EXCHANGE CLUB OF CHARLESTON FOUNDATION INC (EIN 571024302) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Phone

8437278470

Tax Period

2024-07-01 to 2025-06-30

EXCHANGE CLUB OF CHARLESTON FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $184K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $133K, a strong 73% operating margin.

Mission

TO PROVIDE FUNDS TO LEGITIMATE CHARITABLE CAUSES FOR THE BETTERMENT AND IMPROVEMENT OF THE COMMUNITIES AND PEOPLE LOCATED PRIMARILY IN THE COUNTIES OF CHARLESTON, BERKELEY, COLLETON, AND DORCHESTER, SOUTH CAROLINA

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,070

Program Service Revenue $0

Investment Income $135,829

Other Revenue $0

TOTAL REVENUE $183,899

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,350

Other Expenses $50,436

TOTAL EXPENSES $50,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$183,899	$161,155	+0.1%
Expenses	$50,436	$12,059	+3.2%
Net Income	$133,463	$149,096	-0.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE OLSON	President	2.00	Officer Director	$0	$0	$0
CHIP AYDLETTE	Secretary	2.00	Officer Director	$0	$0	$0
STEVE BERLIN	Vice President	0.00	Officer Director	$0	$0	$0
BRANDON COLE	Treasurer	0.00	Officer Director	$0	$0	$0
TONY GIULIANI	Director	0.00	Director	$0	$0	$0
LEGARE CLEMENTS	Director	0.00	Director	$0	$0	$0
FRED WHITTLE	Director	0.00	Director	$0	$0	$0
DONNIE PITTS	Director	0.00	Director	$0	$0	$0
MIKE JERNIGAN	Director	0.00	Director	$0	$0	$0
BUZZ BUSKE	Director	0.00	Director	$0	$0	$0
KEN DOBLER	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
2025	$183,899	$50,436	$1,220,495	$133,463
2024	$161,155	$12,059	$1,087,032	$149,096
2023	$51,888	$11,547	$937,936	$40,341
2022	$76,946	$16,647	$824,886	$60,299
2021	$55,351	$211,570	$909,872	$-156,219

EXCHANGE CLUB OF CHARLESTON FOUNDATION INC