Lake Country Power
Mountain Iron, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 664 peers in Unclassified with $100M-$1B 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 | $110,408,177 | $110,408,177 | $393,961,504↑7% | |
| 2022 | $110,864,875↑11% | $110,871,573↑11% | $369,734,330↑3% | — |
| 2021 | $99,712,243↑8% | $99,742,340↑8% | $360,562,297↑5% | — |
| 2020 | $92,478,659 | $92,524,413 | $343,138,601↑5% | — |
| 2019 | $92,858,618↓1% | $92,867,610↓1% | $327,288,686↑4% | — |
| 2018 | $94,052,463↑1% | $94,050,937↑1% | $315,105,128↑6% | — |
| 2017 | $93,558,356↑3% | $93,525,190↑3% | $296,269,702↑3% | — |
| 2016 | $90,699,359↑7% | $90,665,393↑7% | $288,299,517↑5% | — |
| 2015 | $85,108,395↓8% | $85,082,993↓8% | $275,710,902↑1% | — |
| 2014 | $92,811,590↑11% | $92,781,176↑11% | $273,068,348↑2% | — |
| 2013 | $83,783,050↑6% | $83,786,074↑6% | $267,295,228↑3% | — |
| 2012 | $79,276,451↑5% | $79,385,291↑5% | $258,938,102↑5% | — |
| 2011 | $75,640,870 | $75,614,891 | $245,831,003 | — |
Frequently Asked Questions
What does Lake Country Power do?▼
Lake Country Power 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 Lake Country Power financially healthy?▼
Based on our 9-metric Financial Health Score model, Lake Country Power has a score of 54/100 (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 Lake Country Power generate?▼
Lake Country Power reports $114.8M in annual revenue and holds $412.4M in total assets, based on IRS filings.
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