NORTH DAKOTA PROPANE GAS FOUNDATION (EIN 450451657) - 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

MIKE RUD

Phone

7012233370

Tax Period

2024-01-01 to 2024-12-31

NORTH DAKOTA PROPANE GAS FOUNDATION, founded in 1998, is a small nonprofit in the Education sector that reported $139K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $133K left a modest 4% surplus.

Mission

TO PROMOTE THE SAFE AND EFFICIENT USE AND HANDLING OF PROPANE GAS.

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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 $0

Program Service Revenue $138,387

Investment Income $143

Other Revenue $0

TOTAL REVENUE $138,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,841

Other Expenses $132,841

TOTAL EXPENSES $132,841

Year-over-Year Comparison

	2024	2023	Change
Revenue	$138,530	$119,271	+0.2%
Expenses	$132,841	$108,754	+0.2%
Net Income	$5,689	$10,517	-0.5%

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

N/A

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
PAUL MUTCH	SECRETARY/TR	N/A	Officer	$0	$0	$0
STEPHEN RONNING	IMMEDIATE PA	N/A	Officer	$0	$0	$0
GUS RUD	VICE PRESIDE	N/A	Officer	$0	$0	$0
MIKE RUD	EXECUTIVE DI	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$138,530	$132,841	$66,419	$5,689
2023	$119,271	$108,754	$60,730	$10,517
2022	$111,766	$140,247	$50,213	$-28,481
2021	$129,465	$154,700	$78,694	$-25,235
2020	$158,807	$110,845	$103,929	$47,962
2019	$105,618	$133,733	$55,967	$-28,115
2018	$93,233	$84,874	$84,082	$8,359

NORTH DAKOTA PROPANE GAS FOUNDATION