Morgan County Rural Electric Association
Fort Morgan, Colorado
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $45,406,447↑1% | $45,406,447↑1% | $110,805,368 | |
| 2022 | $44,792,828↓1% | $44,792,828↓1% | $110,605,529↑6% | — |
| 2021 | $45,102,816 | $45,102,816 | $104,279,755↓1% | — |
| 2020 | $44,952,841↓1% | $44,952,841↓1% | $105,337,294↑11% | — |
| 2019 | $45,473,667↑5% | $45,473,667↑5% | $94,981,913↑3% | — |
| 2018 | $43,264,987↑8% | $43,264,987↑8% | $92,141,833↑12% | — |
| 2017 | $39,938,788↑8% | $39,938,788↑8% | $81,919,466↑9% | — |
| 2016 | $37,026,958↑17% | $37,026,958↑17% | $75,110,169↑8% | — |
| 2015 | $31,681,260↑15% | $31,681,260↑15% | $69,748,679↑5% | — |
| 2014 | $27,633,390↑2% | $27,633,390↑2% | $66,246,181↑4% | — |
| 2013 | $26,977,648↑3% | $26,977,648↑3% | $63,494,414↑6% | — |
| 2012 | $26,266,248↑4% | $26,266,248↑4% | $59,751,693↑1% | — |
| 2011 | $25,230,802 | $25,230,802 | $59,100,324 | — |
Frequently Asked Questions
What does Morgan County Rural Electric Association do?▼
Morgan County Rural Electric Association is a unclassified nonprofit organization based in Colorado. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Morgan County Rural Electric Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Morgan County Rural Electric Association has a score of 51/100 (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 Morgan County Rural Electric Association generate?▼
Morgan County Rural Electric Association reports $57.4M in annual revenue and holds $110.4M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Unclassified category, or browse all nonprofits in Colorado.