New Jersey Propane Education and Research Foundation

Nonprofit profile at a glance

EIN
223671484
IRS 990 coverage
2020–2023
Forms available
Form 990 2023
Location
Harrisburg, PA, USA
Phone
7172362050
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Engineering and Technology

Reported finances

Revenue
$89,963
Expenses
$92,190
Assets
$3,263
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CHRIS CAMERON (PRESIDENT)

People named in this filing

  • DENIS MAGERR (TRUSTEE)
  • CHRIS MOHLER (TRUSTEE)
  • CHRIS WOLFE (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Njperf was formed as a result of the establishment of the national propane education research council (perc) as the entity to receive New Jersey state funds. Its purposes are to establish and facilitate programs to enhance safety, training, research and development, and safety education in the propane industry for the benefit of propane consumers and the public, and for lawful purposes.

What it reported doing in 2023

Njperf media relations campaign - this campaign will raise awareness of the nj energy master plan and its negative impacts on propane consumers. This will be done by identifying case studies and comparisons among electricity, propane, coal, and other fossil fuels. This project is considered beneficial in the way njperf educates nj consumers on the choice and benefits of propane. The campaign messaging will be limited to consumer education and safety, and no funds will be used to support lobbying activities or initiatives.

Operating model

Revenue model
Grant-funded. 100% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 43
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.3%; rating input score 45
  • Program expense ratio: 44.2%; rating input score 44
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2.5%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 0.04; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: -87.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 45.3% of revenue deployed · 44.2% of spending went to programs
  • Governance: 16 of 16 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $41K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 44/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.