Z — UnclassifiedEIN: 560168825

Carteret-craven Electric Cooperative

Newport, North Carolina

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.97×
Peer Median5.86×
💰
$72.4M
Total Revenue
📊
$68.4M
Total Expenses
🏦
$66.5M
Net Assets
📋
$67.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.3%
Year-over-year change (2022 → 2023)
Net Margin
+5.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.97
Net assets divided by total expenses
Liabilities-to-Assets
50.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$72,417,120↑3%$68,415,516↑2%$134,267,975↑2%
2022$70,087,411↑1%$66,951,412↑5%$132,224,479↓4%
2021$69,642,731↓2%$63,628,368↓3%$137,343,864↑1%
2020$70,996,772↓10%$65,600,143↓11%$136,390,442↑3%
2019$78,765,884↑9%$73,724,323↑13%$132,668,457↓1%
2018$72,525,227↑9%$65,354,214↑7%$134,502,263↑5%
2017$66,361,608$60,979,950↑3%$128,695,843↓1%
2016$66,089,824↓3%$59,443,898↓4%$130,185,613↑5%
2015$68,111,406↑1%$62,061,910↓1%$124,326,103↑6%
2014$67,624,587↑5%$62,721,682↑4%$117,084,106
2013$64,340,391↑1%$60,170,181$116,916,137↑8%
2012$63,498,370↓2%$59,990,704↓3%$108,349,014↑3%
2011$64,957,144$62,101,795$105,034,129

Frequently Asked Questions

What does Carteret-craven Electric Cooperative do?▼

Carteret-craven Electric Cooperative is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Carteret-craven Electric Cooperative financially healthy?▼

Based on our 9-metric Financial Health Score model, Carteret-craven Electric Cooperative has a score of 63/100 (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 Carteret-craven Electric Cooperative generate?▼

Carteret-craven Electric Cooperative reports $75.2M in annual revenue and holds $140.8M in total assets, based on IRS filings.

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