ZUnclassifiedEIN: 590485704· Ruling Year: 1942

Tri-county Electric Cooperative Inc

Madison, Florida

B-Health Score
53B-

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.82×
Peer Median5.86×
💰
$52.9M
Total Revenue
📊
$52.9M
Total Expenses
🏦
$43.5M
Net Assets
📋
$149.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.2%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.82
Net assets divided by total expenses
Liabilities-to-Assets
77.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,888,6461%$52,888,6461%$193,404,60963%
2022$53,542,46032%$53,542,46032%$118,418,05716%
2021$40,691,5292%$40,691,5292%$102,346,0933%
2020$39,706,5612%$39,706,5612%$99,676,3332%
2019$40,644,3801%$40,644,3801%$97,541,1312%
2018$40,441,0153%$40,441,0153%$95,764,1051%
2017$39,356,5171%$39,356,5171%$94,453,6656%
2016$39,606,8843%$39,606,8843%$89,405,6724%
2015$41,019,882$41,019,882$86,325,8425%
2014$40,895,6969%$40,895,6969%$82,546,6313%
2013$37,678,4891%$37,678,4894%$80,470,7538%
2012$37,172,7391%$36,367,9501%$74,753,3884%
2011$37,447,663$36,172,519$71,702,379

Frequently Asked Questions

What does Tri-county Electric Cooperative Inc do?

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

Is Tri-county Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Tri-county Electric Cooperative Inc has a score of 53/100 (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 Tri-county Electric Cooperative Inc generate?

Tri-county Electric Cooperative Inc reports $64.8M in annual revenue and holds $298.5M in total assets, based on IRS filings.

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Tri-county Electric Cooperative Inc — Madison, FL | GiveScope