BIG FLAT ELECTRIC COOPERATIVE INC (EIN 810217772) - 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

1946

Legal Domicile

Principal Officer

GRETCHEN BOARDMAN

Phone

4066542040

Tax Period

2025-01-01 to 2025-12-31

BIG FLAT ELECTRIC COOPERATIVE INC, founded in 1946, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2025. Expenses of $3.9M left a modest 8% surplus.

Mission

RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICITY AND UTILITY SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN RURAL MONTANA.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,997,339

Investment Income $80,805

Other Revenue $201,175

TOTAL REVENUE $4,279,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $362,816

Fundraising Expenses $0

Other Expenses $3,452,914

TOTAL EXPENSES $3,937,735

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,279,319	$4,182,303	+0.0%
Expenses	$3,937,735	$3,752,601	+0.0%
Net Income	$341,584	$429,702	-0.2%

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

$409,252

Total Directors

$39,564

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER SOLBERG	VICE PRESIDENT	4.00	Officer Director	$6,642	$0	$6,642
PATTY QUISNO	DIRECTOR	4.00	Director	$4,100	$0	$4,100
ALAN WASSON	DIRECTOR	5.00	Director	$9,350	$0	$9,350
BETTY CAMPBELL	DIRECTOR	3.00	Director	$1,525	$0	$1,525
DUANE KLINDWORTH	DIRECTOR	4.00	Director	$4,380	$0	$4,380
ALAN VAN VOAST	SECRETARY	4.00	Officer Director	$4,392	$0	$4,392
KEVIN KOSS	PRESIDENT	5.00	Officer Director	$7,700	$0	$7,700
WARREN MORIN	DIRECTOR	4.00	Director	$1,475	$0	$1,475
KARI ELLETSON	OFFICE SUPERVISOR	40.00	Officer	$103,597	$46,170	$149,767
GRETCHEN BOARDMAN	GENERAL MANGER	40.00	Officer	$215,808	$24,943	$240,751
DARREN DEMARAIS	OPERATION SUPERVISOR	40.00	Highest	$114,596	$40,559	$155,155
JOE HOULD	LINEMAN	40.00	Highest	$106,117	$46,710	$152,827
ROSS HASLER	LINEMAN	40.00	Highest	$109,441	$46,415	$155,856
LEIF SORENSON	LINEMAN	40.00	Highest	$109,468	$46,134	$155,602
BRENDEN JOHNSON	LINEMAN	40.00	Highest	$114,836	$30,262	$145,098

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
2025	$4,279,319	$3,937,735	$12,423,347	$341,584
2024	No data	No data	No data	No data
2023	$4,133,561	$3,752,427	$11,756,069	$381,134
2022	$4,255,494	$3,824,306	$11,537,185	$431,188
2021	$4,032,926	$3,580,379	$11,111,355	$452,547
2020	$3,920,417	$3,646,014	$10,749,917	$274,403
2019	$3,993,766	$3,590,377	$10,550,488	$403,389
2018	$4,024,207	$3,525,324	$10,395,971	$498,883

BIG FLAT ELECTRIC COOPERATIVE INC