Arkansas Propane Education And Research Council Inc in Lincoln, Arkansas (AR)

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Arkansas Propane Education And Research Council Inc
Employer Identification Number (EIN)710842921
Name of OrganizationArkansas Propane Education And Research Council Inc
AddressPO BOX 10, Lincoln, AR 72744-0010
SubsectionBusiness League
Ruling Date01/2002
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$70,006
Amount of Income$93,762
Form 990 Revenue Amount$93,762
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2014: $93,762 (it was $95,163 in 2013)
Arkansas Propane Education And Research Council Inc: 

 $93,762
Other organizations performing similar types of work: 

 $88,861

Assets in 2014: $70,006 (it was $59,318 in 2013)
This organization: 

 $70,006
Other organizations performing similar types of work: 

 $51,691

Expenses in 2013: $97,137
This organization: 

 $97,137
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2013: 99.8%
Arkansas Propane Education And Research Council Inc: 

 99.8%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$130,295$80,172$95,163
Contributions, gifts, grants, and similar amounts received$130,000$80,001$95,000
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$295$171$163
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$127,402$124,268$97,137
Total net assets$105,388$61,292$59,318
Excess/Deficit for the year$2,893$-44,096$-1,974
Net assets or fund balances at beginning of year$102,495$105,388$61,292
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$61,292$59,318
Balance Sheets
201120122013
Total assets$105,388$61,292$59,318
Total liabilities$0$0$0
Net assets or fund balances$105,388$61,292$59,318
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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8Corning Economic Development CorporationP O Box 813, Corning, AR 72422AR2011-09$89,188
9Arkansas Medical Group Management Association2504 Alexander Dr 345, Jonesboro, AR 72401-7175AR2011-06$88,896
10Arkansas Water Well Contractors Assoc245 Mc 7001, Flippen, AR 72634AR2011-11$88,462
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14Conway County Liquor Association3 Carl Hoelzeman Ln, Morrilton, AR 72110-8952AR2010-04$55,511
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17Twin Lakes Economic Development CorporationPO BOX 1378, Mountain Home, AR 72654-1378AR2000-01$36,245
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Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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