Electra Service Corporation

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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

1974

Legal Domicile

Phone

4904954311

Tax Period

2024-01-01 to 2024-12-31

Electra Service Corporation, founded in 1974, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $223K in total revenue in fiscal year 2024.

Mission

Electra Service Corporation provides a nutritious lunch five days per week to elderly and or disabled persons in a congregate dining room or through home delivery; the corporation also provides transportation to doctor appointments pharmacy and other purposes

Program Service Accomplishments

Program 1

Expenses: $131,736 Revenue: $13,027

Home delivered meals for 80-90 people per day

Program 2

Expenses: $65,709 Revenue: $30,310

Congregate meals for 30-40 people per day

Program 3

Expenses: $23,960 Revenue: $2,655

Transportation for 2-3 persons per day for medical dental pharmacy and other purposes

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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 (2024)

Revenue Breakdown

Contributions & Grants $64,675

Program Service Revenue $157,973

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,218

Fundraising Expenses $0

Program Expenses $221,405

Other Expenses $153,187

TOTAL EXPENSES $221,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,648	$222,743	0.0%
Expenses	$221,405	$221,405	N/A
Net Income	$1,243	$1,338	-0.1%

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

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
Robert W Lee	Board Member	12.00	Director	$0	$0	$0
Carol Bourland	Board Member	2.00	Director	$0	$0	$0
Dennis Hoff	Board Member	2.00	Director	$0	$0	$0
Claudia Mink	Board Member	2.00	Director	$0	$0	$0
Curtis Warner	Board Member	2.00	Director	$0	$0	$0
Darlene K Simpson	Board Member	2.00	Director	$0	$0	$0
Judith Carroll	Secretary Treasurer	2.00	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
2024	$222,648	$221,405	$1,338	$1,243