TENNESSEE POWER DISTRIBUTION COMPA… - Form 990 Financial Data

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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

2024

Legal Domicile

Principal Officer

MIKE KNOTTS

Tax Period

2024-07-01 to 2025-06-30

TENNESSEE POWER DISTRIBUTION COMPANY, founded in 2024, is a small nonprofit in the Mutual Benefit sector that reported $374K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $344K left a modest 8% surplus.

Mission

GENERATION OF ELECTRICITY

Program Service Accomplishments

Program 1

Expenses: $343,542

TENNESSEE POWER DISTRUBUTION COMPANY EXISTS TO CONSTRUCT, OWN, AND OPERATE ELECTRIC GENERATING FACILITIES AND ENSURE RELIABLE POWER SUPPLY FOR THE BENEFIT OF ITS 24 MEMBER UTILITIES.

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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 $360,000

Program Service Revenue $0

Investment Income $13,629

Other Revenue $0

TOTAL REVENUE $373,629

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $343,542

Other Expenses $343,542

TOTAL EXPENSES $343,542

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,629	$525,594	-0.3%
Expenses	$343,542	$41,330	+7.3%
Net Income	$30,087	$484,264	-0.9%

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

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH COMPTON	DIRECTOR	1.00	Director	$0	$0	$0
JASON CLOYD	DIRECTOR	1.00	Director	$0	$0	$0
LOYD MUNCY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT DAHLSTROM	DIRECTOR	1.00	Director	$0	$0	$0
BRITT DYE	DIRECTOR	1.00	Director	$0	$0	$0
JEFF NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
JARROD BRACKETT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS JONES	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY METCALF	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN WEST	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BOWERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PROFFITT	DIRECTOR	1.00	Director	$0	$0	$0
BRAD COPPOCK	DIRECTOR	1.00	Director	$0	$0	$0
MIKE PARTIN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
GLENN HALE	DIRECTOR	1.00	Director	$0	$0	$0
STACY CHASTAIN	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BROGDON	DIRECTOR	1.00	Director	$0	$0	$0
DION COOPER	DIRECTOR	1.00	Director	$0	$0	$0
DAN RODAMAKER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAMES SANDLIN	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
KEITH CARNAHAN	TREASURER	2.00	Officer Director	$0	$0	$0
CHRIS DAVIS	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE KNOTTS	PRESIDENT	20.00	Officer	$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
2025	$373,629	$343,542	$514,351	$30,087
2024	No data	No data	No data	No data

TENNESSEE POWER DISTRIBUTION COMPANY