GEORGIA ENERGY COOPERATIVE (EIN 582664429) - 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

2001

Legal Domicile

Principal Officer

PETE NETTLES

Phone

7702707500

Tax Period

2024-01-01 to 2024-12-31

GEORGIA ENERGY COOPERATIVE, founded in 2001, is a major nonprofit in the Public & Societal Benefit sector that reported $131.3M in total revenue in fiscal year 2024.

Mission

TO PROVIDE THE BEST POSSIBLE ELECTRICAL ENERGY AND SERVICE TO ALL ITS MEMBERS AT THE LOWEST PRICE CONSISTENT WITH THE HIGHEST STANDARDS OF 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 $130,793,775

Investment Income $520,510

Other Revenue $0

TOTAL REVENUE $131,314,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,417,022

Fundraising Expenses $0

Program Expenses $131,314,285

Other Expenses $127,700,790

TOTAL EXPENSES $131,314,285

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,314,285	$130,149,643	+0.0%
Expenses	$131,314,285	$130,149,643	+0.0%
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

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

$615,121

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE NETTLES	CEO	40.00	Officer	$494,811	$120,310	$615,121
JOHN E WINSKIE III	VP - POWER S	40.00	Highest	$360,351	$101,883	$462,234
ART WENDA	VP - FINANCE	40.00	Highest	$247,946	$91,721	$339,667
MATT BRINSON	DIRECTOR	1.00	Director	$0	$0	$0
GREG BROUILET	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS CASSOTTA	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS FETTES	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE GOSSAGE	DIRECTOR	1.00	Director	$0	$0	$0
TONY GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
JANET GRIMSLEY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
STAN HILLIS	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HOLT	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN HULSEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN H BENNETT JR	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
CAREY LOCKE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LONG	DIRECTOR	1.00	Director	$0	$0	$0
LAVANDA LYNN	CHAIRMAN	3.00	Officer Director	$0	$0	$0
LAURA MCGEE	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MURPHY	SEC. / TREAS	2.00	Officer Director	$0	$0	$0
OPHELIA MCCAIN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE MCLENDON	DIRECTOR	1.00	Director	$0	$0	$0
FRED MCWHORTER	DIRECTOR	1.00	Director	$0	$0	$0
TODD PAYNE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH RACKLEY	DIRECTOR	1.00	Director	$0	$0	$0
KAY H REED	DIRECTOR	1.00	Director	$0	$0	$0
TIM REGISTER	DIRECTOR	1.00	Director	$0	$0	$0
LEWIS SHEFFIELD	DIRECTOR	1.00	Director	$0	$0	$0
RENE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
TONY TUCKER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WASSON	DIRECTOR	1.00	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	$131,314,285	$131,314,285	$61,326,370	No data
2023	$130,149,643	$130,149,643	$64,553,715	No data
2022	$212,173,835	$212,173,835	$83,974,812	No data
2021	$159,842,446	$159,842,446	$47,040,417	No data
2020	$196,327,559	$196,327,559	$50,810,725	No data
2019	$194,763,477	$194,763,477	$58,136,463	No data
2018	$176,993,796	$176,993,796	$55,694,865	No data

GEORGIA ENERGY COOPERATIVE