Marshall-dekalb Electric Cooperative
501(c)(12)
Only null% goes to programs Strong reserves
Marshall-dekalb Electric Cooperative is a 501(c)(12) organization based in Boaz, Alabama, with $20,392,875 in FY2024 revenue. CharityIndex grades it C+.
Po Box 724, Boaz, AL, 35957 EIN 63-0132555
Revenue (FY2024)
$20.4M
▲ 4.9% vs prior year
Expenses (FY2024)
$17.5M
Net assets
$73.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Marshall-dekalb Electric Cooperative— 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 rating50 mo reserves · +14% 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 Marshall-dekalb Electric Cooperative: 50 mo reserves · +14% 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 Marshall-dekalb Electric Cooperative— 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 Marshall-dekalb Electric Cooperative: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $13.6M (FY2013) to $20.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $37.1MNet assets $73.0M
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$110.0M
Total liabilities
$37.1M
Net assets
$73.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,392,875▲4.9% | $17,536,854▲5.4% | $72,950,495▲4.1% | $110,007,347▲7.3% | 990 |
| 2023 | $19,439,281▼1.2% | $16,631,544▲5.2% | $70,092,134▲4.2% | $102,500,687▲3.3% | 990 |
| 2022 | $19,675,444▲6.1% | $15,812,049▲2.7% | $67,282,265▲6.1% | $99,231,302▲3.3% | 990 |
| 2021 | $18,545,582▲4.2% | $15,393,263▲12.2% | $63,412,658▲6.3% | $96,065,726▲6.8% | 990 |
| 2020 | $17,797,114▲9.8% | $13,721,498▼5.4% | $59,668,200▲7.3% | $89,972,951▲2.6% | 990 |
| 2019 | $16,204,483▲5.6% | $14,497,903▼2.4% | $55,590,991▲3.2% | $87,685,817▲9.9% | 990 |
| 2018 | $15,342,675▲4.5% | $14,850,973▲11.6% | $53,882,748▲0.9% | $79,818,973▲1.1% | 990 |
| 2017 | $14,682,463▲1.6% | $13,310,727▲12.3% | $53,390,092▲2.6% | $78,953,685▲3.9% | 990 |
| 2016 | $14,451,008▲3.2% | $11,854,150▲2.0% | $52,018,279▲5.3% | $75,990,967▲5.5% | 990 |
| 2015 | $13,999,778▲7.4% | $11,624,651▲1.8% | $49,420,791▲5.1% | $72,038,124▲4.4% | 990 |
| 2014 | $13,038,628▼4.0% | $11,417,902▲9.5% | $47,044,812▲3.6% | $69,022,033▲3.6% | 990 |
| 2013 | $13,588,187 | $10,423,899▲4.2% | $45,423,113▲7.5% | $66,652,048▲4.4% | 990 |
| 2012 | — | $10,007,899▼0.8% | $42,258,881▲9.8% | $63,831,575▲8.6% | 990 |
| 2011 | — | $10,092,114▼1.7% | $38,489,559▲10.0% | $58,781,443▲2.6% | 990 |
| 2010 | — | $10,270,787 | $34,983,487 | $57,278,923 | 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.
Grants received · $23K total
1 grant to Marshall-dekalb Electric Cooperative totaling $23K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Rural Utilities Cooperative Finance Corp | Integrity fund - territory threat | 2015 | $23,476 |
Frequently asked questions
- Is Marshall-dekalb Electric Cooperative a legitimate nonprofit?
- Yes. Marshall-dekalb Electric Cooperative is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 63-0132555, based in Boaz, Alabama.
- What is Marshall-dekalb Electric Cooperative's EIN?
- Marshall-dekalb Electric Cooperative's Employer Identification Number (EIN) is 63-0132555.
- How much revenue does Marshall-dekalb Electric Cooperative report?
- Marshall-dekalb Electric Cooperative reported $20,392,875 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Marshall-dekalb Electric Cooperative have?
- CharityIndex grades Marshall-dekalb Electric Cooperative C+, based on financial health (reserves and operating margin).
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Data for Marshall-dekalb Electric Cooperative (EIN 63-0132555) 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.