NRECA INTERNATIONAL (EIN 521387851) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1985

Legal Domicile

Principal Officer

JAMES MATHESON

Phone

7039075960

Tax Period

2023-01-01 to 2023-12-31

NRECA INTERNATIONAL, founded in 1985, is a mid-sized nonprofit that reported $17.2M in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TRAVEL FOR COMPANIONS: NRECA INTERNATIONAL REIMBURSES THE COSTS OF TRANSPORTATION FROM AND TO THE POST OF ASSIGNMENT OF AUTHORIZED TRAVELERS. FOR ASSIGNMENTS THAT EXCEED 12 MONTHS, AUTHORIZED TRAVELERS INCLUDES EMPLOYEES, SPOUSES AND DEPENDENT CHILDREN. TAX INDEMNIFICATION AND GROSS UP PAYMENTS: NRECA GROSSES UP PAYMENTS MADE TO STAFF UNDER THE EXECUTIVE 401(K) BONUS PLAN AND ON ELIGIBLE RELOCATION EXPENSES. EXPATRIATE REGULAR EMPLOYEES MAY BE AUTHORIZED TO RECEIVE HOUSING ALLOWANCE. THE ALLOWANCE COVERS RENT, PLUS UTILITIES (HEAT, FUEL, GAS, ELECTRICITY AND WATER), IF THESE ARE NOT INCLUDED IN THE COST OF RENTAL. IN ADDITION, AN ALLOWANCE FOR BASIC FURNISHINGS, DRAPERIES AND MINOR MAINTENANCE WILL BE PROVIDED; HOWEVER, FOR ASSIGNMENTS OF SIX MONTHS BUT LESS THAN ONE YEAR, FURNISHED HOUSING IS RECOMMENDED.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,071,341

Program Service Revenue $16,961,845

Investment Income $97,811

Other Revenue $5,406

TOTAL REVENUE $19,136,403

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,808,677

Fundraising Expenses $117,793

Program Expenses $18,719,192

Other Expenses $14,868,965

TOTAL EXPENSES $19,677,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,136,403	$20,405,577	-0.1%
Expenses	$19,677,642	$20,405,827	0.0%
Net Income	$-541,239	$-250	+2164.0%

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

Employees

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

$5,700,871

Total Directors

$248,500

Key Employees

$287,074

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES MATHESON	PRESIDENT, CEO	0.23	Officer	$0	$327,143	$3,131,572
JEFFREY CONNOR	VICE PRESIDENT	0.23	Officer	$0	$112,610	$826,187
DIGNA LOUIS	CHIEF FINANCIAL OFFICER	0.0	Officer	$0	$90,364	$657,309
DANIEL WADDLE	SENIOR VICE PRESIDENT	49.0	Officer	$378,086	$119,188	$497,274
DAVID SCOTT	TREASURER	14.88	Officer	$0	$67,435	$308,372
JAMES VAN COEVERING	DIR.,ENGINEERING/INT'L CONSULT	40.0	Highest	$199,196	$103,890	$303,086
FERNANDO MERCADO	DIR, LATIN AMERICAN&CARRIBBEAN	40.0	Key Emp	$197,265	$89,809	$287,074
JESSICA HEALY	SECRETARY	0.23	Officer	$0	$42,029	$280,157
JAMES WALSH	DIRECTOR, BUSINESS DEVELOPMENT	44.0	Highest	$177,829	$82,439	$260,268
GUILLERMO LAYERENZA	SENIOR DISTRIBUTION ENGINEER	40.0	Highest	$157,060	$74,822	$231,882
FRANCIS BERGH	SENIOR ENGINEER	45.0	Highest	$151,496	$54,554	$206,050
NICHOLAS ALLEN	SENIOR ENGINEER	42.0	Highest	$172,707	$25,985	$198,692
LYNN JACOBSON	DIRECTOR	0.23	Director	$0	$22,500	$35,000
BRYAN CASE	DIRECTOR	0.23	Director	$0	$0	$29,500
DON DOUGLAS	DIRECTOR	0.23	Director	$0	$0	$29,000
CHRISTOPHER HAMON	DIRECTOR	0.23	Director	$0	$0	$25,500
DANNY BERTHELOT	DIRECTOR	0.23	Director	$0	$0	$24,250
DAVID IHA	DIRECTOR	0.23	Director	$0	$0	$23,250
INGRID KESSLER	DIRECTOR	0.23	Director	$0	$22,500	$22,500
KEN COLBURN	DIRECTOR	0.23	Director	$0	$0	$20,000
DONNIE SPIVEY	DIRECTOR	0.23	Director	$0	$0	$20,000
MEL COLEMAN	DIRECTOR	0.23	Director	$0	$0	$19,500

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	$19,136,403	$19,677,642	$10,777,172	$-541,239
2022	$20,405,577	$20,405,827	$16,153,918	$-250
2021	$13,958,230	$14,421,230	$16,103,141	$-463,000
2020	$13,754,518	$14,021,480	$13,183,500	$-266,962
2019	$18,735,035	$18,601,793	$12,390,216	$133,242
2018	$17,242,824	$17,712,460	$13,530,387	$-469,636

NRECA INTERNATIONAL