BUGGS ISLAND TELEPHONE COOPERATIVE (EIN 546004683) - 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

1950

Legal Domicile

Principal Officer

MICHELE TAYLOR

Phone

4346362274

Tax Period

2020-01-01 to 2020-05-15

BUGGS ISLAND TELEPHONE COOPERATIVE, founded in 1950, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2018.

Mission

PUBLIC UTILITY TELECOMMUNICATIONS TO MEMBERS ONLY.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,132,988

Investment Income $18,888

Other Revenue $9,731

TOTAL REVENUE $1,161,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $289,972

Fundraising Expenses $0

Other Expenses $635,378

TOTAL EXPENSES $925,350

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,161,607	$5,902,713	-0.8%
Expenses	$925,350	$4,872,830	-0.8%
Net Income	$236,257	$1,029,883	-0.8%

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

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

$70,923

Total Directors

$11,623

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE TAYLOR	GENERAL MANAGER/ASST SECRETARY	40.0	Officer	$29,871	$8,531	$38,402
CAROLYN PIERCY	ASSISTANT TREASURER	40.0	Officer	$20,163	$7,433	$27,596
JOSEPH HUTSON	DIRECTOR	2.0	Director	$1,916	$0	$1,916
JASON HITE	SECRETARY	2.0	Officer Director	$1,901	$0	$1,901
JERRY JONES	DIRECTOR	2.0	Director	$1,607	$0	$1,607
CHERYL FIELD	TREASURER	2.0	Officer Director	$1,265	$0	$1,265
EDSEL SMITH JR	DIRECTOR	2.0	Director	$1,059	$0	$1,059
H ELIZABETH FARRAR-CLARY	DIRECTOR	2.0	Director	$1,058	$0	$1,058
MELISSA HARTMEN	DIRECTOR	2.0	Director	$1,058	$0	$1,058
RANDOLPH HITE	VICE PRESIDENT	2.0	Officer Director	$1,052	$0	$1,052
LINSEY CARROLL	PRESIDENT	2.0	Officer Director	$707	$0	$707

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
2020	$1,161,607	$925,350	No data	$236,257
2019	$5,902,713	$4,872,830	$9,845,090	$1,029,883
2018	$4,682,247	$4,611,952	$10,654,480	$70,295

BUGGS ISLAND TELEPHONE COOPERATIVE