ZUnclassifiedEIN: 410654789· Ruling Year: 1954

Clearwater Polk Electric Cooperative Inc

Bagley, Minnesota

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.26×
Peer Median5.86×
💰
$10.4M
Total Revenue
📊
$10.2M
Total Expenses
🏦
$12.8M
Net Assets
📋
$10.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.3%
Year-over-year change (2022 → 2023)
Net Margin
+2.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
44.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,382,4991%$10,175,3311%$22,875,4911%
2022$10,516,7061%$10,295,2323%$22,739,3771%
2021$10,431,7145%$10,004,3683%$22,414,5953%
2020$9,916,1451%$9,700,6492%$21,716,4411%
2019$9,997,6502%$9,945,3532%$21,595,6002%
2018$10,190,9716%$10,129,8636%$21,150,020
2017$9,611,9046%$9,559,3806%$21,160,7063%
2016$9,098,362$9,005,7511%$20,528,3831%
2015$9,139,484$8,898,2625%$20,231,5746%
2014$9,139,0632%$9,392,2486%$19,029,8761%
2013$8,945,5007%$8,859,5529%$19,287,1385%
2012$8,344,8584%$8,159,8941%$18,320,341
2011$8,702,418$8,249,925$18,336,734

Frequently Asked Questions

What does Clearwater Polk Electric Cooperative Inc do?

Clearwater Polk Electric Cooperative Inc 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 Clearwater Polk Electric Cooperative Inc financially healthy?

Based on our 9-metric Financial Health Score model, Clearwater Polk Electric Cooperative Inc has a score of 65/100 (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 Clearwater Polk Electric Cooperative Inc generate?

Clearwater Polk Electric Cooperative Inc reports $10.3M in annual revenue and holds $23.4M in total assets, based on IRS filings.

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