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Nonprofit · EIN 75-2437269

THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC

Tax-exempt · DALLAS, TX 75372

Financials

$292K$159K2023$369K$277K2024
Revenue Expenses · by fiscal year end
Financials of THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$369,179$276,779$92,400$453,602$0$453,602
December 31, 2023990$292,107$159,472$132,635$361,202$0$361,202
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$362,747
Program service revenue
$0
Investment income
$6,432
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$276,779

Balance sheet and other

Total assets, start of year
$361,202
Total assets, end of year
$453,602
Total liabilities, end of year
$0
Net assets, end of year
$453,602
Net assets without donor restrictions
$453,602
Gross receipts
$369,179
Employees
0
Volunteers
76
Year formed
1948
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
Matt lannonDirector
Trustee or director
1$0
Jeff BensonDirector
Trustee or director
1$0
Shane HammondDirector
Trustee or director
1$0
Steve WalkerDirector
Trustee or director
1$0
Jhubin MoghaddamfarDirector
Trustee or director
1$0
OpenDirector
Trustee or director
0$0
Wilson SchoellkopfPresident
Officer
3$0
Brian HallVice President
Officer
3$0
Jason StabenowSecretary
Officer
2$0
Tim WebsterTreasurer
Officer
3$0
Eric KraftPast President
Officer
0.5$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Shane HammondDirector
Trustee or director
1$0
Joshua WilliamsDirector
Trustee or director
1$0
Jeff BensonDirector
Trustee or director
1$0
Jason StabenowDirector
Trustee or director
1$0
Matt lannonDirector
Trustee or director
1$0
Jon EstesDirector
Trustee or director
1$0
Brian HallSecretary
Officer
2$0
Wilson SchoellkopfVice President
Officer
3$0
Erik KraftPresident
Officer
2$0
Matt WoodPast President
Officer
1$0
Tim WebsterTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
PO BOX 720297, DALLAS, TX 75372-0297
Principal officer (990 for 2024)
Exchange Club of East Dallas Foundation, PO Box 720297, Dallas, TX 75372
Signed the 990
Tim Webster, Treasurer
Phone
(214) 704-1039

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $183,596 · revenue $183,596
  • 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 $87,367 in scholarships to graduating seniors going to college. Funds are sent directly to the colleges registrar office to be applied to the student's bill.
    Expenses $87,367 · revenue $87,367
  • 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.
    Expenses $5,816 · revenue $5,816

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 on file

IRS record

EIN
75-2437269
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$453,602
Income (IRS master file)
$369,179

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$369,179$276,779$453,602IRS
990December 2023$292,107$159,472$361,202XML
990December 2022$311,052$202,973$228,567IRS
990December 2021–––IRS
990December 2020–––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 75-2437269).

Questions about THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC

What is the EIN of THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC?
The employer identification number (EIN) of THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC is 75-2437269.
Is THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC 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 EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC 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 EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC 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 EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Exchange Club of East Dallas Foundation.
Who are the officers and directors of THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does THE EXCHANGE CLUB OF EAST DALLAS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $369,179, expenses of $276,779 and total assets of $453,602 at year end.

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