GAYLOR ELECTRIC INC EMPLOYEE BENEF… - 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

1988

Legal Domicile

Principal Officer

JAMES CREWS

Phone

3178430577

Tax Period

2023-01-01 to 2023-12-31

GAYLOR ELECTRIC INC EMPLOYEE BENEFIT PLAN, founded in 1988, is a mid-sized nonprofit that reported $11.1M in total revenue in fiscal year 2023.

Mission

TO PAY HEALTHCARE BENEFITS FOR ELIGIBLE PLAN PARTICIPANTS

Program Service Accomplishments

Program 1

THE PLAN PROVIDES FOR CERTAIN HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES OF GAYLOR ELECTRIC, INC.

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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 $0

Program Service Revenue $11,102,475

Investment Income $12

Other Revenue $0

TOTAL REVENUE $11,102,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,224,041

TOTAL EXPENSES $11,166,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,102,487	$10,724,341	+0.0%
Expenses	$11,166,672	$10,675,462	+0.0%
Net Income	$-64,185	$48,879	-2.3%

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

N/A

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAUNYA STRAUSS	TRUSTEE	40.00	Director	$0	$0	$0
MICHAEL FORT	TRUSTEE	5.00	Director	$0	$0	$0
JARROD RALPH	DIRECTOR OF RISK MANAGEMENT	5.00	Director	$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
2024	No data	No data	No data	No data
2023	$11,102,487	$11,166,672	$172,733	$-64,185
2022	$10,724,341	$10,675,462	$236,918	$48,879
2021	$9,770,843	$9,671,221	$188,039	$99,622
2020	$10,101,023	$10,094,886	$88,417	$6,137
2019	$8,225,379	$8,188,138	$82,280	$37,241
2018	$7,013,903	$7,014,843	$45,039	$-940

GAYLOR ELECTRIC INC EMPLOYEE BENEFIT PLAN