NEW HOPE TELEPHONE COOPERATIVE (EIN 300316192) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1902

Legal Domicile

Principal Officer

TIMOTHY HARRIS

Phone

5403635277

Tax Period

2024-11-01 to 2025-10-31

NEW HOPE TELEPHONE COOPERATIVE, founded in 1902, is a community nonprofit in the Public & Societal Benefit sector that reported $2.1M in total revenue in fiscal year 2021. Expenses of $2.0M left a modest 6% surplus.

Mission

TO CREATE AND MAINTAIN A QUALITY COMMUNICATIONS SYSTEM FOR CUSTOMERS OF THE NEW HOPE TELEPHONE COOPERATIVE, PROVIDING AS MANY OF THEIR COMMUNICATIONS NEEDS AS PRACTICAL.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,091,680

Investment Income $246,858

Other Revenue $-857

TOTAL REVENUE $2,337,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $507,466

Fundraising Expenses $0

Other Expenses $1,737,055

TOTAL EXPENSES $2,244,521

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,337,681	$2,195,657	+0.1%
Expenses	$2,244,521	$2,220,914	+0.0%
Net Income	$93,160	$-25,257	-4.7%

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

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

$204,190

Total Directors

$35,737

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY POWELL	PRESIDENT	10.00	Officer Director	$14,437	$0	$14,437
DANIEL PHILLIPS	VICE PRESIDENT	2.00	Officer Director	$2,700	$0	$2,700
MARC SHIELDS	DIRECTOR	1.00	Director	$2,100	$0	$2,100
MATT DEITZ	DIRECTOR	1.00	Director	$3,000	$0	$3,000
DANIEL FLORA	DIRECTOR	1.00	Director	$2,700	$0	$2,700
RICKY HELPER	DIRECTOR	1.00	Director	$3,300	$0	$3,300
STEVE JELLERSON	DIRECTOR	1.00	Director	$3,000	$0	$3,000
BUD SHAVER	DIRECTOR	1.00	Director	$2,100	$0	$2,100
JASON SHIFLETT	DIRECTOR	1.00	Director	$2,400	$0	$2,400
TIMOTHY HARRIS	GEN MGR & EXEC VP	40.00	Officer	$94,716	$20,840	$115,556
JILL LEVINE	SEC/TREAS	40.00	Officer	$57,054	$14,443	$71,497

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	$2,337,681	$2,244,521	$10,581,276	$93,160
2024	$2,195,657	$2,220,914	$10,443,085	$-25,257
2023	$2,030,457	$1,774,179	$10,352,910	$256,278
2022	$2,140,904	$2,015,253	$10,490,010	$125,651

NEW HOPE TELEPHONE COOPERATIVE