Civic Intelligence

Interchange Inc.

990 • Fiscal year 2018 • EIN 23-7175702

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

1105 N Waverly PlaceMilwaukee, WI 53202-3427

(414) 276-0988

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

55th percentile

4.0%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$106,219

Up $4,134 (+4.0%) from 2017

Net Assets

Up

$102,539

Up $4,618 (+4.7%) from 2017

Liabilities

Down

$3,680

Down $484 (-12%) from 2017

Revenue

Up

$395,186

Up $61,500 (+18%) from 2017

Expenses

Up

$390,568

Up $65,385 (+20%) from 2017

Net Income

Down

$4,618

Down $3,885 (-46%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $65,407Liabilities 2011: $2,273Net Assets 2011: $63,1342011Assets 2012: $71,764Liabilities 2012: $2,594Net Assets 2012: $69,1702012Assets 2013: $85,101Liabilities 2013: $4,175Net Assets 2013: $80,9262013Assets 2014: $83,833Liabilities 2014: $5,318Net Assets 2014: $78,5152014Assets 2015: $84,965Liabilities 2015: $4,888Net Assets 2015: $80,0772015Assets 2016: $92,279Liabilities 2016: $2,861Net Assets 2016: $89,4182016Assets 2017: $102,085Liabilities 2017: $4,164Net Assets 2017: $97,9212017Assets 2018: $106,219Liabilities 2018: $3,680Net Assets 2018: $102,5392018Assets 2019: $123,017Liabilities 2019: $4,150Net Assets 2019: $118,8672019Assets 2020: $243,250Liabilities 2020: $5,507Net Assets 2020: $237,7432020Assets 2021: $300,830Liabilities 2021: $1,078Net Assets 2021: $299,7522021Assets 2022: $399,223Liabilities 2022: $1,043Net Assets 2022: $398,1802022Assets 2023: $374,177Liabilities 2023: $19,021Net Assets 2023: $355,1562023Assets 2024: $421,727Liabilities 2024: $6,146Net Assets 2024: $415,5812024

Highlighted filing

2018

Assets$106,219
Liabilities$3,680
Net Assets$102,539

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $74,4292011Expenses 2012: $223,9452012Revenue 2013: $301,336Expenses 2013: $289,580Net Income 2013: $11,7562013Revenue 2014: $291,423Expenses 2014: $293,834Net Income 2014: -$2,4112014Revenue 2015: $363,916Expenses 2015: $362,354Net Income 2015: $1,5622015Revenue 2016: $317,038Expenses 2016: $307,697Net Income 2016: $9,3412016Revenue 2017: $333,686Expenses 2017: $325,183Net Income 2017: $8,5032017Revenue 2018: $395,186Expenses 2018: $390,568Net Income 2018: $4,6182018Revenue 2019: $604,563Expenses 2019: $588,341Net Income 2019: $16,2222019Revenue 2020: $1,059,948Expenses 2020: $941,072Net Income 2020: $118,8762020Revenue 2021: $1,161,336Expenses 2021: $1,099,327Net Income 2021: $62,0092021Revenue 2022: $1,014,681Expenses 2022: $916,253Net Income 2022: $98,4282022Revenue 2023: $1,123,502Expenses 2023: $1,166,526Net Income 2023: -$43,0242023Revenue 2024: $1,225,061Expenses 2024: $1,164,636Net Income 2024: $60,4252024

Highlighted filing

2018

Revenue$395,186
Expenses$390,568
Net Income$4,618
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$395,186
Mission and Program Overview

Mission

Provide emergency food assistance to needy individuals in Milwaukee.

Provide emergency food assistance to needy individuals in Milwaukee's greater downtown area and east side.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$53,794$53,869▲ $75
Cash and Non-Interest-Bearing Accounts$17,079$24,927▲ $7,848
Land, Buildings, and Equipment, Net$15,454$17,142▲ $1,688
Pledges and Grants Receivable$13,539$8,094▼ $5,445
Prepaid Expenses and Deferred Charges$2,219$2,187▼ $32
Total Assets$102,085$106,219▲ $4,134
Liabilities
Accounts Payable and Accrued Expenses$4,164$3,680▼ $484
Total Liabilities$4,164$3,680▼ $484
Net Assets / Fund Balance
Unrestricted Net Assets$97,921$94,445▼ $3,476
Temporarily Rstr Net Assets-$8,094-
Total Net Assets Fund Balance$97,921$102,539▲ $4,618
Total Liabilities and Net Assets / Fund Balance$102,085$106,219▲ $4,134

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,142$13,646$30,788
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nay TaryorPresident
Melanie MadduxCo-vice President
Sheila ScottCo-vice President
Allyson NemecDirector
Bryna GoecknerDirector
Danna NeslerDirector
David RoidtDirector
Diane RoidtDirector
Jack HughesDirector
Jean DowDirector
Laverne HarmonDirector
Mark LawsonDirector
Robert SchultzDirector
Stan NeslerDirector
Steve FilmanowiczDirector
Beth BruchSecretary
William WelburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$394,277
Program Service Revenue
$0
Investment Income
$74
Other Revenue
$835
All Other Contributions
$394,277
Change in Net Assets
$4,618

