Civic Intelligence

Resources Exchange Association

990 • Fiscal year 2021 • EIN 54-1297868

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 28, 2023

PO Box 5008Burlington, NC 27216-5008

(336) 227-0000

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

100th percentile

212%

Higher net margin than 100% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

17th percentile

$63,900

Higher top officer pay than 17% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

4th percentile

-15%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Assets

Down

$22,339,701

Down $3,889,856 (-15%) from 2020

Net Assets

Down

$22,175,371

Down $3,402,305 (-13%) from 2020

Liabilities

Down

$164,330

Down $487,551 (-75%) from 2020

Revenue

Down

-$1,606,035

Down $5,254,789 (-144%) from 2020

Expenses

Up

$1,796,272

Up $92,027 (+5.4%) from 2020

Net Income

Down

-$3,402,307

Down $5,346,816 (-275%) from 2020

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $65,639,033Liabilities 2010: $531,247Net Assets 2010: $65,107,7862010Assets 2011: $13,264,594Liabilities 2011: $723,040Net Assets 2011: $12,541,5542011Assets 2012: $15,283,527Liabilities 2012: $614,128Net Assets 2012: $14,669,3992012Assets 2013: $17,703,313Liabilities 2013: $719,847Net Assets 2013: $16,983,4662013Assets 2014: $19,754,193Liabilities 2014: $692,617Net Assets 2014: $19,061,5762014Assets 2015: $22,404,149Liabilities 2015: $594,816Net Assets 2015: $21,809,3332015Assets 2016: $23,578,974Liabilities 2016: $591,083Net Assets 2016: $22,987,8912016Assets 2017: $22,091,680Liabilities 2017: $575,681Net Assets 2017: $21,515,9992017Assets 2018: $23,478,334Liabilities 2018: $532,368Net Assets 2018: $22,945,9662018Assets 2019: $24,175,251Liabilities 2019: $542,084Net Assets 2019: $23,633,1672019Assets 2020: $26,229,557Liabilities 2020: $651,881Net Assets 2020: $25,577,6762020Assets 2021: $22,339,701Liabilities 2021: $164,330Net Assets 2021: $22,175,3712021Assets 2022: $24,186,239Liabilities 2022: $264,048Net Assets 2022: $23,922,1912022Assets 2023: $26,440,362Liabilities 2023: $143,499Net Assets 2023: $26,296,8632023Assets 2024: $30,676,111Liabilities 2024: $137,545Net Assets 2024: $30,538,5662024

Highlighted filing

2021

Assets$22,339,701
Liabilities$164,330
Net Assets$22,175,371

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,306,4392010Expenses 2011: $1,346,1882011Expenses 2012: $1,812,6712012Revenue 2013: $4,076,118Expenses 2013: $1,762,051Net Income 2013: $2,314,0672013Revenue 2014: $3,490,580Expenses 2014: $1,412,470Net Income 2014: $2,078,1102014Revenue 2015: $4,476,187Expenses 2015: $1,728,430Net Income 2015: $2,747,7572015Revenue 2016: $3,243,954Expenses 2016: $2,065,396Net Income 2016: $1,178,5582016Revenue 2017: $463,631Expenses 2017: $1,935,523Net Income 2017: -$1,471,8922017Revenue 2018: $3,402,762Expenses 2018: $1,972,795Net Income 2018: $1,429,9672018Revenue 2019: $2,678,899Expenses 2019: $1,991,698Net Income 2019: $687,2012019Revenue 2020: $3,648,754Expenses 2020: $1,704,245Net Income 2020: $1,944,5092020Revenue 2021: -$1,606,035Expenses 2021: $1,796,272Net Income 2021: -$3,402,3072021Revenue 2022: $3,627,741Expenses 2022: $2,069,624Net Income 2022: $1,558,1172022Revenue 2023: $4,237,333Expenses 2023: $2,283,564Net Income 2023: $1,953,7692023Revenue 2024: $6,847,867Expenses 2024: $2,606,165Net Income 2024: $4,241,7022024

