NATIONAL EXCHANGE CLUB 1145 EXCHANGE CLUB OF NEWPORT HARBOR (EIN 956051392) - 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

1950

Legal Domicile

Principal Officer

RICHARD SWINNEY

Phone

9498876768

Tax Period

2024-07-01 to 2025-06-30

NATIONAL EXCHANGE CLUB 1145 EXCHANGE CLUB OF NEWPORT HARBOR, founded in 1950, is a small nonprofit that reported $346K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64K, a strong 19% operating margin.

Mission

TO SERVICE THOSE IN OUR AREA OF INFLUENCE BY PROVIDING GRANTS AND OTHER DONATIONS TO ORGANIZATIONS FOCUSED ON CHILD ABUSE PREVENTION (SPECIFICALLY BUT NOT LIMITED TO THE PRIORITY CENTER), SUPPORTING MILITARY SERVICEMEMBERS AND THEIR FAMILIES, FIRST RESPONDERS, AND YOUTH PROGRAMS, AND PROVIDING SCHOLARSHIPS TO HIGH SCHOOL STUDENTS WHO HAVE CHOSEN TO FURTHER THEIR EDUCATION.

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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 $128,184

Program Service Revenue $0

Investment Income $217,712

Other Revenue $0

TOTAL REVENUE $345,896

Expense Breakdown

Grants Paid $171,798

Salaries & Benefits $2,707

Fundraising Expenses $0

Program Expenses $235,983

Other Expenses $107,238

TOTAL EXPENSES $281,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,896	$279,909	+0.2%
Expenses	$281,743	$217,496	+0.3%
Net Income	$64,153	$62,413	+0.0%

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

$2,707

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SCHAPIRO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL NEWCOMB	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CALL	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA STRASMANN	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY LASHMETT	DIRECTOR	1.00	Director	$0	$0	$0
LAURETTA STANSFIELD	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ROSS STEWART	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD SWINNEY	SECRETARY/TREASURER	20.00	Officer	$2,707	$0	$2,707
DUANE MITCHELL	VICE PRESIDENT PROGRAMS	6.00	Officer	$0	$0	$0
ROY SHLEMON	PRESIDENT	20.00	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	$345,896	$281,743	$1,534,145	$64,153
2024	$279,909	$217,496	$1,469,992	$62,413
2023	$146,014	$197,670	$1,347,151	$-51,656
2022	$87,892	$230,617	$1,314,496	$-142,725
2021	$137,355	$141,449	$1,587,007	$-4,094
2020	$220,878	$166,280	$1,402,951	$54,598
2019	$224,567	$206,594	$1,378,929	$17,973

NATIONAL EXCHANGE CLUB 1145 EXCHANGE CLUB OF NEWPORT HARBOR