WEBSTER ELECTRIC FOUNDATION (EIN 431830399) - 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

1998

Legal Domicile

Principal Officer

JOHN WHITE

Phone

4178592216

Tax Period

2024-01-01 to 2024-12-31

WEBSTER ELECTRIC FOUNDATION, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $114K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $144K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE FOUNDATION IS EXPRESSLY ESTABLISHED TO ENRICH THE COMMUNITIES SERVICED BY WEBSTER ELECTRIC COOPERATIVE THROUGH COMMUNITY BETTERMENT PROJECTS.

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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 $105,235

Program Service Revenue $0

Investment Income $1,601

Other Revenue $7,265

TOTAL REVENUE $114,101

Expense Breakdown

Grants Paid $144,291

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $144,291

Other Expenses $0

TOTAL EXPENSES $144,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,101	$121,939	-0.1%
Expenses	$144,291	$148,334	0.0%
Net Income	$-30,190	$-26,395	+0.1%

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

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

$837

Total Directors

$2,336

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN WHITE	PRESIDENT	0.50	Officer Director	$0	$346	$346
KATHY DUDLEY	VICE PRESIDE	0.50	Officer Director	$0	$245	$245
CATHY BROWN	DIRECTOR	0.50	Director	$0	$237	$237
RANDY OWENS	DIRECTOR	0.50	Director	$0	$308	$308
LOUISE BIGLEY	SECRETARY	0.50	Officer Director	$0	$246	$246
KAY FLEMING	DIRECTOR	0.50	Director	$0	$219	$219
CAROLYNN THOMPSON	DIRECTOR	0.50	Director	$0	$103	$103
BILL ROBERTS	DIRECTOR	0.50	Director	$0	$281	$281
ANN MARIE SVOBODA	DIRECTOR	0.50	Director	$0	$351	$351

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	$114,101	$144,291	$70,317	$-30,190
2023	$121,939	$148,334	$100,507	$-26,395
2022	$105,468	$104,015	$126,902	$1,453
2021	$101,923	$72,516	$125,449	$29,407
2020	$99,115	$68,373	$96,042	$30,742
2019	$96,733	$77,468	$65,300	$19,265
2018	$93,913	$103,144	$46,036	$-9,231

WEBSTER ELECTRIC FOUNDATION