Civic Intelligence

Barton County Electric Coop Inc

990 • Fiscal year 2011 • EIN 44-0164765

Jan 01, 2011 to Dec 31, 2011 • Filed on Aug 03, 2012

P O Box 45964759
Siviq Scores

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

Liabilities / Assets

73rd percentile

0.63x

Higher debt load relative to assets than 73% of similar nonprofits.

2011 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

27th percentile

1.2%

Faster asset growth than 27% of similar nonprofits.

2011 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$41,503,324

Up $472,955 (+1.2%) from 2010

Net Assets

Up

$15,190,327

Up $658,936 (+4.5%) from 2010

Liabilities

Down

$26,312,997

Down $185,981 (-0.7%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$15,738,995

Up $893,521 (+6.0%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $41,030,369Liabilities 2010: $26,498,978Net Assets 2010: $14,531,3912010Assets 2011: $41,503,324Liabilities 2011: $26,312,997Net Assets 2011: $15,190,3272011Assets 2012: $42,055,135Liabilities 2012: $25,864,170Net Assets 2012: $16,190,9652012Assets 2013: $44,105,759Liabilities 2013: $26,927,689Net Assets 2013: $17,178,0702013Assets 2014: $44,662,399Liabilities 2014: $25,716,775Net Assets 2014: $18,945,6242014Assets 2015: $45,322,237Liabilities 2015: $25,945,134Net Assets 2015: $19,377,1032015Assets 2016: $48,304,062Liabilities 2016: $27,999,857Net Assets 2016: $20,304,2052016Assets 2017: $49,198,000Liabilities 2017: $28,341,001Net Assets 2017: $20,856,9992017Assets 2018: $49,845,565Liabilities 2018: $27,330,157Net Assets 2018: $22,515,4082018Assets 2019: $51,093,262Liabilities 2019: $26,419,696Net Assets 2019: $24,673,5662019Assets 2020: $51,157,584Liabilities 2020: $25,401,620Net Assets 2020: $25,755,9642020Assets 2021: $53,305,232Liabilities 2021: $26,557,866Net Assets 2021: $26,747,3662021Assets 2022: $55,738,713Liabilities 2022: $27,344,512Net Assets 2022: $28,394,2012022Assets 2023: $56,989,910Liabilities 2023: $27,860,470Net Assets 2023: $29,129,4402023Assets 2024: $58,865,069Liabilities 2024: $28,932,435Net Assets 2024: $29,932,6342024

Highlighted filing

2011

Assets$41,503,324
Liabilities$26,312,997
Net Assets$15,190,327

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $14,845,4742010Expenses 2011: $15,738,9952011Expenses 2012: $15,991,3172012Revenue 2013: $17,070,472Expenses 2013: $16,450,511Net Income 2013: $619,9612013Revenue 2014: $17,745,545Expenses 2014: $17,143,936Net Income 2014: $601,6092014Revenue 2015: $17,353,661Expenses 2015: $16,775,498Net Income 2015: $578,1632015Revenue 2016: $17,626,349Expenses 2016: $17,060,939Net Income 2016: $565,4102016Revenue 2017: $17,193,532Expenses 2017: $16,797,077Net Income 2017: $396,4552017Revenue 2018: $18,653,449Expenses 2018: $18,653,449Net Income 2018: $02018Revenue 2019: $19,103,165Expenses 2019: $19,103,165Net Income 2019: $02019Revenue 2020: $18,744,914Expenses 2020: $18,744,914Net Income 2020: $02020Revenue 2021: $19,554,475Expenses 2021: $19,554,475Net Income 2021: $02021Revenue 2022: $21,018,301Expenses 2022: $21,018,301Net Income 2022: $02022Revenue 2023: $20,568,142Expenses 2023: $20,568,142Net Income 2023: $02023Revenue 2024: $21,237,414Expenses 2024: $21,237,414Net Income 2024: $02024

Highlighted filing

2011

Revenue-
Expenses$15,738,995
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Aug 3, 2012
Return Version
2011v1.2
Gross Receipts
$16,334,911
Mission and Program Overview

Mission

To improve farm production and living standards through electrical services provided to rural areas on a cooperative basis. To improve the economy of the community through electrical service provided to commercial, schools and churches. To promote a clean and safe environment through electrical service provided to landfills, highways and parks.

