Nodak Electric Cooperative INC
Grand Forks, North Dakota
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 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 | $137,633,929↓5% | $135,291,143↓5% | $171,041,522↑2% | |
| 2022 | $144,951,964↑21% | $141,889,868↑27% | $167,870,496↑4% | — |
| 2021 | $119,843,322↑15% | $111,750,756↑10% | $162,149,817↑12% | — |
| 2020 | $104,223,078↓2% | $101,294,173↓4% | $144,864,960↑7% | — |
| 2019 | $106,291,763 | $104,981,269 | $135,198,287 | — |
| 2018 | $0↓100% | $0↓100% | $0↓100% | — |
| 2017 | $103,817,758↑8% | $102,590,523↑7% | $127,677,255↑1% | — |
| 2016 | $96,370,248 | $95,556,886↑3% | $126,568,532↑5% | — |
| 2015 | $95,943,079↑2% | $93,086,185↑1% | $120,706,242↑2% | — |
| 2014 | $94,355,363↑2% | $92,590,237↑3% | $118,690,038↑1% | — |
| 2013 | $92,526,842↑9% | $90,208,336↑10% | $117,801,382↑7% | — |
| 2012 | $84,917,717↑10% | $82,361,715↑6% | $109,651,569↑6% | — |
| 2011 | $77,289,390 | $77,577,500 | $103,926,363 | — |
Frequently Asked Questions
What does Nodak Electric Cooperative INC do?▼
Nodak Electric Cooperative INC is a unclassified nonprofit organization based in North Dakota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Nodak Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Nodak Electric Cooperative INC has a score of 61/100 (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 Nodak Electric Cooperative INC generate?▼
Nodak Electric Cooperative INC reports $140.0M in annual revenue and holds $177.3M in total assets, based on IRS filings.
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