Nonprofit · EIN 82-2639210
THE 501 EXCHANGE CO
Tax-exempt · WATKINSVILLE, GA 30677
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $79,176 | $93,078 | -$13,902 | $138,581 | $35,612 | $102,969 |
| December 31, 2023 | 990 | $116,780 | $151,282 | -$34,502 | $144,221 | $1,476 | $142,745 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $79,176
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $52,500
- Salaries, compensation and benefits (total)
- $55,378
- Professional fundraising fees
- $0
- Accounting fees
- $3,550
- Travel
- $118
- Depreciation
- $8,391
- Program services (functional)
- $8,391
- Management and general (functional)
- $78,118
- Fundraising (functional)
- $6,569
Balance sheet and other
- Total assets, start of year
- $144,221
- Total assets, end of year
- $138,581
- Total liabilities, end of year
- $35,612
- Net assets, end of year
- $102,969
- Land, buildings and equipment
- $27,034
- Net assets without donor restrictions
- $102,969
- Gross receipts
- $79,176
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Smith | President Trustee or director, Officer | 5 | $0 |
| Cecilia Haag | Treasurer Trustee or director | 1 | $0 |
| Jason Tyne | Board Member Trustee or director | 1 | $0 |
| Adam C Kersh | Vice President Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cecilia Haag | Treasurer Trustee or director | 1 | $0 |
| Jason Tyne | Board Member Trustee or director | 1 | $0 |
| Paul Smith | President Trustee or director, Officer | 5 | $0 |
| Adam C Kersh | Vice President Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2114 HODGES MILL RD, WATKINSVILLE, GA 30677-7517
- In care of
- % PAUL SMITH
- Mailing address (990-N for 2019)
- 4615 LAMBTON CIRCLE, SUWANEE GA 30024
- Principal officer (990-N for 2019)
- Paul Taylor Smith, 4615 LAMBTON CIRCLE, SUWANEE GA 30024
- Signed the 990
- PAUL SMITH, President
- Phone
- (912) 657-5946
- Return prepared by
- Christine Hinton CPA LLC
Mission
The Organization curates content, culture, and events for the purpose of helping set others free spiritually, mentally, emotionally, financially, relationally, and physically.
Program accomplishments
- The Organization via 310 Malachi, Tanzania Welfare Development Organization, provided the following. 12 Acres for Farming in Tanzania, 10 Acres of onion production, 2 Acres of Tomato Production, Equiment, and Fruit Trees.Expenses $8,391
- The organization invests in individuals providing them with the opportunity to get free via rehibilitaion, community groups, and hardship assistance.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2639210
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $138,581
- Income (IRS master file)
- $79,176
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $79,176 | $93,078 | $138,581 | XML |
| 990 | December 2023 | $116,780 | $151,282 | $144,221 | XML |
| 990 | December 2022 | $148,929 | $214,349 | $222,691 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Paul Taylor Smith | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-2639210).
Questions about THE 501 EXCHANGE CO
- What is the EIN of THE 501 EXCHANGE CO?
- The employer identification number (EIN) of THE 501 EXCHANGE CO is 82-2639210.
- Is THE 501 EXCHANGE CO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to THE 501 EXCHANGE CO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE 501 EXCHANGE CO 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 THE 501 EXCHANGE CO 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 THE 501 EXCHANGE CO 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 THE 501 EXCHANGE CO?
- The 990-N for 2019 names Paul Taylor Smith.
- Who are the officers and directors of THE 501 EXCHANGE CO?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE 501 EXCHANGE CO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $79,176, expenses of $93,078 and total assets of $138,581 at year end.
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