NEWTON COUNTY REMC (EIN 350547565) - 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

1938

Legal Domicile

Principal Officer

BRENT WELSH

Phone

2192973118

Tax Period

2025-01-01 to 2025-12-31

NEWTON COUNTY REMC, founded in 1938, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2025. Expenses of $7.1M left a modest 5% surplus.

Mission

THE SALE AND DISTRIBUTION OF ELECTRICITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,153,921

Investment Income $5,343

Other Revenue $299,567

TOTAL REVENUE $7,458,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $272,771

Fundraising Expenses $0

Program Expenses $7,051,393

Other Expenses $6,818,491

TOTAL EXPENSES $7,091,262

Year-over-Year Comparison

	2025	2024	Change
Revenue	$7,458,831	$7,626,034	0.0%
Expenses	$7,091,262	$7,301,004	0.0%
Net Income	$367,569	$325,030	+0.1%

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

$184,044

Total Directors

$42,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN C JOHNSON	PRESIDENT	0.92	Officer Director	$6,300	$0	$6,300
H MICHAEL COOLEY	VICE PRESIDENT	0.88	Officer Director	$5,450	$0	$5,450
MARK JEFVERT	SECRETARY/TREASURER	1.04	Officer Director	$6,300	$0	$6,300
BRENT CREEK	DIRECTOR	0.90	Director	$7,050	$0	$7,050
RICK RISLEY	DIRECTOR	0.77	Director	$6,300	$0	$6,300
KEVIN J DURHAM	DIRECTOR	1.15	Director	$5,450	$0	$5,450
RONALD E SUMMERS	DIRECTOR	0.92	Director	$5,450	$0	$5,450
BRENT WELSH	GENERAL MANAGER	40.00	Officer	$125,715	$40,279	$165,994
TROY BURTON	LINE FOREMAN	41.66	Highest	$119,422	$48,021	$167,443

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	$7,458,831	$7,091,262	$13,326,913	$367,569
2024	$7,626,034	$7,301,004	$12,512,294	$325,030
2023	$7,419,160	$6,999,807	$12,170,497	$419,353
2022	$7,127,919	$6,891,121	$11,699,433	$236,798
2021	$7,247,740	$6,501,982	$10,973,742	$745,758
2020	$6,578,118	$6,254,596	$9,914,833	$323,522
2019	$6,252,979	$5,858,276	$9,430,806	$394,703

NEWTON COUNTY REMC