BAILEY COUNTY ELECTRIC COOPERATIVE ASSOCIATION (EIN 750124533) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

DAVID MARRICLE

Phone

8062724504

Tax Period

2023-01-01 to 2023-12-31

BAILEY COUNTY ELECTRIC COOPERATIVE ASSOCIATION, founded in 1938, is a mid-sized nonprofit that reported $37.8M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

TO PROVIDE ELECTRIC POWER TO RURAL AREAS AT COST ON A COOPERATIVE BASIS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $37,521,775

Investment Income $297,299

Other Revenue $7,392

TOTAL REVENUE $37,826,466

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $4,323,262

Fundraising Expenses $0

Other Expenses $30,896,451

TOTAL EXPENSES $37,301,466

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,826,466	$43,773,512	-0.1%
Expenses	$37,301,466	$43,773,512	-0.1%
Net Income	$525,000	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$285,833

Total Directors

$166,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH HICKS	CHAIRMAN	5.10	Officer Director	$26,110	$0	$26,110
GREG WELCH	VICE CHAIRMAN	1.60	Officer Director	$13,113	$0	$13,113
JERRY NICHOLS	SECRETARY/TREASURER	1.40	Officer Director	$25,310	$0	$25,310
RONNIE ALTMAN	DIRECTOR	1.60	Director	$25,310	$0	$25,310
RONNIE BARRETT	DIRECTOR	1.40	Director	$25,310	$0	$25,310
LARRY CLAWSON	DIRECTOR	1.30	Director	$24,910	$0	$24,910
KEITH LAYTON	DIRECTOR	2.20	Director	$26,110	$0	$26,110
DAVID MARRICLE	PRESIDENT/CEO	48.00	Officer	$168,145	$53,155	$221,300
KIM BLACK	TECH. SERV. & SAFETY SUPERINTENDENT	40.00	Highest	$119,763	$77,827	$197,590
RUTH LANCE	OFFICE MANAGER	40.00	Highest	$116,940	$84,078	$201,018
JAMES MARRICLE	ENGINEERING SUPERINTENDENT	40.00	Highest	$114,527	$25,467	$139,994
CHARLES SMITH	ENGINEERING CONSULTANT	40.00	Highest	$113,689	$48,322	$162,011
JOHN VILLALOBOS	SERVICEMAN	46.00	Highest	$116,866	$26,211	$143,077

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	$37,826,466	$37,301,466	$97,666,210	$525,000
2022	$43,773,512	$43,773,512	$98,320,308	No data
2021	$39,668,293	$39,038,401	$97,646,615	$629,892
2020	$36,800,997	$34,361,785	$95,983,422	$2,439,212
2019	$31,519,739	$30,462,816	$93,867,998	$1,056,923
2018	$31,573,513	$31,261,731	$91,064,255	$311,782

BAILEY COUNTY ELECTRIC COOPERATIVE ASSOCIATION