Boone Valley Elec Co-op
501(c)(12)
Only null% goes to programs Strong reserves Declining revenue
Boone Valley Elec Co-op is a 501(c)(12) organization based in Renwick, Iowa, registered in 1937, with $205,405 in FY2025 revenue. CharityIndex grades it C+.
Po Box 71, Renwick, IA, 50577 EIN 42-0147800 Since 1937
Revenue (FY2025)
$205K
▼ 8.1% vs prior year
Expenses (FY2025)
$148K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Boone Valley Elec Co-op— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating117 mo reserves · +28% 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 Boone Valley Elec Co-op: 117 mo reserves · +28% margin earns a B+ 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 Boone Valley Elec Co-op— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Boone Valley Elec Co-op: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $211K (FY2016) to $205K (FY2025) across 10 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $80KNet assets $1.4M
Operating margin
28.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$80K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $205,405▼8.1% | $147,886▲25.2% | $1,439,589▲3.2% | $1,519,440▲2.5% | 990 |
| 2024 | $223,467▼2.1% | $118,141▼23.7% | $1,395,269▲8.4% | $1,482,064▲9.4% | 990 |
| 2023 | $228,181▼38.9% | $154,836▼2.1% | $1,287,326▼7.6% | $1,354,682▼7.8% | 990 |
| 2022 | $373,304▲58.4% | $158,198▲0.3% | $1,393,280▲14.0% | $1,468,952▲14.4% | 990 |
| 2021 | $235,699▲3.2% | $157,710▲49.3% | $1,222,277▲1.3% | $1,283,872▼0.1% | 990 |
| 2020 | $228,288▲10.7% | $105,659▼22.9% | $1,207,037▲16.3% | $1,285,422▲13.3% | 990 |
| 2019 | $206,315▼25.4% | $137,064▲1.5% | $1,037,439▲6.0% | $1,134,701▲7.6% | 990 |
| 2018 | $276,688▲72.1% | $135,071▲27.8% | $978,723▲16.5% | $1,054,987▲13.7% | 990 |
| 2017 | $160,753▼23.9% | $105,727▼15.3% | $840,183▲6.9% | $928,219▲6.4% | 990 |
| 2016 | $211,355 | $124,781 | $786,035 | $872,697 | 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 Boone Valley Elec Co-op a legitimate nonprofit?
- Yes. Boone Valley Elec Co-op is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 42-0147800, based in Renwick, Iowa.
- What is Boone Valley Elec Co-op's EIN?
- Boone Valley Elec Co-op's Employer Identification Number (EIN) is 42-0147800.
- How much revenue does Boone Valley Elec Co-op report?
- Boone Valley Elec Co-op reported $205,405 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Boone Valley Elec Co-op have?
- CharityIndex grades Boone Valley Elec Co-op C+, based on financial health (reserves and operating margin).
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Data for Boone Valley Elec Co-op (EIN 42-0147800) 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.