Inside Passage Electric Cooperative Incorporated

Auke Bay, Alaska

A-Health Score
77A-

Financial Health Score

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

Very Good

💰
$7.3M
Total Revenue
📊
$7.0M
Total Expenses
🏦
$8.5M
Net Assets
📋
$7.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.0%
Year-over-year change (2022 → 2023)
Net Margin
+3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.21
Net assets divided by total expenses
Liabilities-to-Assets
47.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,289,0738%$7,040,3214%$16,023,0363%
2022$6,749,81014%$6,753,94316%$16,546,7252%
2021$5,934,93017%$5,831,80917%$16,923,47120%
2020$5,055,7986%$4,966,5516%$14,128,6751%
2019$5,396,2463%$5,256,132$13,979,9169%
2018$5,252,59310%$5,252,59311%$12,812,2174%
2017$4,793,2574%$4,748,6573%$12,375,5083%
2016$4,611,62513%$4,611,62510%$12,719,8751%
2015$5,271,41757%$5,129,73858%$12,590,67310%
2014$12,305,76580%$12,100,92885%$11,449,1321%
2013$6,829,1872%$6,528,084$11,388,7701%
2012$6,711,85414%$6,560,67113%$11,537,9576%
2011$7,800,884$7,544,153$12,274,917

Frequently Asked Questions

What does Inside Passage Electric Cooperative Incorporated do?

Inside Passage Electric Cooperative Incorporated is a public & societal benefit nonprofit organization based in Alaska. It is classified under NTEE code W80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Inside Passage Electric Cooperative Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Inside Passage Electric Cooperative Incorporated has a score of 77/100 (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 Inside Passage Electric Cooperative Incorporated generate?

Inside Passage Electric Cooperative Incorporated reports $7.2M in annual revenue and holds $15.9M in total assets, based on IRS filings.

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