ZUnclassifiedEIN: 840248168

La Plata Electric Association INC

Durango, Colorado

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 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.36×
Peer Median0.87×
💰
$114.2M
Total Revenue
📊
$110.4M
Total Expenses
🏦
$149.8M
Net Assets
📋
$135.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.9%
Year-over-year change (2022 → 2023)
Net Margin
+3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.36
Net assets divided by total expenses
Liabilities-to-Assets
47.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$114,201,3722%$110,409,4872%$285,698,499
2022$112,117,4492%$108,527,9216%$284,945,0151%
2021$109,650,926$102,414,869$287,521,8851%
2020$110,158,1252%$102,315,9585%$289,318,8981%
2019$112,584,5311%$107,646,7131%$292,781,9222%
2018$111,229,210$106,577,8522%$299,179,8643%
2017$111,595,6375%$104,563,1344%$308,431,5742%
2016$105,969,4713%$100,102,4151%$302,738,3765%
2015$109,097,9082%$101,521,5803%$320,248,7981%
2014$111,780,7221%$104,297,4101%$323,345,2521%
2013$110,607,66012%$103,222,7754%$318,594,8431%
2012$99,141,9851%$99,141,9851%$315,037,16710%
2011$100,583,142$100,583,142$287,364,168

Frequently Asked Questions

What does La Plata Electric Association INC do?

La Plata Electric Association INC is a unclassified nonprofit organization based in Colorado. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is La Plata Electric Association INC financially healthy?

Based on our 9-metric Financial Health Score model, La Plata Electric Association INC 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 La Plata Electric Association INC generate?

La Plata Electric Association INC reports $118.2M in annual revenue and holds $293.0M in total assets, based on IRS filings.

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