BERKELEY ELECTRIC COOPERATIVE TRUST (EIN 570956017) - 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

1992

Legal Domicile

Principal Officer

JAMES GRAHAM

Phone

8437618200

Tax Period

2025-01-01 to 2025-12-31

BERKELEY ELECTRIC COOPERATIVE TRUST, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $698K in total revenue in fiscal year 2025. The organization ran a surplus of $142K, a strong 20% operating margin.

Mission

THE MISSION OF BERKELEY ELECTRIC TRUST IS THE DISBURSEMENT OF OPERATION ROUND-UP FUNDS FOR CHARITABLE PURPOSES IN BERKELEY, CHARLESTON AND DORCHESTER COUNTIES.THIS SHALL BE ACCOMPLISHED BY DISBURSEMENT OF FUNDS TO INDIVIDUALS AND ORGANIZATIONS FOR FOOD, SHELTER, CLOTHING, HEALTH NEEDS AND EDUCATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $697,627

Program Service Revenue $0

Investment Income $118

Other Revenue $0

TOTAL REVENUE $697,745

Expense Breakdown

Grants Paid $531,229

Salaries & Benefits $18,675

Fundraising Expenses $0

Program Expenses $555,760

Other Expenses $5,856

TOTAL EXPENSES $555,760

Year-over-Year Comparison

	2025	2024	Change
Revenue	$697,745	$686,161	+0.0%
Expenses	$555,760	$602,682	-0.1%
Net Income	$141,985	$83,479	+0.7%

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

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

$8,325

Total Directors

$18,675

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL BROWNLEE	TREASURER	4.00	Officer Director	$2,250	$0	$2,250
MAVON JERNIGAN	TRUSTEE	2.00	Director	$2,250	$0	$2,250
WILLIAM JONES	TRUSTEE	2.00	Director	$2,250	$0	$2,250
BARBARA SINGLETON	VICE PRESIDE	4.00	Officer Director	$2,250	$0	$2,250
LATONIA BROTHERS	SECRETARY	4.00	Officer Director	$2,025	$0	$2,025
JAMES GRAHAM	CHAIRMAN	4.00	Officer Director	$1,800	$0	$1,800
JEFFREY HOMEIER	TRUSTEE	2.00	Director	$1,800	$0	$1,800
QUEEN WILSON	TRUSTEE	2.00	Director	$1,575	$0	$1,575
GREGORY GREENE	TRUSTEE	2.00	Director	$1,125	$0	$1,125
ALTON HOOD	TRUSTEE	2.00	Director	$900	$0	$900
WILLIAM SMOAK	TRUSTEE	2.00	Director	$450	$0	$450

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	$697,745	$555,760	$305,412	$141,985
2024	$686,161	$602,682	$163,427	$83,479
2023	$650,250	$658,895	$79,948	$-8,645
2022	$601,597	$797,542	$88,593	$-195,945
2021	$493,471	$658,991	$284,538	$-165,520
2020	$457,415	$115,819	$450,058	$341,596
2019	$435,451	$489,905	$108,462	$-54,454
2018	$420,371	$361,615	$162,916	$58,756

BERKELEY ELECTRIC COOPERATIVE TRUST