Mission
ACCUMULATE AND DISBURSE FUNDS FOR EDUCATIONAL PURPOSES IN THE SERVICE AREA OF WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE, INC.
Public Charity
WREC EDUCATIONAL FOUNDATION INC
WREC EDUCATIONAL FOUNDATION INC is a private foundation categorized as Public Charity based in DADE CITY, FL. Its most recent IRS filing (2025) reports revenue of $2.6M, expenses of $894K, total assets of $12.0M. Imperigo tracks 7 reported grants from this foundation totaling approximately $1.3M.
EIN: 593407203
DADE CITY, FL
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$2.6M
Total Expenses$894K
Total Assets$12.0M
Grants Given7
Grant Total$1.3M
Filing Years2021–2025
Where $100 goes at Wrec Educational Foundation Inc
How Wrec Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
The foundation's main purpose is to provide scholarships to students, who reside in the wrec service areas, to attend a florida college, university or technical school
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
SOFTBALL FIELD LIGHT
$152,000
PASCO COUNTY SCHOOL BOARD
EDUCATION
$400,000
BASEBALL FIELD LIGHT
$408,000
CITRUS COUNTY SCHOOL BOARD
VOCATIONAL TRAINING
$150,000
HERNANDO COUNTY SCHOOL BOARD
COLLEGE/CAREER PROGR
$121,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
TREASURER
Alan F Hengesbach
EXEC. VP
David B Lambert Ii
DIRECTOR
David S Hunnicutt
DIRECTOR - EXITING 2025
Desmond G Little
DIRECTOR - NEW 2025
Joseph Marina
DIRECTOR
Kimberly L Kinney
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.6M | $894K | $12.0M |
| 2024 | $2.4M | $803K | $10.3M |
| 2023 | $1.9M | $1.1M | $8.7M |
| 2022 | $1.6M | $1.1M | $7.9M |
| 2021 | $1.5M | $1.6M | $7.5M |
Between 2021 and 2025, reported annual revenue grew from $1.5M to $2.6M (+75%), with total assets most recently reported at $12.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in FL.
FL
Full geographic grant map with state-by-state breakdown available with membership.