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.

Similar Organizations

Explore more organizations in the Unclassified category, or browse all nonprofits in Ohio.

Mid Ohio Energy Cooperative Inc — Kenton, OH | GiveScope