COOPERATIVE ENERGY INCORPORATED (EIN 582207023) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

MARK SVRCEK

Tax Period

2024-01-01 to 2024-12-31

COOPERATIVE ENERGY INCORPORATED is a tax-exempt nonprofit with EIN 582207023, based in COVINGTON, GA. Founded in 1994, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $348,476,364 in total revenue and $348,476,364 in total expenses, with net assets of $41,350,173.

Mission

TO PROVIDE THE ENERGY, POWER, AND CAPACITY NEEDS OF ITS DISTRIBUTION COOPERATIVE MEMBERS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $348,476,364

Investment Income $0

Other Revenue $0

TOTAL REVENUE $348,476,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,115,328

Fundraising Expenses $0

Other Expenses $345,241,691

TOTAL EXPENSES $348,476,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$348,476,364	$318,498,652	+0.1%
Expenses	$348,476,364	$318,498,652	+0.1%
Net Income	$0	N/A	N/A

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
MARK SVRCEK	COO	50.00	Highest	$629,454	$51,977	$681,431
DAVID PURCELL	VP - MEMBER	50.00	Highest	$234,135	$37,942	$272,077
JAMES DRAHEIM	VP - COMMER	50.00	Highest	$238,579	$18,063	$256,642
BRIAN TOOLE	MBR SRVS & C	50.00	Highest	$187,909	$37,538	$225,447
FRED KRAUSE	OPERATIONS D	50.00	Highest	$207,539	$15,650	$223,189
SHAUN MOCK	CFO/DIRECTOR	8.00	Director	$0	$0	$0
GREG PROCTOR	SECRETARY	8.00	Officer Director	$0	$0	$0
WENDY SELLERS	VICE CHAIRMA	8.00	Officer Director	$0	$0	$0
KEN SIMMONS	DIRECTOR	8.00	Director	$0	$0	$0
GEORGE WEAVER	CHAIRMAN	8.00	Officer 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
2024	$348,476,364	$348,476,364	$98,292,931	No data
2023	$318,498,652	$318,498,652	$77,183,099	No data

COOPERATIVE ENERGY INCORPORATED