COLUMBIA POWER COOPERATIVE ASSOCIATION (EIN 930388092) - 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

LISA ATKIN

Phone

5419342311

Tax Period

2024-01-01 to 2024-12-31

COLUMBIA POWER COOPERATIVE ASSOCIATION, founded in 1948, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2024. Expenses of $5.9M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE ELECTRIC POWER FOR 1,078 MEMBERS.

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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 $5,399,955

Investment Income $-850

Other Revenue $-47,316

TOTAL REVENUE $5,351,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,397,686

Fundraising Expenses $0

Other Expenses $3,504,479

TOTAL EXPENSES $5,902,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,351,789	$5,115,740	+0.0%
Expenses	$5,902,165	$5,115,740	+0.2%
Net Income	$-550,376	N/A	N/A

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

$284,042

Total Directors

$41,363

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE RINGERING	FOREMAN	53.00		$232,736	$75,527	$308,263
LISA ATKIN	GENERAL MANAGER	40.00	Officer	$192,237	$76,776	$269,013
MIKE OSBORNE	WORKING FOREMAN	48.00		$193,679	$67,533	$261,212
JACK JEWELL	JORNEYMAN LINEMAN	53.00		$205,932	$49,971	$255,903
ED ANDERSEN	MECHANIC	45.00		$152,503	$86,807	$239,310
GARRETT WARNER	JORNEYMAN LINEMAN	53.00		$207,590	$26,188	$233,778
PAUL WALTON	Director	1.00	Director	$17,433	$0	$17,433
ADAM TEMPLE	President	1.00	Officer Director	$5,918	$0	$5,918
JEFF NEASHAM	Treasurer	1.00	Officer Director	$5,786	$0	$5,786
DAVE HUMPHREYS	Director	1.00	Director	$3,338	$0	$3,338
BRIAN CAMPBELL	Vice President	1.00	Officer Director	$3,325	$0	$3,325
DALLAS NEWTON	Director	1.00	Director	$2,921	$0	$2,921
JUDY WILSON	Director	1.00	Director	$2,642	$0	$2,642

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	$5,351,789	$5,902,165	$22,774,064	$-550,376
2023	$5,115,740	$5,115,740	$23,738,685	No data
2022	$4,946,386	$4,946,386	$23,915,580	No data
2021	$4,761,626	$4,389,278	$24,238,899	$372,348
2020	$4,762,174	$4,490,225	$24,395,716	$271,949
2019	$4,757,263	$4,293,634	$24,776,708	$463,629
2018	$4,672,991	$4,317,741	$24,855,730	$355,250

COLUMBIA POWER COOPERATIVE ASSOCIATION