Civic Intelligence

Glades Electric Charitable Trust

EIN 65-0850177 • 501(c)3 • Moore Haven, FL

Profile

The purpose of glades electric charitable trust, inc. Is to accumulate and disburse funds for charitable, educational, or other worthy purposes in the service area of glades electric cooperative, inc.

PO Box 519Moore Haven, FL 33471

n/A

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

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

Net Margin

39th percentile

-2.8%

Higher net margin than 39% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

51st percentile

-1.0%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-13%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$104,571

Down $1,074 (-1.0%) from 2023

Liabilities

Up

$500

Up $500 from 2023

Net Assets

Down

$104,071

Down $1,574 (-1.5%) from 2023

Revenue

Down

$55,482

Down $8,507 (-13%) from 2023

Expenses

Down

$57,056

Down $22,442 (-28%) from 2023

Net Income

Up

-$1,574

Up $13,935 (+90%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $113,562Liabilities 2010: $0Net Assets 2010: $113,5622010Assets 2011: $141,552Liabilities 2011: $1,254Net Assets 2011: $140,2982011Assets 2012: $145,175Liabilities 2012: $0Net Assets 2012: $145,1752012Assets 2013: $140,164Liabilities 2013: $0Net Assets 2013: $140,1642013Assets 2014: $129,284Liabilities 2014: $0Net Assets 2014: $129,2842014Assets 2015: $101,662Liabilities 2015: $0Net Assets 2015: $101,6622015Assets 2016: $99,793Liabilities 2016: $0Net Assets 2016: $99,7932016Assets 2017: $103,280Liabilities 2017: $0Net Assets 2017: $103,2802017Assets 2018: $115,554Liabilities 2018: $0Net Assets 2018: $115,5542018Assets 2019: $140,489Liabilities 2019: $0Net Assets 2019: $140,4892019Assets 2020: $135,843Liabilities 2020: $0Net Assets 2020: $135,8432020Assets 2021: $126,005Liabilities 2021: $0Net Assets 2021: $126,0052021Assets 2022: $121,154Net Assets 2022: $121,1542022Assets 2023: $105,645Liabilities 2023: $0Net Assets 2023: $105,6452023Assets 2024: $104,571Liabilities 2024: $500Net Assets 2024: $104,0712024

Highlighted filing

2024

Assets$104,571
Liabilities$500
Net Assets$104,071

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $75,123Expenses 2010: $85,028Net Income 2010: -$9,9052010Revenue 2011: $72,801Expenses 2011: $46,065Net Income 2011: $26,7362011Revenue 2012: $70,884Expenses 2012: $91,007Net Income 2012: -$20,1232012Revenue 2013: $102,384Expenses 2013: $107,395Net Income 2013: -$5,0112013Revenue 2014: $66,769Expenses 2014: $77,649Net Income 2014: -$10,8802014Revenue 2015: $73,415Expenses 2015: $101,037Net Income 2015: -$27,6222015Revenue 2016: $73,675Expenses 2016: $75,544Net Income 2016: -$1,8692016Revenue 2017: $68,391Expenses 2017: $64,904Net Income 2017: $3,4872017Revenue 2018: $69,479Expenses 2018: $57,205Net Income 2018: $12,2742018Revenue 2019: $71,146Expenses 2019: $46,210Net Income 2019: $24,9362019Revenue 2020: $57,296Expenses 2020: $61,942Net Income 2020: -$4,6462020Revenue 2021: $56,121Expenses 2021: $65,959Net Income 2021: -$9,8382021Revenue 2022: $53,819Expenses 2022: $58,670Net Income 2022: -$4,8512022Revenue 2023: $63,989Expenses 2023: $79,498Net Income 2023: -$15,5092023Revenue 2024: $55,482Expenses 2024: $57,056Net Income 2024: -$1,5742024

Highlighted filing

2024

Revenue$55,482
Expenses$57,056
Net Income-$1,574

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.55$0.57$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.64$0.79$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.21$1.21$0.54$0.59$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.56$0.66$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.57$0.62$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.71$0.46$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.69$0.57$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.68$0.65$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.74$0.76$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.73$1.01$0.28
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.67$0.78$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$1.02$1.07$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.00$1.45$0.71$0.91$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.01$1.40$0.73$0.46$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$0.75$0.85$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$55,482
Mission and Program Overview

Mission

The purpose of glades electric charitable trust, inc. Is to accumulate and disburse funds for charitable, educational, or other worthy purposes in the service area of glades electric cooperative, inc.

