ZUnclassifiedEIN: 630193841

South Alabama Electric Cooperative

Troy, Alabama

BHealth Score
59B

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median5.86×
💰
$55.7M
Total Revenue
📊
$58.7M
Total Expenses
🏦
$75.4M
Net Assets
📋
$93.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.5%
Year-over-year change (2022 → 2023)
Net Margin
-5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
55.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$55,703,7655%$58,703,76510%$169,182,120
2022$53,297,4378%$53,297,4378%$169,905,878
2021$49,282,6137%$49,282,6137%$170,308,33710%
2020$46,160,9583%$45,926,4372%$154,415,0137%
2019$44,933,0867%$44,933,0867%$144,187,6798%
2018$41,828,5903%$41,828,5903%$133,216,0217%
2017$40,702,5551%$40,639,800$124,920,4411%
2016$40,928,6951%$40,812,3351%$123,756,3102%
2015$41,410,765$41,294,405$121,523,0827%
2014$41,545,3545%$41,428,9945%$113,347,6499%
2013$39,682,0811%$39,565,7211%$104,183,2881%
2012$40,130,4822%$40,130,4822%$103,205,9264%
2011$41,120,189$41,120,189$98,971,555

Frequently Asked Questions

What does South Alabama Electric Cooperative do?

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

Is South Alabama Electric Cooperative financially healthy?

Based on our 9-metric Financial Health Score model, South Alabama Electric Cooperative has a score of 59/100 (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 South Alabama Electric Cooperative generate?

South Alabama Electric Cooperative reports $59.3M in annual revenue and holds $177.7M in total assets, based on IRS filings.

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