Midwest Energy Association
Bloomington, Minnesota
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 22 peers in Unclassified with $1M-$10M 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 | $6,874,618↓2% | $6,920,147↑19% | $10,817,578↓2% | |
| 2022 | $6,986,236↑10% | $5,793,748↑31% | $11,082,322↓1% | — |
| 2021 | $6,357,097↑53% | $4,416,372↑4% | $11,233,346↑19% | — |
| 2020 | $4,144,878↓33% | $4,265,050↓34% | $9,471,920↑25% | — |
| 2019 | $6,173,418 | $6,448,271↑11% | $7,584,773↑5% | — |
| 2018 | $6,170,721↑5% | $5,824,374↑2% | $7,199,013↑9% | — |
| 2017 | $5,884,532↑13% | $5,728,367↑16% | $6,604,609↑3% | — |
| 2016 | $5,193,783↑6% | $4,942,162↑4% | $6,407,749↑3% | — |
| 2015 | $4,920,497↓2% | $4,749,116↑11% | $6,206,555↑1% | — |
| 2014 | $5,030,299↑24% | $4,281,155↑13% | $6,174,600↑16% | — |
| 2013 | $4,066,014 | $3,782,090↑3% | $5,303,357↑25% | — |
| 2012 | $4,074,502↑6% | $3,668,287↑9% | $4,255,390↓2% | — |
| 2011 | $3,846,762 | $3,363,841 | $4,361,554 | — |
Frequently Asked Questions
What does Midwest Energy Association do?▼
Midwest Energy Association 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 Midwest Energy Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Midwest Energy Association 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 Midwest Energy Association generate?▼
Midwest Energy Association reports $5.8M in annual revenue and holds $9.0M in total assets, based on IRS filings.
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