Civic Intelligence

Iec Foundation Inc.

990EZ • Fiscal year 2018 • EIN 73-1461299

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 25, 2019

PO Box 49Cleveland, OK 74020

(918) 295-9500

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

54th percentile

5.0%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

57th percentile

5.7%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

-2.7%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$28,513

Up $1,537 (+5.7%) from 2017

Net Assets

Up

$28,513

Up $1,537 (+5.7%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$30,974

Down $856 (-2.7%) from 2017

Expenses

Down

$29,437

Down $4,600 (-14%) from 2017

Net Income

Up

$1,537

Up $3,744 (+170%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $56,938Net Assets 2011: $56,9382011Assets 2012: $27,683Net Assets 2012: $27,6832012Assets 2013: $30,139Net Assets 2013: $30,1392013Assets 2014: $33,163Net Assets 2014: $33,1632014Assets 2015: $30,054Net Assets 2015: $30,0542015Assets 2016: $29,183Net Assets 2016: $29,1832016Assets 2017: $26,976Net Assets 2017: $26,9762017Assets 2018: $28,513Net Assets 2018: $28,5132018Assets 2019: $26,414Net Assets 2019: $26,4142019Assets 2020: $27,410Net Assets 2020: $27,4102020Assets 2021: $27,473Net Assets 2021: $27,4732021Assets 2022: $32,982Net Assets 2022: $32,9822022Assets 2023: $24,798Net Assets 2023: $24,7982023Assets 2024: $25,096Net Assets 2024: $25,0962024

Highlighted filing

2018

Assets$28,513
Liabilities-
Net Assets$28,513

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $42,348Expenses 2011: $39,012Net Income 2011: $3,3362011Revenue 2012: $39,409Expenses 2012: $68,664Net Income 2012: -$29,2552012Revenue 2013: $36,413Expenses 2013: $33,957Net Income 2013: $2,4562013Revenue 2014: $34,485Expenses 2014: $31,461Net Income 2014: $3,0242014Revenue 2015: $33,518Expenses 2015: $36,627Net Income 2015: -$3,1092015Revenue 2016: $32,021Expenses 2016: $32,892Net Income 2016: -$8712016Revenue 2017: $31,830Expenses 2017: $34,037Net Income 2017: -$2,2072017Revenue 2018: $30,974Expenses 2018: $29,437Net Income 2018: $1,5372018Revenue 2019: $30,420Expenses 2019: $32,519Net Income 2019: -$2,0992019Revenue 2020: $28,993Expenses 2020: $27,997Net Income 2020: $9962020Revenue 2021: $26,535Expenses 2021: $26,472Net Income 2021: $632021Revenue 2022: $29,240Expenses 2022: $23,731Net Income 2022: $5,5092022Revenue 2023: $28,250Expenses 2023: $36,434Net Income 2023: -$8,1842023Revenue 2024: $24,294Expenses 2024: $23,996Net Income 2024: $2982024

Highlighted filing

2018

Revenue$30,974
Expenses$29,437
Net Income$1,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 25, 2019
Return Version
2018v3.1
Gross Receipts
$30,974
Mission and Program Overview

Mission

To receive voluntary contributions from the public which are used to provide financial assistance to needy individuals, families, and other organizations.

Program Services

DescriptionGrantsExpenses
TO PROVIDE ASSISTANCE FOR INDIVIDUALS, FAMILIES, AND OTHER ORGANIZATIONS WITHIN THE IEC SERVICE DISTRICTS.$25,601-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VIRGIL CRAVENSDist 1 Pres-$0--
BEVERLY DAUGHERTYDistrict 4 Mbr-$0--
ANNA HARRISDist 7 Sec-$0--
JAN MOOREDist 5 Treas-$0--
KIM MORRISDist 3 Member-$0--
MARLENE BRAUGHTDist 6 Member-$0--
GEORGE WESTONDist 2 VP-$0--
CLARA EULERTEx-Officio-$0--
Filing and Contact Details

