Cotton Electric Charitable Foundation
Cotton Electric Charitable Foundation consistently operates with unpaid officers and stable, modest revenues.
EIN: 200746327 · Walters, OK · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $78K |
| Program Spending | 90% |
| Net Assets | $67K |
| Transparency Score | 92/100 |
Is Cotton Electric Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cotton Electric Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cotton Electric Charitable Foundation
Cotton Electric Charitable Foundation (EIN: 200746327) is a nonprofit organization based in Walters, OK, classified under NTEE code T30. The organization reported total revenue of $108K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cotton Electric Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cotton Electric Charitable Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $78K |
| Surplus / Deficit | +$8K |
| Total Assets | $68K |
| Total Liabilities | $1K |
| Net Assets | $67K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2024, Cotton Electric Charitable Foundation reported a surplus of $8K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Cotton Electric Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -3.1% | -10.5% | +14.7% |
| 2023 | -2.6% | +12.6% | +1.9% |
| 2022 | +4.3% | -14.9% | +29.5% |
| 2021 | +15.2% | +16.7% | -8.2% |
| 2020 | -20.9% | -17.1% | -23.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cotton Electric Charitable Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cotton Electric Charitable Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's officers are unpaid volunteers. This is highly favorable for a nonprofit of its size, as it maximizes the proportion of funds available for its charitable activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cotton Electric Charitable Foundation:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
- Stable revenue streams, generally between $75,000 and $108,000 annually.
- Growing asset base, from $28,903 in 2015 to $84,121 currently, demonstrating financial stability.
- Low or zero liabilities in most periods, suggesting good fiscal health.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency.
Frequently Asked Questions about Cotton Electric Charitable Foundation
Is Cotton Electric Charitable Foundation a legitimate charity?
Cotton Electric Charitable Foundation (EIN: 200746327) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $108K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Cotton Electric Charitable Foundation spend its money?
Cotton Electric Charitable Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Cotton Electric Charitable Foundation tax-deductible?
Cotton Electric Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200746327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cotton Electric Charitable Foundation's spending goes to programs?
Cotton Electric Charitable Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cotton Electric Charitable Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Cotton Electric Charitable Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cotton Electric Charitable Foundation located?
Cotton Electric Charitable Foundation is headquartered in Walters, Oklahoma and files with the IRS under EIN 200746327. It is classified under NTEE code T30.
How many years of IRS 990 filings does Cotton Electric Charitable Foundation have?
Cotton Electric Charitable Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $108K in total revenue.
Is Cotton Electric Charitable Foundation a good charity?
Based on the provided financial data, the Cotton Electric Charitable Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency in leadership costs, and maintains stable financial operations with growing assets and low liabilities. Its consistent IRS 990 filings also demonstrate transparency.
How does the foundation manage its expenses?
The foundation's expenses generally track closely with its revenues. For example, in 202406, revenues were $85,742 and expenses were $78,195. The consistent 0% officer compensation suggests a very lean administrative structure, allowing a significant portion of funds to be directed towards its mission.
What is the trend in the foundation's assets?
The foundation's assets have shown a positive growth trend over the past decade, increasing from $28,903 in 2015 to $84,121 currently. This indicates sound financial management and an ability to build reserves.
Filing History
IRS 990 filing history for Cotton Electric Charitable Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Cotton Electric Charitable Foundation's revenue has grown by 12.6%, moving from $76K to $86K. Total assets increased by 266.4% over the same period, from $19K to $68K. Total functional expenses fell by 15.9%, from $93K to $78K. In its most recent filing year (2024), Cotton Electric Charitable Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1K in liabilities against $68K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $86K | $78K | $68K | $1K | — | — |
| 2023 | $88K | $87K | $59K | $0 | — | — |
| 2022 | $91K | $78K | $58K | $0 | — | — |
| 2021 | $87K | $91K | $45K | $0 | — | View 990 |
| 2020 | $76K | $78K | $49K | $0 | — | — |
| 2019 | $96K | $94K | $64K | $12K | — | View 990 |
| 2018 | $93K | $88K | $62K | $12K | — | View 990 |
| 2017 | $95K | $85K | $45K | $0 | — | View 990 |
| 2016 | $91K | $84K | $49K | $14K | — | View 990 |
| 2015 | $93K | $107K | $29K | $830 | — | View 990 |
| 2014 | $88K | $86K | $61K | $18K | — | View 990 |
| 2013 | $99K | $77K | $48K | $8K | — | View 990 |
| 2012 | $76K | $93K | $19K | $475 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $86K, expenses of $78K, and assets of $68K (revenue -3.1% year-over-year).
- 2023: Revenue of $88K, expenses of $87K, and assets of $59K (revenue -2.6% year-over-year).
- 2022: Revenue of $91K, expenses of $78K, and assets of $58K (revenue +4.3% year-over-year).
- 2021: Revenue of $87K, expenses of $91K, and assets of $45K (revenue +15.2% year-over-year).
- 2020: Revenue of $76K, expenses of $78K, and assets of $49K (revenue -20.9% year-over-year).
- 2019: Revenue of $96K, expenses of $94K, and assets of $64K (revenue +2.4% year-over-year).
- 2018: Revenue of $93K, expenses of $88K, and assets of $62K (revenue -2.1% year-over-year).
- 2017: Revenue of $95K, expenses of $85K, and assets of $45K (revenue +4.8% year-over-year).
- 2016: Revenue of $91K, expenses of $84K, and assets of $49K (revenue -1.9% year-over-year).
- 2015: Revenue of $93K, expenses of $107K, and assets of $29K (revenue +5.3% year-over-year).
- 2014: Revenue of $88K, expenses of $86K, and assets of $61K (revenue -11.2% year-over-year).
- 2013: Revenue of $99K, expenses of $77K, and assets of $48K (revenue +30.3% year-over-year).
- 2012: Revenue of $76K, expenses of $93K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cotton Electric Charitable Foundation:
Data Sources and Methodology
This transparency report for Cotton Electric Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.