WACO, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)BRAZOS ELECTRIC RATE PAYER HARDSHIP FUND, founded in 2022, is a community nonprofit in the Mutual Benefit sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.7M, a strong 70% operating margin.
THE PRINCIPAL PURPOSE OF THE TRUST IS TO MITIGATE THE IMPACT OF THE FEBRUARY 2021 WINTER STORM URI-RELATED SECURITIZATION CHARGES ON LOW INCOME COOPERATIVE RATEPAYERS OF THE PARTICIPATING 15 BRAZOS ELECTRIC MEMBER COOPERATIVES IN THIS TRUST.
THERE ARE AN ESTIMATED 134,000 POTENTIALLY ELIGIBLE HOUSEHOLDS, BASED ON ELIGIBILITY CRITERIA , IN THE PARTICIPATING MEMBER COOPERATIVES (PMC) SERVICE AREA. CUSTOMERS MAY APPLY FOR THE BENEFITS...
THERE ARE AN ESTIMATED 134,000 POTENTIALLY ELIGIBLE HOUSEHOLDS, BASED ON ELIGIBILITY CRITERIA , IN THE PARTICIPATING MEMBER COOPERATIVES (PMC) SERVICE AREA. CUSTOMERS MAY APPLY FOR THE BENEFITS THROUGH SOLIX, A THIRD PARTY SPECIALIZING IN ELIGIBILITY DETERMINATION, AND THOSE CUSTOMERS DEEMED ELIGIBLE WILL RECEIVE CREDITS FROM THE PMCS ON THEIR MONTHLY INVOICES FOR ELECTRIC SERVICE TO COVER SECURITIZATION CHARGES INCLUDED IN THOSE INVOICES. THE CREDITS ARE FUNDED FROM REIMBURSEMENTS THE HARDSHIP FUND PAYS THE PMCS AFTER THE LOW INCOME CUSTOMERS RECEIVE THE CREDIT ON THEIR BILLS. THE FUND WAS SET UP IN DECEMBER OF 2022 AND BEGAN DISBURSING FUNDS TO THE PMCS IN 2023. DURING 2023 APPROXIMATELY 1,261 PEOPLE RECEIVED BENEFITS.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,373,294 | $140,224,200 | -1.0% |
| Expenses | $723,095 | $61,150 | +10.8% |
| Net Income | $1,650,199 | $140,163,050 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAULA FARQUHAR | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUSSELL YOUNG | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JILL SADBERRY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM BATES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN MEERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUSTIN STAPLETON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET VOTH 123-823 | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN FUHRMANN 1223-1223 | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,373,294 | $723,095 | $143,561,037 | $1,650,199 |
| 2022 | $140,224,200 | $61,150 | $140,224,200 | $140,163,050 |
Compare BRAZOS ELECTRIC RATE PAYER HARDSHIP FUND with other nonprofits in Texas and across the country.