Spruce Knob Seneca Rocks Telephone Inc

Nonprofit profile at a glance

EIN
237398391
IRS 990 coverage
2010–2015
Forms available
Form 990 2015
Location
Riverton, WV, USA
Phone
3045672121
Rating confidence
Limited

Official website

Reported finances

Revenue
$3,420,037
Expenses
$3,823,401
Assets
$9,084,789
Liabilities
$7,895,932

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

11 people listed

Highest reported compensation

  • Vickie Colaw (General Manager): $91,756 total reported compensation
  • Sarah Harper-Nottingham (Accountant): $79,575 total reported compensation
  • Ivan Sonny O'Neil (Director): $1,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Spruce Knob Seneca Rocks Telephone, Inc. is a not-for-profit telephone cooperative dedicated to providing communication services, along with related facilities, to its subscriber members at the lowest possible cost that is consistent with sound economic principals, honest and innovated management practices along with a strong commitment to excellent service.

What it reported doing in 2015

Utilizing approximately 475 miles of aerial and buried cable and fiber, Spruce Knob Seneca Rocks Telephone, Inc. provided a variety of telecommunication services to its members.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program 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: 91
  • Accountability: 100
  • Sustainability: 33
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 4th 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: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.8%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 2.38; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.87; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 6.6% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: -3.8% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $92K · 11 people listed
  • Highest-paid contractors: 4 contractors listed · $2.8M reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2010 to 2015
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.