ACCUMULATE AND DISBURSE FUNDS FOR EDUCATIONAL PURPOSES IN THE SERVICE AREA OF WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.3M
+17.9% YoY
Revenue
$2.4M
+23.8% YoY
Net Investment Income
$455K
+24.3% YoY
Expenses
$803K
-26.9% YoY
About Wrec Educational Foundation Inc
Based on IRS filings
Wrec Educational Foundation Inc is a nonprofit organization focused on Education, based in DADE CITY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.3M in total assets. Net investment income was $455K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,300,706 | $8,734,441 | $7,919,758 |
| Revenue | $2,369,687 | $1,913,418 | $1,606,508 |
| Expenses | $803,422 | $1,098,735 | $1,141,855 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $455,208 | $366,309 | $100,990 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRENCE E SCHRADER | PRESIDENT | 1 | — |
| PATRICIA P BECHTELHEIMER | VICE PRESIDENT | 1 | — |
| DESMOND G LITTLE | DIRECTOR | 1 | — |
| ALAN F HENGESBACH | TREASURER | 1 | — |
| ROBERT W STRICKLAND | SECRETARY | 1 | — |
| PAUL R LITTLE | DIRECTOR | 1 | — |
| DAVID S HUNNICUTT | DIRECTOR | 1 | — |
| KIMBERLY L KINNEY | DIRECTOR | 1 | — |
| ROBERT BARTHLE | TRUSTEE/DIRECTOR | 1 | — |
| DAVID B LAMBERT II | EXEC. VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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