Exchange For Change
- Assets
- $187.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 47-1315317
Organization Overview
Exchange For Change is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exchange For Change is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Exchange For Change generated $161.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $164.4k 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
THE ORGANIZATION TEACHES WRITING IN CORRECTIONAL AND COURT-MANDATED FACILITIES, AND OPERATES ANONYMOUS WRITTEN EXCHANGES BETWEEN INCARCERATED STUDENTS AND WRITERS IN HIGH SCHOOL AND UNIVERSITY CLASSROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathie Klarreich Executive Di | 40 | $52,750 | |
Wendy Hinshaw President | 0 | $0 | |
Shara Pelz Vice Preside | 0 | $0 | |
Felecia Theune Secretary | 0 | $0 | |
Robert Hill Treasurer | 0 | $0 | |
Miriam Haskell Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,056 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $121,542 |
| Professional fees and other payments to independent contractors | $20,525 |
| Occupancy, rent, utilities, and maintenance | $8,300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,046 |
| Total expenses | $164,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,064 |
| Other assets | $0 |
| Total assets | $187,476 |
| Total liabilities | $2,111 |
| Net assets or fund balances | $185,365 |