7 X 24 Exchange International
- Assets
- $55.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-3116965
Organization Overview
7 X 24 Exchange International is located in Cypress, TX. The organization was established in 2011. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 7 X 24 Exchange International is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, 7 X 24 Exchange International generated $60.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $51.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A CRAWFISH BOIL AND RAFFLE WERE HELD TO RAISE MONEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordan Kellerman Vice President | 1 | $0 | |
Jack Kolar President | 1 | $0 | |
Sarah Emich Secretary | 1 | $0 | |
Jackie Paiserbowicz Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,125 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,925 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,619 |
| Total expenses | $51,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,356 |
| Other assets | $0 |
| Total assets | $55,356 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,356 |