ZUnclassifiedEIN: 410654789· Ruling Year: 1954

Clearwater-polk Electric Cooperative Inc

Bagley, 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 Org1.26×
Peer Median5.86×
💰
$10.4M
Total Revenue
📊
$10.2M
Total Expenses
🏦
$12.8M
Net Assets
📋
$10.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
44.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,382,4991%$10,175,3311%$22,875,4911%
2022$10,516,7061%$10,295,2323%$22,739,3771%
2021$10,431,7145%$10,004,3683%$22,414,5953%
2020$9,916,1451%$9,700,6492%$21,716,4411%
2019$9,997,6502%$9,945,3532%$21,595,6002%
2018$10,190,9716%$10,129,8636%$21,150,020
2017$9,611,9046%$9,559,3806%$21,160,7063%
2016$9,098,362$9,005,7511%$20,528,3831%
2015$9,139,484$8,898,2625%$20,231,5746%
2014$9,139,0632%$9,392,2486%$19,029,8761%
2013$8,945,5007%$8,859,5529%$19,287,1385%
2012$8,344,8584%$8,159,8941%$18,320,341
2011$8,702,418$8,249,925$18,336,734

Frequently Asked Questions

What does Clearwater-polk Electric Cooperative Inc do?

Clearwater-polk Electric Cooperative Inc 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 Clearwater-polk Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Clearwater-polk Electric Cooperative Inc 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 Clearwater-polk Electric Cooperative Inc generate?

Clearwater-polk Electric Cooperative Inc reports $10.3M in annual revenue and holds $23.4M in total assets, based on IRS filings.

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