West Virginia Propane Research & Education Foundation is a 501(c)(6) organization based in Charleston, West Virginia, registered in 2000, with $46,871 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$47K
▲ 1.9% vs prior year
Community median: $184K
Expenses (FY2023)
$37K
Net assets
$12K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for West Virginia Propane Research & Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For West Virginia Propane Research & Education Foundation: 4 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for West Virginia Propane Research & Education Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For West Virginia Propane Research & Education Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue held steady from $46K (FY2020) to $47K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
21.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14K
Total liabilities
$2,557
Net assets
$12K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $46,871▲1.9% | $36,769▼19.7% | $11,748▲614% | $14,305▲769% | 990EZ |
| 2022 | $46,003▲15.0% | $45,773▲14.2% | $1,646▲16.2% | $1,646▲16.2% | 990EZ |
| 2021 | $40,006▼13.1% | $40,070▼12.9% | $1,416▼13.1% | $1,416▼13.1% | 990EZ |
| 2020 | $46,039 | $46,025 | $1,630 | $1,630 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for West Virginia Propane Research & Education Foundation (EIN 55-0768103) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.