Nobles Cooperative Electric
Slayton, Minnesota
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,131,119↓3% | $22,742,483↓4% | $72,464,886↑1% | — |
| 2022 | $23,725,160↑6% | $23,659,088↓3% | $71,903,264↑7% | — |
| 2021 | $22,419,129↑10% | $24,321,656↑18% | $66,930,891↑5% | — |
| 2020 | $20,443,055↓7% | $20,545,431↓6% | $63,710,475↑5% | — |
| 2019 | $22,053,939↑2% | $21,922,002↑2% | $60,824,253↑4% | — |
| 2018 | $21,679,205↓1% | $21,414,120↓1% | $58,329,105 | — |
| 2017 | $21,881,830↑6% | $21,546,163↑4% | $58,388,905↑5% | — |
| 2016 | $20,689,061↑17% | $20,689,061↑18% | $55,612,372↑3% | — |
| 2015 | $17,727,771↑2% | $17,512,159↑2% | $53,972,328↑17% | — |
| 2014 | $17,368,443↑4% | $17,175,800↑4% | $46,119,824↑3% | — |
| 2013 | $16,721,157↑12% | $16,563,528↑12% | $44,827,847↑7% | — |
| 2012 | $14,927,241↑5% | $14,806,914↑5% | $41,870,755↑5% | — |
| 2011 | $14,193,584 | $14,049,336 | $40,060,408 | — |
Frequently Asked Questions
What does Nobles Cooperative Electric do?▼
Nobles Cooperative Electric 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 Nobles Cooperative Electric financially healthy?▼
Based on our 9-metric Financial Health Score model, Nobles Cooperative Electric has a score of 63/100 (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 Nobles Cooperative Electric generate?▼
Nobles Cooperative Electric reports $23.5M in annual revenue and holds $72.5M in total assets, based on IRS filings.
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