Madison Energy Cooperative Association Inc (EIN 311567464) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Phone

8888630032

Tax Period

2024-01-01 to 2024-12-31

Madison Energy Cooperative Association Inc, founded in 1997, is a community nonprofit in the Public & Societal Benefit sector that reported $5.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of members.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,550

Program Service Revenue $4,980,813

Investment Income $1

Other Revenue $0

TOTAL REVENUE $4,988,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,200

Fundraising Expenses $0

Program Expenses $4,988,231

Other Expenses $0

TOTAL EXPENSES $4,988,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,988,364	$4,352,924	+0.1%
Expenses	$4,988,231	$4,352,934	+0.1%
Net Income	$133	$-10	-14.3%

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

Governance

Voting Members

Independent Members

N/A

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

$7,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Wheatley	President	1.00	Officer	$1,800	$0	$1,800
Jeff Niemeyer	Treasurer	1.00	Officer	$1,800	$0	$1,800
Anthony Barnhart	Board Member	1.00	Officer	$1,800	$0	$1,800
Richard Ballard	Secretary	1.00	Officer	$1,800	$0	$1,800

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	$4,988,364	$4,988,231	$2,318,249	$133
2023	$4,352,924	$4,352,934	$1,373,976	$-10
2022	$4,370,569	$4,370,133	$834,510	$436
2021	$3,580,556	$3,581,617	$811,465	$-1,061
2020	$2,827,196	$2,829,139	$482,396	$-1,943
2019	$3,003,422	$3,003,077	$517,535	$345
2018	$3,026,555	$3,015,530	$684,566	$11,025

Madison Energy Cooperative Association Inc