Nevada Propane Education And Research Foundation is located in Reno, NV. The organization was established in 2016. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Propane Education And Research Foundation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Nevada Propane Education And Research Foundation generated $53.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $53.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE PROPANE SAFETY EDUCATION AND UTILIZATION EDUCATION TO INDIVIDUALS INVOLVED IN ALL ASPECTS OF THE PROPANE INDUSTRY. TO MAINTAIN A PROPANE REBATE PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rudy Forster President | 0 | $0 | |
Mike Eriksen Secretary | 0 | $0 | |
Eric Smith Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $53,242 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,242 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $23,437 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $29,803 |
Total expenses | $53,240 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,145 |
Other assets | $0 |
Total assets | $48,039 |
Total liabilities | $31,922 |
Net assets or fund balances | $16,117 |