GREAT LAKES ENERGY PEOPLE FUND (EIN 383220304) - 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

1995

Legal Domicile

Principal Officer

SHARI CULVER

Phone

2315826521

Tax Period

2024-01-01 to 2024-12-31

GREAT LAKES ENERGY PEOPLE FUND, founded in 1995, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $269K in total revenue in fiscal year 2024.

Mission

THE FUND MAKES GRANTS TO QUALIFYING ORGANIZATIONS FOR CHARITABLE PURPOSES USING FUNDS RECEIVED THROUGH CHARITABLE CONTRIBUTIONS FROM MEMBERS OF GREAT LAKES ENERGY COOPERATIVE.

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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 $268,647

Program Service Revenue $0

Investment Income $109

Other Revenue $0

TOTAL REVENUE $268,756

Expense Breakdown

Grants Paid $261,422

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $261,422

Other Expenses $0

TOTAL EXPENSES $261,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,756	$267,851	+0.0%
Expenses	$261,422	$246,670	+0.1%
Net Income	$7,334	$21,181	-0.7%

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

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
MATT SODERQUIST	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY ANN NUGENT	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
JOHN COOL	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID WAGNER	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHLEEN ANDERSEN	DIRECTOR	1.00	Director	$0	$0	$0
DIANE WATTS	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN MCCARTY	DIRECTOR	1.00	Director	$0	$0	$0
BETTY HENNE	DIRECTOR	1.00	Director	$0	$0	$0
JERRY JUDGE	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY CASSIDY	DIRECTOR	1.00	Director	$0	$0	$0
LINDA FIRLIK	DIRECTOR	1.00	Director	$0	$0	$0
LINDA KOTZIAN	DIRECTOR	1.00	Director	$0	$0	$0
JALISA DANHOF	DIRECTOR	1.00	Director	$0	$0	$0
SHARI CULVER	MANAGER	5.00	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
2024	$268,756	$261,422	$207,222	$7,334
2023	$267,851	$246,670	$199,601	$21,181
2022	$267,277	$264,557	$172,520	$2,720
2021	$274,038	$388,560	$173,700	$-114,522
2020	$255,897	$224,099	$296,209	$31,798
2019	$242,587	$217,905	$286,424	$24,682
2018	$232,485	$211,367	$247,196	$21,118

GREAT LAKES ENERGY PEOPLE FUND