EXCHANGE CLUB FAIR OF CHARLESTON INC

EIN: 570399574

LADSON, SC

Total Revenue
$6,027,061
Total Expenses
$4,838,199
Total Assets
$16,231,911
Net Assets
$14,870,193
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
SC
Principal Officer
KEITH STANSELL
Phone
8435723161
Tax Period
2024-01-01 to 2024-12-31

EXCHANGE CLUB FAIR OF CHARLESTON INC, founded in 1956, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $1.2M, a strong 20% operating margin.

Mission

AGRICULTURAL FAIR

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,711,818
Investment Income $287,505
Other Revenue $27,738
TOTAL REVENUE $6,027,061

Expense Breakdown

Grants Paid $313,500
Salaries & Benefits $688,211
Fundraising Expenses $0
Program Expenses $2,804,179
Other Expenses $3,836,488
TOTAL EXPENSES $4,838,199

Year-over-Year Comparison

2024 2023 Change
Revenue $6,027,061 $6,778,841 -0.1%
Expenses $4,838,199 $4,764,193 +0.0%
Net Income $1,188,862 $2,014,648 -0.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
12
Volunteers
200

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED WHITTLE PRESIDENT 0.00
Officer Director
$0 $0 $0
ART BEANE DIRECTOR 0.00
Director
$0 $0 $0
KEITH STANSELL TREASURER 0.00
Officer Director
$0 $0 $0
WILLIAM SCHUPP JR SECRETARY 0.00
Officer Director
$0 $0 $0
BARRY EMERSON DIRECTOR 0.00
Director
$0 $0 $0
RONALD BUSKE 1ST VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ROBERT HOLDER DIRECTOR 0.00
Director
$0 $0 $0
GASPER MARINO 2ND VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
DONNIE PITTS DIRECTOR 0.00
Director
$0 $0 $0
DAVID ENGELMAN DIRECTOR 0.00
Director
$0 $0 $0
GEORGE AIMAR DIRECTOR 0.00
Director
$0 $0 $0
TYLER BERGIN DIRECTOR 0.00
Director
$0 $0 $0
KEN DOBLER DIRECTOR 0.00
Director
$0 $0 $0
DAN ISGETT DIRECTOR 0.00
Director
$0 $0 $0
JOSEPH WALLACE DIRECTOR 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,027,061 $4,838,199 $16,231,911 $1,188,862
2023 $6,778,841 $4,764,193 $15,339,411 $2,014,648
2022 $5,585,606 $4,020,924 $13,538,068 $1,564,682
2021 $4,582,927 $3,444,105 $12,406,570 $1,138,822
2020 $492,312 $2,053,236 $11,512,662 $-1,560,924
2019 $4,539,308 $3,560,765 $13,370,081 $978,543
2018 $4,168,557 $3,306,780 $12,218,868 $861,777
2017 $3,669,166 $3,329,076 $8,931,422 $340,090
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