Springer Electric Coop Education Foundation
- Assets
- $476.9k
- Revenue
- $122.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Springer, NM
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 85-0366101
Organization Overview
Springer Electric Coop Education Foundation is located in Springer, NM. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springer Electric Coop Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Springer Electric Coop Education Foundation generated $122.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $43.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Schutz President | 0.5 | $0 | |
Tim Morrow Vice President | 0.5 | $0 | |
Gary Shaw Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,843 |
| Interest on Savings | $803 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $43,000 |
| Total expenses and disbursements | $43,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $476,921 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $476,921 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Springer Electric Coop Education Foundation has awarded $43,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
RAMON ROMERO PURPOSE: SCHOLARSHIP | $2,000 |
KARA BURTON PURPOSE: SCHOLARSHIP | $2,000 |
DOMINIC ROMERO PURPOSE: SCHOLARSHIP | $2,000 |
CHRISTOPHER CASIAS PURPOSE: SCHOLARSHIP | $2,000 |
SHANIA DEHERRERA PURPOSE: SCHOLARSHIP | $2,000 |
JOSEPH DEHERRERA PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
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|---|---|---|
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Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |
Denver Public Library Friends Foundation Denver, CO | $13,953,540 | $6,255,598 |
Texas High School Rodeo Association Inc Center, TX | $1,481,050 | $6,538,446 |