Socorro Electric Foundation
Socorro, New Mexico
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$147K
Total Revenue
📊
$82K
Total Expenses
🏦
$518K
Net Assets
📋
$1
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+1246.8%
Year-over-year change (2022 → 2023)
Net Margin
+44.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.33
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $146,763↑1247% | $81,778↑17% | $517,597↑20% | |
| 2022 | $10,897↓20% | $69,996↓12% | $430,706↓20% | — |
| 2021 | $13,571↓95% | $79,263↑43% | $536,958↓10% | — |
| 2020 | $260,473↑48405% | $55,572↑26% | $597,048↑55% | — |
| 2019 | $537↓99% | $44,237↑94% | $385,171↑63% | — |
| 2015 | $36,463↑278% | $22,839↓18% | $236,281↑6% | — |
| 2014 | $9,646↓84% | $27,844↓10% | $222,657↓8% | — |
| 2013 | $60,317↓62% | $30,972↑310% | $240,855↑14% | — |
| 2012 | $159,314↑5362% | $7,552↓40% | $211,510↑254% | — |
| 2011 | $2,917 | $12,593 | $59,748 | — |
Frequently Asked Questions
What does Socorro Electric Foundation do?▼
Socorro Electric Foundation is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Socorro Electric Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Socorro Electric Foundation.
How much revenue does Socorro Electric Foundation generate?▼
Revenue data for Socorro Electric Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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