ZUnclassifiedEIN: 340294570· Ruling Year: 1938

Holmes-wayne Electric Cooperative Inc

Millersburg, Ohio

BHealth Score
60B

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.12×
Peer Median5.86×
💰
$22.9M
Total Revenue
📊
$22.9M
Total Expenses
🏦
$48.5M
Net Assets
📋
$64.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.1%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.12
Net assets divided by total expenses
Liabilities-to-Assets
57.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$22,908,42713%$22,908,42713%$113,073,4211%
2022$20,247,7053%$20,247,7053%$111,892,9815%
2021$19,641,0884%$19,641,0884%$106,409,8893%
2020$18,828,8098%$18,828,8098%$103,172,9287%
2019$17,413,1907%$17,413,1907%$96,348,6142%
2018$18,640,4969%$18,640,4969%$94,129,0484%
2017$17,136,83212%$17,136,83212%$90,129,8733%
2016$15,305,0316%$15,305,0316%$87,251,9493%
2015$16,233,3743%$16,233,3743%$84,616,5855%
2014$15,749,6985%$15,749,6985%$80,550,7842%
2013$14,994,8031%$14,994,8031%$78,855,4755%
2012$14,796,5267%$14,796,5267%$75,130,9837%
2011$13,800,601$13,800,601$70,430,164

Frequently Asked Questions

What does Holmes-wayne Electric Cooperative Inc do?

Holmes-wayne Electric Cooperative Inc is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Holmes-wayne Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Holmes-wayne Electric Cooperative Inc has a score of 60/100 (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 Holmes-wayne Electric Cooperative Inc generate?

Holmes-wayne Electric Cooperative Inc reports $55.9M in annual revenue and holds $119.2M in total assets, based on IRS filings.

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