Exchange Club Center For Family Unity
EIN: 363305404 · Owatonna, MN
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $203K |
| Net Assets | $192K |
Is Exchange Club Center For Family Unity Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Exchange Club Center For Family Unity
Exchange Club Center For Family Unity (EIN: 363305404) is a nonprofit organization based in Owatonna, MN. The organization reported total revenue of $291K and total assets of $400K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exchange Club Center For Family Unity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exchange Club Center For Family Unity is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $203K |
| Surplus / Deficit | +$31K |
| Total Assets | $407K |
| Total Liabilities | $216K |
| Net Assets | $192K |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 53.0% |
| Months of Reserves | 24.1 months |
Financial Health Grade: A
In 2023, Exchange Club Center For Family Unity reported a surplus of $31K with revenue exceeding expenses, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 53.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Exchange Club Center For Family Unity's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +10.3% | -0.3% |
| 2022 | +4.0% | +31.8% | +251.1% |
| 2021 | +43.5% | +8.8% | +272.1% |
| 2020 | +35.2% | -2.5% | +909.1% |
| 2019 | -31.1% | -25.1% | -79.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Exchange Club Center For Family Unity has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Exchange Club Center For Family Unity with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.0%.
Frequently Asked Questions about Exchange Club Center For Family Unity
Is Exchange Club Center For Family Unity a legitimate charity?
Exchange Club Center For Family Unity (EIN: 363305404) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $291K. No red flags identified. Financial health grade: A.
How does Exchange Club Center For Family Unity spend its money?
Exchange Club Center For Family Unity reported $291K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Exchange Club Center For Family Unity tax-deductible?
Exchange Club Center For Family Unity is registered as a tax-exempt nonprofit (EIN: 363305404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Exchange Club Center For Family Unity located?
Exchange Club Center For Family Unity is headquartered in Owatonna, Minnesota and files with the IRS under EIN 363305404.
How many years of IRS 990 filings does Exchange Club Center For Family Unity have?
Exchange Club Center For Family Unity has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $291K in total revenue.
Filing History
IRS 990 filing history for Exchange Club Center For Family Unity showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Exchange Club Center For Family Unity's revenue has grown by 285.6%, moving from $61K to $234K. Total assets increased by 36479.8% over the same period, from $1K to $407K. Total functional expenses rose by 240.9%, from $60K to $203K. In its most recent filing year (2023), Exchange Club Center For Family Unity reported a surplus of $31K, with revenue exceeding expenses. The organization holds $216K in liabilities against $407K in assets (debt-to-asset ratio: 53.0%), resulting in net assets of $192K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $203K | $407K | $216K | — | View 990 |
| 2022 | $233K | $184K | $409K | $247K | — | View 990 |
| 2021 | $224K | $140K | $116K | $4K | — | — |
| 2020 | $156K | $128K | $31K | $4K | — | — |
| 2019 | $116K | $132K | $3K | $4K | — | View 990 |
| 2018 | $168K | $176K | $15K | $3K | — | View 990 |
| 2017 | $213K | $204K | $23K | $3K | — | View 990 |
| 2016 | $154K | $198K | $14K | $3K | — | View 990 |
| 2015 | $181K | $136K | $58K | $3K | — | View 990 |
| 2014 | $64K | $80K | $13K | $3K | — | View 990 |
| 2013 | $77K | $77K | $29K | $3K | — | View 990 |
| 2012 | $91K | $62K | $30K | $3K | — | View 990 |
| 2011 | $61K | $60K | $1K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $203K, and assets of $407K (revenue +0.3% year-over-year).
- 2022: Revenue of $233K, expenses of $184K, and assets of $409K (revenue +4.0% year-over-year).
- 2021: Revenue of $224K, expenses of $140K, and assets of $116K (revenue +43.5% year-over-year).
- 2020: Revenue of $156K, expenses of $128K, and assets of $31K (revenue +35.2% year-over-year).
- 2019: Revenue of $116K, expenses of $132K, and assets of $3K (revenue -31.1% year-over-year).
- 2018: Revenue of $168K, expenses of $176K, and assets of $15K (revenue -21.2% year-over-year).
- 2017: Revenue of $213K, expenses of $204K, and assets of $23K (revenue +38.3% year-over-year).
- 2016: Revenue of $154K, expenses of $198K, and assets of $14K (revenue -15.0% year-over-year).
- 2015: Revenue of $181K, expenses of $136K, and assets of $58K (revenue +181.2% year-over-year).
- 2014: Revenue of $64K, expenses of $80K, and assets of $13K (revenue -16.0% year-over-year).
- 2013: Revenue of $77K, expenses of $77K, and assets of $29K (revenue -15.4% year-over-year).
- 2012: Revenue of $91K, expenses of $62K, and assets of $30K (revenue +49.3% year-over-year).
- 2011: Revenue of $61K, expenses of $60K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exchange Club Center For Family Unity:
Data Sources and Methodology
This transparency report for Exchange Club Center For Family Unity is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.