Civic Intelligence

Cotton Electric Charitable Foundation

990 • Fiscal year 2018 • EIN 20-0746327

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 04, 2018

226 N Broadway StWalters, OK 73572-1226

(580) 875-3351

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

55th percentile

5.4%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$256,170

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 274.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

38%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

-2.1%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$62,435

Up $17,272 (+38%) from 2017

Net Assets

Up

$50,167

Up $5,004 (+11%) from 2017

Liabilities

Up

$12,268

Up $12,268 from 2017

Revenue

Down

$93,412

Down $1,978 (-2.1%) from 2017

Expenses

Up

$88,410

Up $3,035 (+3.6%) from 2017

Net Income

Down

$5,002

Down $5,013 (-50%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2010: $34,922Liabilities 2010: $0Net Assets 2010: $34,9222010Assets 2011: $38,140Liabilities 2011: $3,120Net Assets 2011: $35,0202011Assets 2012: $18,612Liabilities 2012: $475Net Assets 2012: $18,1372012Assets 2013: $47,607Liabilities 2013: $7,628Net Assets 2013: $39,9792013Assets 2014: $60,764Liabilities 2014: $18,268Net Assets 2014: $42,4962014Assets 2015: $28,903Liabilities 2015: $830Net Assets 2015: $28,0732015Assets 2016: $49,229Liabilities 2016: $14,081Net Assets 2016: $35,1482016Assets 2017: $45,163Liabilities 2017: $0Net Assets 2017: $45,1632017Assets 2018: $62,435Liabilities 2018: $12,268Net Assets 2018: $50,1672018Assets 2019: $63,894Liabilities 2019: $12,344Net Assets 2019: $51,5502019Assets 2020: $49,080Liabilities 2020: $0Net Assets 2020: $49,0802020Assets 2021: $45,065Liabilities 2021: $0Net Assets 2021: $45,0652021Assets 2022: $58,337Liabilities 2022: $0Net Assets 2022: $58,3372022Assets 2023: $59,456Liabilities 2023: $0Net Assets 2023: $59,4562023Assets 2024: $68,203Liabilities 2024: $1,200Net Assets 2024: $67,0032024Assets 2025: $84,121Liabilities 2025: $5,330Net Assets 2025: $78,7912025

Highlighted filing

2018

Assets$62,435
Liabilities$12,268
Net Assets$50,167

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KExpenses 2010: $95,8152010Expenses 2011: $78,0032011Expenses 2012: $93,0202012Expenses 2013: $77,3872013Revenue 2014: $88,082Expenses 2014: $85,565Net Income 2014: $2,5172014Revenue 2015: $92,750Expenses 2015: $107,173Net Income 2015: -$14,4232015Revenue 2016: $91,010Expenses 2016: $83,935Net Income 2016: $7,0752016Revenue 2017: $95,390Expenses 2017: $85,375Net Income 2017: $10,0152017Revenue 2018: $93,412Expenses 2018: $88,410Net Income 2018: $5,0022018Revenue 2019: $95,650Expenses 2019: $94,267Net Income 2019: $1,3832019Revenue 2020: $75,653Expenses 2020: $78,123Net Income 2020: -$2,4702020Revenue 2021: $87,157Expenses 2021: $91,172Net Income 2021: -$4,0152021Revenue 2022: $90,880Expenses 2022: $77,608Net Income 2022: $13,2722022Revenue 2023: $88,491Expenses 2023: $87,409Net Income 2023: $1,0822023Revenue 2024: $85,742Expenses 2024: $78,195Net Income 2024: $7,5472024Revenue 2025: $90,187Expenses 2025: $78,399Net Income 2025: $11,7882025

Highlighted filing

2018

Revenue$93,412
Expenses$88,410
Net Income$5,002
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 4, 2018
Return Version
2017v2.3
Gross Receipts
$109,815
Mission and Program Overview

Mission

CHARITABLE DONATIONS

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$38,850$54,136▲ $15,286
Accounts Receivable$6,315$8,299▲ $1,984
Total Assets$45,165$62,435▲ $17,270
Liabilities
Accounts Payable and Accrued Expenses-$12,268-
Total Liabilities$0$12,268▲ $12,268
Net Assets / Fund Balance
Unrestricted Net Assets$45,165$50,167▲ $5,002
Total Net Assets Fund Balance$45,165$50,167▲ $5,002
Total Liabilities and Net Assets / Fund Balance$45,165$62,435▲ $17,270
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ronnie BohotDirector$23,306$23,306

Board Members and Trustees

NameTitle
Carly DouglassPresident
Jennifer MeasonDirector
Danny MarlettSec/treasure
Carter WaidVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$83,160
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,252
All Other Contributions
$83,160
Change in Net Assets
$5,002