Filer

Filer Name
Iec Foundation Inc
EIN
73-1461299
Phone
9182959500
Address
PO BOX 49, CLEVELAND, OK 74020

Signing Officer

Name
Virgil Cravens
Title
President
Signed
2019-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Cbew Professional Group Llp - Cushing
Address
206 N HARRISON AVE, CUSHING, OK 74023-3302
Preparer
Gabrielle M Conchola CPA
Phone
9182254216
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $1336

Raw XML Appendix155 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/BenefitsPaidToOrForMembersAmt025601
IRS990EZ/BooksInCareOfDetail/PersonNm0INDIAN ELECTRIC COOPERATIVE
IRS990EZ/BooksInCareOfDetail/PhoneNum09183582514
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 49
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLEVELAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd074020
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026976
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IRS990EZ/ContributionsGiftsGrantsEtcAmt030811
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01537
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026976
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InvestmentIncomeAmt0163
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt028513
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VIRGIL CRAVENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BEVERLY DAUGHERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNA HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAN MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIM MORRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARLENE BRAUGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6GEORGE WESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CLARA EULERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIST 1 PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DISTRICT 4 MBR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIST 7 SEC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIST 5 TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIST 3 MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIST 6 MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIST 2 VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7EX-OFFICIO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01336
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO RECEIVE VOLUNTARY CONTRIBUTIONS FROM THE PUBLIC WHICH ARE USED TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS, FAMILIES, AND OTHER ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE ASSISTANCE FOR INDIVIDUALS, FAMILIES, AND OTHER ORGANIZATIONS WITHIN THE IEC SERVICE DISTRICTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025601
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OK
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029437
IRS990EZ/TotalProgramServiceExpensesAmt025601
IRS990EZ/TotalRevenueAmt030974
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt031679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt034369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0162145
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0140
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0208
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0937
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99430
IRS990ScheduleA/PublicSupportPY170Pct00.99290
IRS990ScheduleA/PublicSupportTotal170Amt0162145
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt031679
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt031881
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt034369
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0162145
IRS990ScheduleA/TotalSupportAmt0163082
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $1336
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1005
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VIRGIL CRAVENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IEC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IECF
ReturnHeader/Filer/EIN0731461299
ReturnHeader/Filer/PhoneNum09182959500
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 49
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074020
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0730721487
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBEW PROFESSIONAL GROUP LLP - CUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0206 N HARRISON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0740233302
ReturnHeader/PreparerPersonGrp/PhoneNum09182254216
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GABRIELLE M CONCHOLA CPA
ReturnHeader/ReturnTs02019-02-25T10:48:58-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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.$25.1$25.1$24.3$24.0$0.30
2023Detailed filing. Detailed filing data is available for this year.$24.8$24.8$28.3$36.4$8.18
2022Detailed filing. Detailed filing data is available for this year.$33.0$33.0$29.2$23.7$5.51
2021Detailed filing. Detailed filing data is available for this year.$27.5$27.5$26.5$26.5$0.06
2020Detailed filing. Detailed filing data is available for this year.$27.4$27.4$29.0$28.0$1.00
2019Detailed filing. Detailed filing data is available for this year.$26.4$26.4$30.4$32.5$2.10
2018Detailed filing. Detailed filing data is available for this year.$28.5$28.5$31.0$29.4$1.54
2017Detailed filing. Detailed filing data is available for this year.$27.0$27.0$31.8$34.0$2.21
2016Detailed filing. Detailed filing data is available for this year.$29.2$29.2$32.0$32.9$0.87
2015Detailed filing. Detailed filing data is available for this year.$30.1$30.1$33.5$36.6$3.11
2014Detailed filing. Detailed filing data is available for this year.$33.2$33.2$34.5$31.5$3.02
2013Detailed filing. Detailed filing data is available for this year.$30.1$30.1$36.4$34.0$2.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.7$27.7$39.4$68.7$29.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.9$56.9$42.3$39.0$3.34