Resource Exchange Inc is located in Colorado Springs, CO. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Resource Exchange Inc employed 458 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resource Exchange Inc 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 06/2021, Resource Exchange Inc generated $26.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $23.0m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATING FOR INDEPENDENCE AND INCLUSION, TRE PARTNERS WITH CHILDREN AND ADULTS WHO HAVE A VARIETY OF DISABILITIES, DELAYS, MENTAL HEALTH OR LONG-TERM CARE NEEDS. WE DO THIS USING A PERSON-CENTERED APPROACH IN COORDINATING CARE, PROMOTING CHOICES, AND COLLABORATING WITH COMMUNITY PARTNERS.
Describe the Organization's Program Activity:
EARLY INTERVENTION (EI) PROVIDES DEVELOPMENTAL SUPPORTS AND SERVICES TO CHILDREN BIRTH TO 3 YEARS OF AGE WHO HAVE A SIGNIFICANT DEVELOPMENTAL DELAY AND THEIR FAMILIES. TRE PROVIDES SERVICES SUCH AS SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY, DEVELOPMENTAL INTERVENTION, VISION AND AUDIOLOGICAL SERVICES AND PSYCHOLOGICAL/SOCIAL EMOTIONAL SERVICES. SERVICES ARE PROVIDED AT NO COST TO FAMILIES. MORE THAN 30% OF CHILDREN RECEIVING SERVICES THROUGH THIS PROGRAM WILL GRADUATE AND NOT REQUIRE ADDITIONAL SPECIAL SUPPORTS FOR THE REST OF THEIR LIVES. EARLY CHILDHOOD SERVICES EXPANSION PROVIDES A VARIETY OF EARLY CHILDHOOD MENTAL HEALTH (ECMH) SUPPORTS AND SERVICES TO BUILD STRONG SOCIAL EMOTIONAL DEVELOPMENT IN YOUNG CHILDREN 0-8 YEARS OF AGE AND ENHANCE THE CAPACITY OF PARENTS AND OTHER CAREGIVERS TO EFFECTIVELY SUPPORT THEIR CHILDRENS DEVELOPMENT. ECMH FOCUSES ON TIERED SUPPORTS TO ADDRESS PROMOTION OF SOCIAL EMOTIONAL DEVELOPMENT, PREVENTION OF RISK FACTORS FOR BEHAVIOR AND SOCIAL EMOTIONAL CHALLENGES, AND INTERVENTION FOR CHILDREN ALREADY EXPERIENCING CHALLENGES AND THEIR FAMILIES. ECMH SERVED MORE THAN 1,836 CHILDREN AND CAREGIVERS IN FY21.
SUPPORTED LIVING SERVICES IS A PROGRAM FOR ADULTS WITH DEVELOPMENTAL DISABILITIES THAT ENABLE A PERSON TO REMAIN IN CONTROL OF HIS OR HER OWN LIVING ARRANGEMENTS AND BE INCLUDED IN THEIR COMMUNITY. THE PARTICIPANT CHOOSES WHERE THEY LIVE, WORK, AND PLAY, WHO SUPPORTS THEM AND WHAT TYPE OF SUPPORTS THEY NEED. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 972.
SERVICE COORDINATION, OR CASE MANAGEMENT AS IT IS COMMONLY CALLED, IS AN INDIVIDUALLY CENTERED, FAMILY AND COMMUNITY-FOCUSED SERVICE IN WHICH PROGRAMS AND RESOURCES ARE COORDINATED TO ENHANCE PEOPLES LIVES AND BUILD INDEPENDENCE. SERVICE COORDINATORS NAVIGATE AN ARRAY OF SUPPORTS THAT ARE AVAILABLE FOR INDIVIDUALS, HOW TO BECOME ELIGIBLE, AND HOW TO REQUEST AND ACCESS SERVICES. THE GOAL OF SERVICE COORDINATION IS TO ASSURE THAT NECESSARY SERVICES ARE PROVIDED EFFECTIVELY AND EFFICIENTLY THROUGH ESTABLISHING MEANINGFUL RELATIONSHIPS WITH EACH INDIVIDUAL, THEIR FAMILY, AND THE COMMUNITY IN WHICH THEY LIVE, WORK, AND PLAY. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 7,233.
