Augusta Exchange Club Charity Fund Inc is located in Augusta, GA. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Augusta Exchange Club Charity Fund Inc 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 12/2021, Augusta Exchange Club Charity Fund Inc generated $438.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $86.3k during the year ending 12/2021. 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
TO INVEST CONTRIBUTIONS RECEIVED AND TO MAKE DONATIONS TO OTHER 501(C)(3) ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT TO THE NEEDY THROUGH CONTRIBUTIONS TO VARIOUS LOCAL AGENCIES, CHARITIES AND 501(C)(3) ORGANIZATIONS, ESPECIALLY THOSE WITH PROGRAMS FOR THE PREVENTION OF CHILD ABUSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Hardy Secretary/tr | OfficerTrustee | 1 | $0 |
Scott Rhodes President | OfficerTrustee | $0 | |
Frank Anderson Director | Trustee | $0 | |
Marc Wilson III Director | Trustee | 1 | $0 |
Phillip Kelly Director | Trustee | $0 | |
Lionel Prather Director | Trustee | $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 | $374,088 |
Noncash contributions included in lines 1a–1f | $213,083 |
Total Revenue from Contributions, Gifts, Grants & Similar | $374,088 |
Total Program Service Revenue | $0 |
Investment income | $14,030 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $49,975 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $438,093 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $84,500 |
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 | $86,282 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,562 |
Savings and temporary cash investments | $145,575 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $929,931 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,085,068 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
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 | $1,085,068 |
Total liabilities and net assets/fund balances | $1,085,068 |
Over the last fiscal year, Augusta Exchange Club Charity Fund Inc has awarded $56,500 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Augusta, GA PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $6,500 |
AUGUSTA THERAPY ACADEMY PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $5,000 |
Augusta, GA PURPOSE: TO SUPPORT ALL IN AUGUSTA INITIATIVE. | $5,000 |
Augusta, GA PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $5,000 |
Augusta, GA PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $5,000 |
Kansas City, MO PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $5,000 |
Over the last fiscal year, we have identified 1 grants that Augusta Exchange Club Charity Fund Inc has recieved totaling $333,475.
Awarding Organization | Amount |
---|---|
Outreach Inc Dunwoody, GA PURPOSE: CHARITABLE | $333,475 |
Organization Name | Assets | Revenue |
---|---|---|
University Of South Florida Institute Of Applied Engineering I Tampa, FL | $5,205,656 | $9,587,469 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
The Legacy Foundation At Shell Point Inc Fort Myers, FL | $5,518,203 | $5,863,574 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Tampa-Orlando-Pinellas Jewish Foundation Inc Tampa, FL | $66,534,235 | $10,949,791 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Chapters Health Foundation Inc Temple Terrace, FL | $14,703,109 | $7,254,901 |
Consortium Of Florida Education Foundations Inc Gainesville, FL | $1,204,122 | $5,873,511 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Programa De Ayuda Humanitaria Para Venezuela Weston, FL | $8,434 | $5,060,742 |