The Frontier Power Company (EIN 314328402) - 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

1936

Legal Domicile

Phone

7406226755

Tax Period

2024-01-01 to 2024-12-31

The Frontier Power Company, founded in 1936, is a mid-sized nonprofit that reported $20.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Frontier Powers mission is to serve and distribute affordable and reliable electricity to consumers in rural areas of East Central Ohio.

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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 $19,182,629

Investment Income $206,730

Other Revenue $582,975

TOTAL REVENUE $19,972,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,341,717

Fundraising Expenses $0

Other Expenses $14,539,297

TOTAL EXPENSES $19,972,334

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,972,334	$18,223,905	+0.1%
Expenses	$19,972,334	$18,223,905	+0.1%
Net Income	$0	N/A	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

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

Total Directors

$91,856

Key Employees

$661,116

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	General Manager	056.00	Key Emp	$410,842	$77,521	$488,363
N/A	Manager of Accounting and Finance	062.00	Key Emp	$132,635	$40,118	$172,753
N/A	Sec/Treasurer-Director	003.00	Director	$17,671	$0	$17,671
N/A	Director	003.00	Director	$16,965	$0	$16,965
N/A	Director	005.50	Director	$12,739	$0	$12,739
N/A	Director	005.00	Director	$12,389	$0	$12,389
N/A	V. President - Director	005.00	Director	$11,064	$0	$11,064
N/A	President - Director	004.00	Director	$11,014	$0	$11,014
N/A	Director	004.00	Director	$10,014	$0	$10,014

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	$19,972,334	$19,972,334	$47,418,819	No data
2023	$18,223,905	$18,223,905	$47,750,157	No data
2022	$18,106,604	$18,106,604	$48,544,887	No data
2020	$16,508,516	$16,508,516	$49,311,017	No data

The Frontier Power Company