Civic Intelligence

Wood County Electric Charitable Foundation

EIN 81-4575981 • 501(c)3 • Quitman, TX

Profile

To accumulate and disburse funds for charitable purposes in the counties in which Wood County Electric Cooperative, Inc. provides electric service.

PO Box 1827Quitman, TX 75783
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

33rd percentile

-7.7%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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 2022

Asset Growth

28th percentile

-23%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

51st percentile

-0.3%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$43,786

Up $12,021 (+38%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$43,786

Up $12,021 (+38%) from 2023

Revenue

Up

$129,021

Up $3,641 (+2.9%) from 2023

Expenses

Down

$117,000

Down $8,608 (-6.9%) from 2023

Net Income

Up

$12,021

Up $12,249 (+5372%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2018: $44,850Liabilities 2018: $02018Assets 2019: $32,411Liabilities 2019: $0Net Assets 2019: $32,4112019Assets 2020: $29,113Liabilities 2020: $0Net Assets 2020: $29,1132020Assets 2021: $41,459Liabilities 2021: $0Net Assets 2021: $41,4592021Assets 2022: $31,993Liabilities 2022: $0Net Assets 2022: $31,9932022Assets 2023: $31,765Liabilities 2023: $0Net Assets 2023: $31,7652023Assets 2024: $43,786Liabilities 2024: $0Net Assets 2024: $43,7862024

Highlighted filing

2024

Assets$43,786
Liabilities$0
Net Assets$43,786

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $136,540Expenses 2018: $91,690Net Income 2018: $44,8502018Revenue 2019: $126,761Expenses 2019: $139,200Net Income 2019: -$12,4392019Revenue 2020: $124,519Expenses 2020: $127,817Net Income 2020: -$3,2982020Revenue 2021: $123,396Expenses 2021: $111,050Net Income 2021: $12,3462021Revenue 2022: $123,034Expenses 2022: $132,500Net Income 2022: -$9,4662022Revenue 2023: $125,380Expenses 2023: $125,608Net Income 2023: -$2282023Revenue 2024: $129,021Expenses 2024: $117,000Net Income 2024: $12,0212024

Highlighted filing

2024

Revenue$129,021
Expenses$117,000
Net Income$12,021

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 11, 2025
Return Version
2024v5.0
Gross Receipts
$129,021
Mission and Program Overview

Mission

To accumulate and disburse funds for charitable purposes in the counties in which Wood County Electric Cooperative, Inc. provides electric service.

Program Services

DescriptionGrantsExpenses
See Schedule O, Statement 3$86,820$0
Activity classification grant for funds of $10,180 to renovate the old rock station and to add a restroom to Grantee Help Young People Excel at Grantee address PO Box 1328 Winnsboro, TX 75494. Grantee relationship-none.$10,180$0
Activity classification grant for funds of $10,000 to donate to caregiver's in meeting the children's needs to Grantee Lake Country CASA at Grantee address PO Box 323 Sulphur Springs, TX 75482. Grantee relationship -none.$10,000$0
Activity classification grant for funds of $10,000 for funds for Texas Scottish Rite Hospital and Northeast Texas Child Advocacy Center to Grantee Help a Child Benefit at Grantee address 3079 FM 69N Sulphur Springs, TX 75482. Grantee relationship-none.$10,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David MaxtonDirector-$0--
Jeanette GilesDirector-$0--
Wiley VonnerChair-$0--
Marti BusbeeDirector-$0--
Robin JohnsonVice Chair-$0--
Emile CrawfordDirector-$0--
Manzell ManleyDirector-$0--
Trey TeaffExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Wood County Electric Charitable Foundation
EIN
81-4575981
Phone
9037632203
Address
PO Box 1827, Quitman, TX 75783

