Community Exchange Foundation
- Assets
- $5.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glens Falls, NY
- Founding
- 11/2012
- Data as of
- 12/2019
- EIN
- 27-1641810
Organization Overview
Community Exchange Foundation is located in Glens Falls, NY. The organization was established in 2012. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Exchange Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Community Exchange Foundation generated $14.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $20.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (14.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE KIDS EXCHANGE IS A TWICE-YEARLY CHILDREN'S CONSIGNMENT SALE. IT BENEFITS OUR LOCAL COMMUNITY BY RECYCLING ITEMS OF VALUE TO PEOPLE IN NEED. SALEPROCEEDS AND UNSOLD ITEMS DONATED TO NEEDY FAMILIES. 4,000 BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Englert President | 3 | $0 | |
Michelle Aleva Vice President | 2 | $0 | |
Adrienne Knapp Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $11,946 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,746 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $4,255 |
| Printing, publications, postage, and shipping | $690 |
| Other expenses | $7,135 |
| Total expenses | $20,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,101 |
| Other assets | $0 |
| Total assets | $5,101 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,101 |