LAKE REGION ELECTRIC COOPERATIVE FOUNDATION INC (EIN 113793478) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

HAMID VAHDATIPOUR

Phone

9187722526

Tax Period

2024-01-01 to 2024-12-31

LAKE REGION ELECTRIC COOPERATIVE FOUNDATION INC, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $85K in total revenue in fiscal year 2024. The organization ran a surplus of $14K, a strong 16% operating margin.

Mission

DISTRIBUTION OF CHARITABLE DONATIONS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,487

Program Service Revenue $0

Investment Income $6,141

Other Revenue $0

TOTAL REVENUE $84,628

Expense Breakdown

Grants Paid $71,042

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,042

Other Expenses $0

TOTAL EXPENSES $71,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,628	$83,766	+0.0%
Expenses	$71,042	$65,213	+0.1%
Net Income	$13,586	$18,553	-0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIMMY HALL	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDY CAMPBELL	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ELAINE HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ROGERS	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
TOMMY MULLINS	DIRECTOR	1.00	Director	$0	$0	$0
LYNDA COOK	DIRECTOR	1.00	Director	$0	$0	$0
KAREN GREEN	DIRECTOR	1.00	Director	$0	$0	$0
DANA TANNEHILL	DIRECTOR	1.00	Director	$0	$0	$0
PAULA TEMPLETON	DIRECTOR	1.00	Director	$0	$0	$0
TRACY HALPAIN	DIRECTOR	1.00	Director	$0	$0	$0
HAMID VAHDATIPOUR	PRINCIPAL OF	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$84,628	$71,042	$308,944	$13,586
2023	$83,766	$65,213	$295,218	$18,553
2022	$85,500	$81,216	$285,565	$4,284
2021	$85,497	$67,792	$263,521	$17,705
2020	$86,650	$45,714	$254,381	$40,936
2019	$87,584	$81,766	$204,880	$5,818
2018	$89,340	$94,837	$227,452	$-5,497

LAKE REGION ELECTRIC COOPERATIVE FOUNDATION INC