Wiregrass Electric Cooperative Inc Charitable Foundation Inc (EIN 474759456) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

David Hall

Phone

8002394602

Tax Period

2023-01-01 to 2023-12-31

Wiregrass Electric Cooperative Inc Charitable Foundation Inc, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $181K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Accumulate and disperse funds for charitable or educational purposes

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $140,306

Program Service Revenue $0

Investment Income $0

Other Revenue $49,397

TOTAL REVENUE $189,703

Expense Breakdown

Grants Paid $172,207

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,207

Other Expenses $36,780

TOTAL EXPENSES $208,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$189,703	$180,809	+0.0%
Expenses	$208,987	$187,285	+0.1%
Net Income	$-19,284	$-6,476	+2.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rickey Moore	Treasurer	1.00	Officer Director	$0	$0	$0
David Hall	President	1.00	Officer Director	$0	$0	$0
Hayden Camp	Secretary	1.00	Officer Director	$0	$0	$0
Delain Faulk	Director	1.00	Director	$0	$0	$0
Van Chambers	Director	1.00	Director	$0	$0	$0
J Everette Stewart	Director	1.00	Director	$0	$0	$0
Michael Gene Bailey	Vice President	1.00	Officer Director	$0	$0	$0
Rachelle Ford	Director	1.00	Director	$0	$0	$0
Vann Cooley	Director	1.00	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
2024	No data	No data	No data	No data
2023	$189,703	$208,987	$77,583	$-19,284
2022	$180,809	$187,285	$71,239	$-6,476

Wiregrass Electric Cooperative Inc Charitable Foundation Inc