Lincoln Electric Cooperative Inc (EIN 810228361) - 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

1948

Legal Domicile

Principal Officer

Matthew Quinn

Phone

4068893301

Tax Period

2023-01-01 to 2023-12-31

Lincoln Electric Cooperative Inc, founded in 1948, is a mid-sized nonprofit that reported $15.3M in total revenue in fiscal year 2023. Expenses of $14.1M left a modest 8% surplus.

Mission

Lincoln Electric Cooperative, Inc. is an electric distribution cooperative established to provide electrical power and services to over 4,600 members located in portions of Lincoln and Flathead counties of Montana.

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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 $0

Program Service Revenue $13,490,599

Investment Income $146,647

Other Revenue $1,625,795

TOTAL REVENUE $15,263,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,132,347

Fundraising Expenses $0

Other Expenses $8,436,524

TOTAL EXPENSES $14,053,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,263,041	$14,792,877	+0.0%
Expenses	$14,053,592	$13,616,655	+0.0%
Net Income	$1,209,449	$1,176,222	+0.0%

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

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

$783,335

Total Directors

$72,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Telly Stanger	General Manager	42.00	Officer	$297,711	$62,953	$360,664
Stanley Williams	Mgr of Ops & Engin	42.00		$144,659	$66,573	$211,232
Kylie Larson	Interim GM	42.00	Officer	$141,053	$59,348	$200,401
Mark Stark	Engineer	42.00		$135,555	$61,369	$196,924
Michelle Wilbur	CFO	42.00	Officer	$131,813	$60,232	$192,045
Ed Sutherland	Foreman	45.00		$143,164	$46,988	$190,152
Ryan Cameron	Lineman	44.00		$133,535	$43,954	$177,489
Brendan Nichols	Lineman	45.00		$133,895	$41,191	$175,086
Marianne Roose	Trustee	3.00	Director	$17,325	$0	$17,325
Tina Taurman	President	4.00	Officer Director	$16,425	$0	$16,425
Sandra Mason	Secre/Treasurer	2.00	Officer Director	$8,550	$0	$8,550
Rick Peterson	Trustee	1.00	Director	$7,800	$0	$7,800
Ethel White	Trustee	1.00	Director	$6,825	$0	$6,825
Myra Appel	Trustee	1.00	Director	$6,300	$0	$6,300
Rebecca Evins	Vice President	1.00	Officer Director	$3,450	$0	$3,450
Joel Graves	Trustee	1.00	Director	$3,300	$0	$3,300
Michael Garner	Secre/Treasurer	2.00	Officer Director	$1,800	$0	$1,800
Rodney Kane	Trustee	1.00	Director	$750	$0	$750

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	$15,263,041	$14,053,592	$38,525,613	$1,209,449
2022	$14,792,877	$13,616,655	$35,721,236	$1,176,222
2021	$13,555,584	$12,038,857	$34,126,158	$1,516,727
2020	$13,496,900	$12,393,780	$31,260,524	$1,103,120
2019	$11,872,869	$11,404,608	$30,926,206	$468,261
2018	$11,425,204	$11,107,730	$28,504,572	$317,474

Lincoln Electric Cooperative Inc