ZUnclassifiedEIN: 410330817· Ruling Year: 1942

Itasca Mantrap Co-op Electrical Assn

Park Rapids, Minnesota

B+Health Score
65B+

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 Org1.14×
Peer Median5.86×
💰
$31.5M
Total Revenue
📊
$31.5M
Total Expenses
🏦
$35.9M
Net Assets
📋
$37.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.9%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.14
Net assets divided by total expenses
Liabilities-to-Assets
51.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,499,6702%$31,499,6702%$73,502,0472%
2022$30,902,4947%$30,902,4937%$72,198,7357%
2021$28,952,60516%$28,952,60316%$67,529,5954%
2020$24,896,4481%$24,896,8371%$65,169,4851%
2019$25,088,8574%$25,085,0754%$64,752,7861%
2018$24,079,7565%$24,079,7565%$63,813,9414%
2017$25,392,8162%$25,392,8172%$61,419,8223%
2016$24,924,3053%$24,897,3502%$59,872,9892%
2015$24,253,8612%$24,300,4701%$58,562,662
2014$24,643,7561%$24,644,6571%$58,817,3971%
2013$24,394,14315%$24,395,17915%$58,420,9499%
2012$21,161,4802%$21,165,1443%$53,567,8842%
2011$20,823,272$20,628,473$52,479,369

Frequently Asked Questions

What does Itasca Mantrap Co-op Electrical Assn do?

Itasca Mantrap Co-op Electrical Assn is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Itasca Mantrap Co-op Electrical Assn financially healthy?

Based on our 9-metric Financial Health Score model, Itasca Mantrap Co-op Electrical Assn has a score of 65/100 (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 Itasca Mantrap Co-op Electrical Assn generate?

Itasca Mantrap Co-op Electrical Assn reports $32.6M in annual revenue and holds $75.6M in total assets, based on IRS filings.

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