BRAZOS SANDY CREEK ELECTRIC COOPERATIVE INC C/O JSN BANKRUPTCY TRUSTEE (EIN 870806881) - 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

2007

Legal Domicile

Principal Officer

CLIFTON KARNEI

Phone

7137282826

Tax Period

2023-01-01 to 2023-12-31

BRAZOS SANDY CREEK ELECTRIC COOPERATIVE INC C/O JSN BANKRUPTCY TRUSTEE, founded in 2007, is a major nonprofit that reported $180.7M in total revenue in fiscal year 2023. The organization ran a surplus of $175.5M, a strong 97% operating margin.

Mission

TO PROVIDE VALUED SERVICE TO OUR MEMBERS AND CUSTOMERS BY GENERATING RELIABLE POWER AT THE LOWEST COST.

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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 $0

Investment Income $0

Other Revenue $180,725,695

TOTAL REVENUE $180,725,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,268,319

TOTAL EXPENSES $5,268,319

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,725,695	$-187,012,229	-2.0%
Expenses	$5,268,319	$77,834,725	-0.9%
Net Income	$175,457,376	$-264,846,954	-1.7%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEE VARIOUS DISCLOSURES	ON SCHEDULE O	0.0	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	$180,725,695	$5,268,319	No data	$175,457,376
2022	$-187,012,229	$77,834,725	$129,146,693	$-264,846,954
2021	$90,167,263	$88,889,186	$476,133,566	$1,278,077
2020	$79,469,345	$79,469,345	$489,392,234	No data
2019	$85,594,536	$85,594,536	$502,037,952	No data
2018	$89,611,650	$89,611,650	$514,774,735	No data

BRAZOS SANDY CREEK ELECTRIC COOPERATIVE INC C/O JSN BANKRUPTCY TRUSTEE