ZUnclassifiedEIN: 850155370· Ruling Year: 1963

New Mexico Rural Electrification Cooperative Association Inc

Santa Fe, New Mexico

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.13×
Peer Median15.40×
💰
$2.3M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$307K
Net Assets
📋
$266K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.1%
Year-over-year change (2022 → 2023)
Net Margin
-1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.13
Net assets divided by total expenses
Liabilities-to-Assets
46.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,318,25215%$2,340,7246%$572,8874%
2022$2,014,14711%$2,207,78524%$552,09414%
2021$1,814,6375%$1,778,7214%$642,6963%
2020$1,904,194$1,861,8483%$659,2704%
2019$1,900,0513%$1,929,329$630,91617%
2018$1,950,9884%$1,930,2901%$764,4486%
2017$1,873,7747%$1,906,7753%$723,23011%
2016$2,020,90110%$1,956,4252%$808,9657%
2015$1,837,7651%$1,920,4587%$755,68913%
2014$1,816,3521%$1,794,0532%$864,5322%
2013$1,834,1253%$1,767,041$878,23083%
2012$1,788,4187%$1,771,0263%$479,3943%
2011$1,672,261$1,711,198$464,817

Frequently Asked Questions

What does New Mexico Rural Electrification Cooperative Association Inc do?

New Mexico Rural Electrification Cooperative Association Inc is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Mexico Rural Electrification Cooperative Association Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Mexico Rural Electrification Cooperative Association Inc 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 New Mexico Rural Electrification Cooperative Association Inc generate?

New Mexico Rural Electrification Cooperative Association Inc reports $2.9M in annual revenue and holds $704K in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Unclassified category, or browse all nonprofits in New Mexico.

New Mexico Rural Electrification Cooperative Association Inc — Santa Fe, NM | GiveScope