Civic Intelligence

San Patricio Electric Education Trust

EIN 74-2915182 • 501(c)3 • Sinton, TX

Profile

Providing educational scholarships see schedule o and schedule i for description of the organization's process for awarding scholarships.

PO Box 400Sinton, TX 78387

sanpatricioelectric.org/SCHOLARSHIP

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

95th percentile

73%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$8,100

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

42nd percentile

1.0%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

42%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$3,111,105

Up $30,271 (+1.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$3,111,105

Up $30,271 (+1.0%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin95th percentile

Revenue

Up

$263,153

Up $78,012 (+42%) from 2023

Expenses

Down

$72,061

Down $4,783 (-6.2%) from 2023

Net Income

Up

$191,092

Up $82,795 (+76%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,750,536Liabilities 2010: $1,086,462Net Assets 2010: $1,664,0732010Assets 2011: $2,755,350Liabilities 2011: $709,142Net Assets 2011: $2,046,2082011Assets 2012: $2,738,089Liabilities 2012: $499,339Net Assets 2012: $2,238,7502012Assets 2013: $2,693,106Liabilities 2013: $397,844Net Assets 2013: $2,295,2622013Assets 2014: $2,595,691Liabilities 2014: $298,112Net Assets 2014: $2,297,5792014Assets 2015: $2,573,675Liabilities 2015: $205,765Net Assets 2015: $2,367,9102015Assets 2016: $2,557,671Liabilities 2016: $189,873Net Assets 2016: $2,367,7982016Assets 2017: $2,627,941Liabilities 2017: $189,873Net Assets 2017: $2,438,0682017Assets 2018: $2,730,195Liabilities 2018: $189,873Net Assets 2018: $2,540,3222018Assets 2019: $2,839,170Liabilities 2019: $189,873Net Assets 2019: $2,649,2972019Assets 2021: $3,228,081Liabilities 2021: $0Net Assets 2021: $3,228,0812021Assets 2022: $2,763,252Liabilities 2022: $0Net Assets 2022: $2,763,2522022Assets 2023: $3,080,834Liabilities 2023: $0Net Assets 2023: $3,080,8342023Assets 2024: $3,111,105Liabilities 2024: $0Net Assets 2024: $3,111,1052024

Highlighted filing

2024

Assets$3,111,105
Liabilities$0
Net Assets$3,111,105
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $648,565Expenses 2010: $50,163Net Income 2010: $598,4022010Expenses 2011: $59,8682011Expenses 2012: $108,7432012Revenue 2013: $120,492Expenses 2013: $66,480Net Income 2013: $54,0122013Revenue 2014: $105,888Expenses 2014: $103,571Net Income 2014: $2,3172014Revenue 2015: $168,952Expenses 2015: $98,621Net Income 2015: $70,3312015Revenue 2016: $97,170Expenses 2016: $97,282Net Income 2016: -$1122016Revenue 2017: $136,625Expenses 2017: $80,383Net Income 2017: $56,2422017Revenue 2018: $187,141Expenses 2018: $84,887Net Income 2018: $102,2542018Revenue 2019: $171,187Expenses 2019: $62,212Net Income 2019: $108,9752019Revenue 2021: $174,903Expenses 2021: $43,389Net Income 2021: $131,5142021Revenue 2022: $92,386Expenses 2022: $76,032Net Income 2022: $16,3542022Revenue 2023: $185,141Expenses 2023: $76,844Net Income 2023: $108,2972023Revenue 2024: $263,153Expenses 2024: $72,061Net Income 2024: $191,0922024

Highlighted filing

2024

Revenue$263,153
Expenses$72,061
Net Income$191,092
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,111,105
Liabilities
$0
Net assets
$3,111,105
Revenue
$263,153
Expenses
$72,061
Net income
$191,092
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.26$0.07$0.19
2023Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$0.19$0.08$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$0.09$0.08$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.23$0.00$3.23$0.17$0.04$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.84$0.19$2.65$0.17$0.06$0.11
2018Detailed filing. Detailed filing data is available for this year.$2.73$0.19$2.54$0.19$0.08$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.63$0.19$2.44$0.14$0.08$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.19$2.37$0.10$0.10$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.57$0.21$2.37$0.17$0.10$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.60$0.30$2.30$0.11$0.10$0.00
2013Detailed filing. Detailed filing data is available for this year.$2.69$0.40$2.30$0.12$0.07$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.50$2.24$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.71$2.05$0.06
2010Summary only. Only limited summary data is available for this year.$2.75$1.09$1.66$0.65$0.05$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$453,528
Mission and Program Overview

Mission

Providing educational scholarships see schedule o and schedule i for description of the organization's process for awarding scholarships.

