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Nonprofiteer
← NATIONAL EXCHANGE CLUB FOUNDATION INC

Form 990 for tax year 2024

Filed by NATIONAL EXCHANGE CLUB FOUNDATION INC.

Totals

Total revenue
$774,368
Total expenses
$850,452
Contributions and grants received
$558,154
Grants paid
$464,501
Program service revenue
$126,455
Investment income
$47,536
Other revenue
$42,223
Total assets, end of year
$1,245,935
Total liabilities, end of year
$173,677
Net assets or fund balances, end of year
$1,072,258
Program services expenses (Part IX)
$549,777
Management and general expenses
$208,283
Fundraising expenses
$92,392
Program service expenses (Part III)
$549,777

Program services were 64.6% 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

    $800

  • 1f · All other contributions, gifts and grants

    $557,354

  • 2a · Program service revenue: DUES SUPPLEMENT

    total $126,455 · related or exempt $126,455

  • 3 · Investment income

    total $36,444 · excluded $36,444

  • 7a · Gross sales of assets other than inventory

    securities $104,378

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

    securities $93,286

  • 7c · Gain or loss

    securities $11,092

  • 7d · Net gain or loss

    total $11,092 · excluded $11,092

  • 8a · Fundraising events: gross income

    $41,370

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

    $800

  • 8b · Fundraising events: direct expenses

    $6,801

  • 8c · Net income from fundraising events

    total $34,569 · excluded $34,569

  • 9a · Gaming: gross income

    $13,580

  • 9b · Gaming: direct expenses

    $5,926

  • 9c · Net income from gaming

    total $7,654 · related or exempt $7,654

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $419,651 · program services $419,651

  • 2 · Grants to domestic individuals

    total $44,850 · program services $44,850

  • 7 · Other salaries and wages

    total $38,546 · management and general $19,173 · fundraising $19,373

  • 9 · Other employee benefits

    total $8,703 · management and general $4,352 · fundraising $4,351

  • 10 · Payroll taxes

    total $2,739 · management and general $1,370 · fundraising $1,369

  • 11a · Fees: management

    total $146,122 · management and general $146,122

  • 11c · Fees: accounting

    total $19,950 · management and general $19,950

  • 11g · Fees: other

    total $1,551 · management and general $1,551

  • 12 · Advertising and promotion

    total $1,483 · management and general $1,483

  • 13 · Office expenses

    total $14,697 · program services $2,690 · management and general $2,050 · fundraising $9,957

  • 14 · Information technology

    total $2,605 · fundraising $2,605

  • 17 · Travel

    total $10,689 · management and general $10,689

  • 19 · Conferences, conventions and meetings

    total $69,290 · program services $43,930 · fundraising $25,360

  • 20 · Interest

    total $1,303 · management and general $1,303

  • 24a · Other expenses: AWARDS & RECOGNITION

    total $30,772 · program services $22,372 · fundraising $8,400

  • 24b · Other expenses: YOUTH EXPENSE

    total $13,495 · program services $13,495

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $12,167 · fundraising $12,167

  • 24d · Other expenses: PREVENTION SERVICES

    total $2,789 · program services $2,789

  • 24e · All other expenses

    total $9,050 · management and general $240 · fundraising $8,810

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,412 · end of year $57,505

  • 2 · Savings and temporary cash investments

    beginning of year $94,180 · end of year $41,698

  • 3 · Pledges and grants receivable

    end of year $1,099

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,474 · end of year $6,982

  • 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 $502,382 · end of year $573,262

  • 12 · Investments: other securities

    beginning of year $513,490 · end of year $500,262

  • 15 · Other assets

    beginning of year $63,581 · end of year $65,127

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,330 · end of year $62,470

  • 19 · Deferred revenue

    end of year $1,520

  • 23 · Secured mortgages and notes payable

    beginning of year $47,950 · end of year $46,685

  • 25 · Other liabilities

    beginning of year $53,530 · end of year $63,002

  • 27 · Net assets without donor restrictions

    beginning of year $326,649 · end of year $288,198

  • 28 · Net assets with donor restrictions

    beginning of year $764,060 · end of year $784,060

Mission and programs · 2024

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 $549,777 · Grants $464,501 · Revenue $134,109

As filed on the 2024 return.

Listed in Part VII

  • Carlos Perez

    IMMEDIATE PAST NATIONAL PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Russ Finney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Tracey Edwards

    SECRETARY

    Total calculated
    $127,336
    From this org
    $0
    From related orgs
    $120,753
    Other
    $6,583
    Hours/week
    10 + 40 related

  • Kathy Mize

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Ken Sullivan

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Doug Earle

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Denise Strub

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • David Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 10 related

  • Vickie Ketchie

    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
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533149349302623

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

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