Ashley-chicot Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
Ashley-chicot Electric Cooperative Inc is a 501(c)(12) organization based in Hamburg, Arkansas, registered in 1954, with $14,909,855 in FY2024 revenue. CharityIndex grades it B.
307 E Jefferson St, Hamburg, AR, 71646 EIN 71-0205220 Since 1954
Revenue (FY2024)
$14.9M
▲ 24.4% vs prior year
Expenses (FY2024)
$14.9M
Net assets
$23.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ashley-chicot Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating19 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ashley-chicot Electric Cooperative Inc: 19 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ashley-chicot Electric Cooperative Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ashley-chicot Electric Cooperative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $10.3M (FY2013) to $14.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $27.3MNet assets $23.1M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$50.3M
Total liabilities
$27.3M
Net assets
$23.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,909,855▲24.4% | $14,909,855▲24.4% | $23,054,182▲11.1% | $50,332,696▲8.9% | 990 |
| 2023 | $11,985,900▼11.3% | $11,985,900▼11.3% | $20,747,488▲5.1% | $46,229,416▲7.3% | 990 |
| 2022 | $13,513,079▲13.2% | $13,513,079▲13.2% | $19,747,810▲3.4% | $43,086,261▲9.0% | 990 |
| 2021 | $11,933,884▲13.4% | $11,933,884▲13.4% | $19,099,459▲1.8% | $39,523,502▲5.2% | 990 |
| 2020 | $10,520,663▲3.9% | $10,520,663▲3.9% | $18,758,367▲0.3% | $37,577,640▼1.4% | 990 |
| 2019 | $10,128,542▼6.6% | $10,128,542▼6.6% | $18,709,735▲3.1% | $38,125,123 | 990 |
| 2018 | $10,839,663▲11.8% | $10,839,663▲11.8% | $18,144,090▲6.7% | $38,138,732▲5.3% | 990 |
| 2017 | $9,691,276▼3.5% | $9,691,276▼3.5% | $17,011,595▲0.9% | $36,223,384▼0.6% | 990 |
| 2016 | $10,042,706▼1.8% | $10,042,706▼1.8% | $16,858,512▲0.6% | $36,442,665▲3.4% | 990 |
| 2015 | $10,222,092▲4.0% | $10,222,092▲4.0% | $16,760,817▲3.4% | $35,243,134▲0.1% | 990 |
| 2014 | $9,830,501▼5.0% | $9,830,501▼5.0% | $16,202,001▲2.4% | $35,191,963▲3.3% | 990 |
| 2013 | $10,344,253 | $10,344,253▲5.5% | $15,826,462▲4.3% | $34,053,559▲4.0% | 990 |
| 2012 | — | $9,808,294▼7.2% | $15,179,976▲4.1% | $32,739,640▲0.9% | 990 |
| 2011 | — | $10,564,322▲15.5% | $14,577,461▲10.4% | $32,455,248▼0.5% | 990 |
| 2010 | — | $9,147,407 | $13,206,394 | $32,628,506 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Ashley-chicot Electric Cooperative Inc a legitimate nonprofit?
- Yes. Ashley-chicot Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 71-0205220, based in Hamburg, Arkansas.
- What is Ashley-chicot Electric Cooperative Inc's EIN?
- Ashley-chicot Electric Cooperative Inc's Employer Identification Number (EIN) is 71-0205220.
- How much revenue does Ashley-chicot Electric Cooperative Inc report?
- Ashley-chicot Electric Cooperative Inc reported $14,909,855 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ashley-chicot Electric Cooperative Inc have?
- CharityIndex grades Ashley-chicot Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for Ashley-chicot Electric Cooperative Inc (EIN 71-0205220) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.