BIG SANDY RURAL ELECTRIC COOPERATIVE CORPORATION

EIN: 610133681

PAINTSVILLE, KY

Total Revenue
$31,345,819
Total Expenses
$31,345,819
Total Assets
$68,328,683
Net Assets
$29,778,103
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
KY
Principal Officer
JEFFREY PRATER
Phone
6067894095
Tax Period
2025-01-01 to 2025-12-31

BIG SANDY RURAL ELECTRIC COOPERATIVE CORPORATION, founded in 1936, is a mid-sized nonprofit that reported $31.3M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 12,533 CONSUMERS MONTHLY.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $208,366
Program Service Revenue $29,588,642
Investment Income $356,678
Other Revenue $1,192,133
TOTAL REVENUE $31,345,819

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $5,237,777
Fundraising Expenses $0
Program Expenses $31,345,820
Other Expenses $25,731,598
TOTAL EXPENSES $31,345,819

Year-over-Year Comparison

2025 2024 Change
Revenue $31,345,819 $27,773,700 +0.1%
Expenses $31,345,819 $27,773,700 +0.1%
Net Income $0 $0 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

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Governance

Voting Members
7
Independent Members
7
Employees
46
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
5
$387,224
Total Directors
7
$106,263
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANNY WALLEN CHAIRMAN 4.50
Officer Director
$17,846 $0 $17,846
GREG DAVIS VICE CHAIRMAN 4.50
Officer Director
$16,344 $0 $16,344
JAMES VANHOOSE SEC-TREAS 4.50
Officer Director
$13,935 $0 $13,935
JIMMIE MCKENZIE DIRECTOR 4.50
Director
$14,235 $0 $14,235
GARY FRANCIS DIRECTOR 4.50
Director
$15,979 $0 $15,979
JASON HOLBROOK DIRECTOR 4.50
Director
$14,081 $0 $14,081
VELMA MAY DIRECTOR 4.50
Director
$13,843 $0 $13,843
JEFFERY PRATER PRESIDENT/GEN MGR 40.00
Officer
$131,935 $65,265 $197,200
SANDRA SHEPHERD OFFICE MANAGER 40.00
Officer
$89,932 $51,967 $141,899
JOHN HARRISON LINEMAN 40.00
Highest
$179,529 $25,990 $205,519
WILLIAM JARRELL CREW LEADER 40.00
Highest
$121,388 $26,312 $147,700
JAMES CAUDILL LINEMAN 40.00
Highest
$124,207 $14,608 $138,815
JARED PATRICK LINEMAN 40.00
Highest
$117,406 $33,067 $150,473
CHRISTOPHER PRATER LINEMAN 40.00
Highest
$112,996 $14,838 $127,834
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 $31,345,819 $31,345,819 $68,328,683 No data
2024 No data No data No data No data
2023 $27,536,817 $27,536,817 $64,568,724 No data
2022 $30,032,172 $30,032,172 $64,233,203 No data
2021 $25,641,009 $25,641,009 $64,893,563 No data
2020 $24,085,808 $24,085,808 $62,299,520 No data
2019 $25,219,565 $25,219,565 $54,715,985 No data
2018 $26,201,315 $26,201,315 $54,360,259 No data
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