Virginia Propane Gas Association
Nonprofit profile at a glance
- EIN
- 237338255
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Richmond, VA, USA
- Phone
- 8047266015
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $292,785
- Expenses
- $275,297
- Assets
- $266,775
- Liabilities
- $50,100
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- TAYLOR SUTTON (PRESIDENT)
- JAMISON WALKER (PRESIDENT EL)
People named in this filing
- MEGHAN KULINSKI (PAST PRESIDE)
- TAYLOR SUTTON (PRESIDENT)
- JAMISON WALKER (PRESIDENT EL)
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
To promote and develop the propane gas industry within the commonwealth of Virginia and to coordinate its activities to the end that it may serve to the fullest possible extent the best interests of its members and the public.to advance to the highest efficiency the methods of manufacturing, distribution, utlization, sales and accounting employed with the propane gas industry and to collect, coordinate and disseminate ideas and informtion for this purpose. To represent governmental bureaus, agencies, and other bodies, matters of safety and interest to the public, members and the propane industry. To cooperate with the national propane gas association and to extend its functions and purpose to the local and state level and to cooperate with other associations and state and federal organizations in efforts toward accident prevention, conservation, standardization and other activities.
What it reported doing in 2024
To provide safety and education in the safe handling and utilization of propane and propane driven equipment and to educate members in the advance of methods of manufacturing, distribution, utilization and other pertinent market information.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 93
- Accountability: 88
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.6%; rating input score 87
- Program expense ratio: 92.1%; rating input score 92
- 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: 100%; rating input score 100; 63rd 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: -3.8% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 86.6% of revenue deployed · 92.1% of spending went to programs
- Governance: 16 of 16 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 14 filing years from 2010 to 2024
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.