Filing and Contact Details

Filer

EIN
44-0164765
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. THE COOPERATIVE EVALUATES THE COMPONENTS OF THE ANNUAL TEST FOR MAINTENANCE OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THE POSITION THE COOPERATIVE TAKES WITH REGARD TO A PARTICULAR ITEM OF INCOME WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER FINANCIAL ACCOUNTING INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES.
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IRS990ScheduleD/InvestmentsProgramRelated/Description1NRU-CFC CAPITAL TERM CERTIFICATES
IRS990ScheduleD/InvestmentsProgramRelated/Description2NRU-CFC PATRONAGE RECEIVABLE
IRS990ScheduleD/InvestmentsProgramRelated/Description3ARKANSAS ELECTRIC COOPERATIVE
IRS990ScheduleD/InvestmentsProgramRelated/Description4OTHER ORGANIZATIONS
IRS990ScheduleD/OtherAmount0623038
IRS990ScheduleD/OtherExpensesNotIncluded0623038
IRS990ScheduleD/OtherLandBuildings/BookValue032224640
IRS990ScheduleD/OtherLandBuildings/Depreciation012782301
IRS990ScheduleD/OtherLandBuildings/InvestmentCostOrOtherBasis045006941
IRS990ScheduleD/RevenueSubtotal016334911
IRS990ScheduleD/Sect170hRequirementsSatisfied0false
IRS990ScheduleD/SolicitedAssetsForSale0false
IRS990ScheduleD/TotalAdjustments0623038
IRS990ScheduleD/TotalExpenses015738995
IRS990ScheduleD/TotalExpensesPerForm990015738995
IRS990ScheduleD/TotalOfBookValueLandBuildings032224640
IRS990ScheduleD/TotalOfBookValueProgramRelated05395841
IRS990ScheduleD/TotalRevenue016334911
IRS990ScheduleD/TotalRevenuePerForm990016334911
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt015115957
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt016334911
IRS990ScheduleD/WrittenPolicyMonitoring0false
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0OUR ORGANIZATION ONLY GAVE SMALL SUMS TO ANY OTHER NON-PROFIT ORGANIZATION. WE DID GIVE A TOTAL SUM OF 15,567, BUT THAT WENT TO A TOTAL OF OVER 40 ORGANIZATIONS.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/NoGrantMoreThan50000X
IRS990ScheduleI/RecordsMaintained0false
IRS990ScheduleJ/EquityBasedCompArrangement0false
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0124680
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg01050
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg043702
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0BOBBI A JEFFRIES
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg014055
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg02170
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0185657
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0false
IRS990ScheduleO/GeneralExplanation/Explanation0TO IMPROVE FARM PRODUCTION AND LIVING STANDARDS THROUGH ELECTRICAL SERVICES PROVIDED TO RURAL AREAS ON A COOPERATIVE BASIS. TO IMPROVE THE ECONOMY OF THE COMMUNITY THROUGH ELECTRICAL SERVICE PROVIDED TO COMMERCIAL, SCHOOLS AND CHURCHES. AND TO PROMOTE A CLEAN AND SAFE ENVIRONMENT THROUGH ELECTRICAL SERVICE PROVIDED TO LANDFILLS, HIGHWAYS AND PARKS.
IRS990ScheduleO/GeneralExplanation/Explanation1MEMBERS
IRS990ScheduleO/GeneralExplanation/Explanation2THREE BOARD MEMBERS ARE VOTED ON AND ELECTED EACH YEAR BY THE GENERAL MEMBERSHIP. EACH BOARD MEMBER IS ELECTED FOR A TERM OF 3 YEARS. THESE DIRECTORS ARE ALL MEMBERS OF THE ORGANIZATION AND ARE ELECTED BY ONE MEMBER EQUALS ONE VOTE PRINCIPLE AT OUR ANNUAL MEMBERSHIP MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation3THERE ARE NINE DIRECTORS WHICH APPROVE ALL POLICIES OF THE ORGANIZATION, BUT THE GENERAL MEMBERSHIP MUST APPROVE ANY CHANGES MADE TO THE BYLAWS OF THE ORGANIZATION. THOSE BYLAWS REQUIRE NOTIFICATION OF AND A VOTE OF THE MEMBERS AT THE ANNUAL MEETING TO CHANGE.
IRS990ScheduleO/GeneralExplanation/Explanation4THE BOARD OF DIRECTORS IS PRESENTED WITH A COPY OF THE 990 AT THE BOARD MEETING. THEY WILL REVIEW IT BY SECTION AND ASK QUESTIONS TO THE CEO/GENERAL MANAGER.
IRS990ScheduleO/GeneralExplanation/Explanation5CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE ANNUALLY REVIEWED WITH EMPLOYEES AND BOARD OF DIRECTORS. BOARD OF DIRECTORS ARE ASKED TO EXCUSE THEMSELVES FROM ANY DECISION WITH WHICH THEY HAVE A CONFLICT OF INTEREST.
IRS990ScheduleO/GeneralExplanation/Explanation6Y
IRS990ScheduleO/GeneralExplanation/Explanation7IN 2008 OUR ORGANIZATION HIRED THE NRECA CONSULTING GROUP TO EVALUATE JOB DUTIES AND COMPENSATION OF THE ENTIRE STAFF. EACH JOB DESCRIPTION WAS ASSIGNED A GRADE. COMPENSATION IS DETERMINED BY GRADE LEVEL, WHICH IS COMPARABLE TO OTHER COOPERATIVES WITHIN THE REGION.
IRS990ScheduleO/GeneralExplanation/Explanation8BARTON COUNTY ELECTRIC COOPERATIVE PRESENTS THE ANNUAL AUDIT AT THE ANNUAL MEMBER'S MEETING. BCEC HAS AN ACCESS TO INFORMATION POLICY THAT DETAILS HOW MEMBERS MAY OBTAIN COOPERATIVE INFORMATION. ALL BCEC BYLAWS AND MINUTES OF OUR BOARD OF DIRECTOR'S MEETINGS ARE POSTED FOR PUBLIC ACCESS ON OUR WEBSITE.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5ENFORCEMENT OF CONFLICTS POLICY

