Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 26-2612715 • 501(c)3 • Merkel, TX
Profile
The accumulation and disbursement of funds for charitable purposes in the service area of taylor electric cooperative, inc.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
57th percentile
Higher net margin than 57% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Up$252,391
Up $4,917 (+2.0%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$252,391
Up $4,917 (+2.0%) from 2023
Revenue
Up$87,727
Up $1,923 (+2.2%) from 2023
Expenses
Up$82,810
Up $10,295 (+14%) from 2023
Net Income
Down$4,917
Down $8,372 (-63%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The accumulation and disbursement of funds for charitable purposes in the service area of taylor electric cooperative, inc.
| Description | Grants | Expenses |
|---|---|---|
| THE TRUST OPERATES AN OPERATION ROUND UP PROGRAM BY WHICH MEMBERS OF TAYLOR ELECTRIC COOPERATIVE ROUND UP THEIR UTILITY BILL TO THE NEXT WHOLE DOLLAR. THE FUNDS ARE THEN USED TO SUPPORT VOLUNTEER FIRE DEPARTMENTS AND NEEDY INDIVIDUALS IN THE TAYLOR ELECTRIC COOPERATIVE SERVICE AREA. APPROXIMATELY 26 DIFFERENT VOLUNTEER FIRE DEPARTMENTS RECEIVED CONTRIBUTIONS IN 2024. NO INDIVIDUALS RECEIVED ANY FUNDS IN 2024. | $82,750 | $82,810 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CECIL DAVIS | Board Chairman | - | $0 | - | - |
| KATHRYN RAINEY | Board Vice Chairman | - | $0 | - | - |
| DAVID MCFALL | Secretary/Treasurer | - | $0 | - | - |
| GARLAND CARTER | Director | - | $0 | - | - |
| RICHARD PETREE | Director | - | $0 | - | - |
| CRAIG BESSENT | Director | - | $0 | - | - |
| GAYLA SIMMONS | Director | - | $0 | - | - |
“Description: interest. Amount: 8,851.”
“Activity classification: to assist area volunteer fire departments. Grantee name: organizations receiving less than $5,000 per grantee name: organizations receiving less than $5,000 per. Grantee relationship: volunteer fire departments in taylor electric service area. Amount given: 82,750.”
“Description: administrative expenses. Amount: 60.”
“Description: receivable - taylor electric coop inc.. Beg. Of year amount: 6,608. End of year amount: 6,701. Description: interest receivable. Beg. Of year amount: 6,050. End of year amount: 265.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DAVID MCFALL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3257938500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 226 COUNTY RD 287 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MERKEL |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 79536 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 234816 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 245425 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 78876 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4917 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 247474 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 252391 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 82750 |
| IRS990EZ/GrossReceiptsAmt | 0 | 87727 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 8851 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 247474 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 252391 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 247474 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 252391 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CECIL DAVIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATHRYN RAINEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID MCFALL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | GARLAND CARTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RICHARD PETREE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | CRAIG BESSENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GAYLA SIMMONS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD VICE CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 12658 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6966 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 60 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF TAYLOR ELECTRIC COOPERATIVE, INC. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE TRUST OPERATES AN OPERATION ROUND UP PROGRAM BY WHICH MEMBERS OF TAYLOR ELECTRIC COOPERATIVE ROUND UP THEIR UTILITY BILL TO THE NEXT WHOLE DOLLAR. THE FUNDS ARE THEN USED TO SUPPORT VOLUNTEER FIRE DEPARTMENTS AND NEEDY INDIVIDUALS IN THE TAYLOR ELECTRIC COOPERATIVE SERVICE AREA. APPROXIMATELY 26 DIFFERENT VOLUNTEER FIRE DEPARTMENTS RECEIVED CONTRIBUTIONS IN 2024. NO INDIVIDUALS RECEIVED ANY FUNDS IN 2024. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 82750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 82810 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 82810 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 82810 |
| IRS990EZ/TotalRevenueAmt | 0 | 87727 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | TAYLORELECTRIC.COM/COMMUNITY/OPERATION-ROUND-UP/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 78876 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 79697 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 79677 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76342 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77726 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 392318 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 8851 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 6107 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 107 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 102 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 613 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 15780 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.96130 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.98010 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 392318 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 78876 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 79697 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 79677 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 76342 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77726 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 392318 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 408098 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 8,851. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: TO ASSIST AREA VOLUNTEER FIRE DEPARTMENTS. GRANTEE NAME: ORGANIZATIONS RECEIVING LESS THAN $5,000 PER GRANTEE NAME: ORGANIZATIONS RECEIVING LESS THAN $5,000 PER. GRANTEE RELATIONSHIP: VOLUNTEER FIRE DEPARTMENTS IN TAYLOR ELECTRIC SERVICE AREA. AMOUNT GIVEN: 82,750. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 60. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: RECEIVABLE - TAYLOR ELECTRIC COOP INC.. BEG. OF YEAR AMOUNT: 6,608. END OF YEAR AMOUNT: 6,701. DESCRIPTION: INTEREST RECEIVABLE. BEG. OF YEAR AMOUNT: 6,050. END OF YEAR AMOUNT: 265. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NANCY BRISCO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3257938500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TAYLOR ELECTRIC TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TAYL |
| ReturnHeader/Filer/EIN | 0 | 262612715 |
| ReturnHeader/Filer/PhoneNum | 0 | 3257938500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 250 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MERKEL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 79536 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 750882037 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BOLINGER SEGARS GILBERT AND MOSS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8215 NASHVILLE AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LUBBOCK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 79423 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8067473806 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATT R WILLIS |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-06-04T08:33:41-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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