ZUnclassifiedEIN: 350188040

Boone County Rural Electric Membership Corp.

Lebanon, Indiana

B+Health Score
71B+

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 Org1.27×
Peer Median5.86×
💰
$69.1M
Total Revenue
📊
$59.0M
Total Expenses
🏦
$75.2M
Net Assets
📋
$89.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.4%
Year-over-year change (2022 → 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.27
Net assets divided by total expenses
Liabilities-to-Assets
54.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$69,061,7149%$58,966,3561%$164,434,9883%
2022$63,135,3955%$58,558,1127%$159,678,78820%
2021$60,230,63814%$54,511,48312%$132,784,44625%
2019$52,690,9427%$48,686,0856%$106,039,62215%
2018$49,312,85411%$45,855,85812%$92,458,76611%
2017$44,422,698$41,098,7022%$83,526,85514%
2016$44,330,7863%$40,353,8103%$73,249,8327%
2015$43,012,557$39,295,8183%$68,698,5837%
2014$43,040,0357%$38,118,3294%$64,005,1107%
2013$40,113,4997%$36,558,98214%$60,016,1824%
2012$37,438,8399%$32,127,0194%$57,773,19012%
2011$34,434,047$33,503,944$51,657,810

Frequently Asked Questions

What does Boone County Rural Electric Membership Corp. do?

Boone County Rural Electric Membership Corp. is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Boone County Rural Electric Membership Corp. financially healthy?

Based on our 9-metric Financial Health Score model, Boone County Rural Electric Membership Corp. has a score of 71/100 (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 Boone County Rural Electric Membership Corp. generate?

Boone County Rural Electric Membership Corp. reports $76.5M in annual revenue and holds $176.3M in total assets, based on IRS filings.

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