KALONA COOPERATIVE TELEPHONE COMPANY (EIN 420650488) - 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

1905

Legal Domicile

Principal Officer

CASEY PECK

Phone

3196563668

Tax Period

2024-01-01 to 2024-12-31

KALONA COOPERATIVE TELEPHONE COMPANY, founded in 1905, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE TELECOMMUNICATION SERVICES TO ITS MEMBERS.

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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 $18,005

Program Service Revenue $9,153,341

Investment Income $87,874

Other Revenue $243,171

TOTAL REVENUE $9,502,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $953,336

Fundraising Expenses $0

Other Expenses $6,717,109

TOTAL EXPENSES $9,364,268

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,502,391	$8,308,916	+0.1%
Expenses	$9,364,268	$8,494,279	+0.1%
Net Income	$138,123	$-185,363	-1.7%

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

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

$253,098

Total Directors

$64,341

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURT WYSE	DIRECTOR	1.00	Director	$10,775	$0	$10,775
STEVE YOTTY	PRESIDENT	1.00	Officer Director	$10,688	$0	$10,688
ATLEE YODER	SECRETARY	1.00	Officer Director	$9,150	$0	$9,150
STEVE RICH	VICE PRESIDENT	1.00	Officer Director	$10,328	$0	$10,328
KEITH TROYER	DIRECTOR	1.00	Director	$8,100	$0	$8,100
JEREMY KUENSTER	DIRECTOR	1.00	Director	$7,800	$0	$7,800
LUKE HORAK	DIRECTOR	1.00	Director	$7,500	$0	$7,500
CASEY L PECK	CFO/GM	55.00	Officer	$185,952	$36,980	$222,932
JEREMY GUGEL	ASSISTANT MANAGER	32.00	Highest	$135,521	$30,654	$166,175
JACOB SLAUBAUGH	CONSTRUCTION MANAGER	50.00	Highest	$105,530	$13,191	$118,721
RAY FEAR	OPERATIONS MANAGER	40.00	Highest	$118,423	$26,109	$144,532

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	$9,502,391	$9,364,268	$21,817,769	$138,123
2023	$8,308,916	$8,494,279	$20,658,115	$-185,363
2022	$7,984,375	$7,963,616	$19,410,393	$20,759
2021	$7,276,052	$7,218,127	$16,733,268	$57,925
2020	$6,293,034	$6,239,148	$15,254,584	$53,886
2019	$5,648,962	$5,607,227	$13,743,089	$41,735
2018	$5,189,485	$5,164,780	$13,552,169	$24,705

KALONA COOPERATIVE TELEPHONE COMPANY