ZUnclassifiedEIN: 340133865· Ruling Year: 1942

Carroll Electric Cooperative Inc

Carrollton, Ohio

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.10×
Peer Median5.86×
💰
$26.2M
Total Revenue
📊
$24.8M
Total Expenses
🏦
$27.2M
Net Assets
📋
$40.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.6%
Year-over-year change (2022 → 2023)
Net Margin
+5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.10
Net assets divided by total expenses
Liabilities-to-Assets
60.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$26,209,1283%$24,759,8802%$67,930,3524%
2022$25,547,7112%$24,168,4004%$65,336,2123%
2021$24,939,2736%$23,259,3943%$63,382,2383%
2020$23,638,1633%$22,525,6643%$61,790,4183%
2019$23,058,8284%$21,949,9922%$59,901,5054%
2018$23,974,69610%$21,602,5725%$57,556,1784%
2017$21,819,9033%$20,523,8182%$55,086,5972%
2016$22,416,8644%$20,976,3863%$54,238,7504%
2015$23,425,0791%$21,692,9072%$52,094,9826%
2014$23,682,3695%$22,034,2364%$48,930,9663%
2013$22,586,8954%$21,189,4014%$47,557,1935%
2012$21,718,3394%$20,460,9674%$45,350,5291%
2011$20,861,074$19,744,121$44,766,316

Frequently Asked Questions

What does Carroll Electric Cooperative Inc do?

Carroll Electric Cooperative Inc is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carroll Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Carroll Electric Cooperative Inc has a score of 69/100 (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 Carroll Electric Cooperative Inc generate?

Carroll Electric Cooperative Inc reports $27.7M in annual revenue and holds $70.3M in total assets, based on IRS filings.

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