Boone Valley Electric Cooperative (EIN 420147800) - 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

1936

Legal Domicile

Principal Officer

Curtis Meinke

Phone

5158243565

Tax Period

2025-01-01 to 2025-12-31

Boone Valley Electric Cooperative, founded in 1936, is a small nonprofit that reported $205K in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $58K, a strong 28% operating margin.

Mission

Provide affordable electric service.

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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 $0

Investment Income $84,891

Other Revenue $120,514

TOTAL REVENUE $205,405

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,557

Fundraising Expenses $0

Program Expenses $147,886

Other Expenses $125,329

TOTAL EXPENSES $147,886

Year-over-Year Comparison

	2025	2024	Change
Revenue	$205,405	$223,467	-0.1%
Expenses	$147,886	$118,141	+0.3%
Net Income	$57,519	$105,326	-0.5%

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

Total Directors

$21,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Curtis Meinke	Director	20.00	Director	$13,200	$0	$13,200
Doug Martin	Secretary	1.00	Director	$4,700	$0	$4,700
Dave Odland	President	1.00	Director	$1,200	$0	$1,200
Tom Huntley	Director	1.00	Director	$1,100	$0	$1,100
Travis Tate	Director	1.00	Director	$1,100	$0	$1,100

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	$205,405	$147,886	$1,519,440	$57,519
2024	$223,467	$118,141	$1,482,064	$105,326
2023	$228,181	$154,836	$1,354,682	$73,345
2022	$373,304	$158,198	$1,468,952	$215,106
2021	$235,699	$157,710	$1,283,872	$77,989
2020	$228,288	$105,659	$1,285,422	$122,629
2019	$206,315	$137,064	$1,134,701	$69,251
2018	$276,688	$135,071	$1,054,987	$141,617

Boone Valley Electric Cooperative