Slemco Electric Foundation FY2020 filing
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Distributes charitable donations to those in need. For fiscal year 2020 it reported $461K in revenue, $466K in expenses, and $105K in net assets.Pt I
Summary of the Filing
Where the work happens
This organization shall receive funds from the membership of southwest louisiana electric membership corporation and from other sources as deemed apropriate by the organizations' board of directors.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 76% | — | — |
| Overhead ratio | 24% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Legal fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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