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Nonprofit · EIN 23-7006922

NATIONAL EXCHANGE CLUB

Also known as 2157 FORT WORTH TX

Tax-exempt · FORT WORTH, TX 76132

Financials

$129K$187K2023$279K$243K2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL EXCHANGE CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$278,826$242,697$36,129$56,247$0$56,247
December 31, 2023990-EZ$129,075$186,886-$57,811$20,118–$20,118
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$278,826
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,000
Program services (functional)
$185,907
Management and general (functional)
$56,790

Balance sheet and other

Total assets, start of year
$20,118
Total assets, end of year
$56,247
Total liabilities, end of year
$0
Net assets, end of year
$56,247
Net assets without donor restrictions
$56,247
Gross receipts
$278,826
Employees
0
Volunteers
8
Year formed
1927
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RALPH H DUGGINSChairman
Trustee or director, Officer
10$0
JR WILLIAMSPresident
Trustee or director, Officer
10$0
GLEN WHITLEY1ST VP
Trustee or director, Officer
1$0
MARK THOMAS2ND VP
Trustee or director, Officer
1$0
KELLY THOMPSONTreasurer
Trustee or director, Officer
1$0
ROBERT GINSBURGSecretary
Trustee or director, Officer
5$0
SHANE BURTONADMINISTRATOR
Trustee or director, Officer
1$0
GREG BIRD3RD VP
Trustee or director, Officer
1$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
RALPH H DUGGINSChairman10$0
JR WILLIAMSPresident10$0
GLEN WHITLEY1ST VP1$0
MARK THOMAS2ND VP1$0
KELLY THOMPSONTreasurer1$0
ROBERT GINSBURGSecretary10$0
SHANE BURTONADMINISTRATOR1$0

Address and contacts

Address (IRS master file)
6801 BRIARWOOD DR, FORT WORTH, TX 76132-3014
In care of
% JANET CULBERTSON
Principal officer (990 for 2024)
JR WILLIAMS, 6801 BRIARWOOD DRIVE, FORT WORTH, TX 76132
Signed the 990
KELLY THOMPSON, Treasurer
Phone
(817) 480-1060
Return prepared by
Sutton Frost Cary LLP

Mission

The Exchange Club of Fort Worth was organized to provide broad community services, fellowship, exchange of ideas, and intermingling among its members.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION HOLDS VARIOUS ACTIVITIES PROMOTING SOCIAL WELFARE IN THE COMMUNITY INCLUDING FUNDRAISING FOR THE GOODFELLOW FUND, AN ORGANIZATION WHICH DISTRIBUTES CHRISTMAS GIFTS TO NEEDY CHILDREN. FUNDRAISING INCLUDES AN ANNUAL LUNCHEON WHERE DONATIONS ARE MADE DIRECTLY TO THE GOODFELLOW FUND. BECAUSE THESE DONATIONS GO DIRECTLY TO THE GOODFELLOW FUND, THEY ARE NOT INCLUDED IN THE RECEIPTS AND PROGRAM EXPENSES SHOWN ON PAGE ONE OF THIS FORM 990.
    Expenses $185,907 · revenue $278,826

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
23-7006922
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1950
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$56,247
Income (IRS master file)
$278,826

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$278,826$242,697$56,247XML
990-EZDecember 2023$129,075$186,886$20,118XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7006922).

Questions about NATIONAL EXCHANGE CLUB

What is the EIN of NATIONAL EXCHANGE CLUB?
The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 23-7006922.
Is NATIONAL EXCHANGE CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1950.
Are donations to NATIONAL EXCHANGE CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATIONAL EXCHANGE CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL EXCHANGE CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL EXCHANGE CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NATIONAL EXCHANGE CLUB?
The 990 for the year ended December 31, 2024 names JR WILLIAMS.
Who are the officers and directors of NATIONAL EXCHANGE CLUB?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does NATIONAL EXCHANGE CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $278,826, expenses of $242,697 and total assets of $56,247 at year end.

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