Civic Intelligence

Charitable Exchange Inc

EIN 46-2424722 • 501(c)3 • Yardley, PA

Profile

Partner with select nonprofit charitable organizations to raise funding. Purpose is to assist these organizations to focus on charitable works, while we help by expanding existing funding sources establishing consistent funding strategies improving their operational systems and providing direct funding to enable future growth or to meet a specific need.

1714 Makefield RoadYardley, PA 19067-3151

www.charitableexchange.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

33%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $54,898 (-100%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$0

Down $54,898 (-100%) from 2015

Revenue

Up

$1,297,552

Up $322,050 (+33%) from 2015

Expenses

Up

$1,352,450

Up $304,534 (+29%) from 2015

Net Income

Up

-$54,898

Up $17,516 (+24%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2013: $99,225Liabilities 2013: $0Net Assets 2013: $99,2252013Assets 2014: $127,312Liabilities 2014: $0Net Assets 2014: $127,3122014Assets 2015: $54,898Liabilities 2015: $0Net Assets 2015: $54,8982015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $522,669Expenses 2013: $423,444Net Income 2013: $99,2252013Revenue 2014: $956,253Expenses 2014: $928,166Net Income 2014: $28,0872014Revenue 2015: $975,502Expenses 2015: $1,047,916Net Income 2015: -$72,4142015Revenue 2016: $1,297,552Expenses 2016: $1,352,450Net Income 2016: -$54,8982016

Highlighted filing

2016

Revenue$1,297,552
Expenses$1,352,450
Net Income-$54,898

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 25, 2017
Return Version
2016v3.0
Gross Receipts
$1,297,552
Mission and Program Overview

Mission

Partner with select nonprofit charitable organizations to raise funding. Purpose is to assist these organizations to focus on charitable works, while we help by expanding existing funding sources establishing consistent funding strategies improving their operational systems and providing direct funding to enable future growth or to meet a specific need.

Partner with select nonprofit charitable organizations to raise funding. Purpose is to assist these organizations to focus on charitable works, while we help by expanding existing funding sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,898--
Total Assets$54,898$0▼ $54,898
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$54,898--
Total Net Assets Fund Balance$54,898$0▼ $54,898
Total Liabilities and Net Assets / Fund Balance$54,898$0▼ $54,898
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
John GallowayVP and DirectorFT$59,996$59,996

Board Members and Trustees

NameTitle
Terry DarbyPresident and Director
Anna Darby-MatteodaDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,297,552
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,297,552
Change in Net Assets
$-54,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,178,157
Other Expenses$114,297
Salaries, Compensation, and Employee Benefits$59,996
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,178,157--$1,178,157
Current Officers, Directors, Trustees, and Key Employees$29,998$29,998-$59,996
Information Technology$40,000--$40,000
Advertising$20,795--$20,795
Other Expenses$17,610--$17,610
Fees for Services Accounting-$4,475-$4,475
Office Expenses$328--$328
Total Functional Expenses$1,317,977$34,473$0$1,352,450
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Legacy of Life FoundationYardley, PA-To initiate The Star House Project that counsels women to find jobs, shelter, food, clothing, empowers them to make good life choices.$222,437
Kolbe Trinity AcademyNapa, CA-Support property acquistion with additional matching funds to complement their ongoing Tuition Supoort campaign.$116,515
Diocese of SyracuseSyracuse, NY-Youth scholarship travel campaign$101,180
Knights of ColumbusLevittown, PA-To support number of needy individuals and organizations within the Catholic Church.$86,002
Diocese of CamdenCamden, NJ-Youth Scholarship travel campaign$79,845
Regina Coeli AcademyAbington, PA-To further develop the pre-K and kindergarten program.$71,540
My Father's VineyardYardley, PA-Hep strengthen family relationships of prisoners.$69,315
Diocese of PhiladelphiaPhiladelphia, PA-Youth scholarship travel campaign$64,173
Holy Spirit Radio FoundationDoylestown, PA-To establish campaign to raise 30,000 and fully winterize the HSR transmitter site in Coatesville, PA.$46,154
Cradle My HeartPeachtree City, GA-Support for radio broadcasts to help women continue to value their lives and rebuild after sustaining emotional issues after abortion$40,170
Students for Life of AmericaSpotsylvania, VA-To help identify, educate young people in abolishing abortion.$35,109
Living His Life AbundantlyClearwater, FL-Funding to support teaching young women the value of righteous living.$30,605
Immaculate Conception Catholic SchoolAugusta, GA-To bestow matching gifts to help ICCS provide special education scholarships for students and to enable all students to io operate digital learning devices.$30,100
His Work in ProgressLanghorne, PA-To establish matching fund of 50 to complete phase 2 of HWIPs Healthcare Center Project.$29,526
Saint Mary by-the-Sea Retreat HouseCape May Point, NJ-Raised funds for engineering services related to construction of house replacement piers.$25,958
Birthright of BoiseNampa, ID-Funding for the She was Unplanned campaign to Create Pro-Life Billboards and inform the public about saving lives.$21,217
Sophia Institute PressManchester, NH-Raised funds for specialized teachers training equipment.$20,000
Rock RecoveryArlington, VA-Helped further develop educationalal programming to combat eating disorders in young people.$13,222
Wildwood Catholic High SchoolN Wildwood, NJ-To establish matching funds to provide scholarships.$8,555
Crossroads Programs IncWillingboro, NJ-To help right size mother-baby program for teenage moms.$5,700
Our Lady Star of SeaCape May, NJ-Helping to preserve the OLSS utlility budget.$1,160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2 and 3

