Cass County Electric Cooperative F… - 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

1993

Legal Domicile

Principal Officer

Theresa L Halverson

Phone

7013564400

Tax Period

2025-01-01 to 2025-12-31

Cass County Electric Cooperative Foundation, founded in 1993, is a small nonprofit that reported $255K in total revenue in fiscal year 2025.

Mission

The foundation's mission is the accumulation and disbursement of funds for charitable purposes to tax exempt organizations and individuals/ families in need within the area served by Cass County Electric Cooperative, Inc.

Program Service Accomplishments

Program 1

Expenses: $254,377 Revenue: $254,739

Cass County Electric Cooperative Foundation issued grants totaling $252,460 to numerous tax exempt organizations and individuals for charitable, educational, environmental, and emergency assistance purposes in order to benefit the members served by Cass County Electric Cooperative, 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 (2025)

Revenue Breakdown

Contributions & Grants $254,474

Program Service Revenue $0

Investment Income $265

Other Revenue $0

TOTAL REVENUE $254,739

Expense Breakdown

Grants Paid $252,460

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $254,377

Other Expenses $1,918

TOTAL EXPENSES $254,378

Year-over-Year Comparison

	2025	2024	Change
Revenue	$254,739	$246,027	+0.0%
Expenses	$254,378	$245,207	+0.0%
Net Income	$361	$820	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILLIAN VEIL-EHNERT	President	0.60	Officer Director	$0	$0	$0
KEN ASTRUP	Vice President	0.60	Officer Director	$0	$0	$0
VALERIE SCHWANTES	Secretary	0.60	Officer Director	$0	$0	$0
ERIK ISAAK	Treasurer	0.60	Officer Director	$0	$0	$0
KALYN BOTZ	Director	0.60	Director	$0	$0	$0
LISA OLSON	Director	0.60	Director	$0	$0	$0
SCOTT RIPPLINGER	Director	0.60	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
2025	$254,739	$254,378	$26,094	$361
2024	$246,027	$245,207	$25,733	$820
2023	$240,385	$240,529	$24,913	$-144
2022	$240,509	$258,081	$25,057	$-17,572
2021	$232,911	$222,754	$42,629	$10,157
2020	$222,268	$220,662	$32,472	$1,606

Cass County Electric Cooperative Foundation