ZUnclassifiedEIN: 610329022

Salt River Electric Cooperative Corporation

Bardstown, Kentucky

BHealth Score
57B

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)

This Org1.00×
Peer Median0.87×
💰
$134.7M
Total Revenue
📊
$134.7M
Total Expenses
🏦
$134.3M
Net Assets
📋
$77.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.0%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
36.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$134,671,9145%$134,671,9145%$212,048,1375%
2022$141,723,83324%$141,723,83324%$201,692,6128%
2021$114,408,01511%$114,408,01511%$187,060,5752%
2020$103,102,9938%$103,102,9938%$184,280,7153%
2019$111,692,0032%$111,692,0032%$179,433,8712%
2018$114,365,42510%$114,365,42510%$175,358,2981%
2017$104,296,1837%$104,296,1837%$177,492,2791%
2016$112,388,9354%$112,388,9354%$176,192,5488%
2015$107,686,7966%$107,686,7966%$163,001,9233%
2014$114,676,9363%$114,676,9363%$158,341,0574%
2013$111,605,2726%$111,605,2726%$152,762,91113%
2012$105,378,553$105,378,553$134,686,4704%
2011$105,293,680$105,293,680$129,787,377

Frequently Asked Questions

What does Salt River Electric Cooperative Corporation do?

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

Is Salt River Electric Cooperative Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Salt River Electric Cooperative Corporation has a score of 57/100 (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 Salt River Electric Cooperative Corporation generate?

Salt River Electric Cooperative Corporation reports $137.8M in annual revenue and holds $221.0M in total assets, based on IRS filings.

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