Knox Energy Cooperative Association Inc (EIN 311600023) - 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

1999

Legal Domicile

Phone

8888630032

Tax Period

2024-01-01 to 2024-12-31

Knox Energy Cooperative Association Inc, founded in 1999, is a mid-sized nonprofit in the Mutual Benefit sector that reported $27.6M in total revenue in fiscal year 2024.

Mission

Installation and maintenance of natural gas pipelines for the purpose of providing natural gas services for the benefit of the 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 $37,100

Program Service Revenue $27,549,513

Investment Income $11,443

Other Revenue $0

TOTAL REVENUE $27,598,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,000

Fundraising Expenses $0

Program Expenses $27,597,899

Other Expenses $0

TOTAL EXPENSES $27,597,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,598,056	$27,681,130	0.0%
Expenses	$27,597,899	$27,681,211	0.0%
Net Income	$157	$-81	-2.9%

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

$33,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Renee McDaniel	President	1.00	Officer	$8,500	$0	$8,500
Larry Gerst	Treasurer	1.00	Officer	$6,500	$0	$6,500
Carla W Jones	Board Member	1.00	Officer	$6,000	$0	$6,000
Jeff Hamer	Board Member	1.00	Officer	$6,000	$0	$6,000
Thomas J Stephens	Board Member	1.00	Officer	$6,000	$0	$6,000

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	$27,598,056	$27,597,899	$8,331,079	$157
2023	$27,681,130	$27,681,211	$6,851,530	$-81
2022	$32,018,818	$32,025,121	$8,408,600	$-6,303
2021	$23,919,726	$23,917,635	$7,178,282	$2,091
2020	$20,560,793	$20,560,898	$5,597,438	$-105
2019	$21,084,666	$21,080,836	$5,049,129	$3,830
2018	$21,303,698	$21,303,135	$6,330,841	$563

Knox Energy Cooperative Association Inc