TALLAPOOSA RIVER ELECTRIC COOP INC (EIN 630205975) - 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

1939

Legal Domicile

Principal Officer

LEWIS WARD

Phone

3348649331

Tax Period

2025-01-01 to 2025-12-31

TALLAPOOSA RIVER ELECTRIC COOP INC, founded in 1939, is a mid-sized nonprofit that reported $64.2M in total revenue in fiscal year 2018. Expenses of $59.4M left a modest 7% surplus.

Mission

TO PROVIDE DEPENDABLE ELECTRIC SERVICE AT THE LOWEST POSSIBLE COST.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $87,359,604

Investment Income $1,530,148

Other Revenue $121,300

TOTAL REVENUE $89,011,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $775,205

Fundraising Expenses $0

Other Expenses $78,726,004

TOTAL EXPENSES $82,251,025

Year-over-Year Comparison

	2025	2024	Change
Revenue	$89,011,052	$84,241,671	+0.1%
Expenses	$82,251,025	$77,402,302	+0.1%
Net Income	$6,760,027	$6,839,369	0.0%

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

$457,938

Total Directors

$145,594

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEWIS WARD	GENERAL MANA	50.00	Officer	$292,146	$93,126	$385,272
PARKER GOODMAN	MGR ENGINEER	40.00	Highest	$179,427	$70,480	$249,907
WANDA ELLIOTT	MGR OF CONSU	55.00	Highest	$158,038	$61,438	$219,476
JEFF DODGEN	TRUSTEE	5.00	Director	$31,965	$0	$31,965
CB PARKER JR	VICE PRESIDE	5.00	Officer Director	$30,869	$0	$30,869
BRUCE BOSWELL	SEC/TREAS	6.00	Officer Director	$25,661	$0	$25,661
ANN PARKMAN	TRUSTEE	4.00	Director	$22,657	$0	$22,657
PHILLIP BRYANT	TRUSTEE	7.00	Director	$18,306	$0	$18,306
JOHN ADCOCK	PRESIDENT	6.00	Officer Director	$16,136	$0	$16,136

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	$89,011,052	$82,251,025	$197,880,142	$6,760,027
2024	$84,241,671	$77,402,302	$185,854,726	$6,839,369
2023	$77,402,308	$72,464,862	$177,963,443	$4,937,446
2022	$70,999,867	$70,347,362	$165,911,933	$652,505
2021	$67,226,367	$63,011,397	$158,537,787	$4,214,970
2020	$62,737,764	$59,735,017	$153,212,772	$3,002,747
2019	$64,003,298	$62,696,721	$144,468,779	$1,306,577
2018	$64,163,322	$59,418,568	$141,501,309	$4,744,754

TALLAPOOSA RIVER ELECTRIC COOP INC