GULF POWER TRANSFORMERS INC

EIN: 200802269 501(c)(3)

PENSACOLA, FL

Total Revenue
$82,858
Total Expenses
$149,615
Total Assets
$99,888
Net Assets
$99,888
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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
FL
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 TRANSFORMERS IS TO HELP BUILD 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%)

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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

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Governance

Voting Members
7
Independent Members
7
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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
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
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