Civic Intelligence

Nebraska Propane Education

990 • Fiscal year 2023 • EIN 47-0815380

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

301 South 12th Street Suite 140Lincoln, NE 68508

(402) 475-3996

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.07x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

69th percentile

0.06x

Higher debt load relative to revenue than 69% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-43%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

8th percentile

-44%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-70%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$187,687

Down $149,867 (-44%) from 2022

Net Assets

Down

$174,670

Down $102,874 (-37%) from 2022

Liabilities

Down

$13,017

Down $46,993 (-78%) from 2022

Revenue

Down

$233,245

Down $540,642 (-70%) from 2022

Expenses

Down

$333,981

Down $13,739 (-4.0%) from 2022

Net Income

Down

-$100,736

Down $526,903 (-124%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $317,983Liabilities 2010: $2,194Net Assets 2010: $315,7892010Assets 2011: $352,819Liabilities 2011: $91,000Net Assets 2011: $261,8192011Assets 2012: $407,518Liabilities 2012: $84,041Net Assets 2012: $323,4772012Assets 2013: $321,424Liabilities 2013: $61,592Net Assets 2013: $259,8322013Assets 2014: $262,212Liabilities 2014: $82,801Net Assets 2014: $179,4112014Assets 2015: $179,943Liabilities 2015: $131,596Net Assets 2015: $48,3472015Assets 2016: $93,082Liabilities 2016: $188,779Net Assets 2016: -$95,6972016Assets 2017: $82,322Liabilities 2017: $259,911Net Assets 2017: -$177,5892017Assets 2018: $112,158Liabilities 2018: $163,138Net Assets 2018: -$50,9802018Assets 2019: $74,608Liabilities 2019: $81,957Net Assets 2019: -$7,3492019Assets 2020: $71,111Liabilities 2020: $127,119Net Assets 2020: -$56,0082020Assets 2021: $80,057Liabilities 2021: $226,542Net Assets 2021: -$146,4852021Assets 2022: $337,554Liabilities 2022: $60,010Net Assets 2022: $277,5442022Assets 2023: $187,687Liabilities 2023: $13,017Net Assets 2023: $174,6702023Assets 2024: $81,019Liabilities 2024: $66,006Net Assets 2024: $15,0132024

Highlighted filing

2023

Assets$187,687
Liabilities$13,017
Net Assets$174,670

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $296,8532010Expenses 2011: $280,0712011Expenses 2012: $279,0942012Revenue 2013: $398,833Expenses 2013: $462,478Net Income 2013: -$63,6452013Revenue 2014: $273,571Expenses 2014: $353,992Net Income 2014: -$80,4212014Revenue 2015: $241,565Expenses 2015: $372,629Net Income 2015: -$131,0642015Revenue 2016: $220,710Expenses 2016: $364,754Net Income 2016: -$144,0442016Revenue 2017: $260,118Expenses 2017: $340,560Net Income 2017: -$80,4422017Revenue 2018: $351,377Expenses 2018: $358,481Net Income 2018: -$7,1042018Revenue 2019: $380,167Expenses 2019: $336,536Net Income 2019: $43,6312019Revenue 2020: $249,474Expenses 2020: $298,133Net Income 2020: -$48,6592020Revenue 2021: $233,295Expenses 2021: $323,772Net Income 2021: -$90,4772021Revenue 2022: $773,887Expenses 2022: $347,720Net Income 2022: $426,1672022Revenue 2023: $233,245Expenses 2023: $333,981Net Income 2023: -$100,7362023Revenue 2024: $217,567Expenses 2024: $368,390Net Income 2024: -$150,8232024

Highlighted filing

2023

Revenue$233,245
Expenses$333,981
Net Income-$100,736
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$233,245
Mission and Program Overview

Mission

To provide education and safety programs in the propane gas industry.

