ENERGY COOPERATIVE OF OHIO

EIN: 311608113

PICKERINGTON, OH

Total Revenue
N/A
Total Expenses
$261,553
Total Assets
$1,365,271
Net Assets
$-298,082
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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
1998
Legal Domicile
OH
Principal Officer
JOHN M ZORNES
Phone
6143282957
Tax Period
2023-01-01 to 2023-12-31

Mission

TO GATHER ENERGY USERS, AS MEMBERS OF A COOPERATIVE, INTO A LARGER BUYING GROUP, IN ORDER TO OFFER SAVINGS ON THEIR ENERGY COSTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,434
Fundraising Expenses $0
Other Expenses $252,119
TOTAL EXPENSES $261,553

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $2,586,231 -1.0%
Expenses $261,553 $3,347,844 -0.9%
Net Income N/A $-761,613 N/A
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

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Governance

Voting Members
4
Independent Members
3
Employees
1
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
2
$5,850
Total Directors
4
$5,850
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN M ZORNES PRESIDENT 1.00
Officer Director
$5,850 $0 $5,850
DONALD B MAY TRUSTEE 1.00
Director
$0 $0 $0
MARC C RUNCK SR TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN WHITLEY SECRETARY / 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
2023 No data $261,553 $1,365,271 No data
2022 $2,586,231 $3,347,844 $1,626,924 $-761,613
2021 $3,902,431 $4,049,235 $2,569,734 $-146,804
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