SOUTHERN COVE POWER REUNION INC (EIN 251789832) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

AMY MELLOTT

Phone

8147662703

Tax Period

2023-01-01 to 2023-12-31

SOUTHERN COVE POWER REUNION INC, founded in 1991, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $46K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $394K represent 103 months of operating reserves.

Mission

RESTORATION AND PRESERVATION OF ANTIQUE FARM EQUIPMENT

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,592

Program Service Revenue $0

Investment Income $0

Other Revenue $39,320

TOTAL REVENUE $45,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,043

Program Expenses $10,894

Other Expenses $46,102

TOTAL EXPENSES $46,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,912	$48,480	-0.1%
Expenses	$46,102	$36,872	+0.3%
Net Income	$-190	$11,608	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
FRED MELLOTT	PRESIDENT	1.00	Director	$0	$0	$0
JOHN HILEMAN	VICE PRESIDENT	1.00	Director	$0	$0	$0
MELANIE CLAPPER	SECRETARY	1.00	Director	$0	$0	$0
AMY MELLOTT	TREASURER	3.00	Director	$0	$0	$0
ROBERT REFFNER	BOARD	1.00	Director	$0	$0	$0
JEREMY SHOPE	BOARD	1.00	Director	$0	$0	$0
CY MELLOTT	BOARD	1.00	Director	$0	$0	$0
STEVE AYERS	BOARD	1.00	Director	$0	$0	$0
ROY KEGG	BOARD	1.00	Director	$0	$0	$0
BRETT FISHER	2ND VICE PRESIDENT	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
2024	No data	No data	No data	No data
2023	$45,912	$46,102	$394,040	$-190
2022	$48,480	$36,872	$394,230	$11,608
2021	$35,433	$28,073	$382,622	$7,360
2020	$43,029	$22,393	$375,263	$20,636

SOUTHERN COVE POWER REUNION INC