Daviess-martin County Rural Telephone Corporation
Nonprofit profile at a glance
- EIN
- 350855641
- IRS 990 coverage
- 2012–2015
- Forms available
- Form 990 2015
- Location
- Montgomery, IN, USA
- Phone
- 8124863211
- Rating confidence
- Limited
Reported finances
- Revenue
- $7,437,515
- Expenses
- $5,958,884
- Assets
- $24,625,737
- Liabilities
- $775,559
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CURTIS HORNADAY (PRESIDENT)
- DAVID REDMAN (VICE PRESIDENT)
- JOHN STEINER (FORMER PRESIDENT)
Highest reported compensation
- STEVE BARTLETT (FORMER GM): $98,295 total reported compensation
- DAVE FRIGEN (EXECUTIVE V.P.): $73,836 total reported compensation
- DAVID REDMAN (VICE PRESIDENT): $9,075 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide telecommunications, internet and video services to patrons on a non-profit basis.
What it reported doing in 2015
The company provides telecommunications, internet and video services to over 2,800 patrons on a non-profit basis.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 86
- Sustainability: 81
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.9%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 4.13; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.9% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 6 of 6 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $98K · 9 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2012 to 2015
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 9 not reported.