Civic Intelligence

Peace River Cooperative Charitable Foundation Inc.

990EZ • Fiscal year 2013 • EIN 20-4064056

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 11, 2014

PO Box 131033873-1310

(863) 767-4644

Siviq Scores

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

Liabilities / Assets

65th percentile

0.02x

Higher debt load relative to assets than 65% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

51st percentile

2.1%

Faster asset growth than 51% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

54th percentile

4.2%

Faster revenue growth than 54% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$292,110

Up $6,112 (+2.1%) from 2012

Net Assets

Up

$286,638

Up $6,776 (+2.4%) from 2012

Liabilities

Down

$5,472

Down $664 (-11%) from 2012

Revenue

Up

$186,719

Up $7,546 (+4.2%) from 2012

Expenses

Up

$179,943

Up $34,440 (+24%) from 2012

Net Income

Down

$6,776

Down $26,894 (-80%) from 2012

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $191,486Liabilities 2010: $5,279Net Assets 2010: $186,2072010Assets 2011: $253,028Liabilities 2011: $6,836Net Assets 2011: $246,1922011Assets 2012: $285,998Liabilities 2012: $6,136Net Assets 2012: $279,8622012Assets 2013: $292,110Liabilities 2013: $5,472Net Assets 2013: $286,6382013Assets 2014: $326,944Liabilities 2014: $15,860Net Assets 2014: $311,0842014Assets 2015: $339,493Liabilities 2015: $6,336Net Assets 2015: $333,1572015Assets 2016: $346,854Liabilities 2016: $4,444Net Assets 2016: $342,4102016Assets 2017: $338,732Liabilities 2017: $8,289Net Assets 2017: $330,4432017Assets 2018: $356,411Liabilities 2018: $6,106Net Assets 2018: $350,3052018Assets 2019: $405,822Liabilities 2019: $22,658Net Assets 2019: $383,1642019Assets 2020: $378,749Liabilities 2020: $11,116Net Assets 2020: $367,6332020Assets 2021: $408,856Liabilities 2021: $0Net Assets 2021: $408,8562021Assets 2022: $376,958Liabilities 2022: $700Net Assets 2022: $376,2582022Assets 2023: $433,676Liabilities 2023: $0Net Assets 2023: $433,6762023Assets 2024: $463,290Liabilities 2024: $1,053Net Assets 2024: $462,2372024

Highlighted filing

2013

Assets$292,110
Liabilities$5,472
Net Assets$286,638

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $174,334Expenses 2010: $131,147Net Income 2010: $43,1872010Revenue 2011: $175,957Expenses 2011: $115,972Net Income 2011: $59,9852011Revenue 2012: $179,173Expenses 2012: $145,503Net Income 2012: $33,6702012Revenue 2013: $186,719Expenses 2013: $179,943Net Income 2013: $6,7762013Revenue 2014: $190,297Expenses 2014: $170,942Net Income 2014: $19,3552014Revenue 2015: $186,856Expenses 2015: $168,853Net Income 2015: $18,0032015Revenue 2016: $183,923Expenses 2016: $174,670Net Income 2016: $9,2532016Revenue 2017: $176,937Expenses 2017: $188,904Net Income 2017: -$11,9672017Revenue 2018: $172,006Expenses 2018: $152,144Net Income 2018: $19,8622018Revenue 2019: $184,779Expenses 2019: $151,920Net Income 2019: $32,8592019Revenue 2020: $219,819Expenses 2020: $235,350Net Income 2020: -$15,5312020Revenue 2021: $206,943Expenses 2021: $165,720Net Income 2021: $41,2232021Revenue 2022: $228,643Expenses 2022: $261,241Net Income 2022: -$32,5982022Revenue 2023: $211,427Expenses 2023: $154,009Net Income 2023: $57,4182023Revenue 2024: $221,148Expenses 2024: $192,587Net Income 2024: $28,5612024

Highlighted filing

2013

Revenue$186,719
Expenses$179,943
Net Income$6,776
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 11, 2014
Return Version
2013v3.1
Gross Receipts
$186,719
Mission and Program Overview

Mission

The purpose of the foundation shall be the accumulation and disbursement of funds for charitable purposes in the service area of peace river electric cooperative, inc. And its surrounding communities. This shall be accomplished by disbursement of these accumulated charitable funds of the foundation to individuals and organizations for needs which are related to food, shelter, clothing, health needs, environmental and education. Upon dissolution of the foundation, any remaining funds shall be distributed only for charitable purposes.

