Civic Intelligence

Wharton County Electric Cooperative Inc

990 • Fiscal year 2012 • EIN 74-0981915

Jan 01, 2012 to Dec 31, 2012 • Filed on Feb 28, 2013

P O Box 3177437
Siviq Scores

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

Liabilities / Assets

35th percentile

0.51x

Higher debt load relative to assets than 35% of similar nonprofits.

2012 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

76th percentile

6.4%

Faster asset growth than 76% of similar nonprofits.

2012 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$55,000,205

Up $3,313,133 (+6.4%) from 2011

Net Assets

Up

$27,080,579

Up $2,136,813 (+8.6%) from 2011

Liabilities

Up

$27,919,626

Up $1,176,320 (+4.4%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$21,456,994

Up $3,712,302 (+21%) from 2011

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.

$100M$50M$0Assets 2010: $48,124,546Liabilities 2010: $25,995,734Net Assets 2010: $22,128,8122010Assets 2011: $51,687,072Liabilities 2011: $26,743,306Net Assets 2011: $24,943,7662011Assets 2012: $55,000,205Liabilities 2012: $27,919,626Net Assets 2012: $27,080,5792012Assets 2013: $58,991,868Liabilities 2013: $29,039,740Net Assets 2013: $29,952,1282013Assets 2014: $61,621,266Liabilities 2014: $29,563,849Net Assets 2014: $32,057,4172014Assets 2015: $64,946,774Liabilities 2015: $30,215,026Net Assets 2015: $34,731,7482015Assets 2016: $68,541,934Liabilities 2016: $31,971,621Net Assets 2016: $36,570,3132016Assets 2017: $71,256,863Liabilities 2017: $32,268,051Net Assets 2017: $38,988,8122017Assets 2018: $75,391,504Liabilities 2018: $34,522,198Net Assets 2018: $40,869,3062018Assets 2019: $79,077,031Liabilities 2019: $35,951,517Net Assets 2019: $43,125,5142019Assets 2020: $81,619,701Liabilities 2020: $37,311,380Net Assets 2020: $44,308,3212020Assets 2021: $84,172,616Liabilities 2021: $38,717,838Net Assets 2021: $45,454,7782021Assets 2022: $86,677,432Liabilities 2022: $39,878,766Net Assets 2022: $46,798,6662022Assets 2023: $82,477,702Liabilities 2023: $40,013,155Net Assets 2023: $42,464,5472023Assets 2024: $86,459,491Liabilities 2024: $41,809,918Net Assets 2024: $44,649,5732024

Highlighted filing

2012

Assets$55,000,205
Liabilities$27,919,626
Net Assets$27,080,579

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $17,030,7002010Expenses 2011: $17,744,6922011Expenses 2012: $21,456,9942012Revenue 2013: $21,988,110Expenses 2013: $21,988,110Net Income 2013: $02013Revenue 2014: $24,519,465Expenses 2014: $24,519,465Net Income 2014: $02014Revenue 2015: $22,378,748Expenses 2015: $22,378,748Net Income 2015: $02015Revenue 2016: $22,754,915Expenses 2016: $22,754,915Net Income 2016: $02016Revenue 2017: $23,036,185Expenses 2017: $23,036,185Net Income 2017: $02017Revenue 2018: $23,986,346Expenses 2018: $23,986,346Net Income 2018: $02018Revenue 2019: $23,428,968Expenses 2019: $23,428,968Net Income 2019: $02019Revenue 2020: $23,294,933Expenses 2020: $23,294,933Net Income 2020: $02020Revenue 2021: $23,582,053Expenses 2021: $23,582,053Net Income 2021: $02021Revenue 2022: $28,692,151Expenses 2022: $28,692,151Net Income 2022: $02022Revenue 2023: $28,410,342Expenses 2023: $28,410,342Net Income 2023: $02023Revenue 2024: $28,458,568Expenses 2024: $28,458,568Net Income 2024: $02024

Highlighted filing

2012

Revenue-
Expenses$21,456,994
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Feb 28, 2013
Return Version
2012v2.0
Gross Receipts
$21,456,994
Mission and Program Overview

Mission

To provide economical and reliable electric energy service to its members and to provide products, services, and leadership that will have a positive influence on the economy of the area that it serves.

Filing and Contact Details

Filer

EIN
74-0981915
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IRS990ScheduleO/GeneralExplanation/Explanation4AVAILABLE UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Explanation5COMPARISON OF COMPENSATION TO OTHER COOPERATIVES OF LIKE SIZE IN THE STATE.
IRS990ScheduleO/GeneralExplanation/Explanation6ANNUAL AFFIDAVITS OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY ARE REQUIRED OF ALL DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation7REVIEWED AT BOARD MEETING WITH TAX PREPARER PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation8RURAL ELECTRIC COOPERATIVE MEMBERS
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IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0TX
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode077437
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg0false
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10WCEC
IRS990ScheduleR/Form990ScheduleRPartII/EIN0460501565
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(c)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0TX
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10WCEC CHARTIABLE FUND INC
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0ASSIST NEEDY WITH UTILITY BILLS
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0509(a)(2)
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg0false
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg0false
IRS990ScheduleR/OtherTransferFromOtherOrg0false
IRS990ScheduleR/OtherTransferToOtherOrg0false
IRS990ScheduleR/PerformOfServicesByOtherOrgs0false
IRS990ScheduleR/PerformOfServicesForOtherOrgs0false
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg0false
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties0false
IRS990ScheduleR/ReimbursementPaidByOtherOrg0false
IRS990ScheduleR/ReimbursementPaidToOtherOrg0false
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs0false
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs0false
IRS990ScheduleR/SaleOfAssetsToOtherOrg0false
IRS990ScheduleR/SharingOfFacilities0false
IRS990ScheduleR/SharingOfPaidEmployees0false
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0TX
IRS990/SubjectToProxyTax0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$86.5$41.8$44.6$28.5$28.5$0.00
2023Detailed filing. Detailed filing data is available for this year.$82.5$40.0$42.5$28.4$28.4$0.00
2022Detailed filing. Detailed filing data is available for this year.$86.7$39.9$46.8$28.7$28.7$0.00
2021Detailed filing. Detailed filing data is available for this year.$84.2$38.7$45.5$23.6$23.6$0.00
2020Detailed filing. Detailed filing data is available for this year.$81.6$37.3$44.3$23.3$23.3$0.00
2019Detailed filing. Detailed filing data is available for this year.$79.1$36.0$43.1$23.4$23.4$0.00
2018Detailed filing. Detailed filing data is available for this year.$75.4$34.5$40.9$24.0$24.0$0.00
2017Detailed filing. Detailed filing data is available for this year.$71.3$32.3$39.0$23.0$23.0$0.00
2016Detailed filing. Detailed filing data is available for this year.$68.5$32.0$36.6$22.8$22.8$0.00
2015Detailed filing. Detailed filing data is available for this year.$64.9$30.2$34.7$22.4$22.4$0.00
2014Detailed filing. Detailed filing data is available for this year.$61.6$29.6$32.1$24.5$24.5$0.00
2013Detailed filing. Detailed filing data is available for this year.$59.0$29.0$30.0$22.0$22.0$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.0$27.9$27.1$21.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.7$26.7$24.9$17.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.1$26.0$22.1$17.0