Exchange For Change
- Assets
- $190.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2014
- Data as of
- 12/2021
- 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 12/2021, Exchange For Change generated $146.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $138.8k during the year ending 12/2021. 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
2021
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 | $50,012 | |
Tom Beekman Chair | 0 | $0 | |
Shara Pelz Vice Preside | 0 | $0 | |
Adina Sanchez-Garcia Secretary | 0 | $0 | |
Claudia Avendano Board Member | 0 | $0 | |
Robert Hill Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,682 |
| 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 | $146,682 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $106,204 |
| Professional fees and other payments to independent contractors | $17,750 |
| Occupancy, rent, utilities, and maintenance | $6,929 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,884 |
| Total expenses | $138,767 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,060 |
| Other assets | $0 |
| Total assets | $190,596 |
| Total liabilities | $1,874 |
| Net assets or fund balances | $188,722 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Exchange For Change has recieved totaling $202.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Project Access Foundation Inc Miami, FL | $8,531,083 | $32,893,719 |
Early Learning Coalition Of Floridas Heartland Inc Port Charlotte, FL | $2,212,537 | $18,405,437 |
Early Learning Coalition Of Okaloosa And Walton Counties Inc Shalimar, FL | $1,559,642 | $16,151,395 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Usf Financing Corporation Tampa, FL | $387,045,696 | $13,998,407 |
Drs Kiran & Pallavi Patel 2017 Foundation For Global Understandin Tampa, FL | $0 | -$8,161,100 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
White Hall Enrichment Advancement Team Hayneville, AL | $52,157 | $11,823,582 |
A Gift For Teaching Inc Orlando, FL | $5,328,629 | $9,022,570 |
Ninja Academy Incorporated Hollywood, FL | $2,893,530 | $10,861,940 |
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |