CALIFORNIA BROADBAND COOPERATIVE INC (EIN 270531963) - 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

2009

Legal Domicile

Principal Officer

SCOTT ARMSTRONG

Phone

7075518221

Tax Period

2023-07-01 to 2024-06-30

CALIFORNIA BROADBAND COOPERATIVE INC, founded in 2009, is a community nonprofit in the Mutual Benefit sector that reported $5.7M in total revenue in fiscal year 2023. Expenses of $11.2M exceeded revenue, resulting in a 96% operating deficit.

Mission

OWNING AND OPERATING A BROADBAND NETWORK IN THE EASTERN SIERRA REGION OF CALIFORNIA AND NEVADA.

🔒

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 $0

Program Service Revenue $5,693,140

Investment Income $0

Other Revenue $48,363

TOTAL REVENUE $5,741,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,682

Fundraising Expenses $0

Other Expenses $11,131,730

TOTAL EXPENSES $11,235,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,741,503	$5,637,738	+0.0%
Expenses	$11,235,412	$11,374,653	0.0%
Net Income	$-5,493,909	$-5,736,915	0.0%

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

N/A

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

$25,000

Total Directors

$85,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA MOBERLY	CHAIR	1.00	Officer Director	$7,000	$0	$7,000
SCOTT ARMSTRONG	CHAIRMAN	10.00	Officer Director	$9,000	$0	$9,000
GEOFFREY HILL	DIRECTOR	1.00	Director	$6,000	$0	$6,000
NICOLAS KEELER	DIRECTOR	20.00	Director	$9,000	$0	$9,000
TIMOTHY FESKO	DIRECTOR	1.00	Director	$9,000	$0	$9,000
JOSEPH GRIEGO	DIRECTOR	1.00	Director	$9,000	$0	$9,000
JAMES SUVER	DIRECTOR	1.00	Director	$9,000	$0	$9,000
ROBERT VOLKER	SECRETARY & CEO	5.00	Officer Director	$9,000	$0	$9,000
BRADFORD BANTA	COO (THROUGH 08/23)	5.00	Officer Director	$0	$0	$0
JUSTIN SPEAKE	DIRECTOR	10.00	Director	$9,000	$0	$9,000
JERRY TAYLOR	DIRECTOR	1.00	Director	$9,000	$0	$9,000
TIM SANSOM	CFO	20.00	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
2025	No data	No data	No data	No data
2024	$5,741,503	$11,235,412	$55,046,620	$-5,493,909
2023	$5,637,738	$11,374,653	$60,826,622	$-5,736,915
2022	$5,549,508	$10,808,181	$66,534,992	$-5,258,673
2021	$5,192,769	$10,247,939	$71,826,608	$-5,055,170
2020	$5,250,125	$10,104,139	$77,626,661	$-4,854,014
2019	$4,868,351	$9,899,589	$80,794,605	$-5,031,238

CALIFORNIA BROADBAND COOPERATIVE INC