MIPERC (EIN 815318216) - 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

2017

Legal Domicile

Principal Officer

Gerad Himebaugh

Phone

5174857711

Tax Period

2024-01-01 to 2024-12-31

MIPERC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $972K in total revenue in fiscal year 2024. Expenses of $887K left a modest 9% surplus.

Mission

Promote Safe and Efficient Use of Propane Gas and Alternative Fuels Through Consumer and Employee Education and Technology Development

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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 $969,345

Investment Income $3,053

Other Revenue $0

TOTAL REVENUE $972,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $874,990

Other Expenses $887,168

TOTAL EXPENSES $887,168

Year-over-Year Comparison

	2024	2023	Change
Revenue	$972,398	$981,064	0.0%
Expenses	$887,168	$990,761	-0.1%
Net Income	$85,230	$-9,697	-9.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Derek E Dalling	Executive Director	2.00	Director	$0	$0	$0
David Lowe	Director	1.00	Director	$0	$0	$0
Scott Underwood	Director	1.00	Director	$0	$0	$0
Randy Halstead	Director	1.00	Director	$0	$0	$0
Gerad Himebaugh	President	2.00	Officer	$0	$0	$0
Aaron Huizenga	Vice President	2.00	Officer	$0	$0	$0
Jerry Belknap	Secretary Treasurer	2.00	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	$972,398	$887,168	$279,718	$85,230
2023	$981,064	$990,761	$194,488	$-9,697
2022	$798,389	$792,237	$204,185	$6,152
2021	$728,521	$645,530	$198,033	$82,991
2020	$556,584	$523,989	$115,042	$32,595

MIPERC