Prime the Pump Fund FY2020 filing

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The organizations purpose is to facilitate the development of the infrastructure for retail and wholesale distribution of higher blends of a cleaner, renewable fuel to benefit the environment, economy, and energy security of the united states.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $708K a year · 1105% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
32 mo
of spending, in cash
Looks good: 32.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8K
Spent
$2.2M
To programs
82%
Net assets
$6.1M
By yearFY2020–FY2024
Revenue
$8K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$8K
FY2021$606
FY2022$20K
FY2023$145K
FY2024$146K
Expenses
$2.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$1.1M
FY2022$495K
FY2023$97K
FY2024$2K
Net assets
$6.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.1M
FY2021$5.0M
FY2022$4.6M
FY2023$4.6M
FY2024$4.8M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $1.8M Management & general 18% · $403K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
See Prime the Pump Fund executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds infrastructure for cleaner, renewable fuel distribution to benefit the environment and economy.

Questions for Prime the Pump Fund

Tap to ask. Prime the Pump Fund sees how many people are interested.

Your first name shows with your question. Prime the Pump Fund answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.8M · in their own filed words · FY2020
01

Improved market access and consumer acceptance of e15 gasoline and ethanol blend ("e15"), flex fuel pumps, flex fuel vehicles and mid-level ethanol blends, furthering ethanol's market penetration and providing U.S consumers with greater fuel choices.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $3.4M · 2020–2023
Individual RecipientFY2023$93,448
Individual RecipientFY2022$487,848
Individual RecipientFY2021$540,229
Kwik Trip INCFY2021$500,000
Kwik Trip INCFY2020$1,000,000
Individual RecipientFY2020$793,178

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$8K
Ln 12
Investment incomeLn 3$8K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.8M
Managementcol C$403K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$5.9M
Total assetsLn 16$6.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$8K
Total revenueLn 12$8K
Assets in detailPt X, end of year
CashLn 1$5.9M
Cash and savings togetherLn 1–2$5.9M
Total assetsLn 16$6.1M
LiabilitiesLn 26$0
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$7.5M$5.9M
Total assetsLn 16$9.2M$6.1M
LiabilitiesLn 26$902K$0
Net assetsLn 32$8.3M$6.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.8M$1.8M
Legal feesLn 11b$393K$393K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$160$160
Total functional expensesLn 25$2.2M$1.8M$403K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $146K$2K$144K$4.8M 990 PDF
FY2023 $145K$97K$48K$4.6M 990 PDF
FY2022 $20K$495K−$475K$4.6M 990 PDF
FY2021 $606$1.1M−$1.1M$5.0M 990 PDF
FY2020 Viewing $8K$2.2M−$2.2M$6.1M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $8,293 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,934,926$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $131,361$8,293
I-11 Other revenue$0
I-12 Total revenuePrior year $8,066,287$8,293
I-13 Grants and similar amounts paidPrior year $9,552,636$1,793,178
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,384,514$403,483
I-18 Total expensesPrior year $11,937,150$2,196,661
I-19 Revenue less expensesPrior year −$3,870,863−$2,188,368
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $8,293 across 2 lines filed
VIII-3 Investment incomeRelated to mission $8,293$8,293
VIII-12 Total revenueRelated to mission $8,293$8,293
Part IX · Statement of functional expenses $2,196,661 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $1,793,178$1,793,178
IX-11b Legal feesManagement $392,608$392,608
IX-11c Accounting feesManagement $10,715$10,715
IX-11g Other fees for servicesPrograms $160$160
IX-25 Total functional expensesPrograms $1,793,338 · Management $403,323 · Fundraising $0$2,196,661
Part X · Balance sheet $6,115,056 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $7,522,968$5,865,056
X-3 Pledges and grants receivableStart of year $425,000$250,000
X-16 Total assetsStart of year $9,205,736$6,115,056
X-26 Total liabilitiesStart of year $902,312$0
X-27 Net assets without donor restrictionsStart of year $8,303,424$6,115,056
X-32 Total net assets or fund balancesStart of year $8,303,424$6,115,056
X-33 Total liabilities and net assetsStart of year $9,205,736$6,115,056
Part XI · Reconciliation of net assets $6,115,056 net assets at year end
XI-1 Total revenue$8,293
XI-2 Total expenses$2,196,661
XI-3 Revenue less expenses−$2,188,368
XI-4 Net assets at start of year$8,303,424
XI-10 Net assets at end of year$6,115,056

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.