Lane-scott Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves
Lane-scott Electric Cooperative Inc is a 501(c)(12) organization based in Dighton, Kansas, registered in 1952, with $20,092,082 in FY2024 revenue. CharityIndex grades it B.
Po Box 758, Dighton, KS, 67839 EIN 48-0526038 Since 1952
Revenue (FY2024)
$20.1M
▲ 1.3% vs prior year
Expenses (FY2024)
$19.5M
Net assets
$27.0M
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 Lane-scott 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 rating17 mo reserves · +3% 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 Lane-scott Electric Cooperative Inc: 17 mo reserves · +3% 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 Lane-scott 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 Lane-scott 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 $17.1M (FY2013) to $20.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $37.4MNet assets $27.0M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64.4M
Total liabilities
$37.4M
Net assets
$27.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,092,082▲1.3% | $19,490,929▼0.2% | $27,004,340▲4.1% | $64,442,096▼2.2% | 990 |
| 2023 | $19,834,006▼14.6% | $19,529,432▼14.9% | $25,936,499▲1.1% | $65,866,173▲1.8% | 990 |
| 2022 | $23,222,453▲5.6% | $22,949,677▲6.2% | $25,649,488▲4.5% | $64,701,717 | 990 |
| 2021 | $21,993,870▲26.2% | $21,614,409▲24.7% | $24,535,863▲9.5% | $64,691,366▲5.6% | 990 |
| 2020 | $17,425,111▼12.2% | $17,329,709▼14.6% | $22,401,539▲1.4% | $61,283,842▲4.9% | 990 |
| 2019 | $19,846,279▲3.9% | $20,286,319▲6.2% | $22,092,544▲15.9% | $58,436,499▲12.6% | 990 |
| 2018 | $19,101,552▲3.5% | $19,101,552▲3.5% | $19,063,322▲7.4% | $51,895,309▲0.5% | 990 |
| 2017 | $18,446,732▲3.9% | $18,446,732▲16.4% | $17,746,602▲11.0% | $51,621,991▲1.9% | 990 |
| 2016 | $17,761,010▼2.8% | $15,846,333▼4.1% | $15,989,591▲13.6% | $50,681,965▲6.8% | 990 |
| 2015 | $18,277,613▲7.0% | $16,522,531▲4.2% | $14,076,129▲51.7% | $47,456,031▲3.7% | 990 |
| 2013 | $17,086,374 | $15,853,530▲5.8% | $9,278,300▲14.4% | $45,764,803▲24.8% | 990 |
| 2012 | — | $14,988,946▲2.7% | $8,107,252▲35.7% | $36,665,738▲8.7% | 990 |
| 2011 | — | $14,598,870▲11.3% | $5,974,921▼8.7% | $33,720,181▼0.2% | 990 |
| 2010 | — | $13,113,736 | $6,546,903 | $33,777,812 | 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 Lane-scott Electric Cooperative Inc a legitimate nonprofit?
- Yes. Lane-scott Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 48-0526038, based in Dighton, Kansas.
- What is Lane-scott Electric Cooperative Inc's EIN?
- Lane-scott Electric Cooperative Inc's Employer Identification Number (EIN) is 48-0526038.
- How much revenue does Lane-scott Electric Cooperative Inc report?
- Lane-scott Electric Cooperative Inc reported $20,092,082 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lane-scott Electric Cooperative Inc have?
- CharityIndex grades Lane-scott Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for Lane-scott Electric Cooperative Inc (EIN 48-0526038) 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.