National Exchange Club 2090 Summerville Sc

Nonprofit profile at a glance

EIN
576027100
IRS 990-EZ coverage
2013–2014
Forms available
Form 990-EZ 2014
Location
Summerville, SC, USA
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$74,037
Expenses
$99,170
Assets
$272,437
Liabilities
$106,943

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Mike Hess (Vice President)
  • Webb Charpia (President)

People named in this filing

  • Jonathan Patterson (Treasurer)
  • Mike Hess (Vice President)
  • Webb Charpia (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

2.The Summerville Exchange Club Fundraises in three ways. First, they sell reserved seat tickets for Football games at the Summerville High School Stadium, which they built in the late 1940's. They also sell advertising on the video board that they constructed in the stadium. This money goes for capital projects in support of Summerville Football and other athletic programs. It has been used to purchase athletic busses, pay for the video board, and send the football team to camp over the years along with several other projects. 80%The Summerville Exchange Clubs other fundraising involves raising money for the "Dorchester Children's Center." This 501 (c) (3) organization works with those children who have been abused in our local area. The Exchange Club holds a golf tournament each year to raise these funds, and has made a commitment to fund a $6,000 grant for a period of five years. That period ended several years ago, but the club decided to make this an on going commitment. 20%

What it reported doing in 2014

Summerville Exchange Club Fundraises in three ways. First, they sell reserved seat tickets for Football games at the Summerville High School Stadium, which they built in the late 1940's. They also sell advertising on the video board that they constructed in the stadium. This money goes for capital projects in support of Summerville Football and other athletic programs. It has been used to purchase athletic busses, pay for the video board, and send the football team to camp over the years along with several other projects. 80%The Summerville Exchange Clubs other fundraising involves raising money for the "Dorchester Children's Center." This 501 (c) (3) organization works with those children who have been abused in our local area. The Exchange Club holds a golf tournament each year to raise these funds, and has made a commitment to fund a $6,000 grant for a period of five years. That period ended several years ago, but the club decided to make this an on going commitment. 20%

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 33
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.7%; rating input score 37
  • Program expense ratio: 27.4%; rating input score 27

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -33.9%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 16.5% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: -12% per year; rating input score 0; 28th percentile among comparable filings
  • Asset growth: -17.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 36.7% of revenue deployed · 27.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $27K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2013 to 2014
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.