AEC FOUNDATION: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- AEC FOUNDATION (EIN 20-0832182)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202423189349205967
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T19:18:40-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731392036 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Terry Graham Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 202 S Grand | AddressLine1Txt |
| City | Cherokee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73728 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200832182 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AEC Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AECF | BusinessNameControlTxt |
| Phone | 5805963333 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 W 12th St | AddressLine1Txt |
| City | Cherokee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73728 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gail Ridgway | PersonNm |
| Person Title | Foundation Manager | PersonTitleTxt |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Terry Graham | PreparerPersonNm |
| PTIN | P00990358 | PTIN |
| Phone | 5805963368 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Gross Receipts | $39,248 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $38,091 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $1,157 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $39,248 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $45,700 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $640 | FeesAndOtherPymtToIndCntrctAmt |
| Total Expenses | $46,340 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$7,092 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $48,235 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,143 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,235 | BOYAmt |
| EOY | $41,143 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,235 | BOYAmt |
| EOY | $41,143 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,235 | BOYAmt |
| EOY | $41,143 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | The disbursement of funds for charitable purposes in the service area of Alfalfa Electric Cooperative, Inc. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| Provided grants for 45 area nonprofit organizations. | $38,568 | $38,568 |
| Provided grants for 11 area individuals in need. | $7,132 | $7,132 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $45,700 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Darrin Lancaster | ||
| Director | 0 | $0 |
| Terry Pederson | ||
| Vice President | 0 | $0 |
| Debbie Biby | ||
| President | 0 | $0 |
| Paul Jackson | ||
| Director | 0 | $0 |
| Stan Michael | ||
| Director | 0 | $0 |
| Keith Smith | ||
| Director | 0 | $0 |
| Cari Dietz | ||
| Director | 0 | $0 |
| Rob Daughhetee | ||
| Secretary | 0 | $0 |
| Gail Ridgway | ||
| Foundation Mgr. | 0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AEC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 305 W 12th St | AddressLine1Txt |
| City | Cherokee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 73728 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5805963333 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,614 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,336 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,232 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,802 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,091 | CurrentTaxYearAmt |
| Total | $202,075 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,614 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,336 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,232 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,802 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,091 | CurrentTaxYearAmt |
| Total | $202,075 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $202,075 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $414 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $270 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,157 | CurrentTaxYearAmt |
| Total | $2,551 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $485 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $414 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $270 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $225 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,157 | CurrentTaxYearAmt |
| Total | $2,551 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $41,099 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,750 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,502 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,027 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $39,248 | CurrentTaxYearAmt |
| Total | $204,626 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98750 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99120 | PublicSupportPY509Pct |
| Investment Income CY | 0.01250 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00880 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Grants and Similar Amounts Paid In Excess of $5,000.2 | Class of Activity: Classroom Equipment | Donee's Name: Educational Institutions | Donee's Address: All Grantees Under $5000.00 Cherokee OK 73728 | Cash Amount Given: $6500 |
| Grants and Similar Amounts Paid In Excess of $5,000.3 | Class of Activity: Youth Activities | Donee's Name: Community Projects | Donee's Address: All Grantees Under $5000.00 Cherokee OK 73728 | Cash Amount Given: $31068 |
| Grants and Similar Amounts Paid In Excess of $5,000.5 | Class of Activity: Food/Shelter/Medical | Donee's Name: Individual Assistance | Donee's Address: All Grantees Under $5000.00 Cherokee OK 73728 | Cash Amount Given: $7132 |