Civic Intelligence

Exchange for Change

990EZ • Fiscal year 2020 • EIN 47-1315317

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

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

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

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

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

Operations Trend

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
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

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

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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0KATHIE KLARREICH
CompensationExplanation/CompensationExplanationGrp/PersonNm1TOM BEEKMAN
CompensationExplanation/CompensationExplanationGrp/PersonNm2ADINA SANCHEZGARCIA
CompensationExplanation/CompensationExplanationGrp/PersonNm3ROBERT HILL
CompensationExplanation/CompensationExplanationGrp/PersonNm4ANGEL SANCHEZ
CompensationExplanation/CompensationExplanationGrp/PersonNm5CLAUDIA AVENDANO
CompensationExplanation/CompensationExplanationGrp/PersonNm6ELIZABETH LONDONO
CompensationExplanation/CompensationExplanationGrp/PersonNm7FARRIS BUKHARI
CompensationExplanation/CompensationExplanationGrp/PersonNm8JILL BERKE
CompensationExplanation/CompensationExplanationGrp/PersonNm9MEENA JAGANNATH
CompensationExplanation/CompensationExplanationGrp/PersonNm10SONESH CHAINANI
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KATHIE KLARREICH
IRS990EZ/BooksInCareOfDetail/PhoneNum03057713241
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02103 CORAL WAY SUITE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033145
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0220261
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0135177
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-35263
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt030600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt06659
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt045833
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt014301
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHIE KLARREICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TOM BEEKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADINA SANCHEZ-GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ANGEL SANCHEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CLAUDIA AVENDANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ELIZABETH LONDONO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7FARRIS BUKHARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JILL BERKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MEENA JAGANNATH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SONESH CHAINANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017882
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION PROVIDES OPPORTUNITIES FOR CREATIVE AND INTELLECTUAL ENGAGEMENT WITH A GOAL TO IMPACT SOCIAL CHANGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0151975
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0115299
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04191
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014640
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0170440
IRS990EZ/TotalProgramServiceExpensesAmt0151975
IRS990EZ/TotalRevenueAmt0135177
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.EXCHANGE-FOR-CHANGE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0135177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0141777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt084078
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0420115
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89300
IRS990ScheduleA/PublicSupportPY170Pct00.84700
IRS990ScheduleA/PublicSupportTotal170Amt0420115
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0135177
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0141777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt084078
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt059083
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0420115
IRS990ScheduleA/TotalSupportAmt0470472
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt020736
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt029621
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt050357
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
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

Peer Organizations

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