Twin Valley Electric Cooperative Inc (EIN 480506619) - 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

1946

Legal Domicile

Principal Officer

Angela Erickson

Tax Period

2023-01-01 to 2023-12-31

Twin Valley Electric Cooperative Inc, founded in 1946, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

Providing safe, reliable energy services and enhancing the quality of life for our member owners.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,543,755

Investment Income $9,020

Other Revenue $8,681

TOTAL REVENUE $6,561,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $540,407

Fundraising Expenses $0

Other Expenses $5,753,891

TOTAL EXPENSES $6,561,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,561,456	$7,043,538	-0.1%
Expenses	$6,561,456	$7,043,538	-0.1%
Net Income	$0	N/A	N/A

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

$384,491

Total Directors

$13,482

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angela Erickson	CEO	42.00	Officer	$167,300	$63,521	$230,821
Rebecca Hanigan	CFO	42.00	Officer	$115,254	$38,416	$153,670
Adam Myers	Line Superintendent	44.00	Highest	$110,251	$32,981	$143,232
Bryan Hucke	Secretary	1.29	Director	$2,410	$0	$2,410
Larry D Hubbell	Board Vice President	0.88	Director	$1,960	$0	$1,960
Bryan Coover	Board President	0.85	Director	$1,410	$0	$1,410
Jason Zwahlen	Director	1.09	Director	$1,410	$0	$1,410
Diane McCartney	Director	1.29	Director	$1,360	$0	$1,360
Dareld Nelson	Treasurer	1.20	Director	$1,360	$0	$1,360
Heath Steeby	Director	0.72	Director	$1,256	$0	$1,256
Tom Ellison	Director	1.08	Director	$1,206	$0	$1,206
Jared Nash	Director	1.04	Director	$1,110	$0	$1,110
Rodney Baker	Director	1.00		$203	$0	$203

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	$6,561,456	$6,561,456	$32,432,412	No data
2022	$7,043,538	$7,043,538	$32,197,669	No data
2021	$6,504,748	$6,504,748	$31,174,228	No data
2020	$5,867,614	$5,867,614	$29,982,157	No data
2019	$6,183,051	$6,183,051	$29,503,520	No data
2018	$6,512,885	$6,512,885	$28,386,545	No data

Twin Valley Electric Cooperative Inc