Civic Intelligence

First Electric Trust

EIN 31-1586917 • 501(c)3 • Jacksonville, AR

1000 South Jp Wright Loop RoadJacksonville, AR 72076

firstelectric.coop/COMMUNITY/OPERATION-ROUND-UP

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

57th percentile

5.2%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$1,400

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

56th percentile

3.3%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$44,068

Up $7,499 (+21%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$44,068

Up $7,499 (+21%) from 2023

Revenue

Up

$143,301

Up $7,546 (+5.6%) from 2023

Expenses

Up

$135,802

Up $3,192 (+2.4%) from 2023

Net Income

Up

$7,499

Up $4,354 (+138%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2020: $21,941Liabilities 2020: $0Net Assets 2020: $21,9412020Assets 2021: $34,113Liabilities 2021: $0Net Assets 2021: $34,1132021Assets 2022: $33,424Liabilities 2022: $0Net Assets 2022: $33,4242022Assets 2023: $36,569Liabilities 2023: $0Net Assets 2023: $36,5692023Assets 2024: $44,068Liabilities 2024: $0Net Assets 2024: $44,0682024

Highlighted filing

2024

Assets$44,068
Liabilities$0
Net Assets$44,068

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $125,916Expenses 2020: $124,890Net Income 2020: $1,0262020Revenue 2021: $129,519Expenses 2021: $117,347Net Income 2021: $12,1722021Revenue 2022: $134,385Expenses 2022: $135,074Net Income 2022: -$6892022Revenue 2023: $135,755Expenses 2023: $132,610Net Income 2023: $3,1452023Revenue 2024: $143,301Expenses 2024: $135,802Net Income 2024: $7,4992024

Highlighted filing

2024

Revenue$143,301
Expenses$135,802
Net Income$7,499

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$143,301
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
FIRST ELECTRIC TRUST PROVIDED FUNDING FOR NON-PROFIT ORGANIZATIONS/AGENCIES AND INDIVIDUALS WITH REGARD TO FOOD, SHELTER, CLOTHING, HEALTH CARE, EQUIPMENT, COMMUNITY IMPROVEMENT PROJECTS, EDUCATION AND OTHER SPECIAL NEEDS ITEMS IN THE 18 COUNTY SERVICE TERRITORY OF FIRST ELECTRIC COOPERATIVE THROUGH "OPERATION ROUND UP". FIRST ELECTRIC COOPERATIVE CORPORATION ADMINISTERS THE TRUST AND COLLECTS ALL DONATIONS ON BEHALF OF THE TRUST AND FUNDS ALL OPERATING EXPENSES. ADDITIONALLY, FIRST ELECTRIC COOPERATIVE CORPORATION PROVIDED ACCOUNTING AND MANAGEMENT SERVICES VALUED AT $5,062.$115,407$135,804
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOIS A BURKSChairman-$1,400-$1,400
JOANN HARKEYVice-Chairman-$1,400-$1,400
JAMES ZAHNDDirector-$1,400-$1,400
JIM HAWKINSDirector-$1,400-$1,400
TOSHIA SMITHDirector-$1,400-$1,400
LUCAS MINTONDirector-$1,400-$1,400
LOIS ANN BRYANTTreasurer-$1,050-$1,050
COURTNEY CHISMSecretary-$1,050-$1,050
KIMBERLY EZELLDirector-$700-$700
MELISSA WOODCFO-$0--
Filing and Contact Details

Filer

Filer Name
First Electric Trust
EIN
31-1586917
Phone
5019824545
Address
1000 SOUTH JP WRIGHT LOOP ROAD, JACKSONVILLE, AR 72076

Signing Officer

Name
Melissa Wood
Title
CFO
Phone
5019824545
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
William M Miller
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: $18000 paid directly to the chosen college/university of the 18 recipients.. Grantee name: scholarships. Amount given: 18,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: 70 grants to 56 separate organizations. Amounts $250-$2,500 per transaction.. Grantee name: donations. Amount given: 87,407.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant for educational needs. Grantee name: arkansas single parent scholarship fund program. Grantee address: 614 east emma avenue, ste 119 springdale, ar 72764. Amount given: 10,000. Total included on form 990-ez, line 10: 115,407.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: mileage reimbursement. Amount: 1,686. Description: meals expense. Amount: 1,018. Description: office supplies. Amount: 5,711. Total to form 990-ez, line 16: 8,415.

Raw XML Appendix191 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: $18000 PAID DIRECTLY TO THE CHOSEN COLLEGE/UNIVERSITY OF THE 18 RECIPIENTS.. GRANTEE NAME: SCHOLARSHIPS. AMOUNT GIVEN: 18,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: 70 GRANTS TO 56 SEPARATE ORGANIZATIONS. AMOUNTS $250-$2,500 PER TRANSACTION.. GRANTEE NAME: DONATIONS. AMOUNT GIVEN: 87,407.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: GRANT FOR EDUCATIONAL NEEDS. GRANTEE NAME: ARKANSAS SINGLE PARENT SCHOLARSHIP FUND PROGRAM. GRANTEE ADDRESS: 614 EAST EMMA AVENUE, STE 119 SPRINGDALE, AR 72764. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 115,407.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MILEAGE REIMBURSEMENT. AMOUNT: 1,686. DESCRIPTION: MEALS EXPENSE. AMOUNT: 1,018. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 5,711. TOTAL TO FORM 990-EZ, LINE 16: 8,415.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
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ReturnHeader/Filer/EIN0311586917
ReturnHeader/Filer/PhoneNum05019824545
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLINGER SEGARS GILBERT AND MOSS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 NASHVILLE AVENUE
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-17T23:28:29-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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