KANSAS INDEPENDENT ELECTRICAL CONT… - 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

1964

Principal Officer

KEELY TURNER

Phone

3162674041

Tax Period

2022-07-01 to 2023-06-30

KANSAS INDEPENDENT ELECTRICAL CONTRACTORS, founded in 1964, is a small nonprofit in the Community Improvement sector that reported $310K in total revenue in fiscal year 2022. Revenue surged 452% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 29% operating margin.

Mission

KANSAS INDEPENDENT ELECTRICAL CONTRACTORS IS A CHAPTER IN A NATIONWIDE TRADE ORGANIZATION DEDICATED TO ASSISTING BUSINESSES AND INDIVIDUALS INVOLVED IN THE ELECTRICAL CONSTRUCTION INDUSTRY.

Program Service Accomplishments

Program 1

TO PROMOTE THE COMMON BUSINESS INTERESTS OF THOSE ENGAGED IN THE ELECTRICAL CONSTRUCTION INDUSTRY.

Program 2

TO MONITOR LAWS TO MAKE THE INDUSTRY SAFER AND STRONGER.

Program 3

TO PROVIDE APPRENTICESHIP AND TRADING TO ENSURE THE SUCCESS OF THE ELECTRICIAN.

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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 (2022)

Revenue Breakdown

Contributions & Grants $31,404

Program Service Revenue $276,852

Investment Income $210

Other Revenue $1,180

TOTAL REVENUE $309,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,762

Fundraising Expenses $0

Other Expenses $68,579

TOTAL EXPENSES $219,341

Year-over-Year Comparison

	2022	2021	Change
Revenue	$309,646	$56,091	+4.5%
Expenses	$219,341	$91,529	+1.4%
Net Income	$90,305	$-35,438	-3.5%

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

$70,833

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEELY TURNER	EXECUTIVE DI	40.00	Officer	$70,833	$0	$70,833
AARON STEVENS	PRESIDENT	1.00	Officer	$0	$0	$0
STEVE PHELPS	VICE PRESIDE	1.00	Officer	$0	$0	$0
BARB SNELL	SECRETARY/TR	10.00	Officer	$0	$0	$0
SHAWN CLEAVER	CHARIMAN	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$309,646	$219,341	$327,162	$90,305
2022	$56,091	$91,529	$236,608	$-35,438
2021	$219,285	$220,609	$265,702	$-1,324
2020	$207,450	$207,393	$281,826	$57

KANSAS INDEPENDENT ELECTRICAL CONTRACTORS