Terry and Anna Darby are related by marriage. They delegated control of management activites to Intact, Inc. Intact, Inc. is owned by John Galloway.

Filing and Contact Details

Filer

Filer Name
Charitable Exchange Inc
EIN
46-2424722
Phone
2159684700
Address
1714 Makefield Road, Yardley, PA 19067-3151

Signing Officer

Name
Anna Darby-Matteoda
Title
Board OfficerDirector
Signed
2017-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Galloway
Formed
2013
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Robert M Kopcho
Address
PO Box 16, Morrisville, PA 19067
Preparer
Robert M Kopcho
Phone
2156961430
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section A, Line 11B

Terry Darby and Anna Darby-Matteoda are related to each other by marriage. John Galloway, VP, Secretary, Treasurer and Director is also the VP and 49 shareholder of Intact Communications, Inc., which provides fiscal management and day to day organizational management services to The Charitable Exchange, Inc. Compensation to Intact Communications, Inc. is 4,000 per month.

Form 990, Part IV, Section A, Line 11B

The organization was founded to manage and provide funds to other qualified 501c 3 organizations in order to promote excellence in living and assisting the other charitable entities in their own charitable activities with the ultimate goal being the achievement of self-sustainability for each of these participating charities. The Charitable Exchange, Inc. does this by selecting eligible emerging charitable organizations based on their compliance with the mission statement of the Charitable Exchange. The Charitable Exchange then works with each eligible organization to determine whether the eligible organization is in need of funds for a particular project or campaign or for their overall operating support toward reaching an operational plateau.