Program Services

DescriptionGrantsExpenses
FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS FOR NEEDS WHICH ARE RELATED TO FOOD, SHELTER, CLOTHING, HEALTH NEEDS, ENVIRONMENTAL AND EDUCATION.$87,936$120,070
PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS RESIDING IN THE FOUNDATION'S LOCAL 10 COUNTY AREA, ALL OF WHICH ARE IN THE STATE OF FLORIDA.$43,850$59,873
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARIE DASHERSecretary-$0--
JULIAN THARPPresident-$0--
WILLIAM E HODGETreasurer-$0--
JOE PARRISHVice Pres.-$0--
PATRICIA GUGLEDirector-$0--
BRUCE BEHRENSDirector-$0--
ELLEN HAMELDirector-$0--
LOIS VALLEYDirector-$0--
JOHN LIPEDirector-$0--
MARK ALEXANDERDirector-$0--
Filing and Contact Details

Filer

EIN
20-4064056
Phone
8637674644

Signing Officer

Name
Julian Tharp
Title
President
Phone
8637674644
Signed
2014-07-11
Discuss with paid preparer
Yes

Preparer

Preparer
Joseph J Welch CPA
Phone
9419070350
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

26,912 0 0 43,850 0 0

Form 990-ez, Part I, Line 10

First baptist church of ft. Ogden charitable p.o. Box 157 ft. Ogden, fl 34267 11,704 0 0 hardee bridge of hope charitable 08/26/2013 220 n. 6th ave wauchula, fl 33873 20,000 0 0 caring people recovery center charitable 09/19/2013 5207 doyle parker ave bowling green, fl 33834 20,000 0 0

Form 990-ez, Part I, Line 16

Expenses materials 7,962 materials 3,970 total 11,932

Form 990-ez, Part II, Line 24

Contributions receivable 15,052 15,705 total 15,052 15,705

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,033 5,472 promises to give 103 0

Form 990-ez, Part III

The purpose of the foundation shall be the accumulation and disbursement of funds for charitable purposes in the service area of peace river electric cooperative, inc. And its surrounding communities. This shall be accomplished by disbursement of these accumulated charitable funds of the foundation to individuals and organizations for needs which are related to food, shelter, clothing, health needs, environmental and education. Upon dissolution of the foundation, any remaining funds shall be distributed only for charitable purposes.

