VEC CUSTOMERS SHARE INC (EIN 621861476) - 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

HOLLY NEAL

Phone

4233341020

Tax Period

2024-01-01 to 2024-12-31

VEC CUSTOMERS SHARE INC, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $315K in total revenue in fiscal year 2024.

Mission

PROVIDE FUNDING TO CHARITABLE AND COMMUNITY SERVICE ORGANIZATIONS WITHIN THE VOLUNTEER ENERGY COOPERATIVE SERVICE TERRITORY.

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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 $314,615

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $314,615

Expense Breakdown

Grants Paid $291,850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $291,850

Other Expenses $28,800

TOTAL EXPENSES $320,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,615	$330,174	0.0%
Expenses	$320,650	$321,770	0.0%
Net Income	$-6,035	$8,404	-1.7%

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
NORMA BARHAM	CO-CHAIRPERS	1.00	Officer Director	$0	$0	$0
JOYCE CALLAHAN	DIRECTOR	0.20	Director	$0	$0	$0
KELLI CROUCH	DIRECTOR	1.25	Director	$0	$0	$0
RODNEY FOWLER	DIRECTOR	0.50	Director	$0	$0	$0
EDDIE GALLOWAY	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KERLEY	DIRECTOR	1.00	Director	$0	$0	$0
LISA MANTOOTH	SECRETARY/TR	0.60	Officer Director	$0	$0	$0
HOLLY NEAL	CHAIRPERSON	1.05	Officer Director	$0	$0	$0
BARBARA RANDOLPH	DIRECTOR	0.75	Director	$0	$0	$0
BOBBY SCOTT	DIRECTOR	0.25	Director	$0	$0	$0
ROGER THACKSTON	DIRECTOR	1.50	Director	$0	$0	$0
TIM WEST	DIRECTOR	2.00	Director	$0	$0	$0
MARIE WHITTED	CO-SEC/TREAS	1.00	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	$314,615	$320,650	$29,177	$-6,035
2023	$330,174	$321,770	$35,212	$8,404
2022	$333,699	$309,370	$26,808	$24,329
2021	$340,994	$343,270	$2,479	$-2,276
2020	$347,638	$346,097	$4,756	$1,541
2019	$363,668	$368,771	$3,215	$-5,103
2018	$366,112	$361,571	$33,318	$4,541

VEC CUSTOMERS SHARE INC