ZUnclassifiedEIN: 350376478

Hendricks County Rural Electric Membership Corporation

Danville, Indiana

BHealth Score
57B

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.14×
Peer Median0.87×
💰
$108.3M
Total Revenue
📊
$108.3M
Total Expenses
🏦
$123.0M
Net Assets
📋
$123.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.6%
Year-over-year change (2022 → 2023)
Net Margin
0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.14
Net assets divided by total expenses
Liabilities-to-Assets
50.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$108,323,6496%$108,323,6496%$246,422,9725%
2022$102,543,0986%$102,543,0986%$234,883,8555%
2021$97,103,2886%$97,103,2886%$222,904,00716%
2020$91,499,1551%$91,499,1551%$191,509,7069%
2019$92,684,5381%$92,684,5381%$175,049,4889%
2018$93,587,1535%$93,587,1535%$160,061,1053%
2017$89,099,491$89,099,491$156,122,3066%
2016$88,939,8842%$88,939,8842%$147,159,6435%
2015$86,791,7291%$86,791,7291%$140,170,0621%
2014$86,346,3555%$86,346,3555%$139,183,9643%
2013$82,209,8565%$82,209,8565%$135,625,9646%
2012$78,058,9326%$78,058,9323%$127,827,4323%
2011$73,515,638$75,787,772$124,614,150

Frequently Asked Questions

What does Hendricks County Rural Electric Membership Corporation do?

Hendricks County Rural Electric Membership Corporation is a unclassified nonprofit organization based in Indiana. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hendricks County Rural Electric Membership Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Hendricks County Rural Electric Membership Corporation has a score of 57/100 (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 Hendricks County Rural Electric Membership Corporation generate?

Hendricks County Rural Electric Membership Corporation reports $115.9M in annual revenue and holds $264.4M in total assets, based on IRS filings.

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