Signing Officer

Name
Trey Teaff
Title
Executive Director
Phone
9037632203
Signed
2025-04-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Activity classification grant for funds of $10,180 for renovations to the old rock station and to add a restroom to Grantee Help Young People Excel to Grantee address PO Box 1328 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation for caregivers to assist in meeting the children's needs to Grantee Lake Country CASA to Grantee address PO Box 323 Sulphur Springs, TX 75482, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation to Texas Scottish Rite Hospital & Northeast Texas Child Advocacy Center to Grantee Help a Child Benefit to Grantee address 3079 FM 69N Sulphur Springs, TX 75482, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation for funding the Quitman ISD backpack program to Grantee Quitman First United Methodist Church to Grantee address PO Box 1643 Quitman, TX 75783, Grantee relationship-none. Activity classification grant for funds of $10,000 to provide assistance with food, clothing, housing support and healthcare needs to Grantee Communities in Schools of Northeast Texas to Grantee address 2886 FM 1735 Mt. Pleasant, TX 75455, Grantee relationship-none. Activity classification grant for funds of $10,000 to help increase the quality and quantity of food served to Grantee Grand Saline Methodist Church to Grantee address PO Box 584 Grand Saline, TX 75140, Grantee relationship-none. Activity classification grant for funds of $7,500 to update spectator seating to Grantee Winnsboro Rodeo Association to Grantee address PO Box 857 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $7,500 to purchase food to Grantee Winnsboro Resource and Community Center to Grantee address PO Box 268 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $7,500 to purchase rope and extrication gear to Grantee Alba Volunteer Fire Department to Grantee address PO Box 197 Alba, TX 75410, Grantee relationship-none. Activity classification grant for funds of $6,000 to update restrooms to be ADA compliant, purchase robot pool vacuum and replace chairlift to Grantee Save the Pool to Grantee address PO Box 496 Grand Saline, TX 75140, Grantee relationship-none. Activity classification grant for funds of $5,520 to upgrade forest/wildland fire suppression tools and equipment to Grantee Van Zandt Midway Fire Department to Grantee address 4573 St. Hwy 64 Ben Wheeler, TX 75754, Grantee relationship-none. Activity classification grant for funds of $5,000 to repair facilities, transportation and appliances to Grantee Bread of Life Ministries to Grantee address PO Box 196 Mineola, TX 75773, Grantee relationship-none. Activity classification grant for funds of $5,000 to help distribute fresh produce and healthy proteins to communities to Grantee Regional East Texas Food Bank to Grantee address 3201 Robertson Rd Tyler, TX 75701, Grantee relationship-none.

Raw XML Appendix214 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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IRS990EZ/OperateHospitalInd00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3See Schedule O, Statement 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity classification grant for funds of $10,180 for renovations to the old rock station and to add a restroom to Grantee Help Young People Excel to Grantee address PO Box 1328 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation for caregivers to assist in meeting the children's needs to Grantee Lake Country CASA to Grantee address PO Box 323 Sulphur Springs, TX 75482, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation to Texas Scottish Rite Hospital & Northeast Texas Child Advocacy Center to Grantee Help a Child Benefit to Grantee address 3079 FM 69N Sulphur Springs, TX 75482, Grantee relationship-none. Activity classification grant for funds of $10,000 for a donation for funding the Quitman ISD backpack program to Grantee Quitman First United Methodist Church to Grantee address PO Box 1643 Quitman, TX 75783, Grantee relationship-none. Activity classification grant for funds of $10,000 to provide assistance with food, clothing, housing support and healthcare needs to Grantee Communities in Schools of Northeast Texas to Grantee address 2886 FM 1735 Mt. Pleasant, TX 75455, Grantee relationship-none. Activity classification grant for funds of $10,000 to help increase the quality and quantity of food served to Grantee Grand Saline Methodist Church to Grantee address PO Box 584 Grand Saline, TX 75140, Grantee relationship-none. Activity classification grant for funds of $7,500 to update spectator seating to Grantee Winnsboro Rodeo Association to Grantee address PO Box 857 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $7,500 to purchase food to Grantee Winnsboro Resource and Community Center to Grantee address PO Box 268 Winnsboro, TX 75494, Grantee relationship-none. Activity classification grant for funds of $7,500 to purchase rope and extrication gear to Grantee Alba Volunteer Fire Department to Grantee address PO Box 197 Alba, TX 75410, Grantee relationship-none. Activity classification grant for funds of $6,000 to update restrooms to be ADA compliant, purchase robot pool vacuum and replace chairlift to Grantee Save the Pool to Grantee address PO Box 496 Grand Saline, TX 75140, Grantee relationship-none. Activity classification grant for funds of $5,520 to upgrade forest/wildland fire suppression tools and equipment to Grantee Van Zandt Midway Fire Department to Grantee address 4573 St. Hwy 64 Ben Wheeler, TX 75754, Grantee relationship-none. Activity classification grant for funds of $5,000 to repair facilities, transportation and appliances to Grantee Bread of Life Ministries to Grantee address PO Box 196 Mineola, TX 75773, Grantee relationship-none. Activity classification grant for funds of $5,000 to help distribute fresh produce and healthy proteins to communities to Grantee Regional East Texas Food Bank to Grantee address 3201 Robertson Rd Tyler, TX 75701, Grantee relationship-none.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Trey Teaff
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09037632203
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOOD COUNTY ELECTRIC CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WOOD
ReturnHeader/Filer/EIN0814575981
ReturnHeader/Filer/PhoneNum09037632203
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1827
ReturnHeader/Filer/USAddress/CityNm0Quitman
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075783
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-05T12:19:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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