Exchange Ministries
- Assets
- $114.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monument, CO
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-3807141
Organization Overview
Exchange Ministries is located in Monument, CO. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exchange Ministries 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 12/2023, Exchange Ministries generated $174.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $114.5k during the year ending 12/2023. While expenses have increased by 18.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrin Scott Wilson President | 40 | $55,307 | |
David Urban Secretary | 0 | $0 | |
Jackie Swanson Board Member | 0 | $0 | |
Tony Mathison Board Member | 0 | $0 | |
Joe Pelli Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $174,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4 |
| Other Revenue | $0 |
| Total Revenue | $174,392 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,463 |
| Professional fees and other payments to independent contractors | $643 |
| Occupancy, rent, utilities, and maintenance | $3,225 |
| Printing, publications, postage, and shipping | $723 |
| Other expenses | $14,474 |
| Total expenses | $114,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,008 |
| Other assets | $0 |
| Total assets | $114,008 |
| Total liabilities | $0 |
| Net assets or fund balances | $114,008 |