everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

South Plains Electric Trust

Lubbock, TX / EIN 75-6440983 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201174,00977,494−3,4859.8
201265,76866,955−1,18711.2
201372,16871,21795110.7
201479,57772,2217,35611.7
201571,32573,773−2,44811.1
201674,33964,5189,82114.5
201773,23092,054−18,8247.7
201871,40669,2252,18110.6
201997,25587,5509,7059.7
2020155,803107,65048,15313.3
2021184,95885,38599,57330.8
2022233,060267,697−34,6378.30%
2023239,449214,56024,88911.70%

In its most recent public year (2023), this organization brought in $24,889 more than it spent. Its reserves stood at about 11.7 months of spending, up from 9.8 in 2011. Staff pay was 0% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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