THE EXCHANGE CLUB OF EAST DALLAS F… - Form 990 Financial Data

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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

1948

Legal Domicile

Principal Officer

Tim Webster

Phone

2147041039

Tax Period

2023-01-01 to 2023-12-31

THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC, founded in 1948, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $292K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $133K, a strong 45% operating margin.

Mission

We are a civic club that supports 11 East Dallas schools in need since 1948. We serve our approximately 6,500 kids through a wide variety of programs, including Coats for Kids, Vision Program, computers/ipads, Read Programs and many others, including programs that increase literacy and prevent child abuse.

Program Service Accomplishments

Program 1

Expenses: $106,583 Revenue: $106,583

School Programs - Provide new coats, educational books and magazines, computers, eye glasses, and other essentials in eleven East Dallas Elementary, middle and high school. Benefits approximately...

School Programs - Provide new coats, educational books and magazines, computers, eye glasses, and other essentials in eleven East Dallas Elementary, middle and high school. Benefits approximately 6,500 children.

Program 2

Expenses: $48,750 Revenue: $48,750

Scholarships for graduating Woodrow Wilson High School seniors, selected by their counselors, benefiting about 20 students (five students per year for four years). Raised and contributed the $37,927 in scholarships to graduating seniors going to college. Funds are sent directly to the colleges registrar office to be applied to the students bill.

Program 3

Expenses: $4,139 Revenue: $4,139

The Exchange Club of East Dallas - Other Programs: Flags for Fourth of July Parade - We pass out approximatey 4,500 flag to all children attendees along the parade route. We also sponsor for or...

The Exchange Club of East Dallas - Other Programs: Flags for Fourth of July Parade - We pass out approximatey 4,500 flag to all children attendees along the parade route. We also sponsor for or schools Field Day once a year in the Spring where school children in East Dallas get together and compete in activities. We provide the entry fees and some transportation to and from the event.

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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 $291,785

Program Service Revenue $0

Investment Income $322

Other Revenue $0

TOTAL REVENUE $292,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $159,472

Other Expenses $159,472

TOTAL EXPENSES $159,472

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,107	$311,052	-0.1%
Expenses	$159,472	$202,973	-0.2%
Net Income	$132,635	$108,079	+0.2%

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

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
Shane Hammond	Director	1	Director	$0	$0	$0
Joshua Williams	Director	1	Director	$0	$0	$0
Jeff Benson	Director	1	Director	$0	$0	$0
Jason Stabenow	Director	1	Director	$0	$0	$0
Matt lannon	Director	1	Director	$0	$0	$0
Jon Estes	Director	1	Director	$0	$0	$0
Brian Hall	Secretary	2	Officer	$0	$0	$0
Wilson Schoellkopf	Vice President	3	Officer	$0	$0	$0
Erik Kraft	President	2	Officer	$0	$0	$0
Matt Wood	Past President	1	Officer	$0	$0	$0
Tim Webster	Treasurer	2	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
2024	No data	No data	No data	No data
2023	$292,107	$159,472	$361,202	$132,635
2022	$311,052	$202,973	$228,567	$108,079
2021	$221,034	$215,091	$120,488	$5,943
2020	$215,825	$206,162	$114,545	$9,663

THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC