Is Dirigo Electric Cooperative Inc Legit?

Dirigo Electric Cooperative Inc appears to be a very small organization, based on its limited financial activity in the available IRS 990 filings. In 2012, it reported $14,935 in revenue and $13,682 in expenses, with assets of $2,583. The prior year, 2011, showed slightly higher revenue of $18,744 and expenses of $19,217. The organization's financial health seems stable given its small scale, with assets exceeding liabilities in both reported periods. However, the latest revenue and asset figures provided as $0 suggest a significant change or dormancy since the last available 990 data, which warrants further investigation. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the filings indicate 0% officer compensation, which is a positive sign regarding executive pay. The organization's overall financial activity is minimal, suggesting a very limited operational scope. The lack of detailed expense categories in the provided data makes a precise efficiency analysis challenging. Transparency is moderately good, with two IRS 990 filings available. However, the NTEE code is unknown, and the most recent financial data provided (revenue and assets of $0) contradicts the historical filings without explanation. This discrepancy raises questions about its current operational status and financial reporting, which could impact a full transparency assessment.