WASHINGTON COUNTY RURAL TELEPHONE COOP INC (EIN 350916880) - 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

1953

Legal Domicile

Principal Officer

ROLAND K KING

Phone

8129673171

Tax Period

2023-07-01 to 2023-12-31

WASHINGTON COUNTY RURAL TELEPHONE COOP INC, founded in 1953, is a community nonprofit in the Mutual Benefit sector that reported $3.3M in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Net assets of $15.7M represent 57 months of operating reserves.

Mission

THE CORPORATION PROVIDES TELECOMMUNICATION SERVICES TO ITS PATRONS ON A NON-PROFIT BASIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $72,886

Program Service Revenue $3,208,334

Investment Income $11,035

Other Revenue $28,290

TOTAL REVENUE $3,320,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,939

Fundraising Expenses $0

Program Expenses $3,239,266

Other Expenses $3,074,327

TOTAL EXPENSES $3,239,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,320,545	$7,151,551	-0.5%
Expenses	$3,239,266	$5,910,014	-0.5%
Net Income	$81,279	$1,241,537	-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

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

$261,838

Total Directors

$28,034

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROLAND KING	PRESIDENT	1.50	Officer Director	$4,184	$0	$4,184
DAVID GOTTBRATH	VICE PRESIDENT	1.00	Officer Director	$4,200	$0	$4,200
DAN MEADOR	SECRETARY	1.00	Officer Director	$3,750	$0	$3,750
JOHN HOKE	TREASURER	1.00	Officer Director	$4,050	$0	$4,050
THOMAS GRAY	BOARD MEMBER	1.00	Director	$4,050	$0	$4,050
KEVIN AKERS	BOARD MEMBER	1.00	Director	$4,350	$0	$4,350
DAVID SOUDER	BOARD MEMBER	1.00	Director	$3,450	$0	$3,450
CHRIS BROY	GENERAL MANAGER	43.00	Officer	$106,383	$24,798	$131,181
LAURIE OETKEN	CONTROLLER	42.00	Officer	$98,775	$15,698	$114,473

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	No data	No data	No data	No data
2023	$7,151,551	$5,910,014	$30,637,886	$1,241,537
2023	$3,320,545	$3,239,266	$30,599,508	$81,279
2023	No data	No data	No data	No data
2022	$6,091,472	$5,346,520	$29,722,865	$744,952
2020	$5,699,171	$5,116,990	$15,249,917	$582,181
2019	$6,778,100	$4,809,904	$12,701,034	$1,968,196
2018	$4,690,673	$4,543,662	$10,863,108	$147,011

WASHINGTON COUNTY RURAL TELEPHONE COOP INC