Mora-san Miguel Electric Cooperative Inc
501(c)(12)
Only null% goes to programs Strong reserves
Mora-san Miguel Electric Cooperative Inc is a 501(c)(12) organization based in Mora, New Mexico, registered in 1954, with $13,938,409 in FY2024 revenue. CharityIndex grades it B.
Po Box 240, Mora, NM, 87732 EIN 85-0084487 Since 1954
Revenue (FY2024)
$13.9M
▲ 4.6% vs prior year
Expenses (FY2024)
$13.9M
Net assets
$11.7M
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 Mora-san Miguel 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 rating10 mo reserves · +1% 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 Mora-san Miguel Electric Cooperative Inc: 10 mo reserves · +1% 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 Mora-san Miguel 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 Mora-san Miguel 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 240, Mora, NM, 87732
- City
- Mora
- State
- New Mexico
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $11.7M (FY2013) to $13.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $28.7MNet assets $11.7M
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40.4M
Total liabilities
$28.7M
Net assets
$11.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $13,938,409▲4.6% | $13,856,055▲4.4% | $11,723,164▲3.4% | $40,381,280▲6.0% | 990 |
| 2023 | $13,330,751▲1.9% | $13,272,273▲1.7% | $11,334,348▲2.5% | $38,090,213▲1.4% | 990 |
| 2022 | $13,076,672▲1.7% | $13,056,339▲1.8% | $11,054,555▲7.7% | $37,576,968▲31.9% | 990 |
| 2021 | $12,852,709▼3.5% | $12,826,347▼0.2% | $10,267,712▲11.2% | $28,478,652▼7.0% | 990 |
| 2020 | $13,323,566▲1.7% | $12,858,092▼1.6% | $9,233,105▼9.0% | $30,622,887▲3.6% | 990 |
| 2019 | $13,106,238▲6.9% | $13,063,979▲6.6% | $10,143,088▲10.1% | $29,549,133▲0.4% | 990 |
| 2018 | $12,255,427▲3.0% | $12,255,427▲3.0% | $9,213,559▲3.3% | $29,436,262▲6.8% | 990 |
| 2017 | $11,898,040▼3.8% | $11,898,040▼3.8% | $8,918,686▼16.4% | $27,549,196▲9.6% | 990 |
| 2016 | $12,371,782▲3.3% | $12,371,782▲3.3% | $10,674,019▲5.3% | $25,144,568▲1.2% | 990 |
| 2015 | $11,980,308▲0.6% | $11,980,308▲0.7% | $10,140,908▲7.9% | $24,834,634▲2.6% | 990 |
| 2014 | $11,909,466▲1.4% | $11,895,097▲2.6% | $9,395,400▲8.7% | $24,215,621▼2.0% | 990 |
| 2013 | $11,747,949 | $11,596,408▲6.0% | $8,639,760▲1.7% | $24,705,234▼4.3% | 990 |
| 2012 | — | $10,940,943▲2.8% | $8,492,771▼11.5% | $25,823,456▲5.2% | 990 |
| 2011 | — | $10,644,468▲3.6% | $9,592,951▲0.9% | $24,536,316▲1.2% | 990 |
| 2010 | — | $10,269,638 | $9,511,376 | $24,252,336 | 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 Mora-san Miguel Electric Cooperative Inc a legitimate nonprofit?
- Yes. Mora-san Miguel Electric Cooperative Inc is a 501(c)(12) organization registered with the U.S. Internal Revenue Service under EIN 85-0084487, based in Mora, New Mexico.
- What is Mora-san Miguel Electric Cooperative Inc's EIN?
- Mora-san Miguel Electric Cooperative Inc's Employer Identification Number (EIN) is 85-0084487.
- How much revenue does Mora-san Miguel Electric Cooperative Inc report?
- Mora-san Miguel Electric Cooperative Inc reported $13,938,409 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mora-san Miguel Electric Cooperative Inc have?
- CharityIndex grades Mora-san Miguel Electric Cooperative Inc B, based on financial health (reserves and operating margin).
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Data for Mora-san Miguel Electric Cooperative Inc (EIN 85-0084487) 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.