Civic Intelligence

Glades Electric Charitable Trust Inc.

990EZ • Fiscal year 2019 • EIN 65-0850177

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 04, 2020

PO Box 519Moore Haven, FL 33471

(863) 946-6200

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

52nd percentile

2.4%

Faster revenue growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$140,489

Up $24,935 (+22%) from 2018

Net Assets

Up

$140,489

Up $24,935 (+22%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$71,146

Up $1,667 (+2.4%) from 2018

Expenses

Down

$46,210

Down $10,995 (-19%) from 2018

Net Income

Up

$24,936

Up $12,662 (+103%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$140,489
Liabilities$0
Net Assets$140,489

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2019

Revenue$71,146
Expenses$46,210
Net Income$24,936
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 4, 2020
Return Version
2019v5.0
Gross Receipts
$71,146
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.

Program Services

DescriptionGrantsExpenses
ALLOCATIONS TO 7 ORGANIZATIONS FOR VARIOUS NEEDS IN THE COMMUNITY SERVED BY THE TRUST$18,500$0
FUNDS DISTRIBUTED TO ASSIST APPROXIMATELY 5 FAMILIES WITH NEEDS RELATED TO HOUSING, MEDICAL, FOOD AND TRANSPORTATION$9,758$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLY BRANTLEYDirector/President-$0--
DAVID MCCADAMDirector/Vice President-$0--
DORI EVANSDirector/Secretary/Treasurer-$0--
PAULA BYARSDirector-$0--
LORI THOMPSONDirector-$0--
ELSA JANE MILLERDirector-$0--
LEE ANDRUSDirector-$0--
BEVERLY EAVESDirector-$0--
JACK WILSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Glades Electric Charitable Trust Inc
EIN
65-0850177
Phone
8639466200
Address
PO BOX 519, MOORE HAVEN, FL 33471

Signing Officer

Name
Kelly Brantley
Title
President
Phone
8639466200
Signed
2020-03-04
Discuss with paid preparer
Yes

Preparer

Firm
Nichols Cauley & Associates LLC
Address
1300 BELLEVUE AVENUE, DUBLIN, GA 31021-4152
Preparer
Cal Brantley CPA
Phone
4782751163
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income - wauchula state bank. Amount: 423.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: special assistance to individuals. Grantee name: no one donee received more than $5,000. Grantee relationship: none. Property description: cash. Method used to determine fmv: cash. Amount given: 9,758.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: organizational assistance. Grantee name: no one donee received more than $5,000. Grantee relationship: none. Property description: cash. Method used to determine fmv: cash. Amount given: 18,500. Total included on form 990-ez, line 10: 28,258.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: board meetings. Amount: 4,584. Description: office supplies. Amount: 770. Description: miscellaneous. Amount: 151. Total to form 990-ez, line 16: 5,505.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: rounding. Amount: -1.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 4,872.

Raw XML Appendix205 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/CityNm0MOORE HAVEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KELLY BRANTLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID MCCADAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DORI EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAULA BYARS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LORI THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ELSA JANE MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LEE ANDRUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BEVERLY EAVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JACK WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR/SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04872
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherExpensesTotalAmt05505
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ALLOCATIONS TO 7 ORGANIZATIONS FOR VARIOUS NEEDS IN THE COMMUNITY SERVED BY THE TRUST
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FUNDS DISTRIBUTED TO ASSIST APPROXIMATELY 5 FAMILIES WITH NEEDS RELATED TO HOUSING, MEDICAL, FOOD AND TRANSPORTATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018500
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt19758
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt046210
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt071146
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070723
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072949
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0354166
IRS990ScheduleA/TotalSupportAmt0356106
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME - WAUCHULA STATE BANK. AMOUNT: 423.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SPECIAL ASSISTANCE TO INDIVIDUALS. GRANTEE NAME: NO ONE DONEE RECEIVED MORE THAN $5,000. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE FMV: CASH. AMOUNT GIVEN: 9,758.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: ORGANIZATIONAL ASSISTANCE. GRANTEE NAME: NO ONE DONEE RECEIVED MORE THAN $5,000. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. METHOD USED TO DETERMINE FMV: CASH. AMOUNT GIVEN: 18,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 28,258.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BOARD MEETINGS. AMOUNT: 4,584. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 770. DESCRIPTION: MISCELLANEOUS. AMOUNT: 151. TOTAL TO FORM 990-EZ, LINE 16: 5,505.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ROUNDING. AMOUNT: -1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,872.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY BRANTLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08639466200
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLADES ELECTRIC CHARITABLE TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0650850177
ReturnHeader/Filer/PhoneNum08639466200
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 519
ReturnHeader/Filer/USAddress/CityNm0MOORE HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033471
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId019DE3C66422E6B74E4445798FF984E9473AA4C48
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D6D85501D9B09BB2A75AF97F829201F5A3706627
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-03-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm009:50:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582475857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NICHOLS CAULEY & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01300 BELLEVUE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DUBLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0310214152
ReturnHeader/PreparerPersonGrp/PhoneNum04782751163
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAL BRANTLEY CPA
ReturnHeader/ReturnTs02020-03-12T15:49:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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