Civic Intelligence

The Resource Exchange Inc

EIN 84-0532684 • 501(c)3 • Colorado Springs, CO

Pub. 78 Eligible

Profile

Advocating for independence and inclusion, tre partners with children and adults who have a variety of disabilities, delays, mental health or long-term care needs. We do this using a person-centered approach in coordinating care, promoting choices, and collaborating with community partners.

6385 Corporate Drive Suite 100Colorado Springs, CO 80919

www.tre.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.41x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.23x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

93rd percentile

45%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

48%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$22,125,396

Up $6,851,124 (+45%) from 2023

Liabilities

Up

$9,024,670

Up $933,865 (+12%) from 2023

Net Assets

Up

$13,100,726

Up $5,917,259 (+82%) from 2023

Revenue

Up

$39,336,275

Up $12,830,921 (+48%) from 2023

Expenses

Up

$33,337,785

Up $6,585,060 (+25%) from 2023

Net Income

Up

$5,998,490

Up $6,245,861 (+2525%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $4,892,518Liabilities 2010: $1,726,784Net Assets 2010: $3,165,7342010Assets 2011: $4,929,477Liabilities 2011: $1,561,330Net Assets 2011: $3,368,1472011Assets 2012: $5,043,055Liabilities 2012: $1,779,901Net Assets 2012: $3,263,1542012Assets 2013: $4,556,470Liabilities 2013: $1,742,758Net Assets 2013: $2,813,7122013Assets 2014: $5,279,577Liabilities 2014: $1,887,864Net Assets 2014: $3,391,7132014Assets 2015: $5,695,938Liabilities 2015: $2,167,172Net Assets 2015: $3,528,7662015Assets 2016: $5,693,030Liabilities 2016: $2,243,696Net Assets 2016: $3,449,3342016Assets 2017: $5,889,974Liabilities 2017: $2,771,979Net Assets 2017: $3,117,9952017Assets 2018: $14,134,321Liabilities 2018: $8,619,798Net Assets 2018: $5,514,5232018Assets 2019: $14,276,655Liabilities 2019: $8,269,535Net Assets 2019: $6,007,1202019Assets 2020: $19,154,730Liabilities 2020: $12,253,625Net Assets 2020: $6,901,1052020Assets 2021: $17,475,294Liabilities 2021: $7,658,027Net Assets 2021: $9,817,2672021Assets 2022: $16,726,849Liabilities 2022: $9,197,149Net Assets 2022: $7,529,7002022Assets 2023: $15,274,272Liabilities 2023: $8,090,805Net Assets 2023: $7,183,4672023Assets 2024: $22,125,396Liabilities 2024: $9,024,670Net Assets 2024: $13,100,7262024

Highlighted filing

2024

Assets$22,125,396
Liabilities$9,024,670
Net Assets$13,100,726

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $10,445,0082010Expenses 2011: $10,210,1352011Expenses 2012: $10,881,9952012Revenue 2013: $11,042,719Expenses 2013: $11,557,561Net Income 2013: -$514,8422013Revenue 2014: $12,932,533Expenses 2014: $12,446,429Net Income 2014: $486,1042014Revenue 2015: $15,190,932Expenses 2015: $15,012,354Net Income 2015: $178,5782015Revenue 2016: $17,143,138Expenses 2016: $17,216,877Net Income 2016: -$73,7392016Revenue 2017: $19,201,313Expenses 2017: $19,532,652Net Income 2017: -$331,3392017Revenue 2018: $24,478,834Expenses 2018: $21,961,838Net Income 2018: $2,516,9962018Revenue 2019: $21,944,470Expenses 2019: $21,311,732Net Income 2019: $632,7382019Revenue 2020: $26,404,347Expenses 2020: $25,440,713Net Income 2020: $963,6342020Revenue 2021: $25,981,302Expenses 2021: $23,028,028Net Income 2021: $2,953,2742021Revenue 2022: $22,135,532Expenses 2022: $24,200,952Net Income 2022: -$2,065,4202022Revenue 2023: $26,505,354Expenses 2023: $26,752,725Net Income 2023: -$247,3712023Revenue 2024: $39,336,275Expenses 2024: $33,337,785Net Income 2024: $5,998,4902024

