National Exchange Club is located in Augusta, GA. 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. As of 12/2021, National Exchange Club employed 31 individuals. 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 12/2021, National Exchange Club generated $506.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $345.1k during the year ending 12/2021. While expenses have increased by 11.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EXCHANGE CLUB OF AUGUSTA, INC. IS A GROUP OF MEN AND WOMEN WORKING TOGETHER TO MAKE OUR COMMUNITY A BETTER PLACE TO LIVE THROUGH PROGRAMS OF SERVICE IN AMERIANISM, COMMUNITY SERVICE, YOUTH ACTIVITIES, AND PREVENTION OF CHILD ABUSE. THE CLUB'S MOST SIGNIFICANT PROJECT IS ITS ANNUAL AGRICULTURAL FAIR THAT PROVIDES THE OPPORTUNITY FOR MANY LOCAL YOUTH AND ADULTS TO PRESENT THEIR TALENT IN ART, MUSIC, DANCE, LIVESTOCK, CULTIVATION, ETC. NET PROCEEDS FROM THE FAIR AND USE OF THE FAIR GROUNDS PROVIDE FUNDING FOR A VARIETY OF GIFTS TO LOCAL CHARITIES IN SUPPORT OF OUR SERVICE PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXCHANGE CLUB OF AUGUSTA, INC. IS A GROUP OF MEN AND WOMEN WORKING TOGETHER TO MAKE OUR COMMUNITY A BETTER PLACE TO LIVE THROUGH PROGRAMS OF SERVICE IN AMERIANISM, COMMUNITY SERVICE, YOUTH ACTIVITIES, AND PREVENTION OF CHILD ABUSE. THE CLUB'S MOST SIGNIFICANT PROJECT IS ITS ANNUAL AGRICULTURAL FAIR THAT PROVIDES THE OPPORTUNITY FOR MANY LOCAL YOUTH AND ADULTS TO PRESENT THEIR TALENT IN ART, MUSIC, DANCE, LIVESTOCK, CULTIVATION, ETC. NET PROCEEDS FROM THE FAIR AND USE OF THE FAIR GROUNDS PROVIDE FUNDING FOR A VARIETY OF GIFTS TO LOCAL CHARITIES IN SUPPORT OF OUR SERVICE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryan Evans Secretary | OfficerTrustee | 4 | $6,000 |
Arthur Balk Past Preside | OfficerTrustee | 1 | $0 |
John Tudor President | OfficerTrustee | 4 | $0 |
Dennis Trotter Vice Preside | OfficerTrustee | 2 | $0 |
Stephen Farmer 2nd Vice Pre | OfficerTrustee | 2 | $0 |
R Bates Mccutcheon Treasurer | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
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 | $0 |
Total Program Service Revenue | $170,688 |
Investment income | $10,678 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $8,337 |
Net Gain/Loss on Asset Sales | $42,132 |
Net Income from Fundraising Events | $250,045 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $506,390 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $900 |
Grants and other assistance to domestic individuals. | $2,992 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $74,540 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,024 |
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 | $5,589 |
Fees for services: Other | $79,230 |
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 | $18,720 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $345,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $284,713 |
Savings and temporary cash investments | $32,692 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $29,761 |
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 | $257,957 |
Investments—publicly traded securities | $457,410 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,062,533 |
Accounts payable and accrued expenses | $4,751 |
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 | $0 |
Total liabilities | $4,751 |
Net assets without donor restrictions | $1,057,782 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,062,533 |
Over the last fiscal year, we have identified 1 grants that National Exchange Club has recieved totaling $100,000.
Awarding Organization | Amount |
---|---|
Augusta Charity Classic Fund Inc Augusta, GA PURPOSE: TO ASSIST WITH PROGRAM OPERATIONS | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
East Tenn Human Resource Agency Inc Knoxville, TN | $20,466,958 | $48,339,274 |
Middle Georgia Community Action Agency Inc Warner Robins, GA | $16,341,072 | $22,831,076 |
Lions Services Inc Charlotte, NC | $6,497,878 | $15,970,949 |
Sertoma Center Inc Knoxville, TN | $10,787,048 | $12,520,977 |
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Dannon Project Birmingham, AL | $2,922,674 | $5,792,591 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
211 Tampa Bay Cares Inc Clearwater, FL | $2,619,145 | $5,287,939 |
Heart Of Ga Community Action Council Inc Warner Robins, GA | $1,148,335 | $3,700,784 |
Community Assistance Center Inc Atlanta, GA | $5,646,342 | $4,660,397 |
Mt Olive Community Outreach Center Inc Albany, GA | $5,405,895 | $2,935,637 |