Houston Electrical League Scholarship Foundation EIN 76-0568206

Houston Electrical League Scholarship Foundation

EIN  76-0568206 Public foundation / grantmaker Houston, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides scholarships and internships to college students pursuing electrical careers.
Leadership
Chris Coursey · President
Money in and out
$125K revenue, $148K expenses
Bottom line
93% program efficiency

Provides scholarships and internships to college students pursuing electrical careers. For fiscal year 2025 it reported $125K in revenue, $148K in expenses, and $1.2M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$125K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$23K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
99.7mo
months of highly liquid reserves at operating expense rate▲ +21% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▼ -144% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$125K
FY2025▼ -58%
Expenses
$148K
FY2025▼ -15%
Total assets
$1.2M
FY2025▼ -4%
Total liabilities
$0
FY2025
Total revenue
$125K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $137K of program spending, described in the organization's own filed words · FY2025.
01

Through educational conferences, the Foundation informs the electrical community about advancements and current events. Funds raised through these conferences and events are used to provide scholarships to Junior and Senior level college students.

$137Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHouston Electrical League Scholarship Foundation
EINHdr · item D76-0568206
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.hel.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70)
Ruling yearIRS BMFSep 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$47K · 38%
Program service revenue$36K · 29%
Other revenue$37K · 29%
Contributions & grants$5K · 4%
Investment income38%$47K
Program service revenue29%$36K
Other revenue29%$37K
Contributions & grants4%$5K
Total revenueLn 12$125K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$137K
Management & general7%$11K
Total functional expensesLn 25$148K

Balance Sheet

Part X · end of year
CashLn 1$66K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed5.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $148K
99.7 months
Where the money goes
Program services
Program services $137K · Total expenses $148K
93%
Management & General
Management & general $11K · Total expenses $148K
7%
Fundraising
Fundraising $0 · Total expenses $148K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $52K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $125K
4%
Government reliance
Government grants — · Total revenue $125K
Earned-income share
Program service revenue $36K · Total revenue $125K
29%
Investment reliance
Investment income $47K · Total revenue $125K
+38%
Program self-sufficiency
Program service revenue $36K · Total expenses $148K
24%
Growth & trend
Revenue growth (YoY)
This year $125K · Prior year $299K
-58%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $125K · Expenses $148K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
94%
People & payroll
Highest Reported Total Compensation
Individual Chris Coursey · Reported title President · Highest reported compensation $0 · Total expenses $148K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $148K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth -58%
Accounting fee ratio 2%

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.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $339K · 2020–2025
Unitemized GrantFY2025$109,999
Unitemized GrantFY2024$129,500
Unitemized GrantFY2023$16,000
Unitemized GrantFY2022$29,000
Unitemized GrantFY2021$26,000
Unitemized GrantFY2020$28,250

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$125K revenue · viewing · ⤓ 990 PDF
FY2024$299K revenue · ⤓ 990 PDF
FY2023$56K revenue · ⤓ 990 PDF
FY2022$117K revenue · ⤓ 990 PDF
FY2021$95K revenue · ⤓ 990 PDF
FY2020$8K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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