COASTAL EMC FOUNDATION INC (EIN 582076664) - 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

1993

Legal Domicile

Principal Officer

JERRY ADKINS

Phone

9128843311

Tax Period

2025-01-01 to 2025-12-31

COASTAL EMC FOUNDATION INC, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $797K in total revenue in fiscal year 2025. Revenue surged 503% from the prior year, signaling strong growth momentum. The organization ran a surplus of $422K, a strong 53% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO ASSIST WITH THE FOOD, HEALTH, SAFETY, EDUCATION AND SHELTER NEEDS OF CITIZENS IN COUNTIES SERVED BY COASTAL ELECTRIC COOPERATIVE.

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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 $770,650

Program Service Revenue $0

Investment Income $26,605

Other Revenue $0

TOTAL REVENUE $797,255

Expense Breakdown

Grants Paid $373,049

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $375,348

Other Expenses $2,299

TOTAL EXPENSES $375,348

Year-over-Year Comparison

	2025	2024	Change
Revenue	$797,255	$132,173	+5.0%
Expenses	$375,348	$387,553	0.0%
Net Income	$421,907	$-255,380	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY ADKINS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LYNNE STEVENS	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
CONSTANCE RIGGINS	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
JOHN HODGES	DIRECTOR	0.50	Director	$0	$0	$0
LYNNE BAYNES	DIRECTOR	0.50	Director	$0	$0	$0
JOHN MEEKS	DIRECTOR	0.50	Director	$0	$0	$0
TIMOTHY BEATY	DIRECTOR	0.50	Director	$0	$0	$0
RAY WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
LANA RAY	DIRECTOR	0.50	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	$797,255	$375,348	$753,111	$421,907
2024	$130,223	$385,603	$331,204	$-255,380
2023	$385,979	$322,345	$586,584	$63,634
2022	$405,433	$365,037	$522,950	$40,396
2021	$322,998	$238,008	$482,554	$84,990
2020	$344,966	$215,760	$397,564	$129,206
2019	$97,376	$137,586	$268,358	$-40,210
2018	$93,990	$86,570	$308,568	$7,420

COASTAL EMC FOUNDATION INC