PINELAND TELEPHONE COOPERATIVE INC (EIN 580607833) - 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

1951

Legal Domicile

Principal Officer

DUSTIN DURDEN

Phone

9126852121

Tax Period

2024-01-01 to 2024-12-31

PINELAND TELEPHONE COOPERATIVE INC, founded in 1951, is a mid-sized nonprofit that reported $21.9M in total revenue in fiscal year 2024. Expenses of $21.3M left a modest 3% surplus.

Mission

PROVISION OF TELECOMMUNICATIONS SERVICE

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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 $21,353,637

Investment Income $586,708

Other Revenue $0

TOTAL REVENUE $21,940,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,276,508

Fundraising Expenses $0

Program Expenses $21,250,848

Other Expenses $15,974,340

TOTAL EXPENSES $21,250,848

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,940,345	$20,609,490	+0.1%
Expenses	$21,250,848	$20,263,282	+0.0%
Net Income	$689,497	$346,208	+1.0%

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

N/A

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

Total Directors

$65,572

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILEY EVANS	DIRECTOR	1.00	Director	$6,533	$0	$6,533
KEVIN HENDRIX	DIRECTOR	1.00	Director	$7,200	$0	$7,200
MARK BLAND	DIRECTOR	1.00	Director	$7,274	$0	$7,274
RALPH CLIFTON	DIRECTOR	1.00	Director	$6,900	$0	$6,900
BRINSON LANIER	DIRECTOR	1.00	Director	$7,200	$0	$7,200
JOHN PAUL JOHNSON	DIRECTOR	1.00	Director	$4,721	$0	$4,721
JOHN MOORE	DIRECTOR	1.00	Director	$7,745	$0	$7,745
CARSON CROSS	DIRECTOR	1.00	Director	$4,957	$0	$4,957
WILL DONALDSON	DIRECTOR	1.00	Director	$6,142	$0	$6,142
JEAN MELTON	DIRECTOR	1.00	Director	$6,900	$0	$6,900

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	$21,940,345	$21,250,848	$113,350,426	$689,497
2023	$20,609,490	$20,263,282	$112,247,045	$346,208
2022	$20,632,834	$19,604,735	$112,574,772	$1,028,099
2021	$20,356,122	$19,184,060	$116,547,882	$1,172,062
2020	$20,363,988	$18,923,149	$115,377,879	$1,440,839
2019	$20,366,507	$19,721,291	$110,171,613	$645,216
2018	$20,338,325	$19,262,025	$105,459,240	$1,076,300

PINELAND TELEPHONE COOPERATIVE INC