ZUnclassifiedEIN: 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$22,964,0602%$22,964,0602%$65,622,1284%
2022$22,406,7059%$22,406,7059%$62,951,2795%
2021$20,636,2621%$20,636,2621%$60,033,0592%
2020$20,851,0031%$20,851,0031%$58,924,1251%
2019$21,121,3602%$21,121,3602%$58,064,85711%
2018$21,464,4409%$21,464,4405%$52,521,0415%
2017$19,758,4143%$20,463,2321%$49,816,6133%
2016$20,412,2334%$20,746,0883%$48,276,2305%
2015$19,640,6854%$20,086,5352%$46,193,9068%
2014$20,401,0103%$19,684,5155%$42,597,2723%
2013$19,723,6776%$18,824,9724%$41,366,7227%
2012$18,672,1588%$19,572,392$38,758,4512%
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 $22.9M in annual revenue and holds $69.9M in total assets, based on IRS filings.

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