Twin County Electric Power Assn
EIN: 640256623 · Hollandale, MS
| Metric | Value |
|---|---|
| Total Revenue | $34.3M |
| Total Expenses | $32.7M |
| Net Assets | $44.5M |
Is Twin County Electric Power Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Twin County Electric Power Assn
Twin County Electric Power Assn (EIN: 640256623) is a nonprofit organization based in Hollandale, MS. The organization reported total revenue of $34.3M and total assets of $80.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Twin County Electric Power Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Twin County Electric Power Assn is a large nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.7M |
| Total Expenses | $32.7M |
| Surplus / Deficit | +$0 |
| Total Assets | $78.6M |
| Total Liabilities | $34.1M |
| Net Assets | $44.5M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 43.4% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Twin County Electric Power Assn reported a surplus of $0 with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 43.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Twin County Electric Power Assn's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +3.4% | +8.7% |
| 2022 | +9.0% | +9.0% | -0.8% |
| 2021 | -1.1% | -1.1% | -2.4% |
| 2020 | -0.8% | -0.8% | +2.4% |
| 2019 | -7.3% | -7.3% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Twin County Electric Power Assn 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 Twin County Electric Power Assn 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.4%.
Frequently Asked Questions about Twin County Electric Power Assn
Is Twin County Electric Power Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Twin County Electric Power Assn (EIN: 640256623) insufficient data. 0 red flags identified, 0 strengths noted.
How does Twin County Electric Power Assn spend its money?
Detailed spending breakdown data is not yet available for Twin County Electric Power Assn. Check back for updated IRS 990 analysis.
Are donations to Twin County Electric Power Assn tax-deductible?
Twin County Electric Power Assn is registered as a tax-exempt nonprofit (EIN: 640256623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Twin County Electric Power Assn located?
Twin County Electric Power Assn is headquartered in Hollandale, Mississippi and files with the IRS under EIN 640256623.
How many years of IRS 990 filings does Twin County Electric Power Assn have?
Twin County Electric Power Assn 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 $34.3M in total revenue.
Filing History
IRS 990 filing history for Twin County Electric Power Assn showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Twin County Electric Power Assn's revenue has grown by 161.3%, moving from $12.5M to $32.7M. Total assets increased by 25.1% over the same period, from $62.9M to $78.6M. Total functional expenses rose by 197.7%, from $11.0M to $32.7M. In its most recent filing year (2023), Twin County Electric Power Assn reported a surplus of $0, with revenue exceeding expenses. The organization holds $34.1M in liabilities against $78.6M in assets (debt-to-asset ratio: 43.4%), resulting in net assets of $44.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.7M | $32.7M | $78.6M | $34.1M | — | View 990 |
| 2022 | $31.6M | $31.6M | $72.4M | $28.6M | — | View 990 |
| 2021 | $29.0M | $29.0M | $73.0M | $29.9M | — | — |
| 2020 | $29.3M | $29.3M | $74.8M | $32.1M | — | — |
| 2019 | $29.6M | $29.6M | $73.0M | $31.9M | — | View 990 |
| 2018 | $31.9M | $31.9M | $73.2M | $31.4M | — | View 990 |
| 2017 | $30.1M | $30.1M | $73.4M | $33.5M | — | View 990 |
| 2016 | $30.3M | $30.3M | $73.4M | $35.2M | — | View 990 |
| 2015 | $13.1M | $11.9M | $72.6M | $38.0M | — | View 990 |
| 2014 | $11.9M | $11.8M | $69.6M | $36.3M | — | View 990 |
| 2013 | $11.9M | $11.7M | $69.2M | $35.9M | — | View 990 |
| 2012 | $12.0M | $11.4M | $65.1M | $32.1M | — | View 990 |
| 2011 | $12.5M | $11.0M | $62.9M | $30.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.7M, expenses of $32.7M, and assets of $78.6M (revenue +3.4% year-over-year).
- 2022: Revenue of $31.6M, expenses of $31.6M, and assets of $72.4M (revenue +9.0% year-over-year).
- 2021: Revenue of $29.0M, expenses of $29.0M, and assets of $73.0M (revenue -1.1% year-over-year).
- 2020: Revenue of $29.3M, expenses of $29.3M, and assets of $74.8M (revenue -0.8% year-over-year).
- 2019: Revenue of $29.6M, expenses of $29.6M, and assets of $73.0M (revenue -7.3% year-over-year).
- 2018: Revenue of $31.9M, expenses of $31.9M, and assets of $73.2M (revenue +5.8% year-over-year).
- 2017: Revenue of $30.1M, expenses of $30.1M, and assets of $73.4M (revenue -0.5% year-over-year).
- 2016: Revenue of $30.3M, expenses of $30.3M, and assets of $73.4M (revenue +130.7% year-over-year).
- 2015: Revenue of $13.1M, expenses of $11.9M, and assets of $72.6M (revenue +9.8% year-over-year).
- 2014: Revenue of $11.9M, expenses of $11.8M, and assets of $69.6M (revenue +0.7% year-over-year).
- 2013: Revenue of $11.9M, expenses of $11.7M, and assets of $69.2M (revenue -1.2% year-over-year).
- 2012: Revenue of $12.0M, expenses of $11.4M, and assets of $65.1M (revenue -4.1% year-over-year).
- 2011: Revenue of $12.5M, expenses of $11.0M, and assets of $62.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Twin County Electric Power Assn:
Data Sources and Methodology
This transparency report for Twin County Electric Power Assn 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.