The Global LPG Partnership Inc
Nonprofit profile at a glance
- EIN
- 472731149
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Rye Brook, NY, USA
- Phone
- 3475375633
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Energy Resources Conservation and Development
Reported finances
- Revenue
- $111,010
- Expenses
- $247,315
- Assets
- $103,077
- Liabilities
- $587,051
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- Kimball C Chen (Chairman)
- Jesse Ausubel (Member)
- Tanneke Heersche (Member)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Global LPG Partnership assists developing countries to plan, finance and implement national-scale availability and use of liquified petroleum gas to help prevent the 4 million annual deaths, severe forest loss, and vast impact on women's and children's labor time caused by societal dependence on solid fuels for cooking.
What it reported doing in 2024
GLPGP designs, assists financing of and implements large-scale sustainable transitions to clean household fuel to replace dependence on solid-fuel, particularly in Sub-Saharan Africa.On June 1, 2021, GLPGP, with its sister organization, BioLPG LLC, each signed a License Agreement with the Gas Technology Institute (now doing business as GTI Energy) to commercialize the development of BioLPG using its Cool LPG technology and to raise significant funding for its R&D. Substantial funds were raised and technology progress has been made. In 2024, GLPGP was in discussions with the African Retailers and Distributors Association (ARDA) to develop a $1 billion fund to further the use of LPG in Africa. In 2024, GLPGP signed a contract to develop a national LPG master plan and a 10-year investment forecast for the government of Mozambique. The project work is expected to conclude in early 2026.
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 93
- Accountability: 80
- Sustainability: 15
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 60%; rating input score 60
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 20th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -122.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 5.7; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -9.6% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -11.9% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -9.8% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 60% of spending went to programs
- Governance: 3 of 4 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $148K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.