Highlighted filing

2021

Revenue-$1,606,035
Expenses$1,796,272
Net Income-$3,402,307
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 28, 2023
Return Version
2021v4.0
Gross Receipts
$14,887,386
Mission and Program Overview

Mission

Serve as a consuit for surplus inventory donantions and provide them to 501(c)(3) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$25,350,000$21,263,495▼ $4,086,505
Land, Buildings, and Equipment, Net$516,290$1,000,845▲ $484,555
Loans From Officers Directors$138,255$154,255▲ $16,000
Cash and Non-Interest-Bearing Accounts$363,267$75,361▼ $287,906
Total Assets$26,229,557$22,339,701▼ $3,889,856
Liabilities
Mortgage Notes Payable Secured by Investment Property$360,482--
Other Liabilities$153,144$10,075▼ $143,069
Total Liabilities$651,881$164,330▼ $487,551
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,577,676$22,175,371▼ $3,402,305
Total Net Assets Fund Balance$25,577,676$22,175,371▼ $3,402,305
Total Liabilities and Net Assets / Fund Balance$26,229,557$22,339,701▼ $3,889,856

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$852,395$196,284$1,048,679
Land$107,895-$107,895
Other Land Buildings$28,900$51,459$80,359
Equipment$11,655$55,912$67,567
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim ShepherdSenior VPFT$63,900$63,900
C R ShepherdPresidentFT$63,400$63,400
Susan WrightSec/treasureFT$31,194$31,194
Revenue and Support

Revenue Composition

Contributions and Grants
$11,851,833
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-13,457,868
All Other Contributions
$11,851,833
Change in Net Assets
$-3,402,307

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table19$11,428,245
Food Inventory1$15,000
Total Noncash Contributions20$11,443,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$988,890
Salaries, Compensation, and Employee Benefits$807,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$515,175$233,300-$748,475
Occupancy$302,471$5,280-$307,751
All Other Expenses$101,543$34,597-$136,140
Interest$62,679$3,299-$65,978
Payroll Taxes$40,546$18,361-$58,907
Other Expenses$52,077$576-$52,077
Insurance$28,459$6,213-$34,672
Depreciation Depletion$24,864--$24,864
Office Expenses$4,890$1,223-$6,113
Fees for Services Legal-$5,557-$5,557
Fees for Services Accounting$1,627$813-$2,440
Total Functional Expenses$1,486,675$309,597$0$1,796,272
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$138,255$154,255▲ $16,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholding$5,154
Security Deposit$4,921
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI

No difference in voting rights

Form 990, Page 6, Part VI, Line 11B

990 provided to directors prior to filing

Form 990, Page 6, Part VI, Line 19

Available upon request in hard copy

Filing and Contact Details

Filer

Filer Name
Resources Exchange Association
EIN
54-1297868
Phone
3362270000
Address
PO BOX 5008, BURLINGTON, NC 27216-5008

Signing Officer

Name
C R Shepherd
Title
President
Phone
3362270000
Signed
2023-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C R Shepherd
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
0
Employees
29

Preparer

Firm
Dave C Dillard Pa CPA
Address
704 W HARDEN ST, GRAHAM, NC 27253-2160
Preparer
Dave C Dillard CPA
Phone
3362265195
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Serve as a conduit for surplus inventory

