National Exchange Club
- Assets
- $159.8k
- Revenue
- $490.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 09/1950
- Data as of
- 06/2023
- EIN
- 57-6024834
Organization Overview
National Exchange Club is located in Charleston, SC. The organization was established in 1950. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, 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. National Exchange Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, National Exchange Club generated $490.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $453.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, National Exchange Club has awarded 22 individual grants totaling $197,471. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ACTIVE PARTICIPATION IN THE PROGRAM OF SERVICE OF THE NATIONAL EXCHANGE CLUB FOR THE BETTERMENT OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN CITIZENSHIP FREEDOM SHRINE, GIVE A KID A FLAG TO WAVE, NATIONAL DEFENSE ETC.
COMMUNITY SERVICECRIME PREVENTION, SENIOR CITIZENS, PREVENTION OF CHILD ABUSE
YOUTH PROGRAMSACADEMIC BOWL, YOUTH OF THE YEAR, SCHOLARSHIPS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Heath Director | Trustee | 3 | $0 |
Doug Clark Diector | Trustee | 3 | $0 |
Samuel Litchfield Director | Trustee | 3 | $0 |
Jerry Morris Director | Trustee | 3 | $0 |
Brandon Cole Director | Trustee | 3 | $0 |
Duncan Townsend Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $157,521 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,521 |
| Total Program Service Revenue | $301,940 |
| Investment income | $4,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,153 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $490,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $301,983 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $453,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,681 |
| Savings and temporary cash investments | $148,647 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,486 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,814 |
| Accounts payable and accrued expenses | $6,945 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,845 |
| Total liabilities | $10,790 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $149,024 |
| Total liabilities and net assets/fund balances | $159,814 |
Grants Awarded
Over the last fiscal year, National Exchange Club has awarded $39,421 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ONE 80 PLACE PURPOSE: support | $5,000 |
LOWCOUNTRY ORPHAN RELIEF PURPOSE: support | $17,421 |
DEE NORTON CHILD ADVOCACY CENTER PURPOSE: support | $7,000 |
FLORENCE CRITTENTON PROGRAMS PURPOSE: support | $10,000 |