Form 990, Part I, Section B, Line 1

12/15/2016 Board of Directors voted to dissolve The Charitable Exchange, Inc. and resolve all possible expenses and financial responsibilities with charities, donors, and suppliers witihin calendar year 2016. All fund raising campaigns were closed within 2016. Website portals and connections were closed. All business activities were effectively closed and name was disloved in 2016.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Raised funds for specialized teachers training equipment.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Raised funds for engineering services related to construction of house replacement piers.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2To establish matching fund of 50 to complete phase 2 of HWIPs Healthcare Center Project.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3To establish campaign to raise 30,000 and fully winterize the HSR transmitter site in Coatesville, PA.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4To bestow matching gifts to help ICCS provide special education scholarships for students and to enable all students to io operate digital learning devices.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5To support number of needy individuals and organizations within the Catholic Church.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Support property acquistion with additional matching funds to complement their ongoing Tuition Supoort campaign.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Helped further develop educationalal programming to combat eating disorders in young people.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8Hep strengthen family relationships of prisoners.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9Helping to preserve the OLSS utlility budget.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10To help identify, educate young people in abolishing abortion.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11To further develop the pre-K and kindergarten program.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12To establish matching funds to provide scholarships.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13To initiate The Star House Project that counsels women to find jobs, shelter, food, clothing, empowers them to make good life choices.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14Youth Scholarship travel campaign
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15To help right size mother-baby program for teenage moms.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16Funding for the She was Unplanned campaign to Create Pro-Life Billboards and inform the public about saving lives.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17Support for radio broadcasts to help women continue to value their lives and rebuild after sustaining emotional issues after abortion
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18Funding to support teaching young women the value of righteous living.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19Youth scholarship travel campaign
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20Youth scholarship travel campaign
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Sophia Institute Press
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Saint Mary by-the-Sea Retreat House
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2His Work in Progress
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Holy Spirit Radio Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Immaculate Conception Catholic School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Knights of Columbus
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Kolbe Trinity Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Rock Recovery
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8My Father's Vineyard
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Our Lady Star of Sea
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Students for Life of America
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Regina Coeli Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Wildwood Catholic High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Legacy of Life Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14Diocese of Camden
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15Crossroads Programs Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16Birthright of Boise
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17Cradle My Heart
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18Living His Life Abundantly
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19Diocese of Syracuse
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20Diocese of Philadelphia
IRS990ScheduleI/RecipientTable/RecipientEIN0222548708
IRS990ScheduleI/RecipientTable/RecipientEIN1530199617
IRS990ScheduleI/RecipientTable/RecipientEIN2233064112
IRS990ScheduleI/RecipientTable/RecipientEIN3232981164
IRS990ScheduleI/RecipientTable/RecipientEIN4580566196
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IRS990ScheduleI/RecipientTable/RecipientEIN7263931272
IRS990ScheduleI/RecipientTable/RecipientEIN8233081639
IRS990ScheduleI/RecipientTable/RecipientEIN9210635002
IRS990ScheduleI/RecipientTable/RecipientEIN10521576352
IRS990ScheduleI/RecipientTable/RecipientEIN11300165331
IRS990ScheduleI/RecipientTable/RecipientEIN12271918956
IRS990ScheduleI/RecipientTable/RecipientEIN13453166872
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IRS990ScheduleI/RecipientTable/RecipientEIN20231360839
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 5284
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1101 Lehigh Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt251 Teal Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 798
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4811 Telfair Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51492 Woodbourne Rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt62055 Redwood Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71305 N Ode Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt840 Howley Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9520 Lafayette Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt109900 Courthouse Rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111525 Marian Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt121500 Central Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1325 South Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt141845 Haddon Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15610 Beverly-Rancocas Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16714 Vista Terrace
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt17120 Glenwood Chase
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt18PO Box 5828
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt19240 E Onondaga St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt20222 N 17th Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Manchester
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Cape May Point
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Langhorne
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Doylestown
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Augusta
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Levittown
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Napa
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Arlington
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Yardley
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Cape May
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Spotsylvania
IRS990ScheduleI/RecipientTable/USAddress/CityNm11Abington
IRS990ScheduleI/RecipientTable/USAddress/CityNm12N Wildwood
IRS990ScheduleI/RecipientTable/USAddress/CityNm13Yardley
IRS990ScheduleI/RecipientTable/USAddress/CityNm14Camden
IRS990ScheduleI/RecipientTable/USAddress/CityNm15Willingboro
IRS990ScheduleI/RecipientTable/USAddress/CityNm16Nampa
IRS990ScheduleI/RecipientTable/USAddress/CityNm17Peachtree City
IRS990ScheduleI/RecipientTable/USAddress/CityNm18Clearwater
IRS990ScheduleI/RecipientTable/USAddress/CityNm19Syracuse
IRS990ScheduleI/RecipientTable/USAddress/CityNm20Philadelphia
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NH
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4GA
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd13PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd14NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd15NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd16ID
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd17GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd18FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd19NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd20PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd003108
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd108212
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd219047
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd318901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd430901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd519057
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd694558
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd722209
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd819067
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1208260
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1319067
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1508046
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1683686
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1730269
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1833758
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1913202
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd2019103
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Monitoring of crowd funding dollars was specific to the organization fund raising purposes outlined in website and organization files and detailed donor controls.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/TotalOtherOrgCnt021
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Terry and Anna Darby are related by marriage. They delegated control of management activites to Intact, Inc. Intact, Inc. is owned by John Galloway.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Terry Darby and Anna Darby-Matteoda are related to each other by marriage. John Galloway, VP, Secretary, Treasurer and Director is also the VP and 49 shareholder of Intact Communications, Inc., which provides fiscal management and day to day organizational management services to The Charitable Exchange, Inc. Compensation to Intact Communications, Inc. is 4,000 per month.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization was founded to manage and provide funds to other qualified 501c 3 organizations in order to promote excellence in living and assisting the other charitable entities in their own charitable activities with the ultimate goal being the achievement of self-sustainability for each of these participating charities. The Charitable Exchange, Inc. does this by selecting eligible emerging charitable organizations based on their compliance with the mission statement of the Charitable Exchange. The Charitable Exchange then works with each eligible organization to determine whether the eligible organization is in need of funds for a particular project or campaign or for their overall operating support toward reaching an operational plateau.

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