AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES (EIN 516024654) - 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

1969

Legal Domicile

Principal Officer

BRENT HEINTZELMAN

Phone

4122342242

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES, founded in 1969, is a major nonprofit that reported $308.9M in total revenue in fiscal year 2023.

Mission

TO PROVIDE FUNDING FOR OBLIGATIONS FOR MEDICAL, DENTAL, LIFE AND LONG-TERM DISABILITY BENEFITS FOR CURRENT EMPLOYEES (AND THEIR DEPENDENTS) OF AMERICAN ELECTRIC POWER COMPANY, INC. AND ITS AFFILIATES.

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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 $306,666,565

Investment Income $2,256,444

Other Revenue $0

TOTAL REVENUE $308,923,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99

Fundraising Expenses $0

Other Expenses $15,423,216

TOTAL EXPENSES $304,046,903

Year-over-Year Comparison

	2023	2022	Change
Revenue	$308,923,009	$292,729,459	+0.1%
Expenses	$304,046,903	$298,176,799	+0.0%
Net Income	$4,876,106	$-5,447,340	-1.9%

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

N/A

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
N/A	TRUSTEE (SEE SCHEDULE O)	0.0		$99	$0	$99

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	$308,923,009	$304,046,903	$38,922,673	$4,876,106
2022	$292,729,459	$298,176,799	$33,872,191	$-5,447,340
2021	$295,113,042	$276,432,339	$39,393,676	$18,680,703
2020	$280,684,969	$280,165,274	$20,757,018	$519,695
2019	$274,093,050	$264,577,989	$20,235,390	$9,515,061
2018	$265,817,245	$282,514,690	$10,650,471	$-16,697,445

AMERICAN ELECTRIC POWER SYSTEM EMPLOYEES