Lea County Electric Cooperative INC
Lovington, New Mexico
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 664 peers in Unclassified with $100M-$1B 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 | $110,564,018↓7% | $111,537,451↓6% | $261,032,072↑2% | — |
| 2022 | $119,152,075↑25% | $119,152,075↑25% | $256,477,710↑10% | — |
| 2021 | $95,597,033↑4% | $95,597,033↑4% | $232,536,118↑4% | — |
| 2020 | $91,971,046↓7% | $91,971,046↓7% | $222,751,682↑2% | — |
| 2019 | $99,141,098↓4% | $99,141,098↓4% | $217,662,086↑3% | — |
| 2018 | $103,271,280↑9% | $103,271,280↑9% | $210,710,019↑3% | — |
| 2017 | $94,899,179↑12% | $94,899,179↑12% | $203,854,853↑3% | — |
| 2016 | $84,731,045↓2% | $84,731,045↓2% | $197,895,517↑1% | — |
| 2015 | $86,251,944↓7% | $86,251,944↓7% | $196,124,466↑7% | — |
| 2014 | $93,209,199↑7% | $93,209,199↑7% | $183,782,111↓15% | — |
| 2013 | $86,941,539↑13% | $86,941,539↑13% | $215,413,647↑4% | — |
| 2012 | $77,210,063↓4% | $77,210,063↓4% | $207,034,019↑4% | — |
| 2011 | $80,209,277 | $80,209,277 | $199,671,880 | — |
Frequently Asked Questions
What does Lea County Electric Cooperative INC do?▼
Lea County Electric Cooperative INC is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lea County Electric Cooperative INC financially healthy?▼
Based on our 9-metric Financial Health Score model, Lea County Electric Cooperative INC has a score of 52/100 (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 Lea County Electric Cooperative INC generate?▼
Lea County Electric Cooperative INC reports $111.6M in annual revenue and holds $270.4M in total assets, based on IRS filings.
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