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Nonprofiteer
← 1792 EXCHANGE INC

Form 990 for tax year 2022

Filed by 1792 EXCHANGE INC.

Totals

Total revenue
$2,295,000
Total expenses
$1,766,677
Contributions and grants received
$2,295,000
Grants paid
$362,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$559,611
Total liabilities, end of year
$30,361
Net assets or fund balances, end of year
$529,250
Program services expenses (Part IX)
$1,593,798
Management and general expenses
$128,343
Fundraising expenses
$44,536
Program service expenses (Part III)
$1,593,798

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,295,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $362,000 · program services $362,000

  • 11b · Fees: legal

    total $270,576 · program services $248,223 · management and general $22,353

  • 11c · Fees: accounting

    total $8,906 · management and general $8,906

  • 11g · Fees: other

    total $740,374 · program services $604,391 · management and general $94,004 · fundraising $41,979

  • 13 · Office expenses

    total $19,310 · program services $16,014 · management and general $2,138 · fundraising $1,158

  • 17 · Travel

    total $31,242 · program services $29,843 · fundraising $1,399

  • 19 · Conferences, conventions and meetings

    total $4,479 · program services $4,479

  • 23 · Insurance

    total $1,211 · program services $269 · management and general $942

  • 24a · Other expenses: CONSTITUENT EDUCATION

    total $327,875 · program services $327,875

  • 24b · Other expenses: EVENT COSTS

    total $633 · program services $633

  • 24c · Other expenses: RESEARCH EXPENSE

    total $71 · program services $71

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $927 · end of year $557,178

  • 9 · Prepaid expenses and deferred charges

    end of year $2,433

  • 17 · Accounts payable and accrued expenses

    end of year $30,361

  • 27 · Net assets without donor restrictions

    beginning of year $927 · end of year $529,250

Mission and programs · 2022

Mission

EDUCATION OF PUBLIC AND CONGRESS ON PRINCIPLES OF FREEDOM.

Activities or mission (Part I)

1792 EXCHANGE SUPPORTS FREEDOM OF RELIGION, FREEDOM OF SPEECH, AND FREE ENTERPRISE AND OTHER PRINCIPLES OF THE UNITED STATES CONSTITUTION BY EDUCATING THE PUBLIC AND CONGRESS.

  • CONDUCTS RESEARCH ON FREE EXERCISE, FREE SPEECH AND FREE ENTERPRISE AND IMPACT OF CORPORATE BEHAVIOR ON SHAREHOLDERS, EMPLOYEES, CUSTOMERS, SUPPLIERS.

    Expenses $1,231,798

  • OBTAINS GRANTS AND DISTRIBUTES SAME TO ORGANIZATIONS WHOSE PURPOSES COINCIDE WITH THE PURPOSES OF THE 1792 EXCHANGE.

    Expenses $362,000 · Grants $362,000

As filed on the 2022 return.

Listed in Part VII

  • Paul Fitzpatrick

    PRESIDENT

    Total calculated
    $134,346
    From this org
    $134,346
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

  • Stanley Reiff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Morgan

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202343189349314309

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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