MUNICIPAL ELECTRIC SYSTEMS OF OK

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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

1971

Legal Domicile

Principal Officer

TOM RIDER

Tax Period

2022-07-01 to 2023-06-30

MUNICIPAL ELECTRIC SYSTEMS OF OK, founded in 1971, is a small nonprofit in the Public & Societal Benefit sector that reported $447K in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $428K left a modest 4% surplus.

Mission

TRAINING AND TESTING MEMBERS

Program Service Accomplishments

Program 1

Expenses: $427,982

JOB TRAINING AND SAFETY PROGRAM PROIVDES ANNUAL TRAINING FOR EMPLOYEES OF MEMBER ENTITIES FOR SAFE EQUIPMENT OPERATIONS BY OSHA STANDARDS. ALSO, LOCAL GOVERNMENT TESTING CONSORTIUM PROVIDES DRUG...

JOB TRAINING AND SAFETY PROGRAM PROIVDES ANNUAL TRAINING FOR EMPLOYEES OF MEMBER ENTITIES FOR SAFE EQUIPMENT OPERATIONS BY OSHA STANDARDS. ALSO, LOCAL GOVERNMENT TESTING CONSORTIUM PROVIDES DRUG TESTING FOR RURAL AREA MUNICIPAL EMPLOYEES IN ORDER TO MEET DOT REGULATIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $266,265

Program Service Revenue $178,145

Investment Income $2,232

Other Revenue $355

TOTAL REVENUE $446,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $427,982

Other Expenses $427,982

TOTAL EXPENSES $427,982

Year-over-Year Comparison

	2022	2021	Change
Revenue	$446,997	$366,637	+0.2%
Expenses	$427,982	$384,944	+0.1%
Net Income	$19,015	$-18,307	-2.0%

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

N/A

Volunteers

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
JARED CRISP	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
BRETT GRIFFIN	SECRETARYTREASURER	0.00	Officer Director	$0	$0	$0
TYLER CLINE	PRESIDENT	0.00	Officer Director	$0	$0	$0
LOREN SMITH	PRESIDENT ELECT	0.00	Officer Director	$0	$0	$0
CHERYL A ADAMS	ASST GENERAL MANAGER	20.00	Officer	$0	$0	$0
DEBORAH MINER-GONZALES	ADMINISTRATION	8.00	Officer	$0	$0	$0
TOM RIDER	GENERAL MANAGER	40.00	Officer	$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	No data	No data	No data	No data
2023	$446,997	$427,982	$552,223	$19,015
2022	$366,637	$384,944	$557,267	$-18,307
2021	$373,930	$339,269	$619,508	$34,661
2020	$382,363	$368,287	$712,448	$14,076
2019	$397,927	$374,819	$707,475	$23,108