Audited Revenue Reconciliation

Revenue per Audited Statements
$93,412
Total Revenue per Audited Statements
$93,412
Total Revenue per Form 990
$93,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,679
Salaries, Compensation, and Employee Benefits$5,459
Other Expenses$3,272
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,679--$79,679
Other Salaries and Wages$5,459--$5,459
Fees for Services Accounting$2,000--$2,000
Other Expenses$105--$105
Insurance$65--$65
Total Functional Expenses$88,410$0$0$88,410

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$88,410
Total Expenses per Audited Statements$88,410
Total Expenses per Form 990$88,410
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Addington Volunteer Fire DepartmentAddington, OKOtherPumper Equipment$8,900
Randlett Volunteer Fire DepartmentRandlett, OKOtherFire Boots$6,480
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,655
Fundraising Direct Expenses$16,403
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$26,655$26,655$16,403$10,252
Total Events$26,655$26,655$16,403$10,252
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 provided to the board for review and approval prior to filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Cotton Electric Charitable
EIN
20-0746327
Phone
5808753351
Address
226 N BROADWAY ST, WALTERS, OK 73572-1226

Signing Officer

Name
Carly Douglass
Title
President
Phone
5808754241
Signed
2018-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Meason
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Briscoe Burke & Grigsby Llp
Address
4120 EAST 51ST STREET SUITE 100, TULSA, OK 74135-3633
Preparer
Sean B Dunahay CPA
Phone
9187498337
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The organization receives funds from the membership of cotton electric cooperative inc. And various other sources as deemed appropriate by the organization's board of directors. The organization shall dispense these funds to needy persons and families as well as making charitable donations to worthy organizations and causes within the service area of cotton electric cooperative inc.

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is exempt from income taxes under section 501(c)(3) of the internal revenue code and, accordingly, no provision has been made for income taxes.

Raw XML Appendix391 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0186522
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt050423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015528
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03697
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JENNIFER MEASON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0256170
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVES FUNDS FROM THE MEMBERSHIP OF COTTON ELECTRIC COOPERATIVE INC. AND VARIOUS OTHER SOURCES AS DEEMED APPROPRIATE BY THE ORGANIZATION'S BOARD OF DIRECTORS. THE ORGANIZATION SHALL DISPENSE THESE FUNDS TO NEEDY PERSONS AND FAMILIES AS WELL AS MAKING CHARITABLE DONATIONS TO WORTHY ORGANIZATIONS AND CAUSES WITHIN THE SERVICE AREA OF COTTON ELECTRIC COOPERATIVE INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COTTON ELECTRIC COOPERATIVE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0730199463
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ELEC DISTR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0226 NORTH BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WALTERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0735721299
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt045165
IRS990/TotalAssetsEOYAmt062435
IRS990/TotalAssetsGrp/BOYAmt045165
IRS990/TotalAssetsGrp/EOYAmt062435
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt083160
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt088410
IRS990/TotalFunctionalExpensesGrp/TotalAmt088410
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt012268
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt012268
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt045165
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt050167
IRS990/TotalOtherCompensationAmt065951
IRS990/TotalProgramServiceExpensesAmt088410
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt093412
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045165
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt062435
IRS990/TotReportableCompRltdOrgAmt0213525
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt045165
IRS990/UnrestrictedNetAssetsGrp/EOYAmt050167
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0226 N BROADWAY ST
IRS990/USAddress/CityNm0WALTERS
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073572
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.COTTONELECTRIC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARLY DOUGLASS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05808754241
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COTTON ELECTRIC CHARITABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0COTT
ReturnHeader/Filer/EIN0200746327
ReturnHeader/Filer/PhoneNum05808753351
ReturnHeader/Filer/USAddress/AddressLine1Txt0226 N BROADWAY ST
ReturnHeader/Filer/USAddress/CityNm0WALTERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd0735721226
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04C8A41972BB33917DC249F0BC4823617510CB3CA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04C8A41972BB33917DC249F0BC4823617510CB3CA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.207.232.134
ReturnHeader/FilingSecurityInformation/IPDt02019-02-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:24:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731293012
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRISCOE BURKE & GRIGSBY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04120 EAST 51ST STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0741353633
ReturnHeader/PreparerPersonGrp/PhoneNum09187498337
ReturnHeader/PreparerPersonGrp/PreparationDt02018-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN B DUNAHAY CPA
ReturnHeader/ReturnTs02019-02-18T16:24:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.05$0.79$0.90$0.78$0.12
2024Summary only. Only limited summary data is available for this year.$0.68$0.01$0.67$0.86$0.78$0.08
2023Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.88$0.87$0.01
2022Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.91$0.78$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.45$0.87$0.91$0.04
2020Summary only. Only limited summary data is available for this year.$0.49$0.00$0.49$0.76$0.78$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.12$0.52$0.96$0.94$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.62$0.12$0.50$0.93$0.88$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.95$0.85$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.14$0.35$0.91$0.84$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.93$1.07$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.18$0.42$0.88$0.86$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.08$0.40$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.18$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.03$0.35$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.00$0.35$0.96
Peer Organizations

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