To provide educational scholarships to help students pursue higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,080,834$3,111,105▲ $30,271
Investments in Publicly Traded Securities$3,003,079$3,034,663▲ $31,584
Cash and Non-Interest-Bearing Accounts$77,755$76,442▼ $1,313
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,080,834$3,111,105▲ $30,271
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,080,834$3,111,105▲ $30,271
Total Liabilities and Net Assets / Fund Balance$3,080,834$3,111,105▲ $30,271
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleOtherTotal
Tom MayoTrustee$8,100$8,100
Clyde StewartTrustee$6,900$6,900
Jim BassettTrustee$6,900$6,900
Revenue and Support

Revenue Composition

Contributions and Grants
$42,437
Program Service Revenue
$0
Investment Income
$220,716
Other Revenue
$0
All Other Contributions
$42,437
Change in Net Assets
$191,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$46,250
Other Expenses$25,811
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$46,250--$46,250
Fees for Service Investment Mgmnt Fees-$25,334-$25,334
Other Expenses-$477-$477
Total Functional Expenses$46,250$25,811$0$72,061
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Prior to filing the trustees are provided a copy of the form 990 for their review.”

Form 990, Part VI, Section B, Line 12C

“The trust requires the trustees to annually review the conflict of interest policy and remove themselves from any discussion or vote in which the trustee has or has a perceived conflict of interest.”

Form 990, Part VI, Section C, Line 19

“Forms 990 are available for public inspection during the normal business hours at the principal office of san patricio electric cooperative, inc. Located at 402 e sinton st, sinton, tx 78387. Additionally, a copy of the form 990 can be furnished upon request subject to payment of a copy fee.”

Filing and Contact Details

Filer

Filer Name
San Patricio Electric Education Trust
EIN
74-2915182
Phone
3613642220
Address
PO BOX 400, SINTON, TX 78387

Signing Officer

Name
Tom Mayo
Title
Trustee
Phone
3613642220
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Mayo
Formed
1999
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
6

