Springer Electric Cooperative INC
Springer, New Mexico
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 9 peers in Public & Societal Benefit 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 | $20,432,505↑3% | $20,432,505↑3% | $46,800,753↑9% | |
| 2022 | $19,813,589↓7% | $19,813,589↓7% | $43,026,680↑3% | — |
| 2021 | $21,344,782↑1% | $21,344,782↑1% | $41,843,189↑3% | — |
| 2020 | $21,225,034↓5% | $21,225,034↓5% | $40,769,962↑8% | — |
| 2019 | $22,267,695↓3% | $22,267,695↓3% | $37,831,418↑2% | — |
| 2018 | $23,018,656 | $23,018,656 | $36,937,143↑4% | — |
| 2017 | $23,038,679↑3% | $23,038,679↑3% | $35,644,288↑1% | — |
| 2016 | $22,458,092↓5% | $22,458,092↓5% | $35,236,933↑6% | — |
| 2015 | $23,563,181↓4% | $23,563,181↓4% | $33,306,349↑16% | — |
| 2014 | $24,656,211↑2% | $24,656,211↑2% | $28,743,740↓2% | — |
| 2013 | $24,114,339↓1% | $24,114,339↓1% | $29,479,642↑11% | — |
| 2012 | $24,269,492↑3% | $24,269,492↑3% | $26,547,415↑11% | — |
| 2011 | $23,522,954 | $23,635,129 | $23,967,148 | — |
Frequently Asked Questions
What does Springer Electric Cooperative INC do?▼
Springer Electric Cooperative INC is a public & societal benefit nonprofit organization based in New Mexico. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Springer Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Springer Electric Cooperative INC has a score of 50/100 (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 Springer Electric Cooperative INC generate?▼
Springer Electric Cooperative INC reports $20.3M in annual revenue and holds $53.6M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Public & Societal Benefit category, or browse all nonprofits in New Mexico.