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory223,127$311,372Fair Market Value (FMV) Per Pound
Total Noncash Contributions223,127$311,372-

Audited Revenue Reconciliation

Revenue per Audited Statements
$395,186
Total Revenue per Audited Statements
$395,186
Total Revenue per Form 990
$395,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,840
Salaries, Compensation, and Employee Benefits$41,728
Total Fundraising Expense$2,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$33,801$2,897$1,931$38,629
Fees for Services Accounting$0$6,720$0$6,720
Occupancy$5,053$561$0$5,614
Depreciation Depletion$5,252$0$0$5,252
Payroll Taxes$2,712$232$155$3,099
Office Expenses$1,872$104$0$1,976
Insurance$319$35$0$354
Other Expenses$135$0$0$135
Total Functional Expenses$377,893$10,589$2,086$390,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$390,568
Total Expenses per Audited Statements$390,568
Total Expenses per Form 990$390,568
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$835
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Interchange Inc
EIN
23-7175702
Phone
4142760988
Address
1105 N WAVERLY PLACE, MILWAUKEE, WI 53202-3427

Signing Officer

Name
William Welburn
Title
Treasurer
Phone
4142760988
Signed
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean Dow
Formed
2003
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
17
Employees
2
Volunteers
40

Preparer

Firm
Krause & Associates SC
Address
1214 Bridge Street, Grafton, WI 53024
Preparer
David Krause
Phone
2623779988
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board of directors reviews and approves the 990 prior to filing with the IRS.

Pt VI, Line 12C

All board members review and sign the conflict of intersest policy

Pt VI, Line 15A

The volunteer board of directors approves the executive director's compensation and wages for all other employees. Board members serve as volunteers and are not Compensated.

Pt VI, Line 15B

The volunteer board of directors approves the executive director's compensation and wages for all other employees. Board members serve as volunteers and are not

Pt VI, Line 19

All documents are available upon request during normal business hours.

Pt VI, Line 2

Board members Stan and Danna Nesler are related. Board members Diane and David Roidt are related.

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IRS990/OccupancyGrp/TotalAmt05614
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0104
IRS990/OfficeExpensesGrp/ProgramServicesAmt01872
IRS990/OfficeExpensesGrp/TotalAmt01976
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Food and hygiene products
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Vehicle
IRS990/OtherExpensesGrp/Desc3Minor equipment and IT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt140
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0324032
IRS990/OtherExpensesGrp/ProgramServicesAmt1360
IRS990/OtherExpensesGrp/ProgramServicesAmt24357
IRS990/OtherExpensesGrp/ProgramServicesAmt3135
IRS990/OtherExpensesGrp/TotalAmt0324032
IRS990/OtherExpensesGrp/TotalAmt1400
IRS990/OtherExpensesGrp/TotalAmt24357
IRS990/OtherExpensesGrp/TotalAmt3135
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01931
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02897
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt033801
IRS990/OtherSalariesAndWagesGrp/TotalAmt038629
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0155
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0232
IRS990/PayrollTaxesGrp/ProgramServicesAmt02712
IRS990/PayrollTaxesGrp/TotalAmt03099
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013539
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08094
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02219
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02187
IRS990/PrincipalOfficerNm0JEAN DOW
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0332450
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0481
IRS990/PYOtherExpensesAmt0283695
IRS990/PYOtherRevenueAmt0755
IRS990/PYRevenuesLessExpensesAmt08503
IRS990/PYSalariesCompEmpBnftPaidAmt041488
IRS990/PYTotalExpensesAmt0325183
IRS990/PYTotalRevenueAmt0333686
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt04618
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt053794
IRS990/SavingsAndTempCashInvstGrp/EOYAmt053869
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: MISCELLANEOUS 2014: 263. 2015: 10. 2016: 0. 2017: 400. 2018: 835.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt082905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0333205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0317038
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0363811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0250163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01347122
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt074
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0442
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0835
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0263
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01508
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99860
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99840
IRS990ScheduleA/PublicSupportTotal170Amt01347122
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt082905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0333205
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0317038
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0363811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0250163
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01347122
IRS990ScheduleA/TotalSupportAmt01349072
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt017142
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013646
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030788
IRS990ScheduleD/ExpensesSubtotalAmt0390568
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/RevenueSubtotalAmt0395186
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017142
IRS990ScheduleD/TotalExpensesPerForm990Amt0390568
IRS990ScheduleD/TotalRevenuePerForm990Amt0395186
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0395186
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0390568
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt0223127
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FMV PER POUND
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0311372
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board of directors reviews and approves the 990 prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members review and sign the conflict of intersest policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The volunteer board of directors approves the executive director's compensation and wages for all other employees. Board members serve as volunteers and are not Compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The volunteer board of directors approves the executive director's compensation and wages for all other employees. Board members serve as volunteers and are not
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are available upon request during normal business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board members Stan and Danna Nesler are related. Board members Diane and David Roidt are related.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.01$0.42$1.23$1.16$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.02$0.36$1.12$1.17$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$1.01$0.92$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$1.16$1.10$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.01$0.24$1.06$0.94$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.60$0.59$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.40$0.39$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.33$0.33$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.32$0.31$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.36$0.36$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.08$0.29$0.29$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.08$0.30$0.29$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.06$0.07