Vineyard Power Cooperative (EIN 271437013) - 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

Richard Andre

Phone

5086933002

Tax Period

2019-01-01 to 2019-12-31

Vineyard Power Cooperative, founded in 2009, is a micro nonprofit in the Mutual Benefit sector that reported $90K in total revenue in fiscal year 2019. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 20% operating margin.

Mission

To develop solely, or in cooperation with one or more persons or entities, and/or own renewable electric generation facilities, and to procure and/or sell electric supply or other energy-related goods or services at competitive prices to members and, in furtherance of the foregoing purposes, to carry on any lawful business permitted for a corporation organized under the electric co-op law and the business corporation law. The Cooperative shall be organized and shall conduct its business primarily for the mutual benefit of its members as patrons of the Cooperative.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $87,390

Program Service Revenue $0

Investment Income $0

Other Revenue $2,399

TOTAL REVENUE $89,789

Expense Breakdown

Grants Paid $250

Salaries & Benefits $71,049

Fundraising Expenses $0

Program Expenses $69,009

Other Expenses $109

TOTAL EXPENSES $71,408

Year-over-Year Comparison

	2019	2018	Change
Revenue	$89,789	$52,866	+0.7%
Expenses	$71,408	$113,150	-0.4%
Net Income	$18,381	$-60,284	-1.3%

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

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

$59,145

Total Directors

$59,145

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Andre	President	15.00	Officer Director	$59,145	$0	$59,145
Mike Jacobs	Chairman	1.00	Officer Director	$0	$0	$0
Gary Harcourt	Treasurer	1.00	Officer Director	$0	$0	$0
William Lake	Secretary	1.00	Officer Director	$0	$0	$0
Ann Berwick	Director	1.00	Director	$0	$0	$0
Warren Adams	Director	1.00	Director	$0	$0	$0
Ron Dagostino	Director	1.00	Director	$0	$0	$0
Julius Lowe	Director	1.00	Director	$0	$0	$0
Jon Hartzband	Director	1.00	Director	$0	$0	$0
Paul Pimentel	Past Chairman	1.00	Officer 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	$89,789	$71,408	$52,077	$18,381
2018	$52,866	$113,150	$111,240	$-60,284

Vineyard Power Cooperative