Skip to content
Nonprofiteer
← AUGUSTA EXCHANGE CLUB CHARITY FUND INC

Form 990 for tax year 2024

Filed by AUGUSTA EXCHANGE CLUB CHARITY FUND INC.

Totals

Total revenue
$119,467
Total expenses
$100,816
Contributions and grants received
$10,600
Grants paid
$100,000
Program service revenue
$0
Investment income
$108,867
Other revenue
$0
Total assets, end of year
$1,901,973
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,901,973
Program services expenses (Part IX)
$100,000
Management and general expenses
$816
Fundraising expenses
$0
Program service expenses (Part III)
$100,000

Program services were 99.2% 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

    $10,600

  • 3 · Investment income

    total $37,763 · excluded $37,763

  • 7a · Gross sales of assets other than inventory

    securities $22,943 · other assets $71,104

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

    securities $22,943 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $71,104

  • 7d · Net gain or loss

    total $71,104 · related or exempt $71,104

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 13 · Office expenses

    total $792 · management and general $792

  • 24a · Other expenses: BANK SERVICE CHARGES

    total $24 · management and general $24

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,884 · end of year $33,668

  • 2 · Savings and temporary cash investments

    beginning of year $276,444 · end of year $214,977

  • 11 · Investments: publicly traded securities

    beginning of year $1,535,016 · end of year $1,653,328

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,835,344 · end of year $1,901,973

Mission and programs · 2024

Mission

TO INVEST CONTRIBUTIONS RECEIVED AND TO MAKE DONATIONS TO OTHER 501(C)(3) CHARITABLE ORGANIZATIONS, ESPECIALLY THOSE WITH PROGRAMS FOR THE PREVENTION OF CHILD ABUSE.

Activities or mission (Part I)

TO INVEST CONTRIBUTIONS RECEIVED AND TO MAKE DONATIONS TO OTHER 501(C)(3) ORGANIZATIONS.

  • 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.

    Expenses $100,000 · Grants $100,000

As filed on the 2024 return.

Listed in Part VII

  • Remer Brinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marc Wilson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Dennis Trotter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Tudor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lee Pollard

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Jim Leibach

    DIRECTOR

    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

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
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202503039349300420

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

The source document this was parsed from is served over the API, which is where bulk and document access live.