SOUTHEASTERN ELECTRIC EXCHANGE INC (EIN 580435110) - 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

1971

Legal Domicile

Principal Officer

SCOTT SMITH

Phone

4042331188

Tax Period

2024-07-01 to 2025-06-30

SOUTHEASTERN ELECTRIC EXCHANGE INC, founded in 1971, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 36% operating margin.

Mission

PROMOTE THE COMMON INTEREST AND GROWTH OF UTILITY SYSTEMS IN THE REGION; AND, TO DEVELOP AND ENHANCE THE HUMAN, OPERATIONAL,AND TECHNICAL RESOURCES OF MEMBER COMPANIES TO THE FULLEST

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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 $4,470,654

Investment Income $256,029

Other Revenue $2,757

TOTAL REVENUE $4,729,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,159,281

Fundraising Expenses $0

Other Expenses $1,864,309

TOTAL EXPENSES $3,023,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,729,440	$4,280,474	+0.1%
Expenses	$3,023,590	$3,057,935	0.0%
Net Income	$1,705,850	$1,222,539	+0.4%

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

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

$425,890

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT H SMITH	EXEC DIRECTOR & CORP SECRETARY	50.0	Officer	$365,033	$60,857	$425,890
AMY B BEKELE	ADMINISTRATOR	40.0	Highest	$150,773	$43,423	$194,196
JOSEPH E HAMMOND	ADMINISTRATOR	50.0	Highest	$175,232	$18,309	$193,541
KENDRA CUTNO	COORDINATOR	40.0	Highest	$105,434	$36,837	$142,271
AMER ELECTRIC POWER	TREASURER	1.0	Director	$0	$0	$0
AMER ELECTRIC POWER	DIRECTOR	1.0	Director	$0	$0	$0
BALT GAS ELECT CO	SECOND VICE PRESIDENT	1.0	Director	$0	$0	$0
CENTERPOINT ENERGY	PRESIDENT	1.0	Director	$0	$0	$0
CLECO POWER LLC	DIRECTOR	1.0	Director	$0	$0	$0
DOMINION VANC	DIRECTOR	1.0	Director	$0	$0	$0
DOMINION SC	DIRECTOR	1.0	Director	$0	$0	$0
DUKE ENERGY CORP REP	DIRECTOR	1.0	Director	$0	$0	$0
ENTERGY CORP	DIRECTOR	1.0	Director	$0	$0	$0
FLORIDA PWR LT CO	DIRECTOR	1.0	Director	$0	$0	$0
LGE-KU LLC	DIRECTOR	1.0	Director	$0	$0	$0
OKLAHOMA GAS ELEC CO	DIRECTOR	1.0	Director	$0	$0	$0
ONCOR ELEC DELIVERY CO	DIRECTOR	1.0	Director	$0	$0	$0
PECO ENERGY CORP	DIRECTOR	1.0	Director	$0	$0	$0
PEPCO HOLDINGS INC	DIRECTOR	1.0	Director	$0	$0	$0
PPL ELECTRIC UTILITIES	DIRECTOR	1.0	Director	$0	$0	$0
TAMPA ELECTRIC COMP	FIRST VICE PRESIDENT	1.0	Director	$0	$0	$0
THE SOUTHERN COMPANY	DIRECTOR	1.0	Director	$0	$0	$0
TNMP	DIRECTOR	1.0	Director	$0	$0	$0

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	$4,729,440	$3,023,590	$9,013,078	$1,705,850
2024	No data	No data	No data	No data
2023	$3,637,495	$2,669,595	$5,683,419	$967,900
2022	$3,269,496	$1,993,643	$4,642,391	$1,275,853
2021	$1,089,000	$1,190,093	$3,324,890	$-101,093
2020	$801,655	$1,349,397	$3,468,565	$-547,742
2019	$2,319,353	$2,150,584	$3,907,436	$168,769
2018	$2,491,916	$2,000,780	$3,633,362	$491,136

SOUTHEASTERN ELECTRIC EXCHANGE INC