Raw XML Appendix181 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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CompensationExplanation/CompensationExplanationGrp/PersonNm1JULIAN THARP
CompensationExplanation/CompensationExplanationGrp/PersonNm2WILLIAM E HODGE
CompensationExplanation/CompensationExplanationGrp/PersonNm3JOE PARRISH
CompensationExplanation/CompensationExplanationGrp/PersonNm4PATRICIA GUGLE
CompensationExplanation/CompensationExplanationGrp/PersonNm5BRUCE BEHRENS
CompensationExplanation/CompensationExplanationGrp/PersonNm6ELLEN HAMEL
CompensationExplanation/CompensationExplanationGrp/PersonNm7LOIS VALLEY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JOHN LIPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MARK ALEXANDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE FOUNDATION SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF PEACE RIVER ELECTRIC COOPERATIVE, INC. AND ITS SURROUNDING COMMUNITIES. THIS SHALL BE ACCOMPLISHED BY DISBURSEMENT OF THESE ACCUMULATED CHARITABLE FUNDS OF THE FOUNDATION TO INDIVIDUALS AND ORGANIZATIONS FOR NEEDS WHICH ARE RELATED TO FOOD, SHELTER, CLOTHING, HEALTH NEEDS, ENVIRONMENTAL AND EDUCATION. UPON DISSOLUTION OF THE FOUNDATION, ANY REMAINING FUNDS SHALL BE DISTRIBUTED ONLY FOR CHARITABLE PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS FOR NEEDS WHICH ARE RELATED TO FOOD, SHELTER, CLOTHING, HEALTH NEEDS, ENVIRONMENTAL AND EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS RESIDING IN THE FOUNDATION'S LOCAL 10 COUNTY AREA, ALL OF WHICH ARE IN THE STATE OF FLORIDA.
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PRECO.COOP
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0175630
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IRS990ScheduleA/TotalSupportAmt0890287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt026,912 0 0 43,850 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIRST BAPTIST CHURCH OF FT. OGDEN CHARITABLE P.O. BOX 157 FT. OGDEN, FL 34267 11,704 0 0 HARDEE BRIDGE OF HOPE CHARITABLE 08/26/2013 220 N. 6TH AVE WAUCHULA, FL 33873 20,000 0 0 CARING PEOPLE RECOVERY CENTER CHARITABLE 09/19/2013 5207 DOYLE PARKER AVE BOWLING GREEN, FL 33834 20,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES MATERIALS 7,962 MATERIALS 3,970 TOTAL 11,932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRIBUTIONS RECEIVABLE 15,052 15,705 TOTAL 15,052 15,705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,033 5,472 PROMISES TO GIVE 103 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PURPOSE OF THE FOUNDATION SHALL BE THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF PEACE RIVER ELECTRIC COOPERATIVE, INC. AND ITS SURROUNDING COMMUNITIES. THIS SHALL BE ACCOMPLISHED BY DISBURSEMENT OF THESE ACCUMULATED CHARITABLE FUNDS OF THE FOUNDATION TO INDIVIDUALS AND ORGANIZATIONS FOR NEEDS WHICH ARE RELATED TO FOOD, SHELTER, CLOTHING, HEALTH NEEDS, ENVIRONMENTAL AND EDUCATION. UPON DISSOLUTION OF THE FOUNDATION, ANY REMAINING FUNDS SHALL BE DISTRIBUTED ONLY FOR CHARITABLE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIAN THARP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08637674644
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10PEACE RIVER COOPERATIVE CHARITABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine20FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0204064056
ReturnHeader/Filer/PhoneNum08637674644
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1310
ReturnHeader/Filer/USAddress/City0WAUCHULA
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode0338731310
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PURVIS GRAY & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105001 LAKEWOOD RANCH BLVD N STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode034240
ReturnHeader/PreparerPersonGrp/PhoneNum09419070350
ReturnHeader/PreparerPersonGrp/PreparationDt02014-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH J WELCH CPA
ReturnHeader/ReturnTs02014-08-05T12:34:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.63$0.01$4.62$2.21$1.93$0.29
2023Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$2.11$1.54$0.57
2022Detailed filing. Detailed filing data is available for this year.$3.77$0.01$3.76$2.29$2.61$0.33
2021Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$2.07$1.66$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.79$0.11$3.68$2.20$2.35$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.06$0.23$3.83$1.85$1.52$0.33
2018Detailed filing. Detailed filing data is available for this year.$3.56$0.06$3.50$1.72$1.52$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.39$0.08$3.30$1.77$1.89$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.47$0.04$3.42$1.84$1.75$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.39$0.06$3.33$1.87$1.69$0.18
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.16$3.11$1.90$1.71$0.19
2013Detailed filing. Detailed filing data is available for this year.$2.92$0.05$2.87$1.87$1.80$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$0.06$2.80$1.79$1.46$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.07$2.46$1.76$1.16$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.05$1.86$1.74$1.31$0.43