7 X 24 Exchange International
- Assets
- $34.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 27-3116965
Organization Overview
7 X 24 Exchange International is located in Cypress, TX. The organization was established in 2011. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 7 X 24 Exchange International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, 7 X 24 Exchange International generated $55.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $51.3k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
A CRAWFISH BOIL AND RAFFLE WERE HELD TO RAISE MONEY.
A CRAWFISH BOIL AND RAFFLE WERE HELD TO RAISE MONEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordan Kellerman Vice Preside | 1 | $0 | |
Jackie Paiserbowicz Vice Preside | 1 | $0 | |
Jack Kolar President | 1 | $0 | |
Sarah Emich Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,700 |
| Total Program Service Revenue | $22,165 |
| Membership dues | $23,600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,465 |
| 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 | $3,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,791 |
| Total expenses | $51,291 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,938 |
| Other assets | $0 |
| Total assets | $34,938 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,938 |
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