NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION (EIN 580370240) - 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

1936

Legal Domicile

Principal Officer

KATHRYN D WEST

Phone

7062599441

Tax Period

2024-07-01 to 2025-06-30

NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION, founded in 1936, is a major nonprofit that reported $298.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE AND ENCOURAGE THE USE OF ELECTRIC ENERGY AND MAKE IT AVAILABLE TO CONSUMERS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $285,400,155

Investment Income $1,926,250

Other Revenue $11,015,769

TOTAL REVENUE $298,342,174

Expense Breakdown

Grants Paid $40,514

Salaries & Benefits $20,161,098

Fundraising Expenses $0

Program Expenses $290,608,193

Other Expenses $270,406,581

TOTAL EXPENSES $290,608,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,342,174	$271,273,857	+0.1%
Expenses	$290,608,193	$268,093,525	+0.1%
Net Income	$7,733,981	$3,180,332	+1.4%

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

245

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

$735,289

Total Directors

$66,330

Key Employees

$1,058,227

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED CLARK	CHAIRMAN OF THE BOARD	8.08	Director	$16,690	$0	$16,690
JOHN HOWARD	SECRETARY/TREASURER	9.56	Director	$16,690	$0	$16,690
BENJAMIN MITCHELL	DIRECTOR	7.39	Director	$5,370	$0	$5,370
MARK THOMAS	VICE-CHAIRMAN	2.15	Director	$11,470	$0	$11,470
JASON PARKER	DIRECTOR	3.73	Director	$16,110	$0	$16,110
KATHRYN D WEST	PRESIDENT AND CEO	60.00	Officer	$350,443	$89,483	$439,926
BRIAN CHILDERS	CHIEF INFORMATION OFFICER	50.00	Officer	$220,476	$74,887	$295,363
JEFFERY BROWN	VP OPERATION SERVICES	50.00	Key Emp	$187,735	$78,123	$265,858
KIM GAMEL	VP CORPORATE SERVICES	50.00	Key Emp	$192,292	$74,301	$266,593
ALISA BASARABA	VP MEMBER SERVICES	50.00	Key Emp	$190,173	$64,084	$254,257
PAUL RUUD	VP ENGINEERING SERVICES	50.00	Key Emp	$194,517	$77,002	$271,519
JAMES SATCHER	CREW LEADER	49.00	Highest	$157,977	$33,076	$191,053
JAMES ROGERS	LINE WORKER/SERVICE WORKER	43.00	Highest	$158,837	$49,557	$208,394
EARNEST WITHEROW	SENIOR MANAGER FIELD ADMIN	48.00	Highest	$182,846	$55,804	$238,650
JARROD DREW	CREW LEADER	53.00	Highest	$170,757	$54,725	$225,482
CALEB BRANSON	LINE WORKER/SERVICE WORKER	56.00	Highest	$162,753	$37,635	$200,388

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	$298,342,174	$290,608,193	$477,680,548	$7,733,981
2024	$271,273,857	$268,093,525	$449,379,592	$3,180,332
2023	$272,603,942	$272,603,942	$415,304,530	No data
2022	$261,073,462	$261,073,462	$403,958,912	No data
2021	$240,639,697	$240,639,697	$399,091,866	No data
2020	$239,876,613	$239,876,613	$373,838,701	No data
2019	$251,615,435	$251,615,435	$360,834,398	No data

NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION