W โ€” Public & Societal BenefitEIN: 311567464ยท Ruling Year: 1999

Madison Energy Cooperative Association Inc

Canton, Ohio

B-Health Score
48B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$4.4M
Total Revenue
๐Ÿ“Š
$4.4M
Total Expenses
๐Ÿฆ
$88K
Net Assets
๐Ÿ“‹
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.4%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
93.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,352,924$4,352,934$1,373,976โ†‘65%
2022$4,370,569โ†‘22%$4,370,133โ†‘22%$834,510โ†‘3%
2021$3,580,556โ†‘27%$3,581,617โ†‘27%$811,465โ†‘68%
2020$2,827,196โ†“6%$2,829,139โ†“6%$482,396โ†“7%
2019$3,003,422โ†“1%$3,003,077$517,535โ†“24%
2018$3,026,555โ†‘26%$3,015,530โ†‘26%$684,566โ†“4%
2017$2,396,471โ†‘79%$2,383,907โ†‘80%$714,228โ†“7%
2016$1,336,795โ†‘23%$1,327,723โ†‘22%$770,460โ†‘141%
2015$1,087,672โ†“6%$1,084,414โ†“6%$319,654โ†“27%
2014$1,159,821โ†“44%$1,155,690โ†“44%$437,340โ†“10%
2013$2,069,180โ†‘22%$2,064,436โ†‘22%$485,451โ†‘21%
2012$1,699,977โ†“18%$1,690,345โ†“18%$400,269โ†‘6%
2011$2,067,390$2,059,499$379,300

Frequently Asked Questions

What does Madison Energy Cooperative Association Inc do?โ–ผ

Madison Energy Cooperative Association Inc is a public & societal benefit nonprofit organization based in Ohio. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Madison Energy Cooperative Association Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Madison Energy Cooperative Association Inc has a score of 48/100 (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 Madison Energy Cooperative Association Inc generate?โ–ผ

Madison Energy Cooperative Association Inc reports $5.0M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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Madison Energy Cooperative Association Inc โ€” Canton, OH | GiveScope