Mor-gran-sou Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves
Mor-gran-sou Electric Cooperative Inc is a 501(c)(12) organization based in Flasher, North Dakota, registered in 1950, with $24,260,085 in FY2023 revenue. CharityIndex grades it B.
Po Box 297, Flasher, ND, 58535 EIN 45-0217935 Since 1950
Revenue (FY2023)
$24.3M
▼ 3.2% vs prior year
Expenses (FY2023)
$24.3M
Net assets
$45.5M
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 Mor-gran-sou 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 rating22 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 Mor-gran-sou Electric Cooperative Inc: 22 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 Mor-gran-sou 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 Mor-gran-sou Electric Cooperative Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 297, Flasher, ND, 58535
- City
- Flasher
- State
- North Dakota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $21.4M (FY2013) to $24.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $66.3MNet assets $45.5M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$111.8M
Total liabilities
$66.3M
Net assets
$45.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $24,260,085▼3.2% | $24,260,085▼3.2% | $45,484,071▲2.9% | $111,760,031▲11.5% | 990 |
| 2022 | $25,058,468▲8.7% | $25,058,468▲8.7% | $44,187,992▲6.0% | $100,196,980▲8.1% | 990 |
| 2021 | $23,052,537▲0.9% | $23,052,537▲0.9% | $41,689,303▲4.9% | $92,689,960▲2.6% | 990 |
| 2020 | $22,849,346▼0.5% | $22,849,346▼0.5% | $39,745,601▲2.0% | $90,375,585▲1.0% | 990 |
| 2019 | $22,959,983▲1.7% | $22,959,983▲1.7% | $38,978,753▲1.9% | $89,450,839▼1.0% | 990 |
| 2018 | $22,573,718▲4.9% | $22,573,718▲4.9% | $38,262,738▲2.5% | $90,332,677▼1.2% | 990 |
| 2017 | $21,514,652▼0.8% | $21,514,652▼0.8% | $37,330,618▲0.8% | $91,415,386▼3.6% | 990 |
| 2016 | $21,691,920▲11.8% | $21,691,920▲11.8% | $37,043,798▲5.9% | $94,869,536▲1.0% | 990 |
| 2015 | $19,409,451▼0.1% | $19,409,451▼0.1% | $34,970,567▲2.8% | $93,955,573▲11.6% | 990 |
| 2014 | $19,431,084▼9.3% | $19,431,084▼9.3% | $34,013,322▲3.7% | $84,208,733▲6.5% | 990 |
| 2013 | $21,422,691 | $21,422,691▲9.8% | $32,787,366▲13.3% | $79,083,653▲11.1% | 990 |
| 2012 | — | $19,507,109▲26.0% | $28,932,288▲12.1% | $71,192,648▲2.2% | 990 |
| 2011 | — | $15,479,408 | $25,802,462 | $69,663,552 | 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 Mor-gran-sou Electric Cooperative Inc a legitimate nonprofit?
- Yes. Mor-gran-sou Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 45-0217935, based in Flasher, North Dakota.
- What is Mor-gran-sou Electric Cooperative Inc's EIN?
- Mor-gran-sou Electric Cooperative Inc's Employer Identification Number (EIN) is 45-0217935.
- How much revenue does Mor-gran-sou Electric Cooperative Inc report?
- Mor-gran-sou Electric Cooperative Inc reported $24,260,085 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mor-gran-sou Electric Cooperative Inc have?
- CharityIndex grades Mor-gran-sou Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for Mor-gran-sou Electric Cooperative Inc (EIN 45-0217935) 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.