YMutual & Membership BenefitEIN: 593602680· Ruling Year: 2002

Fairpoint Regional Utility System Inc

Navarre, Florida

B+Health Score
67B+

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.84×
Peer Median29.60×
💰
$3.9M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$18.1M
Net Assets
📋
$5.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.1%
Year-over-year change (2022 → 2023)
Net Margin
+40.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.84
Net assets divided by total expenses
Liabilities-to-Assets
21.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,879,8881%$2,305,2446%$23,087,6532%
2022$3,836,5684%$2,178,99812%$22,706,5262%
2021$3,692,4611%$1,950,7208%$22,276,4972%
2020$3,639,8465%$1,799,9821%$21,872,79812%
2019$3,458,3147%$1,825,9074%$19,455,7121%
2018$3,246,7591%$1,753,5971%$19,173,1831%
2017$3,227,5297%$1,764,6132%$19,034,878
2016$3,017,63932%$1,738,2108%$18,990,5243%
2015$2,293,374155%$1,605,58631%$19,481,5887%
2014$899,13259%$1,223,36829%$18,218,1496%
2013$2,179,7503%$1,714,3264%$19,288,4982%
2012$2,122,2123%$1,643,7675%$19,650,9512%
2011$2,068,525$1,721,466$20,011,536

Frequently Asked Questions

What does Fairpoint Regional Utility System Inc do?

Fairpoint Regional Utility System Inc is a mutual & membership benefit nonprofit organization based in Florida. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fairpoint Regional Utility System Inc financially healthy?

Based on our 9-metric Financial Health Score model, Fairpoint Regional Utility System Inc has a score of 67/100 (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 Fairpoint Regional Utility System Inc generate?

Fairpoint Regional Utility System Inc reports $3.9M in annual revenue and holds $23.4M in total assets, based on IRS filings.

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Fairpoint Regional Utility System Inc — Navarre, FL | GiveScope