CHILDRENS EXTENSIVE SUPPORT INTENDED TO PROVIDE NEEDED SERVICES AND SUPPORTS TO ELIGIBLE CHILDREN UNDER THE AGE OF EIGHTEEN YEARS IN ORDER FOR THE CHILDREN TO REMAIN IN OR RETURN TO THE FAMILY HOME. SERVICES ARE TARGETED TO CHILDREN HAVING EXTENSIVE SUPPORT NEEDS, WHICH REQUIRE CONSTANT LINE-OF-SIGHT SUPERVISION DUE TO SIGNIFICANTLY CHALLENGING BEHAVIORS AND/OR COEXISTING MEDICAL CONDITIONS. AVAILABLE SERVICES INCLUDE PERSONAL ASSISTANCE, HOUSEHOLD MODIFICATION, SPECIALIZED MEDICAL EQUIPMENT AND SUPPLIES, PROFESSIONAL SERVICES AND COMMUNITY CONNECTION SERVICES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 533. EXPENSES: 168,803 REVENUE: 159,914 FAMILY SUPPORT AND SERVICES PROGRAM (FSSP) PROVIDES SERVICE COORDINATION AND SUPPORTS INDIVIDUALS BIRTH THROUGH ADULTHOOD WHO HAVE AN INTELLECTUAL DEVELOPMENTAL DISABILITY OR DELAY AND LIVE WITH A FAMILY MEMBER. TRE ASSISTS WITH LOCATING AND ACCESSING RESOURCES, PROVIDING FUNDING TO OBTAIN NECESSARY SERVICES AND ITEMS TO SUPPORT MAINTAINING THE INDIVIDUAL IN THE FAMILY HOME, AND DIRECT SERVICES TO HELP THE INDIVIDUAL STAY CONNECTED IN THE COMMUNITY, SUCH AS SUPPORT AT INDIVIDUALIZED EDUCATIONAL PLAN OR GUARDIANSHIP MEETINGS. THE NUMBER OF CONSUMERS PROFICED SERVICES WAS 563. EXPENSES: 1,033,641 REVENUE: 913,397 COMPREHENSIVE SERVICES ARE DESIGNED FOR ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NEED MORE INTENSIVE SUPERVISION AND ASSISTANCE IN THEIR DAILY LIVES. PEOPLE IN THIS PROGRAM LIVE ON THEIR OWN, IN A HOST HOME WITH A FAMILY OR INDIVIDUAL WHO CARES FOR THE PERSON IN THEIR HOME, OR A GROUP HOME RUN BY A SERVICE AGENCY. COMPREHENSIVE SERVICES ARE DESIGNED TO HELP EACH PERSON ACHIEVE THE GOALS THEY SET FOR THEMSELVES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,114. EXPENSES: 292,209 REVENUE: 287,539
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colleen Head Batchelor CEO | Officer | 40 | $166,219 |
Heather Whitworth CFO | Officer | 40 | $115,570 |
Deena Hartje Chairman | OfficerTrustee | 1 | $0 |
Diane Loschen Vice Chairma | OfficerTrustee | 1 | $0 |
Daniel Mirer Treasurer/se | OfficerTrustee | 1 | $0 |
Heidi Brandon Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Navakai It Services | 6/29/20 | $465,182 |
Cheynne Village Inc Residential Svc | 6/29/20 | $123,205 |
Cheynne Village Inc Residential Svc | 6/29/20 | $123,205 |
Navakai It Services | 6/29/20 | $465,182 |
Statement of Revenue | |
---|---|
Federated campaigns | $32,141 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,860,009 |
All other contributions, gifts, grants, and similar amounts not included above | $617,076 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,509,226 |
Total Program Service Revenue | $20,907,246 |
Investment income | $4,271 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$467,931 |
Net Gain/Loss on Asset Sales | $28,490 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,981,302 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $304,519 |
Compensation of current officers, directors, key employees. | $304,519 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,184,719 |
Pension plan accruals and contributions | $187,721 |
Other employee benefits | $1,253,387 |
Payroll taxes | $1,361,401 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,647 |
Fees for services: Accounting | $11,330 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,098,089 |
Advertising and promotion | $0 |
Office expenses | $733,084 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $290,719 |
Travel | $19,555 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,463 |
Interest | $34,508 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $109,952 |
Insurance | $82,511 |
All other expenses | $0 |
Total functional expenses | $23,028,028 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $913,401 |
Savings and temporary cash investments | $2,897,544 |
Pledges and grants receivable | $10,000 |
Accounts receivable, net | $3,424,334 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $64,421 |
Net Land, buildings, and equipment | $9,524,473 |
Investments—publicly traded securities | $602,631 |
Investments—other securities | $38,490 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,475,294 |
Accounts payable and accrued expenses | $2,063,467 |
Grants payable | $0 |
Deferred revenue | $188,515 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $5,406,045 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $7,658,027 |
Net assets without donor restrictions | $9,691,989 |
Net assets with donor restrictions | $125,278 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,475,294 |
Over the last fiscal year, we have identified 10 grants that Resource Exchange Inc has recieved totaling $124,136.
Awarding Organization | Amount |
---|---|
Caring For Colorado Foundation Denver, CO PURPOSE: PROMOTING EARLY CHIL | $52,500 |
Temple Hoyne Buell Foundation Denver, CO PURPOSE: EARLY CHILDHOOD SERVICES, EXCLUDING CARE COORDINATION AND THERAPY SERVICES | $25,000 |
Pikes Peak United Way Colorado Springs, CO PURPOSE: Support the Charitable Purpose of the Organization | $12,290 |
Pikes Peak Community Foundation Colorado Springs, CO PURPOSE: GENERAL PURPOSE | $10,000 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 - 2022 EMPTY STOCKING FUND CAMPAIGN | $9,160 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2020 - 2021 EMPTY STOCKING FUND CAMPAIGN | $8,200 |
Organization Name | Assets | Revenue |
---|---|---|
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Arizona Community Action Association Inc Phoenix, AZ | $37,430,688 | $47,071,381 |
The 3000 Club Phoenix, AZ | $240,575 | $38,689,440 |
Catholic Charities And Community Services Of The Archdiocese Of Den Denver, CO | $31,204,493 | $39,103,634 |
Catholic Charities Community Services Inc Phoenix, AZ | $27,991,292 | $39,238,434 |
Ki Bois Community Action Foundation Inc Stigler, OK | $27,685,508 | $35,271,421 |
Catholic Community Services Of Southern Arizona Inc Tucson, AZ | $19,873,108 | $26,833,688 |
Resource Exchange Inc Colorado Springs, CO | $17,475,294 | $25,981,302 |
Little Dixie Community Action Agency Inc Hugo, OK | $19,268,264 | $22,456,976 |
Food Depot Santa Fe, NM | $14,520,817 | $22,167,327 |
Circle The City Phoenix, AZ | $18,542,637 | $26,039,281 |
Catholic Charities Of Northeast Kansas Inc Overland Park, KS | $7,644,669 | $19,984,016 |