Gulf Coast Power Association Inc (EIN 760243519) - 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

1987

Legal Domicile

Principal Officer

Barbara Clemenhagen

Phone

5126706702

Tax Period

2024-01-01 to 2024-12-31

Gulf Coast Power Association Inc, founded in 1987, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $611K, a strong 27% operating margin.

Mission

Gulf Coast Power Association's mission is to promote an improved understanding of issues and opportunities impacting contemporary power markets.

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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 $18,000

Program Service Revenue $2,230,832

Investment Income $39,250

Other Revenue $1,000

TOTAL REVENUE $2,289,082

Expense Breakdown

Grants Paid $68,300

Salaries & Benefits $817,190

Fundraising Expenses $0

Other Expenses $792,281

TOTAL EXPENSES $1,677,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,289,082	$1,988,065	+0.2%
Expenses	$1,677,771	$1,310,598	+0.3%
Net Income	$611,311	$677,467	-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

$416,970

Total Directors

$160,737

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimberly Casey	Exec Director	40.00	Officer	$247,856	$8,377	$256,233
Mary Armstrong	Dep Exec Dir	40.00		$163,967	$20,533	$184,500
Barbara Clemenhagen	Sec/Exec Dir	40.00	Officer Director	$156,317	$4,420	$160,737
Beth Garza	President	2.00	Officer Director	$0	$0	$0
Brian Lloyd	Vice President	2.00	Officer Director	$0	$0	$0
Donna Benefield	Secretary	2.00	Officer Director	$0	$0	$0
Mark Egan	Treasurer	2.00	Officer Director	$0	$0	$0
Tom Anson	Director	1.00	Director	$0	$0	$0
James Barkley	Director	1.00	Director	$0	$0	$0
Rebecca Bollenbach	Director	1.00	Director	$0	$0	$0
Daryl Brown	Director	1.00	Director	$0	$0	$0
Katie Coleman	Director	1.00	Director	$0	$0	$0
Mark Dreyfus	Director	1.00	Director	$0	$0	$0
Keith Emery	Director	1.00	Director	$0	$0	$0
Paul Schulze	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	$2,289,082	$1,677,771	$2,385,957	$611,311
2023	$1,988,065	$1,310,598	$1,765,026	$677,467
2022	$1,600,607	$1,218,743	$1,091,213	$381,864
2021	$742,778	$665,718	$712,895	$77,060
2020	$733,161	$708,132	$634,839	$25,029
2019	$1,267,136	$1,214,784	$459,909	$52,352
2018	$1,110,171	$1,190,268	$407,555	$-80,097

Gulf Coast Power Association Inc