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· Public charity

Golden Spread Electric Cooperative Inc

To deliver cost effective, competitive and reliable power to provide a secure energy future for generations to come by creating opportunities, cultivating cooperation and navigating industry risk.

$149k
Granted FY2024still arriving
4
Grants FY2024still arriving
2
States reached
$40k
Largest

Read this first · the figures below need context

59% of Golden Spread Electric Cooperative Inc’s FY2024 grant dollars went to Massachusetts Institute Of Technology, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 2 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

3
’17
2
’18
1
’20
1
’21
2
’22
2
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$541kEnvironment$25kPhilanthropy$22kCommunity Improvement$6k
02FY2024 · 4 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 4 grants below total $76,350, the rows itemized in this filing. The $149,346 headline is the total grant expense on the return; the other $72,996 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • Under $10k2 grants · $11k
  • $10k–50k2 grants · $65k
$25,000
Median grant
2
States reached
$1.4B
Total assets
Largest grants
RecipientAmount
MASSACHUSETTS INSTITUTE OF TECHNOLOGY$40,000
SOUTH TEXAS ELECTRIC COOP INC$25,000
OPPORTUNITY PLAN INC$6,000
AMARILLO AREA FOUNDATION$5,350
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 9%, against an area that typically sits at 8%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%MASSACHUSETTS INSTITUTE OF TECHNOLOGY: $165k → 8%OPPORTUNITY PLAN INC: $18k → 9%TEXAS ELECRIC COOPERATIVE INC: $8k → 10%SOUTH TEXAS ELECTRIC COOP INC: $25k → 16%AMARILLO AREA FOUNDATION: $8k → 20%MASSACHUSETTS INSTITUTE OF TECHNOLOGY: $165k → 8%OPPORTUNITY PLAN INC: $17k → 9%AMARILLO AREA FOUNDATION: $8k → 20%MASSACHUSETTS INSTITUTE OF TECHNOLOGY: $40k → 8%OPPORTUNITY PLAN INC: $6k → 9%CITY CENTER OF AMARILLO INC: $6k → 20%MASSACHUSETTS INSTITUTE OF TECHNOLOGY: $37k → 8%OPPORTUNITY PLAN INC: $6k → 9%AMARILLO AREA FOUNDATION: $5k → 20%MASSACHUSETTS INSTITUTE TECHNOLOGY: $35k → 8%OPPORTUNITY PLAN INC: $6k → 9%OPPORTUNITY PLAN INC: $6k → 9%WEST TEXAS A&M UNIVERSITY FD: $18k → 9%WEST TEXAS A&M UNIVERSITY FOUNDATIO: $14k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
04Its field
04the grantee network

6 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 6 of the 7 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
6/6
Grantees still filing
4/6
Grew since first funded

Where the money sits, by cause and then by grantee

Massachusetts Institute of Technology: $441,750 · EducationMassachusetts Institute of TechnologyWEST TEXAS A&M UNIV FOUNDATION: $31,450 · EducationWEST TEXAS A&M UNIV FOUNDATIONTHE OPPORTUNITY PLAN INC: $59,500 · OtherTHE OPPORTUNITY P…SOUTH TEXAS ELECTRIC COOPERATIVE INC: $25,000 · OtherSOUTH TEXAS ELECT…TEXAS ELECTRIC COOPERATIVES INC: $8,031 · OtherTEXAS ELECTRIC CO…AMARILLO AREA FOUNDATION INC: $21,512 · PhilanthropyCENTER CITY OF AMARILLO INC: $5,500 · Community Improvement
Education$473,200Other$92,531Philanthropy$21,512Community Improvement$5,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMassachusetts Institute of Technology: $441,750 over 5y, 0.0% of budgetTHE OPPORTUNITY PLAN INC: $59,500 over 6y, 1.2% of budgetWEST TEXAS A&M UNIV FOUNDATION: $31,450 over 2y, 0.3% of budgetSOUTH TEXAS ELECTRIC COOPERATIVE INC: $25,000 over 1y, 0.0% of budgetAMARILLO AREA FOUNDATION INC: $21,512 over 3y, 0.0% of budgetCENTER CITY OF AMARILLO INC: $5,500 over 1y, 1.8% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Mays FoundationTX13.6× affinity4 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Mays Foundation · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Golden Spread Electric Cooperative Inc funds: left to right is the share of its income from government, bottom to top the share from Golden Spread Electric Cooperative Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →median 35%
  • Massachusetts Institute of Technology: 35% of income from government
no gov moneyreceives it· size = income
0get no government money at all
1report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 7 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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