TVEC CHARITABLE FOUNDATION INC (EIN 455548476) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

JEFFREY LANE

Phone

9729322214

Tax Period

2023-01-01 to 2023-12-31

TVEC CHARITABLE FOUNDATION INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $446K in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE FOUNDATION IS THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE COUNTIES COMPRISING THE SERVICE TERRITORY OF TRINITY VALLEY ELECTRIC COOPERATIVE, INC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $446,059

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $446,059

Expense Breakdown

Grants Paid $487,859

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $487,859

Other Expenses $1,400

TOTAL EXPENSES $489,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$446,059	$427,219	+0.0%
Expenses	$489,259	$430,088	+0.1%
Net Income	$-43,200	$-2,869	+14.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$560,814

Total Directors

$98,132

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOWARD TILLISON	CHAIRMAN	2.00	Officer Director	$0	$0	$13,500
CAROLYN MINOR	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$11,850
JO ANN HANSTROM	SECRETARY	2.00	Officer Director	$0	$0	$10,950
JACK ENDRES	DIRECTOR	1.00	Director	$0	$0	$10,650
EDWARD REEVE	DIRECTOR	1.00	Director	$0	$0	$10,950
JEFF PRIEST	DIRECTOR	1.00	Director	$0	$0	$10,950
PAUL WEATHERFORD	DIRECTOR	1.00	Director	$0	$0	$29,282
JEFFREY LANE	EXECUTIVE DIRECTOR	2.00	Officer	$0	$177,112	$524,514

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	No data	No data	No data	No data
2023	$446,059	$489,259	$113,990	$-43,200
2022	$427,219	$430,088	$149,690	$-2,869
2021	$405,632	$345,890	$152,559	$59,742
2020	$388,890	$375,760	$92,817	$13,130
2019	$374,132	$365,900	$79,687	$8,232
2018	$362,558	$350,197	$71,455	$12,361

TVEC CHARITABLE FOUNDATION INC