Form 990, Part XI, Line 9

Book / tax depreciation difference 2

Raw XML Appendix393 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SERVE AS A CONSUIT FOR SURPLUS INVENTORY DONANTIONS AND PROVIDE THEM TO 501(C)(3) ORGANIZATIONS.
IRS990/AllOtherContributionsAmt011851833
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt034597
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0101543
IRS990/AllOtherExpensesGrp/TotalAmt0136140
IRS990/BooksInCareOfDetail/PersonNm0C R SHEPHERD
IRS990/BooksInCareOfDetail/PhoneNum03362270000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01250 FAIRVIEW DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0BURLINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027215
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0363267
IRS990/CashNonInterestBearingGrp/EOYAmt075361
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt016493421
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011851833
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0988890
IRS990/CYOtherRevenueAmt0-13457868
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3402307
IRS990/CYSalariesCompEmpBnftPaidAmt0807382
IRS990/CYTotalExpensesAmt01796272
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-1606035
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt024864
IRS990/DepreciationDepletionGrp/TotalAmt024864
IRS990/Desc0SERVE AS A CONDUIT FOR SURPLUS INVENTORY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt029
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01442054
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0813
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01627
IRS990/FeesForServicesAccountingGrp/TotalAmt02440
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05557
IRS990/FeesForServicesLegalGrp/TotalAmt05557
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0TIM SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm1C R SHEPHERD
IRS990/Form990PartVIISectionAGrp/PersonNm2SUSAN WRIGHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt063900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt163400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt231194
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0SENIOR VP
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREASURE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014887386
IRS990/GrossSalesOfInventoryAmt02889253
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06213
IRS990/InsuranceGrp/ProgramServicesAmt028459
IRS990/InsuranceGrp/TotalAmt034672
IRS990/InterestGrp/ManagementAndGeneralAmt03299
IRS990/InterestGrp/ProgramServicesAmt062679
IRS990/InterestGrp/TotalAmt065978
IRS990/InventoriesForSaleOrUseGrp/BOYAmt025350000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt021263495
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0303655
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0516290
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01000845
IRS990/LandBldgEquipCostOrOtherBssAmt01304500
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0138255
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0154255
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SERVE AS A CONSUIT FOR SURPLUS INVENTORY DONANTIONS AND PROVIDE THEM TO 501(C)(3) ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0360482
IRS990/NetAssetsOrFundBalancesBOYAmt025577676
IRS990/NetAssetsOrFundBalancesEOYAmt022175371
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-13604168
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-13604168
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt025577676
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt022175371
IRS990/NoncashContributionsAmt011443245
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05280
IRS990/OccupancyGrp/ProgramServicesAmt0302471
IRS990/OccupancyGrp/TotalAmt0307751
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01223
IRS990/OfficeExpensesGrp/ProgramServicesAmt04890
IRS990/OfficeExpensesGrp/TotalAmt06113
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherExpensesGrp/Desc0OTHER TAXES
IRS990/OtherExpensesGrp/Desc1FREIGHT
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3CREDIT CARD FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0378
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1576
IRS990/OtherExpensesGrp/ProgramServicesAmt0179562
IRS990/OtherExpensesGrp/ProgramServicesAmt1114687
IRS990/OtherExpensesGrp/ProgramServicesAmt258095
IRS990/OtherExpensesGrp/ProgramServicesAmt352077
IRS990/OtherExpensesGrp/TotalAmt0179940
IRS990/OtherExpensesGrp/TotalAmt1115263
IRS990/OtherExpensesGrp/TotalAmt258095
IRS990/OtherExpensesGrp/TotalAmt352077
IRS990/OtherLiabilitiesGrp/BOYAmt0153144
IRS990/OtherLiabilitiesGrp/EOYAmt010075
IRS990/OtherRevenueMiscGrp/Desc0PPP LOAN FOREGIVENESS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0146300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0146300
IRS990/OtherRevenueTotalAmt0146300
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0233300
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0515175
IRS990/OtherSalariesAndWagesGrp/TotalAmt0748475
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018361
IRS990/PayrollTaxesGrp/ProgramServicesAmt040546
IRS990/PayrollTaxesGrp/TotalAmt058907
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0C R SHEPHERD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SERVE AS A CONDUIT FOR SURPLUS INVENTORY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt044621
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08144385
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0332
IRS990/PYOtherExpensesAmt0994445
IRS990/PYOtherRevenueAmt0-4495963
IRS990/PYRevenuesLessExpensesAmt01944509
IRS990/PYSalariesCompEmpBnftPaidAmt0709800
IRS990/PYTotalExpensesAmt01704245
IRS990/PYTotalRevenueAmt03648754
IRS990/ReconcilationRevenueExpnssAmt0-3402307
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 9,016,008
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011851833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08144385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03933144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027827912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013498001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt065255275
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0185
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0185
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0517
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02889253
