GULF POWER TRANSFORMERS INC

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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

2004

Legal Domicile

Principal Officer

ALEA WILLIAMS

Phone

8504446358

Tax Period

2019-01-01 to 2019-12-31

GULF POWER TRANSFORMERS INC, founded in 2004, is a micro nonprofit that reported $83K in total revenue in fiscal year 2019. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $150K exceeded revenue, resulting in a 81% operating deficit.

Mission

THE MISSION OF THE TRANSFORMERS IS TO TRANSFORM THE COMMUNITIES WHERE WE LIVE AND WORK BY COMBINING THE SPIRIT AND WILLINGNESS OF GULF POWER EMPLOYEES AND THEIR FAMILIES WITH THE POWER OF A 501(C)(3) TAX EXEMPT ORGANIZATION.

Program Service Accomplishments

Program 1

Expenses: $149,615

BUILDING STRONGER COMMUNITIES THROUGH VOLUNTEERING IN THE COMMUNITY AND CHARITABLE FUNDRAISING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $33,382

Program Service Revenue $0

Investment Income $139

Other Revenue $49,337

TOTAL REVENUE $82,858

Expense Breakdown

Grants Paid $149,599

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,615

Other Expenses $16

TOTAL EXPENSES $149,615

Year-over-Year Comparison

	2019	2018	Change
Revenue	$82,858	$628,004	-0.9%
Expenses	$149,615	$575,721	-0.7%
Net Income	$-66,757	$52,283	-2.3%

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

400

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
SANDY SIMS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM RAY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES BYARS	PRESIDENT	1.00	Officer Director	$0	$0	$0
WESLEY HUDGENS	DIRECTOR	1.00	Director	$0	$0	$0
ALEA WILLIAMS	TREASURER	1.00	Officer Director	$0	$0	$0
BERNARD JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL W SMITH	DIRECTOR	1.00	Director	$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
2019	$82,858	$149,615	$99,888	$-66,757