ARKADELPHIA, AR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTH CENTRAL ARKANSAS ELECTRIC COOPERATIVE INC, founded in 1941, is a mid-sized nonprofit that reported $29.3M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $27.7M left a modest 6% surplus.
ELECTRIC DISTRIBUTION TO MEMBERS AT MINIMAL COST.236,800,037 KWH WERE SOLD TO AN AVERAGE OF 10,583 CONSUMERS.
REVENUE FROM SALES OF ELECTRIC ENERGY IS BILLED TO COVER ONLY AMOUNTS NECESSARY TO PROVIDE ELECTRIC DISTRIBUTION TO OUR MEMBERS, WHICH IS THE BASIS FOR WHICH THE COOPERATIVE IS ORGANIZED AND...
REVENUE FROM SALES OF ELECTRIC ENERGY IS BILLED TO COVER ONLY AMOUNTS NECESSARY TO PROVIDE ELECTRIC DISTRIBUTION TO OUR MEMBERS, WHICH IS THE BASIS FOR WHICH THE COOPERATIVE IS ORGANIZED AND MAINTAINED. REGULATION BY THE ARKANSAS PUBLIC SERVICE COMMISSION ASSURES THAT OUR RATES COVER THE COST OF PROVIDING SERVICE WITHOUT A PLANNED PROFIT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $29,318,440 | $33,518,151 | -0.1% |
| Expenses | $27,652,741 | $33,240,742 | -0.2% |
| Net Income | $1,665,699 | $277,409 | +5.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRIAN KIRKSEY | PRESIDENT | 5.00 |
Officer
Director
|
$11,500 | $21,045 | $32,545 |
| DANNY BUCK | DIRECTOR | 3.00 |
Director
|
$11,000 | $20,607 | $31,607 |
| SCOTT CLARK | VICE-PRESIDENT | 5.00 |
Officer
Director
|
$10,500 | $26,389 | $36,889 |
| TIM TROUT | SECRETARY/TREAS | 5.00 |
Director
|
$14,500 | $19,920 | $34,420 |
| KAREN KIRKPATRICK | SECRETARY/TREAS | 4.00 |
Officer
Director
|
$9,000 | $20,607 | $29,607 |
| RONNIE PENNEY | DIRECTOR | 1.00 |
Director
|
$11,000 | $11,178 | $22,178 |
| RICKY FRANCIS | DIRECTOR | 7.00 |
Director
|
$12,500 | $20,358 | $32,858 |
| SHELLY LOE | DIRECTOR | 3.00 |
Director
|
$14,000 | $25,702 | $39,702 |
| MARK BATSON | DIRECTOR | 5.00 |
Director
|
$8,250 | $0 | $8,250 |
| COLBY WELLS | CHIEF EXECUTIVE OFFICER | 60.00 |
Officer
|
$237,303 | $118,065 | $355,368 |
| JAMIE FARRELL | VP TECHNOLOGY/GM FIBER SUB | 41.00 |
Highest
|
$118,522 | $70,286 | $188,808 |
| AUSTIN WILSON | SERVICEMAN | 55.00 |
Highest
|
$117,321 | $52,624 | $169,945 |
| ALBERT CUMMINGS | LINEMAN | 55.00 |
Highest
|
$112,595 | $38,704 | $151,299 |
| JEREMY LEAMONS | SERVICEMAN | 48.00 |
Highest
|
$100,081 | $52,107 | $152,188 |
| MICHAEL ARMSTRONG | VP OF OPERATIONS | 41.00 |
Highest
|
$106,240 | $64,769 | $171,009 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $29,318,440 | $27,652,741 | $128,109,281 | $1,665,699 |
| 2021 | $35,113,922 | $33,760,981 | $118,999,056 | $1,352,941 |
| 2020 | $29,466,785 | $27,805,108 | $108,210,607 | $1,661,677 |
| 2019 | $28,849,743 | $28,366,918 | $92,927,756 | $482,825 |
| 2018 | $26,610,034 | $25,255,104 | $76,700,457 | $1,354,930 |
Compare SOUTH CENTRAL ARKANSAS ELECTRIC COOPERATIVE INC with other nonprofits in Arkansas and across the country.