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Raw XML Appendix336 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO HELP STUDENTS PURSUE HIGHER EDUCATION.
IRS990/AllOtherContributionsAmt042437
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TOM MAYO
IRS990/BooksInCareOfDetail/PhoneNum03613642220
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0402 E SINTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SINTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078387
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt077755
IRS990/CashNonInterestBearingGrp/EOYAmt076442
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042437
IRS990/CYGrantsAndSimilarPaidAmt046250
IRS990/CYInvestmentIncomeAmt0220716
IRS990/CYOtherExpensesAmt025811
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0191092
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt072061
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0263153
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION PAID OUT $46,250 IN SCHOLARSHIPS TO 37 DIFFERENT STUDENTS DURING THE TAX YEAR. THE SCHOLARSHIPS ARE PAID IN $1,250 INCREMENTS PER SEMESTER. STUDENTS ARE REQUIRED TO MAINTAIN A MINIMUM OF 12 SEMESTER HOURS AND A MINIMUM 2.5 GRADE POINT AVERAGE FOR THE PREVIOUS SEMESTER.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt046250
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt025334
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt025334
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt07.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt16.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt25.60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0CLYDE STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM MAYO
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM BASSETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt06900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt26900
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0120284
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt046250
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt046250
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt046250
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0310659
IRS990/GrossReceiptsAmt0453528
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0100432
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0100432
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03003079
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03034663
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0190375
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO HELP STUDENTS PURSUE HIGHER EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03080834
IRS990/NetAssetsOrFundBalancesEOYAmt03111105
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0120284
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0120284
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-160821
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES PAID
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0477
IRS990/OtherExpensesGrp/TotalAmt0477
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TOM MAYO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020380
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt052000
IRS990/PYInvestmentIncomeAmt0164761
IRS990/PYOtherExpensesAmt024844
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0108297
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt076844
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0185141
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0191092
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03080834
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03111105
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE TRUST RECEIVES CAPITAL CREDIT FUNDS UNCLAIMED BY THE MEMBERS OF SAN PATRICIO ELECTRIC COOPERATIVE. THESE CONTRIBUTIONS ARE CONSIDERED TO BE FROM THE PUBLIC. THE TRUST HAS FALLEN BELOW THE 33 1/3% THRESHOLD FOR THE FIRST TIME IN ITS HISTORY BECAUSE VERY FEW TRANSFERS HAVE BEEN MADE IN THE PAST FEW YEARS. ON THE 2020 RETURN THE TRUST'S PUBBLIC SUPPORT PERCENTAGE WAS 71.86%. IT HAS FAILED THE PUBLIC SUPPORT TEST SINCE 2022, BUT CONTRIBUTIONS ARE INCREASING. FROM 2021 THEY HAVE INCREASED EACH YEAR. 2021 $3,233, 2022 $13,501, 2023 $20,380 AND 2024 $42,437. THE TRUST ANTICIPATES PASSING THE PUBLIC SUPPORT TEST IN THE NEXT FEW YEARS.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0107880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0100432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt091214
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt061759
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt064126
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt043917
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0361448
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.22990
IRS990ScheduleA/PublicSupportPY170Pct00.25050
IRS990ScheduleA/PublicSupportTotal170Amt0107880
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042437
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028329
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0107880
IRS990ScheduleA/TotalSupportAmt0469328
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt046250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS FOR HIGHER EDUCATION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt037
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEES APPOINT A SCHOLARSHIP SELECTION COMMITTEE OF FIVE (5) INDIVIDUALS TO REVIEW THE SCHOLARSHIP APPLICATIONS AND SELECT THE NUMBER OF SCHOLARSHIP RECIPIENTS AS AUTHORIZED BY THE BOARD OF TRUSTEES. ALL SCHOLARSHIP APPLICANTS MUST HAVE PARENTS OR GUARDIANS SERVED BY SAN PATRICIO ELECTRIC COOPERATIVE, INC. AND ATTEND A SCHOOL IN ONE OF THE NINE (9) COUNTY AREAS IN SOUTH TEXAS SERVED BY THE UTILITY. ALL PERSONAL INFORMATION IS REMOVED FROM THE SCHOLARSHIP APPLICATIONS PRIOR TO BEING REVIEWED BY THE SCHOLARSHIP SELECTION COMMITTEE TO HELP REMOVE ANY UNDUE INFLUENCE AND ENSURE THAT EACH APPLICANT HAS EQUAL OPPORTUNITY WITHOUT REGARDS TO RACE, COLOR, NATIONAL ORIGIN, SEX, RELIGION, AGE OR DISABILITY. SELECTION CRITERIA INCLUDE; GRADE POINT AVERAGE, LEADERSHIP ABILITY, INVOLVEMENT IN EXTRACURRICULAR ACTIVITIES, AND FINANCIAL NEED. THE SCHOLARSHIPS ARE PAID $1,250 PER YEAR OVER 4 YEARS AND THE STUDENT MUST DEMONSTRATE THAT THEY WERE ENROLLED IN A MINIMUM OF TWELVE (12) SEMESTER HOURS WITH AN ACHIEVED MINIMUM 2.5 GRADE POINT AVERAGE FOR THE PREVIOUS SEMESTER TO BE ELIGIBLE FOR THE SECOND, THIRD AND FOURTH PAYMENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING THE TRUSTEES ARE PROVIDED A COPY OF THE FORM 990 FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUST REQUIRES THE TRUSTEES TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND REMOVE THEMSELVES FROM ANY DISCUSSION OR VOTE IN WHICH THE TRUSTEE HAS OR HAS A PERCEIVED CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORMS 990 ARE AVAILABLE FOR PUBLIC INSPECTION DURING THE NORMAL BUSINESS HOURS AT THE PRINCIPAL OFFICE OF SAN PATRICIO ELECTRIC COOPERATIVE, INC. LOCATED AT 402 E SINTON ST, SINTON, TX 78387. ADDITIONALLY, A COPY OF THE FORM 990 CAN BE FURNISHED UPON REQUEST SUBJECT TO PAYMENT OF A COPY FEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SAN PATRICIO ELECTRIC COOPERATIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0740880813
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(12)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO PROVIDE ELECTRIC SERVICE TO MEMBERS ON A COOPERATIVE BASIS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO DRAWER 400
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SINTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078387
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt042437
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SAN PATRICIO ELECTRIC COOPERATIVE INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03080834
IRS990/TotalAssetsEOYAmt03111105
IRS990/TotalAssetsGrp/BOYAmt03080834
IRS990/TotalAssetsGrp/EOYAmt03111105
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042437
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025811
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt046250
IRS990/TotalFunctionalExpensesGrp/TotalAmt072061
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03080834
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03111105
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt046250
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0220716
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0263153
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03080834
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03111105
IRS990/TotReportableCompRltdOrgAmt021900
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 400
IRS990/USAddress/CityNm0SINTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078387
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0SANPATRICIOELECTRIC.ORG/SCHOLARSHIP
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM MAYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03613642220
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAN PATRICIO ELECTRIC EDUCATION TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SANP
ReturnHeader/Filer/EIN0742915182
ReturnHeader/Filer/PhoneNum03613642220
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 400
ReturnHeader/Filer/USAddress/CityNm0SINTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078387
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750882037
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLINGER SEGARS GILBERT AND MOSS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08215 NASHVILLE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LUBBOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079423
ReturnHeader/PreparerPersonGrp/PhoneNum08067473806
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATT R WILLIS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-05T15:36:15-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.