BEC Foundation

Legal name: Bandera Electric Charitable Foundation

Nonprofit profile at a glance

EIN
473758376
IRS 990-EZ coverage
2018–2024
Official website data refreshed
Sep 2026
Forms available
Form 990-EZ 2024
Location
Bandera, Texas, USA
Phone
(866) 226-3372
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$107,818
Expenses
$65,777
Assets
$121,671
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • TOBA WRIGHT (PRESIDENT)

People named in this filing

  • BILL HETHERINGTON (CHAIR)
  • TOBA WRIGHT (PRESIDENT)
  • COLLEEN DAVIS (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the BEC Foundation is to support qualifying organizations in its service area through charitable contributions with a focus on education, safety, and overall concern for community.

What it reported doing in 2024

During 2024 funds were disbursed to approximately 10 organizations to provide funds for community service projects, education and youth programs, disaster relief and health initiatives in the service area of bandera electric cooperative. Funds were also distributed to help local families and churches with their missions.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61%; rating input score 61
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 39%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 1.85; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 11.3% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 57th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 61% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.