Civic Intelligence

Webster Electric Foundation Inc.

990 • Fiscal year 2017 • EIN 43-1830399

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 12, 2018

PO Box 87Marshfield, MO 65706

(417) 859-2216

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

82nd percentile

41%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

62nd percentile

9.6%

Faster revenue growth than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$55,267

Up $16,076 (+41%) from 2016

Net Assets

Up

$55,267

Up $16,076 (+41%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$96,816

Up $8,487 (+9.6%) from 2016

Expenses

Down

$80,740

Down $3,516 (-4.2%) from 2016

Net Income

Up

$16,076

Up $12,003 (+295%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $108,563Liabilities 2010: $0Net Assets 2010: $108,5632010Assets 2011: $56,041Liabilities 2011: $0Net Assets 2011: $56,0412011Assets 2012: $63,088Liabilities 2012: $0Net Assets 2012: $63,0882012Assets 2013: $68,784Liabilities 2013: $0Net Assets 2013: $68,7842013Assets 2014: $102,482Liabilities 2014: $0Net Assets 2014: $102,4822014Assets 2015: $35,118Liabilities 2015: $0Net Assets 2015: $35,1182015Assets 2016: $39,191Liabilities 2016: $0Net Assets 2016: $39,1912016Assets 2017: $55,267Liabilities 2017: $0Net Assets 2017: $55,2672017Assets 2018: $46,036Liabilities 2018: $0Net Assets 2018: $46,0362018Assets 2019: $65,300Liabilities 2019: $0Net Assets 2019: $65,3002019Assets 2020: $96,042Liabilities 2020: $0Net Assets 2020: $96,0422020Assets 2021: $125,449Liabilities 2021: $0Net Assets 2021: $125,4492021Assets 2022: $126,902Liabilities 2022: $0Net Assets 2022: $126,9022022Assets 2023: $100,507Liabilities 2023: $0Net Assets 2023: $100,5072023Assets 2024: $70,317Liabilities 2024: $0Net Assets 2024: $70,3172024

Highlighted filing

2017

Assets$55,267
Liabilities$0
Net Assets$55,267

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $81,8532010Expenses 2011: $160,7942011Expenses 2012: $103,8912012Revenue 2013: $110,796Expenses 2013: $105,100Net Income 2013: $5,6962013Revenue 2014: $115,357Expenses 2014: $81,659Net Income 2014: $33,6982014Revenue 2015: $77,551Expenses 2015: $144,915Net Income 2015: -$67,3642015Revenue 2016: $88,329Expenses 2016: $84,256Net Income 2016: $4,0732016Revenue 2017: $96,816Expenses 2017: $80,740Net Income 2017: $16,0762017Revenue 2018: $93,913Expenses 2018: $103,144Net Income 2018: -$9,2312018Revenue 2019: $96,733Expenses 2019: $77,468Net Income 2019: $19,2652019Revenue 2020: $99,115Expenses 2020: $68,373Net Income 2020: $30,7422020Revenue 2021: $101,923Expenses 2021: $72,516Net Income 2021: $29,4072021Revenue 2022: $105,468Expenses 2022: $104,015Net Income 2022: $1,4532022Revenue 2023: $121,939Expenses 2023: $148,334Net Income 2023: -$26,3952023Revenue 2024: $114,101Expenses 2024: $144,291Net Income 2024: -$30,1902024

Highlighted filing

2017

Revenue$96,816
Expenses$80,740
Net Income$16,076
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 12, 2018
Return Version
2017v2.3
Gross Receipts
$96,816
Mission and Program Overview

Mission

The foundation is expressly established to enrich the communities serviced by webster electric cooperative through community betterment projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$39,191$55,267▲ $16,076
Rtn Earn Endowment Incm Other Fnds$39,191$55,267▲ $16,076
Total Assets$39,191$55,267▲ $16,076
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,191$55,267▲ $16,076
Total Liabilities and Net Assets / Fund Balance$39,191$55,267▲ $16,076
Compensation and Service Providers

Board Members and Trustees

NameTitle
John WhitePresident
Bill DavisDirector
Bill RobertsDirector
Kay FlemingDirector
Louise BigleyDirector
Randy OwensDirector
Vernon WolfDirector
Cathy BrownSecretary
Kathy DudleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$80,848
Program Service Revenue
$0
Investment Income
$317
Other Revenue
$15,651
All Other Contributions
$80,848
Change in Net Assets
$16,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$96,816
Total Revenue per Audited Statements
$96,816
Total Revenue per Form 990
$96,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$80,740
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$80,740--$80,740
Total Functional Expenses$80,740$0$0$80,740

