LOST RIVER ELECTRIC COOPERATIVE INC (EIN 820139694) - 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

1939

Legal Domicile

Phone

2085883311

Tax Period

2024-01-01 to 2024-12-31

LOST RIVER ELECTRIC COOPERATIVE INC, founded in 1939, is a community nonprofit that reported $7.9M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 15% operating margin.

Mission

DISTRIBUTE POWER TO THE LOST RIVER VALLEY.

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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 $0

Program Service Revenue $7,785,827

Investment Income $125,939

Other Revenue $0

TOTAL REVENUE $7,911,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,401,485

Fundraising Expenses $0

Program Expenses $6,687,267

Other Expenses $4,285,782

TOTAL EXPENSES $6,687,267

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,911,766	$6,686,471	+0.2%
Expenses	$6,687,267	$5,603,221	+0.2%
Net Income	$1,224,499	$1,083,250	+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

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

$39,001

Total Directors

$112,642

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD GAMETT	CEO	40.00		$179,085	$123,803	$302,888
DONALD BETZER	OPERATIONS MANAGER	40.00		$136,545	$102,155	$238,700
PATRICK SEEFRIED	HEAD LINEMAN	40.00		$122,995	$95,259	$218,254
LINDA KIMBALL	CONTROLLER	40.00		$122,840	$95,180	$218,020
JOSHUA HAROLDSEN	LINEMAN	40.00		$114,230	$90,799	$205,029
MADDIE MOCETTINI-HANSEN	Secretary	6.00	Officer Director	$13,201	$0	$13,201
RANDY R PURSER	President	6.00	Officer Director	$13,200	$0	$13,200
JAMES D MCKELVEY	Director	6.00	Director	$12,720	$0	$12,720
SUSAN M HARRIS	Vice President	6.00	Officer Director	$12,600	$0	$12,600
TRENT BROWNLEE	Director	6.00	Director	$12,420	$0	$12,420
TRAVIS BUCKWALTER	Director	6.00	Director	$12,361	$0	$12,361
BRET L ZOLLINGER	Director	6.00	Director	$12,240	$0	$12,240
STACY MOORMAN	Director	6.00	Director	$12,000	$0	$12,000
LYNN O ROTHWELL	Director	6.00	Director	$11,900	$0	$11,900

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	$7,911,766	$6,687,267	$12,685,347	$1,224,499
2023	$6,686,471	$5,603,221	$12,259,794	$1,083,250
2022	$7,197,518	$6,119,795	$11,694,914	$1,077,723
2021	$7,381,964	$6,168,270	$11,076,384	$1,213,694
2020	$7,010,717	$6,296,419	$10,398,992	$714,298
2019	$6,306,286	$5,669,508	$10,759,639	$636,778
2018	$6,131,795	$5,570,032	$10,696,212	$561,763

LOST RIVER ELECTRIC COOPERATIVE INC