ARKANSAS ELECTRIC ENERGY CONSUMERS… - Form 990 Financial Data

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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

1999

Legal Domicile

Principal Officer

GARRETT KENT

Phone

5015803291

Tax Period

2023-01-01 to 2023-12-31

ARKANSAS ELECTRIC ENERGY CONSUMERS INC, founded in 1999, is a small nonprofit in the Mutual Benefit sector that reported $148K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $42K, a strong 29% operating margin.

Mission

THE PRIMARY PURPSES OF THE ARKANSAS ELECTRIC ENERGY CONSUMERS, INC. IS TO PROVIDE JOINT RESOURCES IN ORDER TO HAVE EFFECTIVE REPRESENTATION BEFORE VARIOUS STATE AND FEDERAL REGULATORY AGENCIES IN ORDER THAT THEIR INTERESTS ARE EFFECTIVELY REPRESENTED. THE POOLING OF RESOURCES ALLOWS THE MEMBERS TO HAVE A MORE EFFECTIVE REPRSENTATION BEFORE THESE AGENCIES.

Program Service Accomplishments

Program 1

Expenses: $6,425

REPRESENTATION OF INDUSTRIAL ELECTRIC ENERGY CONSUMERS BEFORE VARIOUS STATE AND FEDERAL REGULATORY AGENCIES AND PROMOTIONAL OF ELECTIC CONSUMER'S INTERESTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $147,700

Investment Income $5

Other Revenue $0

TOTAL REVENUE $147,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,425

Other Expenses $105,257

TOTAL EXPENSES $105,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	$147,705	$164,823	-0.1%
Expenses	$105,257	$145,469	-0.3%
Net Income	$42,448	$19,354	+1.2%

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

N/A

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
GARRETT KENT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
STEVE CAVER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MCGILTON	DIRECTOR	1.00	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
2023	$147,705	$105,257	$123,463	$42,448
2022	$164,823	$145,469	$81,015	$19,354
2021	$236,192	$214,417	$61,661	$21,775
2020	$151,602	$200,803	$39,886	$-49,201
2019	$176,885	$174,113	$89,087	$2,772
2018	$122,224	$254,976	$86,315	$-132,752

ARKANSAS ELECTRIC ENERGY CONSUMERS INC