ZUnclassifiedEIN: 344380037· Ruling Year: 1942

Mid-ohio Energy Cooperative Inc

Kenton, Ohio

B+Health Score
68B+

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 Org1.28×
Peer Median5.86×
💰
$25.8M
Total Revenue
📊
$23.5M
Total Expenses
🏦
$29.9M
Net Assets
📋
$34.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.1%
Year-over-year change (2022 → 2023)
Net Margin
+9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
53.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$25,839,126$23,473,3302%$64,019,3265%
2022$25,854,3047%$23,996,4675%$60,790,3302%
2021$24,189,9334%$22,793,1337%$59,744,8281%
2020$23,194,6833%$21,268,5141%$60,486,6163%
2019$22,526,6845%$21,396,1642%$58,517,0442%
2018$23,649,9998%$21,847,5516%$57,341,6211%
2017$21,917,5434%$20,554,9993%$56,632,0181%
2016$21,100,8642%$19,947,3582%$57,130,711
2015$21,549,7073%$19,538,4032%$57,011,31911%
2014$22,189,9378%$19,938,8853%$51,178,6505%
2013$20,533,3903%$19,313,6604%$48,638,2364%
2012$19,936,0785%$18,613,5916%$46,606,3886%
2011$18,919,846$17,617,034$43,856,535

Frequently Asked Questions

What does Mid-ohio Energy Cooperative Inc do?

Mid-ohio Energy 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 Mid-ohio Energy Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mid-ohio Energy Cooperative Inc has a score of 68/100 (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 Mid-ohio Energy Cooperative Inc generate?

Mid-ohio Energy Cooperative Inc reports $28.8M in annual revenue and holds $65.1M in total assets, based on IRS filings.

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