Norval Electric Cooperative Inc
Glasgow, Montana
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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,395,274↑4% | $8,395,274↑4% | $29,999,792↓1% | |
| 2022 | $8,069,987↑3% | $8,069,987↑3% | $30,343,737↑4% | — |
| 2021 | $7,862,591↑1% | $7,862,591↑1% | $29,266,137↑3% | — |
| 2020 | $7,773,451↓2% | $7,773,451↓2% | $28,523,388↑1% | — |
| 2019 | $7,949,340↓2% | $7,949,340↓2% | $28,377,280↑3% | — |
| 2018 | $8,104,924↑1% | $8,104,924↑1% | $27,527,173↑3% | — |
| 2017 | $8,018,130↑11% | $8,018,130↑11% | $26,808,245 | — |
| 2016 | $7,207,687↓5% | $7,207,687↓5% | $26,840,158 | — |
| 2015 | $7,601,300↓5% | $7,601,300↓5% | $26,797,497↑2% | — |
| 2014 | $8,031,756↑2% | $8,031,756↑2% | $26,398,896↑1% | — |
| 2013 | $7,907,048↑2% | $7,907,048↑2% | $26,121,411↓13% | — |
| 2012 | $7,720,049↑16% | $7,720,049↑16% | $30,042,032 | — |
| 2011 | $6,630,038 | $6,630,038 | $29,981,231 | — |
Frequently Asked Questions
What does Norval Electric Cooperative Inc do?▼
Norval Electric Cooperative Inc is a mutual & membership benefit nonprofit organization based in Montana. It is classified under NTEE code Y22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Norval Electric Cooperative Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Norval Electric Cooperative Inc has a score of 56/100 (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 Norval Electric Cooperative Inc generate?▼
Norval Electric Cooperative Inc reports $8.5M in annual revenue and holds $31.9M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Mutual & Membership Benefit category, or browse all nonprofits in Montana.