ZUnclassifiedEIN: 541135340

Rappahannock Electric Cooperative

Fredericksbrg, Virginia

B+Health Score
69B+

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.85×
Peer Median0.87×
💰
$535.5M
Total Revenue
📊
$518.6M
Total Expenses
🏦
$442.1M
Net Assets
📋
$757.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.4%
Year-over-year change (2022 → 2023)
Net Margin
+3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
63.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$535,480,1408%$518,647,8356%$1,199,468,4997%
2022$493,777,61218%$488,656,91516%$1,122,357,0838%
2021$419,807,1871%$420,421,5031%$1,043,159,1652%
2020$426,168,94310%$424,936,85310%$1,024,099,10510%
2019$471,748,6444%$471,771,4224%$931,777,168
2018$453,259,59318%$453,086,49017%$935,998,3074%
2017$384,878,67011%$385,748,20410%$897,920,2531%
2016$430,603,3388%$428,724,3199%$891,756,582
2015$469,796,7076%$469,410,4416%$892,036,0296%
2014$445,208,4657%$444,011,6327%$840,369,8881%
2013$415,687,708$415,880,1761%$829,378,3906%
2012$414,359,3492%$412,893,1365%$785,845,3364%
2011$423,459,289$433,858,767$754,420,378

Frequently Asked Questions

What does Rappahannock Electric Cooperative do?

Rappahannock Electric Cooperative is a unclassified nonprofit organization based in Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rappahannock Electric Cooperative financially healthy?

Based on our 9-metric Financial Health Score model, Rappahannock Electric Cooperative has a score of 69/100 (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 Rappahannock Electric Cooperative generate?

Rappahannock Electric Cooperative reports $605.7M in annual revenue and holds $1.4B in total assets, based on IRS filings.

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