J-a-c Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves Growing revenue
J-a-c Electric Cooperative Inc is a 501(c)(12) organization based in Henrietta, Texas, registered in 1940, with $16,839,708 in FY2024 revenue. CharityIndex grades it B.
1784 Fm 172, Henrietta, TX, 76365 EIN 75-0357146 Since 1940
Revenue (FY2024)
$16.8M
▼ 4.1% vs prior year
Expenses (FY2024)
$16.8M
Net assets
$27.6M
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 J-a-c 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 rating20 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 J-a-c Electric Cooperative Inc: 20 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 J-a-c 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 J-a-c 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 $9.0M (FY2013) to $16.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $15.9MNet assets $27.6M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$43.5M
Total liabilities
$15.9M
Net assets
$27.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $16,839,708▼4.1% | $16,839,708▼4.1% | $27,607,331▲2.8% | $43,498,800▲1.1% | 990 |
| 2023 | $17,565,899▲13.9% | $17,565,899▲13.9% | $26,850,310▲4.3% | $43,030,475 | 990 |
| 2022 | $15,418,267▲36.4% | $15,418,267▲36.4% | $25,754,569▲4.3% | $43,026,830▲55.9% | 990 |
| 2021 | $11,304,543▲10.6% | $11,304,543▲10.6% | $24,684,703▲3.9% | $27,594,358▲2.5% | 990 |
| 2020 | $10,224,455▼0.9% | $10,224,455▼0.9% | $23,752,693▲5.2% | $26,916,758▲3.1% | 990 |
| 2019 | $10,321,701▲4.2% | $10,321,701▲4.2% | $22,574,211▲5.9% | $26,106,180▲4.5% | 990 |
| 2018 | $9,908,181▲7.0% | $9,908,181▲7.0% | $21,317,461▲3.6% | $24,970,180▲3.8% | 990 |
| 2017 | $9,257,322▲7.5% | $9,257,366▲7.5% | $20,580,129▲2.3% | $24,045,364▲2.7% | 990 |
| 2016 | $8,608,645▼4.6% | $8,608,645▼4.6% | $20,109,665▲1.0% | $23,407,242▲4.4% | 990 |
| 2015 | $9,020,001▼11.2% | $9,020,001▼11.2% | $19,912,749▲9.3% | $22,430,620▲3.2% | 990 |
| 2014 | $10,155,914▲13.1% | $10,155,913▲13.1% | $18,222,641▲4.4% | $21,745,551▲4.2% | 990 |
| 2013 | $8,979,875 | $8,979,873▲5.7% | $17,452,925▲2.8% | $20,873,673▲4.0% | 990 |
| 2012 | — | $8,496,144▼7.8% | $16,975,164▲5.8% | $20,061,738▲3.2% | 990 |
| 2011 | — | $9,210,782▲3.9% | $16,040,197▲3.2% | $19,434,610▲1.2% | 990 |
| 2010 | — | $8,868,114 | $15,540,882 | $19,198,816 | 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 J-a-c Electric Cooperative Inc a legitimate nonprofit?
- Yes. J-a-c Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 75-0357146, based in Henrietta, Texas.
- What is J-a-c Electric Cooperative Inc's EIN?
- J-a-c Electric Cooperative Inc's Employer Identification Number (EIN) is 75-0357146.
- How much revenue does J-a-c Electric Cooperative Inc report?
- J-a-c Electric Cooperative Inc reported $16,839,708 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does J-a-c Electric Cooperative Inc have?
- CharityIndex grades J-a-c Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for J-a-c Electric Cooperative Inc (EIN 75-0357146) 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.