Civic Intelligence

Carroll Electric'S People for People Fund

990EZ • Fiscal year 2020 • EIN 34-1926880

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 11, 2021

PO Box 67Carrollton, OH 44615

(330) 627-2116

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

85th percentile

42%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

58th percentile

9.9%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

-1.8%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$268,367

Up $34,845 (+15%) from 2018

Net Assets

Up

$268,367

Up $34,845 (+15%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$57,285

Down $802 (-1.4%) from 2018

Expenses

Up

$33,000

Up $8,013 (+32%) from 2018

Net Income

Down

$24,285

Down $8,815 (-27%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $60,246Liabilities 2012: $0Net Assets 2012: $60,2462012Assets 2013: $91,105Liabilities 2013: $0Net Assets 2013: $91,1052013Assets 2014: $116,477Net Assets 2014: $116,4772014Assets 2015: $152,126Net Assets 2015: $152,1262015Assets 2016: $179,070Net Assets 2016: $179,0702016Assets 2017: $200,422Net Assets 2017: $200,4222017Assets 2018: $233,522Net Assets 2018: $233,5222018Assets 2020: $268,367Net Assets 2020: $268,3672020Assets 2021: $303,081Net Assets 2021: $303,0812021Assets 2022: $339,333Net Assets 2022: $339,3332022Assets 2024: $439,502Net Assets 2024: $439,5022024

Highlighted filing

2020

Assets$268,367
Liabilities-
Net Assets$268,367

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $55,241Expenses 2012: $68,786Net Income 2012: -$13,5452012Revenue 2013: $56,290Expenses 2013: $25,431Net Income 2013: $30,8592013Revenue 2014: $60,463Expenses 2014: $35,091Net Income 2014: $25,3722014Revenue 2015: $55,149Expenses 2015: $19,500Net Income 2015: $35,6492015Revenue 2016: $55,767Expenses 2016: $28,823Net Income 2016: $26,9442016Revenue 2017: $56,002Expenses 2017: $34,650Net Income 2017: $21,3522017Revenue 2018: $58,087Expenses 2018: $24,987Net Income 2018: $33,1002018Revenue 2020: $57,285Expenses 2020: $33,000Net Income 2020: $24,2852020Revenue 2021: $57,164Expenses 2021: $22,450Net Income 2021: $34,7142021Revenue 2022: $57,252Expenses 2022: $21,000Net Income 2022: $36,2522022Revenue 2024: $57,445Expenses 2024: $14,733Net Income 2024: $42,7122024

Highlighted filing

2020

Revenue$57,285
Expenses$33,000
Net Income$24,285
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 11, 2021
Return Version
2020v4.0
Gross Receipts
$57,285
Mission and Program Overview

Mission

To provide funds to needy individuals and other 501(c)(3) organizations as approved by the board. The funds that make up the 56,900 shown on line 1 were accumulated by rounding up the electric bills of carroll electric cooperative, inc. Consumers to the next highest dollar. There were approx 9,670 consumers of carroll electric cooperative that were participating in the "people for people" fund on december 31, 2022. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people for people" fund.

To provide funds to needy individuals and other 501(c)(3) organizations as approved by the board. The funds that make up the 56,258 shown on line 1 were accumulated by rounding up the electric bills of carroll electric cooperative, inc. Consumers to the next highest dollar. There were 9,671 consumers of carroll electric cooperative that were participating in the "people for people" fund on december 31, 2020. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people for people" fund.

Program Services

DescriptionGrantsExpenses
PROVIDED FUNDS TO NEEDY INDIVIDUALS AND OTHER 501(C)(3) ORGANIZATIONS AS APPROVED BY THE BOARD AS BEING WITHIN THE SPIRIT AND PURPOSE OF THE FUND.$33,000$33,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS CATTRELLChairman-$0--
DAVID M SEIKELVice Chairma-$0--
TERRI UTTSecretary-$0--
MICHAEL WADETrustee-$0--
JOHN BUETTNERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
CARROLL ELECTRIC'S PEOPLE FOR
EIN
34-1926880
Address
PO BOX 67, CARROLLTON, OH 44615

Signing Officer

Name
Thomas Cattrell
Title
Chairman
Signed
2021-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Bhm CPA Group Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
Preparer
Jeffrey a Harr
Phone
7404745210
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 33,000

Form 990-ez, Part III

To provide funds to needy individuals and other 501(c)(3) organizations as approved by the board. The funds that make up the 56,258 shown on line 1 were accumulated by rounding up the electric bills of carroll electric cooperative, inc. Consumers to the next highest dollar. There were 9,671 consumers of carroll electric cooperative that were participating in the "people for people" fund on december 31, 2020. An example of this participation is: a consumer's electric bill is 79.79. The bill is rounded up to 80.00 with .21 going into the "people for people" fund.

Raw XML Appendix139 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/PersonNm3MICHAEL WADE
CompensationExplanation/CompensationExplanationGrp/PersonNm4JOHN BUETTNER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDS TO NEEDY INDIVIDUALS AND OTHER 501(C)(3) ORGANIZATIONS AS APPROVED BY THE BOARD. THE FUNDS THAT MAKE UP THE 56,258 SHOWN ON LINE 1 WERE ACCUMULATED BY ROUNDING UP THE ELECTRIC BILLS OF CARROLL ELECTRIC COOPERATIVE, INC. CONSUMERS TO THE NEXT HIGHEST DOLLAR. THERE WERE 9,671 CONSUMERS OF CARROLL ELECTRIC COOPERATIVE THAT WERE PARTICIPATING IN THE "PEOPLE FOR PEOPLE" FUND ON DECEMBER 31, 2020. AN EXAMPLE OF THIS PARTICIPATION IS: A CONSUMER'S ELECTRIC BILL IS 79.79. THE BILL IS ROUNDED UP TO 80.00 WITH .21 GOING INTO THE "PEOPLE FOR PEOPLE" FUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED FUNDS TO NEEDY INDIVIDUALS AND OTHER 501(C)(3) ORGANIZATIONS AS APPROVED BY THE BOARD AS BEING WITHIN THE SPIRIT AND PURPOSE OF THE FUND.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 33,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROVIDE FUNDS TO NEEDY INDIVIDUALS AND OTHER 501(C)(3) ORGANIZATIONS AS APPROVED BY THE BOARD. THE FUNDS THAT MAKE UP THE 56,258 SHOWN ON LINE 1 WERE ACCUMULATED BY ROUNDING UP THE ELECTRIC BILLS OF CARROLL ELECTRIC COOPERATIVE, INC. CONSUMERS TO THE NEXT HIGHEST DOLLAR. THERE WERE 9,671 CONSUMERS OF CARROLL ELECTRIC COOPERATIVE THAT WERE PARTICIPATING IN THE "PEOPLE FOR PEOPLE" FUND ON DECEMBER 31, 2020. AN EXAMPLE OF THIS PARTICIPATION IS: A CONSUMER'S ELECTRIC BILL IS 79.79. THE BILL IS ROUNDED UP TO 80.00 WITH .21 GOING INTO THE "PEOPLE FOR PEOPLE" FUND.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS CATTRELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARROLL ELECTRIC'S PEOPLE FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PEOPLE FUND
ReturnHeader/Filer/BusinessNameControlTxt0CARR
ReturnHeader/Filer/EIN0341926880
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BHM CPA GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 875
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CIRCLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0431130875
ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY A HARR
ReturnHeader/ReturnTs02021-08-12T08:41:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CATTRELL
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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