Civic Intelligence

Exchange for Change

990EZ • Fiscal year 2020 • EIN 47-1315317

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

Organization ProfileWWW.EXCHANGE-FOR-CHANGE.ORG
2103 Coral Way Suite 202Miami, FL 33145

(305) 771-3241

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.07x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

77th percentile

0.11x

Higher debt load relative to revenue than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-26%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$60,134

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 44.5% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

26th percentile

-11%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-17%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$195,447

Down $24,815 (-11%) from 2019

Net Assets

Down

$180,807

Down $35,264 (-16%) from 2019

Liabilities

Up

$14,640

Up $10,449 (+249%) from 2019

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin19th percentile

Revenue

Down

$135,177

Down $28,336 (-17%) from 2019

Expenses

Up

$170,440

Up $48,883 (+40%) from 2019

Net Income

Down

-$35,263

Down $77,219 (-184%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$300K$200K$100K$0Assets 2017: $106,997Liabilities 2017: $0Net Assets 2017: $106,9972017Assets 2018: $174,114Liabilities 2018: $0Net Assets 2018: $174,1142018Assets 2019: $220,262Liabilities 2019: $4,191Net Assets 2019: $216,0712019Assets 2020: $195,447Liabilities 2020: $14,640Net Assets 2020: $180,8072020Assets 2021: $190,596Liabilities 2021: $1,874Net Assets 2021: $188,7222021Assets 2022: $187,476Liabilities 2022: $2,111Net Assets 2022: $185,3652022Assets 2023: $199,902Liabilities 2023: $1,595Net Assets 2023: $198,3072023Assets 2024: $265,675Liabilities 2024: $3,290Net Assets 2024: $262,3852024

Highlighted filing

2020

Assets$195,447
Liabilities$14,640
Net Assets$180,807
Open 2020 Filing

Operations Trend

Revenue Growth47th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $59,083Expenses 2017: $32,493Net Income 2017: $26,5902017Revenue 2018: $114,699Expenses 2018: $47,582Net Income 2018: $67,1172018Revenue 2019: $163,513Expenses 2019: $121,557Net Income 2019: $41,9562019Revenue 2020: $135,177Expenses 2020: $170,440Net Income 2020: -$35,2632020Revenue 2021: $146,682Expenses 2021: $138,767Net Income 2021: $7,9152021Revenue 2022: $161,056Expenses 2022: $164,413Net Income 2022: -$3,3572022Revenue 2023: $173,257Expenses 2023: $160,315Net Income 2023: $12,9422023Revenue 2024: $330,922Expenses 2024: $266,844Net Income 2024: $64,0782024

Highlighted filing

2020

Revenue$135,177
Expenses$170,440
Net Income-$35,263
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$135,177
Mission and Program Overview

Mission

Exchange for change believes in the power of written partnerships to promote dialogue and impact social change. We facilitate anonymous writing exchanges between classrooms in correctional and court-mandated facilities as well as classrooms in high schools and universities.

The organization provides opportunities for creative and intellectual engagement with a goal to impact social change.

Program Services

DescriptionGrantsExpenses
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.-$151,975
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHIE KLARREICHExecutive DiFT$45,833$14,301$60,134
TOM BEEKMANChair-$0--
ADINA SANCHEZ-GARCIASecretary-$0--
ROBERT HILLTreasurer-$0--
ANGEL SANCHEZBoard Member-$0--
CLAUDIA AVENDANOBoard Member-$0--
ELIZABETH LONDONOBoard Member-$0--
FARRIS BUKHARIBoard Member-$0--
JILL BERKEBoard Member-$0--
MEENA JAGANNATHBoard Member-$0--
SONESH CHAINANIBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Exchange for Change Inc
EIN
47-1315317
Phone
3057713241
Address
2103 CORAL WAY SUITE 202, MIAMI, FL 33145

Signing Officer

Name
Kathie Klarreich
Title
Executive Director
Phone
3057713241
Signed
2021-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Viciana & Shafer Pa
Address
800 SO DOUGLAS RD STE 880, CORAL GABLES, FL 33134
Preparer
Aida V Shafer
Phone
3054460969
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 509 program supplies 11,815 office supplies 2,092 conferences/meetings 317 insurance 1,273 program event costs 750 bank charges 567 postage 373 occupational taxes 186 total 17,882”

Form 990-ez, Part II, Line 26

“Payroll taxes payable 4,191 840 ppp loan forgiven in 2021 0 13,800”

Form 990-ez, Part III

“The organization provides opportunities for creative and intellectual engagement with a goal to impact social change.”

Raw XML Appendix179 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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CompensationExplanation/CompensationExplanationGrp/PersonNm4ANGEL SANCHEZ
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017882
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0170440
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 509 PROGRAM SUPPLIES 11,815 OFFICE SUPPLIES 2,092 CONFERENCES/MEETINGS 317 INSURANCE 1,273 PROGRAM EVENT COSTS 750 BANK CHARGES 567 POSTAGE 373 OCCUPATIONAL TAXES 186 TOTAL 17,882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL TAXES PAYABLE 4,191 840 PPP LOAN FORGIVEN IN 2021 0 13,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES OPPORTUNITIES FOR CREATIVE AND INTELLECTUAL ENGAGEMENT WITH A GOAL TO IMPACT SOCIAL CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHIE KLARREICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03057713241
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCHANGE FOR CHANGE INC
ReturnHeader/Filer/BusinessNameControlTxt0EXCH
ReturnHeader/Filer/EIN0471315317
ReturnHeader/Filer/PhoneNum03057713241
ReturnHeader/Filer/USAddress/AddressLine1Txt02103 CORAL WAY SUITE 202
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033145
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592718428
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICIANA & SHAFER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 SO DOUGLAS RD STE 880
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033134
ReturnHeader/PreparerPersonGrp/PhoneNum03054460969
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AIDA V SHAFER
ReturnHeader/ReturnTs02021-11-09T09:35:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KLARREICH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,447
Liabilities
$14,640
Net assets
$180,807
Revenue
$135,177
Expenses
$170,440
Net income
-$35,263
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.66$0.03$2.62$3.31$2.67$0.64
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.02$1.98$1.73$1.60$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.85$1.61$1.64$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.91$0.02$1.89$1.47$1.39$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.95$0.15$1.81$1.35$1.70$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.20$0.04$2.16$1.64$1.22$0.42
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$1.15$0.48$0.67
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.59$0.32$0.27
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits