THE EXCHANGE CLUB OF ALBANY INC (EIN 586044348) - 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

1940

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

THE EXCHANGE CLUB OF ALBANY INC, founded in 1940, is a small nonprofit that reported $102K in total revenue in fiscal year 2023.

Mission

THE CLUB IS A CIVIC ORGANIZATION FORMED TO IMPROVE OUR COMMUNITY AND HELP PEOPLE IN NEEDTHROUGH VARIOUS NATIONAL AND LOCAL PROGRAMS

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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 (2023)

Revenue Breakdown

Contributions & Grants $58,746

Program Service Revenue $0

Investment Income $774

Other Revenue $42,494

TOTAL REVENUE $102,014

Expense Breakdown

Grants Paid $37,166

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,533

Other Expenses $72,386

TOTAL EXPENSES $109,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$102,014	$98,742	+0.0%
Expenses	$109,552	$102,001	+0.1%
Net Income	$-7,538	$-3,259	+1.3%

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

Employees

N/A

Volunteers

160

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	Role	Reportable Comp	Other Comp	Total
MIKE TRULL	DIRECTOR	Director	$0	$0	$0
CLAUD HARROLD	DIRECTOR	Director	$0	$0	$0
TERRY BRUMBLEY	DIRECTOR	Director	$0	$0	$0
SCOTT WOOD	DIRECTOR	Director	$0	$0	$0
KELLY MELVIN	DIRECTOR	Director	$0	$0	$0
STEVE HURLEY	DIRECTOR	Director	$0	$0	$0
STEVE PERRINE	IMMEDIATE PAST PRESIDENT	Officer	$0	$0	$0
PEARCE LONG	VICE PRESIDENT	Officer	$0	$0	$0
DAN BREWER	PRESIDENT ELECT	Officer	$0	$0	$0
TERRY MCKAY	PRESIDENT	Officer	$0	$0	$0
RAY HINMAN	TREASURY	Officer	$0	$0	$0
CODY JOLLEY	SECRETARY	Officer	$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	No data	No data	No data	No data
2024	$102,014	$109,552	$96,580	$-7,538
2023	$98,742	$102,001	$104,118	$-3,259
2022	$112,172	$98,891	$107,377	$13,281
2021	$113,150	$71,687	$94,096	$41,463
2020	$71,934	$54,859	$52,633	$17,075
2019	$87,242	$99,551	$35,558	$-12,309

THE EXCHANGE CLUB OF ALBANY INC