To provide education and safety programs in the propane gas industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$271,635$123,906▼ $147,729
Land, Buildings, and Equipment, Net$65,919$63,781▼ $2,138
Total Assets$337,554$187,687▼ $149,867
Liabilities
Accounts Payable and Accrued Expenses$60,010$13,017▼ $46,993
Total Liabilities$60,010$13,017▼ $46,993
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$277,544$174,670▼ $102,874
Total Net Assets Fund Balance$277,544$174,670▼ $102,874
Total Liabilities and Net Assets / Fund Balance$337,554$187,687▼ $149,867

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$63,781$19,602$83,383
Other Land Buildings-$8,595$8,595
Compensation and Service Providers

Board Members and Trustees

NameTitle
Neal KanelChairman
Carrie EngelDirector
Drew NelsonDirector
Jeff IngallsDirector
MARK O'DONNELDirector
Marni DanhauerDirector
Phil RowseDirector
Lynne McnallyExecutive Di
Roger KreifelsSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,673
Program Service Revenue
$231,391
Investment Income
$181
Other Revenue
$0
All Other Contributions
$1,673
Change in Net Assets
$-100,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$9,614
All Other Expenses---$2,681
Total Functional Expenses$0$0$0$333,981
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

New members to the board are approved by the board of directors.

Form 990, Page 6, Part VI, Line 11B

Executive director reviews from 990 with cpa prior to filing.

Form 990, Page 6, Part VI, Line 12C

Annual review and inquiry conducted by the executive director.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nebraska Propane Education
EIN
47-0815380
Phone
4024753996
Address
301 SOUTH 12TH STREET SUITE 140, LINCOLN, NE 68508

Signing Officer

Name
Lynne Mcnally
Title
Executive Director
Phone
4024753996
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Mcnally
Formed
1998
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Dana F Cole & Company Llp
Address
1248 O ST STE 500, LINCOLN, NE 68508-1424
Preparer
Thomas M Obrist
Phone
4024799300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference -2,138

Financial Statement Notes

Schedule D, Page 3, Part X

The organization utilizes the provisions of fasb asc 740-10, "accounting for uncertain tax positions."the organization continually evaluates expiring statutes of limitations, audits, proposed settlements, change in tax law and new authoritative rulings, the organization believes that it has appropriate support for any tax positions taken, and as such, does not have uncertain tax positions that would be material to the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04024753996
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEBRASKA PROPANE EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AND RESEARCH COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0NEBR
ReturnHeader/Filer/EIN0470815380
ReturnHeader/Filer/PhoneNum04024753996
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 SOUTH 12TH STREET SUITE 140
ReturnHeader/Filer/USAddress/CityNm0LINCOLN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068508
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470526649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANA F COLE & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01248 O ST STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0685081424
ReturnHeader/PreparerPersonGrp/PhoneNum04024799300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS M OBRIST
ReturnHeader/ReturnTs02024-11-15T16:47:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.66$0.15$2.18$3.68$1.51
2023Detailed filing. Detailed filing data is available for this year.$1.88$0.13$1.75$2.33$3.34$1.01
2022Detailed filing. Detailed filing data is available for this year.$3.38$0.60$2.78$7.74$3.48$4.26
2021Detailed filing. Detailed filing data is available for this year.$0.80$2.27$1.46$2.33$3.24$0.90
2020Detailed filing. Detailed filing data is available for this year.$0.71$1.27$0.56$2.49$2.98$0.49
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.82$0.07$3.80$3.37$0.44
2018Detailed filing. Detailed filing data is available for this year.$1.12$1.63$0.51$3.51$3.58$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.82$2.60$1.78$2.60$3.41$0.80
2016Detailed filing. Detailed filing data is available for this year.$0.93$1.89$0.96$2.21$3.65$1.44
2015Detailed filing. Detailed filing data is available for this year.$1.80$1.32$0.48$2.42$3.73$1.31
2014Detailed filing. Detailed filing data is available for this year.$2.62$0.83$1.79$2.74$3.54$0.80
2013Detailed filing. Detailed filing data is available for this year.$3.21$0.62$2.60$3.99$4.62$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.84$3.23$2.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.91$2.62$2.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.02$3.16$2.97