MINFORD TELEPHONE COMPANY (EIN 314148227) - 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

1955

Legal Domicile

Principal Officer

DAVID SEIDEL

Phone

7408202151

Tax Period

2024-01-01 to 2024-12-31

MINFORD TELEPHONE COMPANY, founded in 1955, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Net assets of $16.8M represent 72 months of operating reserves.

Mission

TO PROVIDE TELECOMMUNICATIONS SERVICES TO MEMBERS OF OUR COOPERATIVE ORGANIZATION.

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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 $0

Program Service Revenue $2,640,703

Investment Income $167,070

Other Revenue $0

TOTAL REVENUE $2,807,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,369,400

Fundraising Expenses $0

Other Expenses $1,497,208

TOTAL EXPENSES $2,866,608

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,807,773	$2,907,358	0.0%
Expenses	$2,866,608	$2,805,594	+0.0%
Net Income	$-58,835	$101,764	-1.6%

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

$170,130

Total Directors

$26,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASEY NEAL	GENERAL MANA	40.00	Officer	$126,911	$0	$126,911
PAULA MCGRAW	FROMER GM	40.00	Officer	$32,119	$0	$32,119
MARK RISNER	VICE PRESIDE	0.50	Officer Director	$3,500	$0	$3,500
DAVID SEIDEL	PRESIDENT	0.50	Officer Director	$3,250	$0	$3,250
MARCUS WILLIAMS	BOARD MEMBER	0.50	Director	$3,150	$0	$3,150
MARY JO PRITCHARD	SECRETARY, T	1.00	Officer Director	$3,100	$0	$3,100
SHANE MOUGEY	BOARD MEMBER	0.50	Director	$2,950	$0	$2,950
JASON COTTLE	BOARD MEMBER	0.50	Director	$2,925	$0	$2,925
CRAIG VEACH	BOARD MEMBER	0.50	Director	$2,925	$0	$2,925
HENRY COLLINS	BOARD MEMBER	0.50	Director	$2,700	$0	$2,700
RICHARD POWELL	FORMER TREAS	N/A	Officer Director	$1,250	$0	$1,250
SCOTT JOHNSON	BOARD MEMBER	0.50	Director	$1,125	$0	$1,125

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	$2,807,773	$2,866,608	$44,058,282	$-58,835
2023	$2,907,358	$2,805,594	$41,026,081	$101,764
2022	$2,804,262	$2,741,433	$39,968,841	$62,829
2021	$2,705,859	$2,883,824	$38,286,357	$-177,965
2020	$2,798,554	$2,788,542	$36,210,065	$10,012
2019	$2,937,110	$2,737,352	$33,696,997	$199,758
2018	$2,958,806	$2,634,844	$31,221,820	$323,962

MINFORD TELEPHONE COMPANY