Form 990 for tax year 2022

Totals

Total revenue

$391,738

Total expenses

$343,796

Contributions and grants received

$390,661

Grants paid

$343,796

Program service revenue

$0

Investment income

$1,077

Other revenue

$0

Total assets, end of year

$261,498

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$261,498

Program services expenses (Part IX)

$343,796

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$343,796

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• IN 2022 THE FOUNDATION DONATED $244,500 TO 28 DIFFERENT CHARITABLE ORGANIZATIONS AND DONATED $99,296 TO NEEDY INDIVIDUALS TO HELP WITH THEIR UTILITY BILLS.

  Expenses $343,796 · Grants $343,796

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• WYLIE CHRISTIAN CARE CENTER

  $35,000

  TO ASSIST THE NEEDY.

• WILBUR J & ZELMA M SMITH FBO SALVATION ARMY

  $25,000

  TO ASSIST THE NEEDY.

• LAKE AREA SHARED MINISTRIES

  $20,000

  ASSISTANCE FOR THE NEEDY.

• ROCKWALL COUNTY HELPING HANDS INC

  $18,000

  TO PROVIDE FINANCIAL ASSISTANCE FOR BASIC NEEDS AND EDUCATIONAL RESOURCES.

• COVENTRY RESERVE

  $18,000

  TO PROVIDE FINANCIAL ASSISTANCE TO ADULTS WITH SPECIAL NEEDS.

• HUNT COUNTY SHARED MINISTRIES INC

  $15,000

  TO PROVIDE FINANCIAL SUPPORT FOR INDIGENT PEOPLE IN THE NORTHEAST TEXAS AREA.

• HOPKINS COUNTY COMMUNITY CHEST

  $15,000

  TO ASSIST THE NEEDY.

• MEALS ON WHEELS ROCKWALL COUNTY

  $10,000

  TO SUPPORT THE DELIVERY OF MEALS TO THE ELDERLY AND AFFIRMED.

• AMAZING GRACE FOOD PANTRY

  $7,000

  FOOD DISTRIBUTION TO INCOME QUALIFYING INDIVIDUALS IN COLLIN AND ROCKWELL COUNTIES TEXAS.

• EMPOWER 7 INC

  $7,000

  TO PROVIDE FINANCIAL SUPPORT TO EMPOWER THE LIVES OF VULNERABLE YOUTH.

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• FARMERS ELECTRIC COOPERATIVE INC

  501(C)(12) · ELECTRIC COOPERATIVE · TX

Provenance

Return type

form_990

Tax year

2022

Filed

19 October 2023

IRS schema version

2022v5.0

Source object

202313059349302291

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.