Southeast Propane Alliance Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

17 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To promote, protect and encourage the growth of the lp-gas industry in the southeast.

To encourage, promote, and develop the propane gas industry through educational seminars, an annual convention, and related activities.

Revenue model: Other-operating. 71% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
Total-asset coverage ratio: 1.05; rating input score 44; 44th percentile among comparable filings
Liabilities to assets ratio: 0.15; rating input score 37; 37th percentile among comparable filings
Officer compensation ratio: 14.3%; rating input score 24; 24th percentile among comparable filings

Program expense growth: Limited
Revenue growth: -41.2% per year; rating input score 0; 1st percentile among comparable filings
Asset growth: 1.2% per year; rating input score 100; 22nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $208K · 17 people listed · 0 of 6 pay-setting controls reported
Consistency: 16 of 16 current checks pass
Schedules: 7 filed schedules · includes grants and executive pay
Filing history: 3 filing years from 2022 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: 4 filed related-organization links
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.

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

High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Growth: Revenue growth scored 0/100.
Moderate — Sustainability: Operating margin scored 46/100.
Review — Accountability: Governance controls: Document-retention policy not reported.
Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
High — Sustainability: Officer compensation ratio scored 24/100.
Moderate — Sustainability: Liabilities to assets ratio scored 37/100.