Civic Intelligence

Horry Electric Trust

990EZ • Fiscal year 2022 • EIN 57-6148364

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

Organization ProfileN/A
PO Box 119Conway, SC 29258-0119

(843) 369-2211

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

50th percentile

4.7%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

55th percentile

4.1%

Faster asset growth than 55% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

54th percentile

14%

Faster revenue growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$167,455

Up $6,665 (+4.1%) from 2021

Net Assets

Up

$167,455

Up $6,665 (+4.1%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin50th percentile

Revenue

Up

$142,062

Up $17,502 (+14%) from 2021

Expenses

Up

$135,396

Up $26,398 (+24%) from 2021

Net Income

Down

$6,666

Down $8,896 (-57%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$200K$150K$100K$50K$0Assets 2011: $18,332Liabilities 2011: $02011Assets 2012: $34,749Liabilities 2012: $02012Assets 2013: $69,391Liabilities 2013: $02013Assets 2014: $96,206Liabilities 2014: $02014Assets 2015: $116,023Liabilities 2015: $02015Assets 2016: $109,287Liabilities 2016: $02016Assets 2017: $122,312Liabilities 2017: $02017Assets 2018: $98,793Liabilities 2018: $02018Assets 2019: $114,782Liabilities 2019: $02019Assets 2020: $145,228Liabilities 2020: $02020Assets 2021: $160,790Net Assets 2021: $160,7902021Assets 2022: $167,455Net Assets 2022: $167,4552022Assets 2023: $172,299Net Assets 2023: $172,2992023Assets 2024: $154,995Net Assets 2024: $154,9952024

Highlighted filing

2022

Assets$167,455
Liabilities-
Net Assets$167,455
Open 2022 Filing

Operations Trend

Revenue Growth54th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $54,089Expenses 2011: $55,660Net Income 2011: -$1,5712011Revenue 2012: $52,884Expenses 2012: $36,467Net Income 2012: $16,4172012Revenue 2013: $69,741Expenses 2013: $35,099Net Income 2013: $34,6422013Revenue 2014: $72,822Expenses 2014: $46,007Net Income 2014: $26,8152014Revenue 2015: $87,146Expenses 2015: $67,329Net Income 2015: $19,8172015Revenue 2016: $90,999Expenses 2016: $97,735Net Income 2016: -$6,7362016Revenue 2017: $86,589Expenses 2017: $73,564Net Income 2017: $13,0252017Revenue 2018: $81,188Expenses 2018: $104,707Net Income 2018: -$23,5192018Revenue 2019: $76,610Expenses 2019: $60,621Net Income 2019: $15,9892019Revenue 2020: $103,734Expenses 2020: $73,288Net Income 2020: $30,4462020Revenue 2021: $124,560Expenses 2021: $108,998Net Income 2021: $15,5622021Revenue 2022: $142,062Expenses 2022: $135,396Net Income 2022: $6,6662022Revenue 2023: $141,284Expenses 2023: $136,441Net Income 2023: $4,8432023Revenue 2024: $84,171Expenses 2024: $101,475Net Income 2024: -$17,3042024

Highlighted filing

2022

Revenue$142,062
Expenses$135,396
Net Income$6,666
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$142,062
Mission and Program Overview

Mission

Charitable financial assistance

Program Services

DescriptionGrantsExpenses
HORRY ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED OF SUCH ASSISTANCE$131,566$135,396
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAPHINE HICKMANPresident-$0--
DALE WILLOUGHBYVice Preside-$0--
RAMONA BASKINSec/Treas-$0--
BERNICE HAMMONDTrustee-$0--
WANDA BELLAMYTrustee-$0--
JANET ELLIOTTTrustee-$0--
RHONDA HYMANTrustee-$0--
RUTHIE WARRENTrustee-$0--
GLENN CARTRETTETrustee-$0--
LARRY DORMANTrustee-$0--
DANIEL B SHELLEYCEO-$0--
Filing and Contact Details

Filer

Filer Name
Horry Electric Trust
EIN
57-6148364
Phone
8433692211
Address
PO BOX 119, CONWAY, SC 29258-0119

Signing Officer

Name
Daniel B Shelley
Title
CEO
Phone
8433696353
Signed
2023-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
H Terrell Mcmichael Jr
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 40,566”

Form 990-ez, Part I, Line 16

“Expenses other expenses 3,830 total 3,830”

Form 990-ez, Part II, Line 24

“Accounts receivable 7,093 7,063 total 7,093 7,063”

Raw XML Appendix165 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CONWAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0153696
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IRS990EZ/ExcessOrDeficitForYearAmt06666
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt0131566
IRS990EZ/GrossReceiptsAmt0142062
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt92.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAPHINE HICKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DALE WILLOUGHBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RAMONA BASKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BERNICE HAMMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WANDA BELLAMY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JANET ELLIOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RHONDA HYMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RUTHIE WARREN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8GLENN CARTRETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9LARRY DORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10DANIEL B SHELLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07093
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07063
IRS990EZ/OtherExpensesTotalAmt03830
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE FINANCIAL ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HORRY ELECTRIC TRUST WAS FORMED TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED OF SUCH ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0131566
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0135396
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0135396
IRS990EZ/TotalProgramServiceExpensesAmt0135396
IRS990EZ/TotalRevenueAmt0142062
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0141976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0124484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt081029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0527555
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0159
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0599
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportPY170Pct00.99860
IRS990ScheduleA/PublicSupportTotal170Amt0527555
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0141976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0124484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0103616
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt081029
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0527555
IRS990ScheduleA/TotalSupportAmt0528154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 40,566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OTHER EXPENSES 3,830 TOTAL 3,830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 7,093 7,063 TOTAL 7,093 7,063
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL B SHELLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08433696353
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HORRY ELECTRIC TRUST
ReturnHeader/Filer/BusinessNameControlTxt0HORR
ReturnHeader/Filer/EIN0576148364
ReturnHeader/Filer/PhoneNum08433692211
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 119
ReturnHeader/Filer/USAddress/CityNm0CONWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0292580119
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581094351
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0POST OFFICE BOX ONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MACON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0312020001
ReturnHeader/PreparerPersonGrp/PhoneNum04787466277
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0H TERRELL MCMICHAEL JR
ReturnHeader/ReturnTs02023-05-09T14:38:17-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL B
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHELLEY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$167,455
Liabilities
-
Net assets
$167,455
Revenue
$142,062
Expenses
$135,396
Net income
$6,666
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.55$1.55$0.84$1.01$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.72$1.72$1.41$1.36$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.67$1.67$1.42$1.35$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.61$1.61$1.25$1.09$0.16
2020Summary only. Only limited summary data is available for this year.$1.45$0.00$1.04$0.73$0.30
2019Summary only. Only limited summary data is available for this year.$1.15$0.00$0.77$0.61$0.16
2018Summary only. Only limited summary data is available for this year.$0.99$0.00$0.81$1.05$0.24
2017Summary only. Only limited summary data is available for this year.$1.22$0.00$0.87$0.74$0.13
2016Summary only. Only limited summary data is available for this year.$1.09$0.00$0.91$0.98$0.07
2015Summary only. Only limited summary data is available for this year.$1.16$0.00$0.87$0.67$0.20
2014Summary only. Only limited summary data is available for this year.$0.96$0.00$0.73$0.46$0.27
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.70$0.35$0.35
2012Summary only. Only limited summary data is available for this year.$0.35$0.00$0.53$0.36$0.16
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$0.54$0.56$0.02