Spoon River Electric Co-operative Incorporated
Canton, Illinois
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,292,423↑9% | $11,494,122↑4% | $37,342,598↑3% | |
| 2022 | $11,269,227↓3% | $11,032,362↑7% | $36,157,982↑4% | — |
| 2021 | $11,600,803↑6% | $10,333,899↓5% | $34,615,741↑4% | — |
| 2020 | $10,938,788↓3% | $10,853,299↑2% | $33,263,922↑2% | — |
| 2019 | $11,260,678↑1% | $10,635,358↓2% | $32,503,424↑2% | — |
| 2018 | $11,096,283↑11% | $10,864,504↑11% | $31,987,401↑2% | — |
| 2017 | $10,000,850↓5% | $9,778,398↓4% | $31,337,680↑5% | — |
| 2015 | $10,514,812↑2% | $10,201,376↓7% | $29,780,090↑5% | — |
| 2014 | $10,281,098 | $10,916,184↑12% | $28,452,946↑3% | — |
| 2013 | $10,243,201↑4% | $9,736,566↑6% | $27,575,860↑5% | — |
| 2012 | $9,869,656 | $9,226,886↓8% | $26,183,369↑2% | — |
| 2011 | $9,888,264 | $10,017,476 | $25,555,297 | — |
Frequently Asked Questions
What does Spoon River Electric Co-operative Incorporated do?▼
Spoon River Electric Co-operative Incorporated 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 Spoon River Electric Co-operative Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Spoon River Electric Co-operative Incorporated 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 Spoon River Electric Co-operative Incorporated generate?▼
Spoon River Electric Co-operative Incorporated reports $13.3M in annual revenue and holds $40.5M in total assets, based on IRS filings.
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