See Schedule O

Program Services

DescriptionGrantsExpenses
ALLOCATIONS TO 9 ORGANIZATIONS FOR VARIOUS NEEDS IN THE COMMUNITY SERVED BY THE TRUST$26,213$26,213
FUNDS DISTRIBUTED TO ASSIST APPROXIMATELY 10 FAMILIES WITH NEEDS RELATED TO HOUSING, UTILITIES, MEDICAL, INSURANCE, FOOD AND TRANSPORTATION$23,337$23,337
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paula ByarsDirectorvice President-$0--
Lori ThompsonDirectortreasurer-$0--
Lee AndrusDirector-$0--
Beverly EavesDirector-$0--
Ardis HammockDirectortreasurer-$0--
Kelly BrantleyDirectorpresident-$0--
Candace NorthDirector-$0--
Dori EvansDirectorsecretary-$0--
Vicki PontiusDirector-$0--
Carol RobertsDirector-$0--
Larry HowardDirector-$0--
Filing and Contact Details

Filer

Filer Name
Glades Electric Charitable Trust Inc
EIN
65-0850177
In Care Of
% Kelly Brantley
Phone
8639466200
Address
PO Box 519, Moore Haven, FL 33471

Signing Officer

Name
Kelly Brantley
Title
DirectorPresident
Phone
8639466200
Signed
2025-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Kelso Lynch PC PA
Address
6700 Squibb Rd Ste 215, Mission, KS 66202-3252
Preparer
George Lynch
Phone
9138311150
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Family Grants Grantee 9 Families less than $5,000 Amount 17,087Activity Handicap Ramp & Widening Front Door Grantee Tina & Jose Nieves Amount 6,250Activity Organizational Grants Grantee 7 Orgnizations Less than $5,000 Amount 15,213Activity Painting Grantee Cross Training Ministries Amount 6,000Grantee Thank you for your Service Amount 5,000

Description of other expenses Part I line 16

Description AmountBoard Meetings 3,195Miscellaneous 111

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 4,369 4,415

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts Payable 0 500

Personal benefit contract statement Part V

The 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.

Part III response or note to any other line in Part III

Part III, Organizations MissionTHE PURPOSE OF GLADES ELECTRIC CHARITABLE TRUST, INC. IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE, EDUCATIONAL, OR OTHER WORTHY PURPOSES IN THE SERVICE AREA OF GLADES ELECTRIC COOPERATIVE, INC.

Raw XML Appendix207 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 Family Grants Grantee 9 Families less than $5,000 Amount 17,087Activity Handicap Ramp & Widening Front Door Grantee Tina & Jose Nieves Amount 6,250Activity Organizational Grants Grantee 7 Orgnizations Less than $5,000 Amount 15,213Activity Painting Grantee Cross Training Ministries Amount 6,000Grantee Thank you for your Service Amount 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBoard Meetings 3,195Miscellaneous 111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearAccounts Receivable 4,369 4,415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccounts Payable 0 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Part III, Organizations MissionTHE PURPOSE OF GLADES ELECTRIC CHARITABLE TRUST, INC. IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE, EDUCATIONAL, OR OTHER WORTHY PURPOSES IN THE SERVICE AREA OF GLADES ELECTRIC COOPERATIVE, INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Personal benefit contract statement Part V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY BRANTLEY
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ReturnHeader/BusinessOfficerGrp/PhoneNum08639466200
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-06
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ReturnHeader/Filer/EIN0650850177
ReturnHeader/Filer/InCareOfNm0% Kelly Brantley
ReturnHeader/Filer/PhoneNum08639466200
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE LYNCH
ReturnHeader/ReturnTs02025-11-06T14:36:04-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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