CSCharityScored
89

Harmon Electric Association Inc

Other · Hollis, Oklahoma

114 N 1St St, Hollis, OK 73550-3012

EIN: 730274135· Founded: Mar 1940· 86 years active· Filing Year: 2023

Annual Revenue

$12.1M

Total Expenses

$12.1M

Total Assets

$39.4M

Program Spending

98%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$283K

2.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.0M

Total Payroll

$1.3M

11% of total expenses

Where the Money Goes

98%
Programs: 98%
Payroll: 11%
Other overhead: 2%
Program Revenue$11.9M (98%)
Total Expenses$12.1M (100%)
Payroll$1.3M (11%)
Overhead (non-program)2%

Trust Score Breakdown

Program Spending Ratio

98% of expenses go to programs

40%

Revenue & Stability

$12.1M annual revenue

15%

Executive Compensation

$283K total officer comp (2.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$39.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.