Civic Intelligence

Exchange for Change

990EZ • Fiscal year 2021 • EIN 47-1315317

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

550 NW 42 AvenueMiami, FL 33126

(305) 771-3241

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

45th percentile

5.4%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$50,012

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 34.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

35th percentile

-2.5%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

8.5%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$190,596

Down $4,851 (-2.5%) from 2020

Net Assets

Up

$188,722

Up $7,915 (+4.4%) from 2020

Liabilities

Down

$1,874

Down $12,766 (-87%) from 2020

Revenue

Up

$146,682

Up $11,505 (+8.5%) from 2020

Expenses

Down

$138,767

Down $31,673 (-19%) from 2020

Net Income

Up

$7,915

Up $43,178 (+122%) from 2020

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

2021

Assets$190,596
Liabilities$1,874
Net Assets$188,722

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

2021

Revenue$146,682
Expenses$138,767
Net Income$7,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$146,682
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.-$121,344
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHIE KLARREICHExecutive DiFT$50,012-$50,012
TOM BEEKMANChair-$0--
SHARA PELZVice Preside-$0--
ADINA SANCHEZ-GARCIASecretary-$0--
ROBERT HILLTreasurer-$0--
ANGEL SANCHEZBoard Member-$0--
CLAUDIA AVENDANOBoard Member-$0--
FARRIS BUKHARIBoard Member-$0--
MIRIAM HASKELLBoard 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
550 NW 42 AVENUE, MIAMI, FL 33126

Signing Officer

Name
Kathie Klarreich
Title
Executive Director
Phone
3057713241
Signed
2022-11-10
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 157 program supplies 2,119 office supplies 2,384 other business expenses 281 mileage reimbursements 139 meals 559 membership 100 insurance 1,273 bank charges 405 postage 406 fl annual renewal 61 total 7,884

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 0 4,536 total 0 4,536

Form 990-ez, Part II, Line 26

Payroll taxes payable 840 1,874 ppp loan forgiven in 2021 13,800 0

Form 990-ez, Part III

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

Raw XML Appendix173 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7FARRIS BUKHARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MIRIAM HASKELL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SONESH CHAINANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990ScheduleA/PublicOrganization170Ind0X
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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
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 157 PROGRAM SUPPLIES 2,119 OFFICE SUPPLIES 2,384 OTHER BUSINESS EXPENSES 281 MILEAGE REIMBURSEMENTS 139 MEALS 559 MEMBERSHIP 100 INSURANCE 1,273 BANK CHARGES 405 POSTAGE 406 FL ANNUAL RENEWAL 61 TOTAL 7,884
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 0 4,536 TOTAL 0 4,536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 840 1,874 PPP LOAN FORGIVEN IN 2021 13,800 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCHANGE FOR CHANGE INC
ReturnHeader/Filer/BusinessNameControlTxt0EXCH
ReturnHeader/Filer/EIN0471315317
ReturnHeader/Filer/PhoneNum03057713241
ReturnHeader/Filer/USAddress/AddressLine1Txt0550 NW 42 AVENUE
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033126
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/PreparationDt02022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AIDA V SHAFER
ReturnHeader/ReturnTs02022-11-10T15:05:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KATHIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KLARREICH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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