Central Rural Electric Cooperative
EIN: 730177775 · Stillwater, OK
| Metric | Value |
|---|---|
| Total Revenue | $88.5M |
| Total Expenses | $81.6M |
| Net Assets | $86.5M |
Is Central Rural Electric Cooperative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Rural Electric Cooperative
Central Rural Electric Cooperative (EIN: 730177775) is a nonprofit organization based in Stillwater, OK. The organization reported total revenue of $88.5M and total assets of $322.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Rural Electric Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Rural Electric Cooperative is a major nonprofit that has been operating for 87 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77.6M |
| Total Expenses | $81.6M |
| Surplus / Deficit | $-3,929,745 |
| Total Assets | $303.8M |
| Total Liabilities | $217.3M |
| Net Assets | $86.5M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 71.5% |
| Months of Reserves | 44.7 months |
Financial Health Grade: C
In 2023, Central Rural Electric Cooperative reported a deficit of $3.9M with expenses exceeding revenue, holds 44.7 months of operating reserves (strong position), has a debt-to-asset ratio of 71.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Rural Electric Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +12.4% | +19.2% |
| 2022 | +12.9% | +14.7% | +31.7% |
| 2021 | +4.6% | +7.3% | +14.1% |
| 2020 | -4.7% | -4.7% | +5.6% |
| 2019 | -6.0% | -6.0% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1939 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Rural Electric Cooperative has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Rural Electric Cooperative with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.5%.
Frequently Asked Questions about Central Rural Electric Cooperative
Is Central Rural Electric Cooperative a legitimate charity?
Central Rural Electric Cooperative (EIN: 730177775) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $88.5M. No red flags identified. Financial health grade: C.
How does Central Rural Electric Cooperative spend its money?
Central Rural Electric Cooperative reported $88.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Rural Electric Cooperative tax-deductible?
Central Rural Electric Cooperative is registered as a tax-exempt nonprofit (EIN: 730177775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Rural Electric Cooperative located?
Central Rural Electric Cooperative is headquartered in Stillwater, Oklahoma and files with the IRS under EIN 730177775.
How many years of IRS 990 filings does Central Rural Electric Cooperative have?
Central Rural Electric Cooperative has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $88.5M in total revenue.
Filing History
IRS 990 filing history for Central Rural Electric Cooperative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Rural Electric Cooperative's revenue has grown by 59.8%, moving from $48.6M to $77.6M. Total assets increased by 208.1% over the same period, from $98.6M to $303.8M. Total functional expenses rose by 62.3%, from $50.2M to $81.6M. In its most recent filing year (2023), Central Rural Electric Cooperative reported a deficit of $3.9M, with expenses exceeding revenue. The organization holds $217.3M in liabilities against $303.8M in assets (debt-to-asset ratio: 71.5%), resulting in net assets of $86.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77.6M | $81.6M | $303.8M | $217.3M | — | — |
| 2022 | $69.6M | $72.6M | $254.8M | $170.4M | — | View 990 |
| 2021 | $61.7M | $63.3M | $193.5M | $109.8M | — | View 990 |
| 2020 | $59.0M | $59.0M | $169.5M | $86.5M | — | View 990 |
| 2019 | $61.9M | $61.9M | $160.5M | $80.0M | — | — |
| 2018 | $65.9M | $65.9M | $157.0M | $80.1M | — | View 990 |
| 2017 | $58.7M | $60.9M | $164.1M | $99.7M | — | View 990 |
| 2016 | $61.9M | $64.0M | $162.5M | $100.9M | — | View 990 |
| 2015 | $64.6M | $66.4M | $154.1M | $94.8M | — | View 990 |
| 2014 | $65.2M | $67.8M | $145.0M | $86.8M | — | View 990 |
| 2013 | $55.4M | $57.2M | $133.6M | $78.6M | — | View 990 |
| 2012 | $47.8M | $49.5M | $100.8M | $48.1M | — | View 990 |
| 2011 | $48.6M | $50.2M | $98.6M | $47.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77.6M, expenses of $81.6M, and assets of $303.8M (revenue +11.5% year-over-year).
- 2022: Revenue of $69.6M, expenses of $72.6M, and assets of $254.8M (revenue +12.9% year-over-year).
- 2021: Revenue of $61.7M, expenses of $63.3M, and assets of $193.5M (revenue +4.6% year-over-year).
- 2020: Revenue of $59.0M, expenses of $59.0M, and assets of $169.5M (revenue -4.7% year-over-year).
- 2019: Revenue of $61.9M, expenses of $61.9M, and assets of $160.5M (revenue -6.0% year-over-year).
- 2018: Revenue of $65.9M, expenses of $65.9M, and assets of $157.0M (revenue +12.3% year-over-year).
- 2017: Revenue of $58.7M, expenses of $60.9M, and assets of $164.1M (revenue -5.2% year-over-year).
- 2016: Revenue of $61.9M, expenses of $64.0M, and assets of $162.5M (revenue -4.2% year-over-year).
- 2015: Revenue of $64.6M, expenses of $66.4M, and assets of $154.1M (revenue -0.9% year-over-year).
- 2014: Revenue of $65.2M, expenses of $67.8M, and assets of $145.0M (revenue +17.8% year-over-year).
- 2013: Revenue of $55.4M, expenses of $57.2M, and assets of $133.6M (revenue +16.0% year-over-year).
- 2012: Revenue of $47.8M, expenses of $49.5M, and assets of $100.8M (revenue -1.7% year-over-year).
- 2011: Revenue of $48.6M, expenses of $50.2M, and assets of $98.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Rural Electric Cooperative:
Data Sources and Methodology
This transparency report for Central Rural Electric Cooperative is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.