Runestone Electric Association
Alexandria, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $32,966,732↑4% | $32,966,732↑4% | $103,047,892 | |
| 2022 | $31,843,187↑2% | $31,843,187↑2% | $102,638,988↑3% | — |
| 2021 | $31,252,692↑5% | $31,252,692↑5% | $99,235,935↑4% | — |
| 2020 | $29,762,866 | $29,762,866 | $95,326,425↑1% | — |
| 2019 | $29,719,173↑3% | $29,719,173↑3% | $94,014,569↑3% | — |
| 2018 | $28,784,591↑2% | $28,784,591↑2% | $91,253,591↑1% | — |
| 2017 | $28,350,404↑1% | $28,350,404↑1% | $90,558,889↑2% | — |
| 2016 | $28,126,320↑5% | $28,126,320↑5% | $88,966,048↑5% | — |
| 2015 | $26,893,505↓8% | $26,893,505↓8% | $84,732,795↑6% | — |
| 2014 | $29,145,337↑6% | $29,145,337↑6% | $80,108,851↑2% | — |
| 2013 | $27,577,127↑13% | $27,577,127↑13% | $78,900,189↑16% | — |
| 2012 | $24,478,949↑5% | $24,478,949↑5% | $68,072,335↑7% | — |
| 2011 | $23,415,741 | $23,415,741 | $63,650,952 | — |
Frequently Asked Questions
What does Runestone Electric Association do?▼
Runestone Electric Association is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Runestone Electric Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Runestone Electric Association has a score of 53/100 (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 Runestone Electric Association generate?▼
Runestone Electric Association reports $33.4M in annual revenue and holds $108.3M in total assets, based on IRS filings.
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