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$80,740
Total Expenses per Audited Statements$80,740
Total Expenses per Form 990$80,740
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Honor Flight of the OzarksSpringfield, MO501c3Veteran Related Exp$10,000
Marshfield Senior CenterMarshfield, MO501c3Dining Room Expenses$10,000
Rogersville Police DeptRogersville, MOGovRadio Communications$10,000
Vivian Stuber Memorial LibraryNiangua, MOGovBrick Repair$10,000
Rogersville Area Senior CenterRogersville, MO501c3Roof Unit$9,020
City of Fordland Park BoardFordland, MOGovElect Serv at Park$7,670
Web-co Industries IncMarshfield, MO501c3New Machine$6,100
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,651
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$15,651$15,651-$15,651
Total Events$15,651$15,651-$15,651
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
Backup withholding compliance
Yes
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Webster Electric Foundation
EIN
43-1830399
Phone
4178592216
Address
PO BOX 87, MARSHFIELD, MO 65706

Signing Officer

Name
John White
Title
President
Phone
4178592216
Signed
2018-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John White
Formed
1998
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
0

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

Grants given to organizations and groups including fire departments, senior community centers & organizations that directly benefit the surrounding communities.

Raw XML AppendixShowing 400 of 434 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3DINING ROOM EXPENSES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4RADIO COMMUNICATIONS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ROOF UNIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6BRICK REPAIR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0WEB-CO INDUSTRIES INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY OF FORDLAND PARK BOARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2HONOR FLIGHT OF THE OZARKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MARSHFIELD SENIOR CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ROGERSVILLE POLICE DEPT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ROGERSVILLE AREA SENIOR CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6VIVIAN STUBER MEMORIAL LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0431121676
IRS990ScheduleI/RecipientTable/RecipientEIN1814047465
IRS990ScheduleI/RecipientTable/RecipientEIN2900937752
IRS990ScheduleI/RecipientTable/RecipientEIN3431311844
IRS990ScheduleI/RecipientTable/RecipientEIN4431693328
IRS990ScheduleI/RecipientTable/RecipientEIN5431677637
IRS990ScheduleI/RecipientTable/RecipientEIN6813337457
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 486
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 69
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22200 E SUNSHINE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3427 W WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4211 E CENTER ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5197 S MARSHALL ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6138 N MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MARSHFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FORDLAND
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SPRINGFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm3MARSHFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm4ROGERSVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5ROGERSVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm6NIANGUA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd065706
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd165652
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd265804
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd365706
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd465742
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd565742
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd665713
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS CHOOSES GRANT RECIPIENTS QUARTERLY FROM A POOL OF APPLICANTS. APPLICANTS MUST BE NON-PROFIT ORGANIZATIONS IN WEC'S SERVICE TERRITORY WITH A DETAILED PROJECT FOR COMMUNITY BETTERMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt07
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS GIVEN TO ORGANIZATIONS AND GROUPS INCLUDING FIRE DEPARTMENTS, SENIOR COMMUNITY CENTERS & ORGANIZATIONS THAT DIRECTLY BENEFIT THE SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
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/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0WEC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0WEBSTER ELECTRIC COOPERATIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WEBSTER ELECTRIC COOPERATIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0440516670
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ELEC DISTR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 87
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MARSHFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd065706
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt080848
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WEBSTER ELECTRIC COOPERATIVE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039191
IRS990/TotalAssetsEOYAmt055267
IRS990/TotalAssetsGrp/BOYAmt039191
IRS990/TotalAssetsGrp/EOYAmt055267
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt080848
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt080740
IRS990/TotalFunctionalExpensesGrp/TotalAmt080740
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt039191
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt055267
IRS990/TotalProgramServiceExpensesAmt080740
IRS990/TotalRevenueGrp/ExclusionAmt015968
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt096816
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039191
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt055267
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 87
IRS990/USAddress/CityNm0MARSHFIELD
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd065706
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.WEBSTEREC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$1.14$1.44$0.30
2023Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$1.22$1.48$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$1.05$1.04$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$1.02$0.73$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.99$0.68$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.97$0.77$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.94$1.03$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.97$0.81$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.39$0.88$0.84$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.78$1.45$0.67
2014Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$1.15$0.82$0.34
2013Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$1.11$1.05$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.00$0.63$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$1.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.82