Heart Of Texas Electric Cooperative Inc
Mc Gregor, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $73,385,808↑92% | $73,759,784↑92% | $116,421,421↓3% | — |
| 2022 | $38,245,612↓24% | $38,329,991↓24% | $119,447,821↑10% | — |
| 2021 | $50,473,996↑9% | $50,604,728↑9% | $108,808,693↑7% | — |
| 2020 | $46,318,601↑1% | $46,422,732↑1% | $101,740,976↑2% | — |
| 2019 | $45,742,549↑1% | $45,782,897↑2% | $99,399,700↑1% | — |
| 2018 | $45,109,957↑7% | $45,054,961↑7% | $98,480,499↑6% | — |
| 2017 | $42,126,186↑15% | $42,126,186↑15% | $92,859,608↑10% | — |
| 2016 | $36,652,271↓9% | $36,560,171↓8% | $84,693,602↑2% | — |
| 2015 | $40,397,081↓12% | $39,723,892↓14% | $82,856,050↑5% | — |
| 2014 | $45,709,424↑17% | $46,001,068↑19% | $79,024,894↑5% | — |
| 2013 | $38,907,477↑6% | $38,699,290↑5% | $75,152,760↑8% | — |
| 2012 | $36,788,514↓15% | $36,805,847↓5% | $69,905,415↑2% | — |
| 2011 | $43,295,030 | $38,668,979 | $68,692,294 | — |
Frequently Asked Questions
What does Heart Of Texas Electric Cooperative Inc do?▼
Heart Of Texas Electric Cooperative Inc is a mutual & membership benefit nonprofit organization based in Texas. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heart Of Texas Electric Cooperative Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Heart Of Texas Electric Cooperative Inc has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Heart Of Texas Electric Cooperative Inc generate?▼
Heart Of Texas Electric Cooperative Inc reports $68.7M in annual revenue and holds $118.5M in total assets, based on IRS filings.
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