CITIZENS FOR LOWER ELECTRIC RATES INC (EIN 853028083) - 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

2020

Legal Domicile

Principal Officer

MICHAEL HIGHTOWER

Phone

8132543369

Tax Period

2023-01-01 to 2023-12-31

CITIZENS FOR LOWER ELECTRIC RATES INC, founded in 2020, is a small nonprofit that reported $134K in total revenue in fiscal year 2023.

Mission

OPPOSING PROPOSED GOVERNMENTAL POLICIES AND REGULATORY OR ADMINISTRATIVE ACTIONS THAT HAVE THE POTENTIAL TO INCREASE ELECTRIC RATES.

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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 $134,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $134,000

Expense Breakdown

Grants Paid $51,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,574

Other Expenses $94,165

TOTAL EXPENSES $145,165

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,000	N/A	N/A
Expenses	$145,165	$746,114	-0.8%
Net Income	$-11,165	$-746,114	-1.0%

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

N/A

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

$24,000

Total Directors

$24,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HIGHTOWER	PRESIDENT	10.00	Officer Director	$12,000	$0	$12,000
JOHN THOMAS HERNDON	SECRETARY	10.00	Officer Director	$12,000	$0	$12,000
NANCY H WATKINS	TREASURER	10.00	Officer 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
2023	$134,000	$145,165	$5,421	$-11,165
2022	No data	$746,114	$16,586	No data
2021	$1,238,859	$1,597,604	$762,700	$-358,745
2020	$1,121,445	No data	$1,121,445	No data

CITIZENS FOR LOWER ELECTRIC RATES INC