Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ

Minneapolis, Minnesota

B+Health Score
72B+

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 75 peers in Mutual & Membership Benefit with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.21×
Peer Median0.49×
💰
$209.2M
Total Revenue
📊
$205.7M
Total Expenses
🏦
$44.0M
Net Assets
📋
$169K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.4%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$209,228,33313%$205,660,84617%$44,203,7595%
2022$184,499,6035%$175,356,2162%$42,072,38442%
2021$175,187,10515%$171,407,12312%$29,715,15015%
2020$152,566,388$153,620,0991%$25,946,4772%
2018$152,102,3481%$151,527,049$26,369,1102%
2017$153,013,2971%$151,352,413$25,880,4037%
2016$151,184,9035%$151,191,5992%$24,166,954
2015$158,837,5883%$154,661,7302%$24,204,07721%
2014$153,660,57613%$151,407,40711%$20,010,64313%
2013$136,281,152$136,366,7381%$17,747,015
2012$135,941,1006%$135,292,4165%$17,819,2394%
2011$128,834,289$128,816,636$17,159,799

Frequently Asked Questions

What does Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ do?

Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ financially healthy?

Based on our 9-metric Financial Health Score model, Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ has a score of 72/100 (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 Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ generate?

Xcel Energy INC Voluntary Employees Benefciary Trust for Active Employ reports $237.1M in annual revenue and holds $62.5M in total assets, based on IRS filings.

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