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Nonprofiteer
← NATIONAL EXCHANGE CLUB FOUNDATION INC

Form 990 for tax year 2022

Filed by NATIONAL EXCHANGE CLUB FOUNDATION INC.

Totals

Total revenue
$724,006
Total expenses
$769,897
Contributions and grants received
$545,346
Grants paid
$474,686
Program service revenue
$137,565
Investment income
$37,097
Other revenue
$3,998
Total assets, end of year
$1,213,094
Total liabilities, end of year
$126,464
Net assets or fund balances, end of year
$1,086,630
Program services expenses (Part IX)
$512,254
Management and general expenses
$191,967
Fundraising expenses
$65,676
Program service expenses (Part III)
$512,254

Program services were 66.5% 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.

  • 1c · Fundraising events

    $116,254

  • 1f · All other contributions, gifts and grants

    $429,092

  • 2a · Program service revenue: DUES SUPPLEMENT

    total $137,565 · related or exempt $137,565

  • 3 · Investment income

    total $30,197 · excluded $30,197

  • 7a · Gross sales of assets other than inventory

    securities $6,900

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $6,900

  • 7d · Net gain or loss

    total $6,900 · excluded $6,900

  • 8a · Fundraising events: gross income

    $28,115

  • 8a · Fundraising events: contributions included on line 1c

    $116,254

  • 8b · Fundraising events: direct expenses

    $28,466

  • 8c · Net income from fundraising events

    total -$351 · excluded -$351

  • 9a · Gaming: gross income

    $9,815

  • 9b · Gaming: direct expenses

    $5,466

  • 9c · Net income from gaming

    total $4,349 · related or exempt $4,349

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $447,414 · program services $447,414

  • 2 · Grants to domestic individuals

    total $27,272 · program services $27,272

  • 7 · Other salaries and wages

    total $31,408 · management and general $18,845 · fundraising $12,563

  • 8 · Pension plan contributions

    total $2,496 · management and general $1,498 · fundraising $998

  • 9 · Other employee benefits

    total $4,761 · management and general $2,856 · fundraising $1,905

  • 10 · Payroll taxes

    total $2,231 · management and general $1,339 · fundraising $892

  • 11a · Fees: management

    total $141,122 · management and general $141,122

  • 11c · Fees: accounting

    total $13,050 · management and general $13,050

  • 11g · Fees: other

    total $1,211 · management and general $484 · fundraising $727

  • 12 · Advertising and promotion

    total $1,124 · management and general $1,124

  • 13 · Office expenses

    total $15,717 · program services $2,522 · management and general $2,490 · fundraising $10,705

  • 14 · Information technology

    total $1,790 · fundraising $1,790

  • 17 · Travel

    total $7,384 · management and general $7,384

  • 19 · Conferences, conventions and meetings

    total $42,146 · program services $23,325 · fundraising $18,821

  • 20 · Interest

    total $1,535 · management and general $1,535

  • 24a · Other expenses: SERVICE AWARDS

    total $9,600 · fundraising $9,600

  • 24b · Other expenses: YOUTH EXPENSE

    total $7,976 · program services $7,976

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $6,306 · program services $185 · fundraising $6,121

  • 24d · Other expenses: PREVENTION SERVICES

    total $3,560 · program services $3,560

  • 24e · All other expenses

    total $1,794 · management and general $240 · fundraising $1,554

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $78,193 · end of year $63,780

  • 2 · Savings and temporary cash investments

    beginning of year $180,318 · end of year $116,119

  • 3 · Pledges and grants receivable

    beginning of year $1,814 · end of year $5,864

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,050 · end of year $8,373

  • 10a · Land, buildings and equipment: cost or other basis

    $45,712

  • 10b · Land, buildings and equipment: accumulated depreciation

    $45,712

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $724,604 · end of year $738,724

  • 12 · Investments: other securities

    beginning of year $129,650 · end of year $218,829

  • 15 · Other assets

    beginning of year $60,370 · end of year $61,405

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,557 · end of year $71,225

  • 19 · Deferred revenue

    beginning of year $2,395 · end of year $2,700

  • 23 · Secured mortgages and notes payable

    beginning of year $50,000 · end of year $49,181

  • 25 · Other liabilities

    beginning of year $34,529 · end of year $3,358

  • 27 · Net assets without donor restrictions

    beginning of year $269,458 · end of year $313,570

  • 28 · Net assets with donor restrictions

    beginning of year $761,060 · end of year $773,060

Mission and programs · 2022

Mission

TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE.

Activities or mission (Part I)

SEE SCHEDULE O.TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE.

  • TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE.

    Expenses $512,254 · Grants $474,686 · Revenue $141,914

As filed on the 2022 return.

Listed in Part VII

  • Barbara Orr

    TREASURER

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Scot Warren

    IMMEDIATE PAST NATIONAL PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Carlos Perez

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Russ Finney

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Tracey Edwards

    SECRETARY

    Total calculated
    $124,353
    From this org
    $0
    From related orgs
    $117,456
    Other
    $6,897
    Hours/week
    10 + 40 related

  • Mark Feldman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Joe Dudek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Kathy Mize

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349304180

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