MOUNTAIN ELECTRIC COOPERATIVE INC (EIN 620301937) - 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

1941

Legal Domicile

Principal Officer

Amber Bumgardner

Phone

4237271960

Tax Period

2024-07-01 to 2025-06-30

MOUNTAIN ELECTRIC COOPERATIVE INC, founded in 1941, is a mid-sized nonprofit that reported $74.1M in total revenue in fiscal year 2024.

Mission

Distribution of Electricity

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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 $72,224,228

Investment Income $136,907

Other Revenue $1,711,275

TOTAL REVENUE $74,072,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,455,868

Other Expenses $80,455,868

TOTAL EXPENSES $80,455,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,072,410	$71,599,601	+0.0%
Expenses	$80,455,868	$70,093,367	+0.1%
Net Income	$-6,383,458	$1,506,234	-5.2%

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

103

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

$71,504

Key Employees

$250,565

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rodney Metcalf	General Manager	40	Highest	$266,513	$0	$266,513
Steven Bishop	Director of Engineering	40	Key Emp	$138,990	$0	$138,990
Jonathan Kyle Holtsclaw	District Manager	40	Key Emp	$111,575	$0	$111,575
Bruce Lacey	Trustee	2.13	Director	$12,891	$0	$12,891
W O Hampton	Secretary Treasurer	4.67	Director	$12,779	$0	$12,779
Vickie Davidson	Trustee	2.29	Director	$8,651	$0	$8,651
Ronnie Townson	Trustee	1.63	Director	$8,540	$0	$8,540
David Ellis	President	1.85	Director	$8,351	$0	$8,351
Robert Heck	Trustee	1.13	Director	$8,240	$0	$8,240
David Atwood	Trustee	1.83	Director	$7,940	$0	$7,940
Harry Smith	Trustee	1.21	Director	$2,712	$0	$2,712
Danny Harmon	Trustee	6	Director	$1,400	$0	$1,400

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	$74,072,410	$80,455,868	$155,709,630	$-6,383,458
2024	$71,599,601	$70,093,367	$143,099,743	$1,506,234
2023	$72,876,656	$69,545,506	$129,775,233	$3,331,150
2022	$66,777,111	$63,542,940	$121,686,166	$3,234,171
2021	$62,750,809	$58,179,883	$115,037,060	$4,570,926

MOUNTAIN ELECTRIC COOPERATIVE INC