PROPANE GAS ASSOCIATION OF NEBRASKA

EIN: 470433322

LINCOLN, NE

Total Revenue
$333,644
Total Expenses
$197,976
Total Assets
$940,389
Net Assets
$933,040
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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
1947
Legal Domicile
NE
Principal Officer
LYNNE MCNALLY
Phone
4024753996
Tax Period
2024-01-01 to 2024-12-31

PROPANE GAS ASSOCIATION OF NEBRASKA, founded in 1947, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $136K, a strong 41% operating margin.

Mission

PROMOTE PROPANE INDUSTRY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $85,542
Program Service Revenue $125,446
Investment Income $122,656
Other Revenue $0
TOTAL REVENUE $333,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,367
Fundraising Expenses $0
Program Expenses $197,976
Other Expenses $97,090
TOTAL EXPENSES $197,976

Year-over-Year Comparison

2024 2023 Change
Revenue $333,644 $245,182 +0.4%
Expenses $197,976 $177,788 +0.1%
Net Income $135,668 $67,394 +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

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Governance

Voting Members
15
Independent Members
15
Employees
1
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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY BIRCHEM TREASURER N/A
Officer Director
$0 $0 $0
KEN CALDWELL DIRECTOR N/A
Director
$0 $0 $0
DAN CHUDOMELKA DIRECTOR N/A
Director
$0 $0 $0
DAVID DODSON DIRECTOR N/A
Director
$0 $0 $0
CARRIE ENGEL DIRECTOR N/A
Director
$0 $0 $0
DALLAS ENGEL VICE PRESIDE N/A
Officer Director
$0 $0 $0
JEFF INGALLS DIRECTOR N/A
Director
$0 $0 $0
VIRGIL JOBMAN PRESIDENT N/A
Officer Director
$0 $0 $0
NEAL KANEL DIRECTOR N/A
Director
$0 $0 $0
JEFF LEINGANG DIRECTOR N/A
Director
$0 $0 $0
JIM PATTERSON DIRECTOR N/A
Director
$0 $0 $0
DAWN POCHOP DIRECTOR N/A
Director
$0 $0 $0
PHIL ROWSE DIRECTOR N/A
Director
$0 $0 $0
KEITH VOLKER DIRECTOR N/A
Director
$0 $0 $0
TAMMIE WINTERS SECRETARY N/A
Officer Director
$0 $0 $0
LYNNE MCNALLY 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
2024 $333,644 $197,976 $940,389 $135,668
2023 $245,182 $177,788 $786,908 $67,394
2022 $175,019 $189,062 $677,087 $-14,043
2021 $309,118 $183,153 $761,105 $125,965
2020 $169,283 $183,165 $634,879 $-13,882
2019 $209,584 $213,573 $609,153 $-3,989
2018 $228,747 $207,670 $588,624 $21,077
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