Empire Electric Association INC
Cortez, Colorado
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 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 | $61,345,793↑3% | $61,446,822↑3% | $125,990,099↑1% | — |
| 2022 | $59,578,734↑8% | $59,412,313↑10% | $125,146,441↑3% | — |
| 2021 | $55,026,165↓7% | $53,916,714↓9% | $122,070,999 | — |
| 2020 | $59,482,496↓24% | $59,524,375↓24% | $121,485,221↓3% | — |
| 2019 | $78,547,980↑3% | $78,647,622↑3% | $125,706,381↑2% | — |
| 2018 | $76,162,841↓6% | $76,065,300↓6% | $123,092,364 | — |
| 2017 | $80,964,361↑15% | $81,057,596↑16% | $123,404,838↑2% | — |
| 2016 | $70,138,247↓5% | $70,171,994↓5% | $121,216,457↓1% | — |
| 2015 | $73,534,280↑7% | $73,488,610↑6% | $122,964,886↑1% | — |
| 2014 | $69,019,014↑8% | $69,019,014↑8% | $122,341,699↑4% | — |
| 2013 | $63,684,740↑16% | $63,684,740↑13% | $117,808,677↑6% | — |
| 2012 | $55,024,712 | $56,224,712↑2% | $110,905,617↑12% | — |
| 2011 | $55,170,085 | $55,170,085 | $99,020,724 | — |
Frequently Asked Questions
What does Empire Electric Association INC do?▼
Empire Electric Association INC 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 Empire Electric Association INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Empire Electric Association INC has a score of 66/100 (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 Empire Electric Association INC generate?▼
Empire Electric Association INC reports $63.0M in annual revenue and holds $128.4M in total assets, based on IRS filings.
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