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.9$28.9$29.9$21.2$21.2$0.00
2023Detailed filing. Detailed filing data is available for this year.$57.0$27.9$29.1$20.6$20.6$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$27.3$28.4$21.0$21.0$0.00
2021Detailed filing. Detailed filing data is available for this year.$53.3$26.6$26.7$19.6$19.6$0.00
2020Detailed filing. Detailed filing data is available for this year.$51.2$25.4$25.8$18.7$18.7$0.00
2019Detailed filing. Detailed filing data is available for this year.$51.1$26.4$24.7$19.1$19.1$0.00
2018Detailed filing. Detailed filing data is available for this year.$49.8$27.3$22.5$18.7$18.7$0.00
2017Detailed filing. Detailed filing data is available for this year.$49.2$28.3$20.9$17.2$16.8$0.40
2016Detailed filing. Detailed filing data is available for this year.$48.3$28.0$20.3$17.6$17.1$0.57
2015Detailed filing. Detailed filing data is available for this year.$45.3$25.9$19.4$17.4$16.8$0.58
2014Detailed filing. Detailed filing data is available for this year.$44.7$25.7$18.9$17.7$17.1$0.60
2013Detailed filing. Detailed filing data is available for this year.$44.1$26.9$17.2$17.1$16.5$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.1$25.9$16.2$16.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.5$26.3$15.2$15.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.0$26.5$14.5$14.8