Marshall Dekalb Electric Cooperative
EIN: 630132555 · Boaz, AL
Is Marshall Dekalb 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 Marshall Dekalb Electric Cooperative
Marshall Dekalb Electric Cooperative (EIN: 630132555) is a nonprofit organization based in Boaz, AL. The organization reported total revenue of $65.0M and total assets of $110.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshall Dekalb Electric Cooperative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marshall Dekalb Electric Cooperative is a major nonprofit, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.4M |
| Total Expenses | $16.6M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $102.5M |
| Total Liabilities | $32.4M |
| Net Assets | $70.1M |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 31.6% |
| Months of Reserves | 74.0 months |
Financial Health Grade: A
In 2024, Marshall Dekalb Electric Cooperative reported a surplus of $2.8M with revenue exceeding expenses, holds 74.0 months of operating reserves (strong position), has a debt-to-asset ratio of 31.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Marshall Dekalb Electric Cooperative's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.2% | +5.2% | +3.3% |
| 2023 | +6.1% | +2.7% | +3.3% |
| 2022 | +4.2% | +12.2% | +6.8% |
| 2021 | +9.8% | -5.4% | +2.6% |
| 2020 | +5.6% | -2.4% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marshall Dekalb 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 Marshall Dekalb 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.6%.
Frequently Asked Questions about Marshall Dekalb Electric Cooperative
Is Marshall Dekalb Electric Cooperative a legitimate charity?
Based on AI analysis of IRS 990 filings, Marshall Dekalb Electric Cooperative (EIN: 630132555) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marshall Dekalb Electric Cooperative spend its money?
Detailed spending breakdown data is not yet available for Marshall Dekalb Electric Cooperative. Check back for updated IRS 990 analysis.
Are donations to Marshall Dekalb Electric Cooperative tax-deductible?
Marshall Dekalb Electric Cooperative is registered as a tax-exempt nonprofit (EIN: 630132555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marshall Dekalb Electric Cooperative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Marshall Dekalb Electric Cooperative's revenue has grown by 42.9%, moving from $13.6M to $19.4M. Total assets increased by 74.4% over the same period, from $58.8M to $102.5M. Total functional expenses rose by 64.8%, from $10.1M to $16.6M. In its most recent filing year (2024), Marshall Dekalb Electric Cooperative reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $32.4M in liabilities against $102.5M in assets (debt-to-asset ratio: 31.6%), resulting in net assets of $70.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $19.4M | $16.6M | $102.5M | $32.4M | — | View 990 |
| 2023 | $19.7M | $15.8M | $99.2M | $31.9M | — | View 990 |
| 2022 | $18.5M | $15.4M | $96.1M | $32.7M | — | View 990 |
| 2021 | $17.8M | $13.7M | $90.0M | $30.3M | — | — |
| 2020 | $16.2M | $14.5M | $87.7M | $32.1M | — | — |
| 2019 | $15.3M | $14.9M | $79.8M | $25.9M | — | View 990 |
| 2018 | $14.7M | $13.3M | $79.0M | $25.6M | — | View 990 |
| 2017 | $14.5M | $11.9M | $76.0M | $24.0M | — | View 990 |
| 2016 | $14.0M | $11.6M | $72.0M | $22.6M | — | View 990 |
| 2015 | $13.0M | $11.4M | $69.0M | $22.0M | — | View 990 |
| 2014 | $13.6M | $10.4M | $66.7M | $21.2M | — | View 990 |
| 2013 | $13.8M | $10.0M | $63.8M | $21.6M | — | View 990 |
| 2012 | $13.6M | $10.1M | $58.8M | $20.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $19.4M, expenses of $16.6M, and assets of $102.5M (revenue -1.2% year-over-year).
- 2023: Revenue of $19.7M, expenses of $15.8M, and assets of $99.2M (revenue +6.1% year-over-year).
- 2022: Revenue of $18.5M, expenses of $15.4M, and assets of $96.1M (revenue +4.2% year-over-year).
- 2021: Revenue of $17.8M, expenses of $13.7M, and assets of $90.0M (revenue +9.8% year-over-year).
- 2020: Revenue of $16.2M, expenses of $14.5M, and assets of $87.7M (revenue +5.6% year-over-year).
- 2019: Revenue of $15.3M, expenses of $14.9M, and assets of $79.8M (revenue +4.5% year-over-year).
- 2018: Revenue of $14.7M, expenses of $13.3M, and assets of $79.0M (revenue +1.6% year-over-year).
- 2017: Revenue of $14.5M, expenses of $11.9M, and assets of $76.0M (revenue +3.2% year-over-year).
- 2016: Revenue of $14.0M, expenses of $11.6M, and assets of $72.0M (revenue +7.4% year-over-year).
- 2015: Revenue of $13.0M, expenses of $11.4M, and assets of $69.0M (revenue -4.0% year-over-year).
- 2014: Revenue of $13.6M, expenses of $10.4M, and assets of $66.7M (revenue -1.4% year-over-year).
- 2013: Revenue of $13.8M, expenses of $10.0M, and assets of $63.8M (revenue +1.3% year-over-year).
- 2012: Revenue of $13.6M, expenses of $10.1M, and assets of $58.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marshall Dekalb Electric Cooperative:
Data Sources and Methodology
This transparency report for Marshall Dekalb 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.