Z — UnclassifiedEIN: 421468305

Heartland Power Cooperative

Thompson, Iowa

A-Health Score
78A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.23×
Peer Median5.86×
💰
$31.3M
Total Revenue
📊
$29.8M
Total Expenses
🏦
$36.7M
Net Assets
📋
$26.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
41.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,295,055↑5%$29,841,744↑2%$63,233,645↑8%
2022$29,708,110↑21%$29,197,113↑22%$58,299,150↑4%
2021$24,643,781↓12%$23,914,066↓14%$55,926,018↑2%
2020$27,879,416↓7%$27,655,584↓6%$54,949,765↓5%
2019$29,909,949↑2%$29,534,949↑1%$57,654,349↑13%
2018$29,461,187$29,159,906↑1%$50,865,057↑5%
2017$29,393,369↑4%$28,963,369↑4%$48,392,088↑5%
2016$28,174,313↑1%$27,744,313↑1%$45,887,756↑3%
2015$27,872,124↑5%$27,442,123↑5%$44,543,331↑9%
2014$26,549,224↑6%$26,119,224↑6%$40,967,978↑4%
2013$25,052,514↑5%$24,742,513↑4%$39,299,533↑5%
2012$23,937,558↑5%$23,737,558↑4%$37,524,946↑4%
2011$22,888,023$22,715,984$36,121,355

Frequently Asked Questions

What does Heartland Power Cooperative do?▼

Heartland Power Cooperative is a unclassified nonprofit organization based in Iowa. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heartland Power Cooperative financially healthy?▼

Based on our 9-metric Financial Health Score model, Heartland Power Cooperative has a score of 78/100 (Grade: A-). 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 Heartland Power Cooperative generate?▼

Heartland Power Cooperative reports $33.7M in annual revenue and holds $69.7M in total assets, based on IRS filings.

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