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02068596
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02179731
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02520276
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02247405
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011905261
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54530
IRS990ScheduleA/PublicSupportPY170Pct00.68590
IRS990ScheduleA/PublicSupportTotal170Amt042154241
IRS990ScheduleA/SubstantialContributorsTotAmt023101034
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011851833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08144385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03933144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027827912
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013498001
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt065255275
IRS990ScheduleA/TotalSupportAmt077306021
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0145300
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0145300
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/BuildingsGrp/BookValueAmt0852395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0196284
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01048679
IRS990ScheduleD/EquipmentGrp/BookValueAmt011655
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055912
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067567
IRS990ScheduleD/LandGrp/BookValueAmt0107895
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0107895
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028900
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051459
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt080359
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01000845
IRS990ScheduleD/TotalLiabilityAmt010075
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0145255
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt14500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt24500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0170000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt15000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt25000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN FROM C R SHEPHERD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1LOAN FROM TIM SHEPHERD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2LOAN FROM SUSAN WRIGHT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/TotalBalanceDueAmt0154255
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt015000
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt019
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt011428245
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SERVE AS A CONDUIT FOR SURPLUS INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DIFFERENCE IN VOTING RIGHTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 PROVIDED TO DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST IN HARD COPY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt026229557
IRS990/TotalAssetsEOYAmt022339701
IRS990/TotalAssetsGrp/BOYAmt026229557
IRS990/TotalAssetsGrp/EOYAmt022339701
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011851833
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0309597
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01486675
IRS990/TotalFunctionalExpensesGrp/TotalAmt01796272
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0651881
IRS990/TotalLiabilitiesEOYAmt0164330
IRS990/TotalLiabilitiesGrp/BOYAmt0651881
IRS990/TotalLiabilitiesGrp/EOYAmt0164330
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025577676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022175371
IRS990/TotalOtherProgSrvcExpenseAmt044621
IRS990/TotalProgramServiceExpensesAmt01486675
IRS990/TotalReportableCompFromOrgAmt0158494
IRS990/TotalRevenueGrp/ExclusionAmt0-13457868
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-1606035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt026229557
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022339701
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01250 FAIRVIEW DR
IRS990/USAddress/CityNm0BURLINGTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027215
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0RESOURCESEXCHANGEASSOCIATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0C R SHEPHERD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03362270000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESOURCES EXCHANGE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0RESO
ReturnHeader/Filer/EIN0541297868
ReturnHeader/Filer/PhoneNum03362270000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5008
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0272165008
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561678593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVE C DILLARD PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0704 W HARDEN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0272532160
ReturnHeader/PreparerPersonGrp/PhoneNum03362265195
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVE C DILLARD CPA
ReturnHeader/ReturnTs02023-01-31T11:26:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CLARENCE R
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHEPHERD
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$0.14$30.5$6.85$2.61$4.24
2023Summary only. Only limited summary data is available for this year.$26.4$0.14$26.3$4.24$2.28$1.95
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.2$0.26$23.9$3.63$2.07$1.56
2021Detailed filing. Detailed filing data is available for this year.$22.3$0.16$22.2$1.61$1.80$3.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$0.65$25.6$3.65$1.70$1.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.2$0.54$23.6$2.68$1.99$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.5$0.53$22.9$3.40$1.97$1.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.1$0.58$21.5$0.46$1.94$1.47
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$0.59$23.0$3.24$2.07$1.18
2015Detailed filing. Detailed filing data is available for this year.$22.4$0.59$21.8$4.48$1.73$2.75
2014Detailed filing. Detailed filing data is available for this year.$19.8$0.69$19.1$3.49$1.41$2.08
2013Summary only. Only limited summary data is available for this year.$17.7$0.72$17.0$4.08$1.76$2.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.3$0.61$14.7$1.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$0.72$12.5$1.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.6$0.53$65.1$1.31