOTAL REVENUE $912,384

Expense Breakdown

Grants Paid $63,217

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $844,957

TOTAL EXPENSES $908,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$912,384	$1,180,574	-0.2%
Expenses	$908,174	$1,021,404	-0.1%
Net Income	$4,210	$159,170	-1.0%

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

$95,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE WICKER	CEO	12.00	Officer	$0	$14,329	$95,108
SARAH KNIGHT	DIRECTOR	0.30	Director	$0	$0	$0
JUSTIN VENTEICHER	DIRECTOR	0.30	Director	$0	$0	$0
KELSIE WATKINSON	DIRECTOR	0.30	Director	$0	$0	$0
LORIE M EASTER	DIRECTOR	0.30	Director	$0	$0	$0
DAVID HENRY	DIRECTOR	0.30	Director	$0	$0	$0
ERIC CARLSON	CHAIRMAN	0.50	Officer Director	$0	$0	$0
LUCAS PLOEN	VICE CHAIRPE	0.30	Officer Director	$0	$0	$0
SANDRA DAILY	TREASURER	1.00	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	$912,384	$908,174	$505,539	$4,210
2023	$1,180,574	$1,021,404	$501,329	$159,170
2022	$715,522	$929,093	$342,159	$-213,571
2021	$983,638	$881,623	$555,730	$102,015
2020	$717,769	$835,480	$453,715	$-117,711
2019	$885,050	$917,390	$571,426	$-32,340
2018	$967,096	$768,795	$603,766	$198,301

IOWA PROPANE EDUCATION AND RESEARCH COUNCIL