TEXAS STATEWIDE TELEPHONE COOPERATIVE INC (EIN 751438809) - Form 990 Financial Analysis & Trantor Score

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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

1952

Legal Domicile

Principal Officer

ALLEN HYER

Phone

5123432587

Tax Period

2023-01-01 to 2023-12-31

TEXAS STATEWIDE TELEPHONE COOPERATIVE INC, founded in 1952, is a small nonprofit that reported $645K in total revenue in fiscal year 2023. Expenses of $724K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE EDUCATION AND CONSULTING SERVICES REGARDING TELECOM ISSUES AFFECTING OUR MEMBERS.

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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 $20,726

Program Service Revenue $617,820

Investment Income $1,070

Other Revenue $5,112

TOTAL REVENUE $644,728

Expense Breakdown

Grants Paid $700

Salaries & Benefits $111,858

Fundraising Expenses $0

Other Expenses $611,145

TOTAL EXPENSES $723,703

Year-over-Year Comparison

	2023	2022	Change
Revenue	$644,728	$676,066	0.0%
Expenses	$723,703	$682,923	+0.1%
Net Income	$-78,975	$-6,857	+10.5%

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
ALLEN HYER	PRESIDENT	1.00	Officer Director	$0	$0	$0
RILEY ABBOTT	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
LONNIE RUE	SECRETARY/TREASURER	1.30	Officer Director	$0	$0	$0
MARK WASHINGTON	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM WHITTEN	DIRECTOR	0.30	Director	$0	$0	$0
PATRICK SHERRILL	DIRECTOR	0.50	Director	$0	$0	$0
RODNEY HACKEMACK	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
2024	No data	No data	No data	No data
2023	$644,728	$723,703	$112,310	$-78,975
2022	$676,066	$682,923	$192,030	$-6,857
2021	$730,887	$937,503	$262,384	$-206,616
2020	$759,887	$1,069,532	$416,847	$-309,645
2019	$1,272,925	$1,329,052	$889,876	$-56,127
2018	$1,323,756	$1,334,864	$791,941	$-11,108

TEXAS STATEWIDE TELEPHONE COOPERATIVE INC