Z — UnclassifiedEIN: 370394535· Ruling Year: 1943

M J M Electric Cooperative Inc

Carlinville, Illinois

BHealth Score
57B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.42×
Peer Median5.86×
💰
$23.0M
Total Revenue
📊
$23.0M
Total Expenses
🏦
$32.5M
Net Assets
📋
$33.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.5%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.42
Net assets divided by total expenses
Liabilities-to-Assets
50.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$22,964,060↑2%$22,964,060↑2%$65,622,128↑4%
2022$22,406,705↑9%$22,406,705↑9%$62,951,279↑5%
2021$20,636,262↓1%$20,636,262↓1%$60,033,059↑2%
2020$20,851,003↓1%$20,851,003↓1%$58,924,125↑1%
2019$21,121,360↓2%$21,121,360↓2%$58,064,857↑11%
2018$21,464,440↑9%$21,464,440↑5%$52,521,041↑5%
2017$19,758,414↓3%$20,463,232↓1%$49,816,613↑3%
2016$20,412,233↑4%$20,746,088↑3%$48,276,230↑5%
2015$19,640,685↓4%$20,086,535↑2%$46,193,906↑8%
2014$20,401,010↑3%$19,684,515↑5%$42,597,272↑3%
2013$19,723,677↑6%$18,824,972↓4%$41,366,722↑7%
2012$18,672,158↓8%$19,572,392$38,758,451↑2%
2011$20,333,852$19,529,782$38,038,009

Frequently Asked Questions

What does M J M Electric Cooperative Inc do?▼

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

Is M J M Electric Cooperative Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, M J M Electric Cooperative Inc has a score of 57/100 (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 M J M Electric Cooperative Inc generate?▼

M J M Electric Cooperative Inc reports $25.5M in annual revenue and holds $74.7M in total assets, based on IRS filings.

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