Highlighted filing

2024

Revenue$39,336,275
Expenses$33,337,785
Net Income$5,998,490

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.1$9.02$13.1$39.3$33.3$6.00
2023Detailed filing. Detailed filing data is available for this year.$15.3$8.09$7.18$26.5$26.8$0.25
2022Detailed filing. Detailed filing data is available for this year.$16.7$9.20$7.53$22.1$24.2$2.07
2021Detailed filing. Detailed filing data is available for this year.$17.5$7.66$9.82$26.0$23.0$2.95
2020Detailed filing. Detailed filing data is available for this year.$19.2$12.3$6.90$26.4$25.4$0.96
2019Detailed filing. Detailed filing data is available for this year.$14.3$8.27$6.01$21.9$21.3$0.63
2018Detailed filing. Detailed filing data is available for this year.$14.1$8.62$5.51$24.5$22.0$2.52
2017Detailed filing. Detailed filing data is available for this year.$5.89$2.77$3.12$19.2$19.5$0.33
2016Detailed filing. Detailed filing data is available for this year.$5.69$2.24$3.45$17.1$17.2$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.70$2.17$3.53$15.2$15.0$0.18
2014Detailed filing. Detailed filing data is available for this year.$5.28$1.89$3.39$12.9$12.4$0.49
2013Summary only. Only limited summary data is available for this year.$4.56$1.74$2.81$11.0$11.6$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$1.78$3.26$10.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$1.56$3.37$10.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$1.73$3.17$10.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$40,837,972
Mission and Program Overview

Mission

Advocating for independence and inclusion, tre partners with children and adults who have a variety of disabilities, delays, mental health or long-term care needs. We do this using a person-centered approach in coordinating care, promoting choices, and collaborating with community partners.

Advocating for independence and inclusion, the resource exchange partners with children and adults who have a variety of disabilities, delays, mental health or long-term care needs. We do this using a person-centered approach in coordinating care, promoting choices, and collaborating with community partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,688,606$8,628,743▼ $59,863
Accounts Receivable$4,442,438$5,984,597▲ $1,542,159
Savings and Temporary Cash Investments$376,068$5,770,317▲ $5,394,249
Investments in Publicly Traded Securities$573,533$611,331▲ $37,798
Cash and Non-Interest-Bearing Accounts$783,201$337,241▼ $445,960
Prepaid Expenses and Deferred Charges$207,408$242,206▲ $34,798
Total Assets$15,274,272$22,125,396▲ $6,851,124
Other Assets Total$203,018$550,961▲ $347,943
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,099,527$4,934,940▼ $164,587
Accounts Payable and Accrued Expenses$2,185,913$3,139,244▲ $953,331
Other Liabilities$203,018$550,961▲ $347,943
Deferred Revenue$602,347$399,525▼ $202,822
Total Liabilities$8,090,805$9,024,670▲ $933,865
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,125,273$13,047,406▲ $5,922,133
Net Assets With Donor Restrictions$58,194$53,320▼ $4,874
Total Net Assets Fund Balance$7,183,467$13,100,726▲ $5,917,259
Total Liabilities and Net Assets / Fund Balance$15,274,272$22,125,396▲ $6,851,124

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,063,299$2,867,673$9,930,972
Leasehold Improvements$817,929$211,278$1,029,207
Land$675,690-$675,690
Equipment$71,825$542,324$614,149
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Colleen Head BatchelorCEOFT$183,907$14,864$198,771
Heather WhitworthCFOFT$156,569$11,172$167,741
Bernard ByersBoard Member--$1,264$1,264
Dave PaulBoard Member--$1,264$1,264
Emerald DoyleBoard Member--$1,264$1,264
George MentzBoard Member--$1,264$1,264
Heidi BrandonBoard Member--$1,264$1,264
Jennifer ThorntonBoard Member--$1,264$1,264
Jessie MartinezTreasurer--$1,264$1,264
Laurie HuisinghSecretary--$1,264$1,264
Lois LandgrafChair--$1,264$1,264
Megan BillesbachBoard Member--$1,264$1,264
Patrick DavisVice Chair--$1,264$1,264
Sarah Brittain JackBoard Member--$1,264$1,264
Sharon ThompsonBoard Member--$1,264$1,264
Traci MarquesBoard Member--$1,264$1,264

Highest Paid Contractors

ContractorServicesLocationCompensation
Wipfli LLPIt ServicesPO BOX 3160, Milwaukee, WI 53201$1,531,138
People 20 GlobalTemp StaffingPO BOX 31001-1288, Pasadena, CA 91110$192,272
Kantime SoftwareSoftware101 E PARK BLVD SUITE 821, Plano, TX 75074$135,636
Revenue and Support

Revenue Composition

Contributions and Grants
$9,006,366
Program Service Revenue
$30,693,976
Investment Income
$91,969
Other Revenue
$-456,036
All Other Contributions
$800,245
Change in Net Assets
$5,998,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$26,832,565
Other Expenses$6,505,220
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,063,377$1,356,551-$22,419,928
Fees for Services Other$2,964,850$36,026-$3,000,876
Payroll Taxes$1,793,825$132,561-$1,926,386
Other Employee Benefits$1,263,413$232,287-$1,495,700
Office Expenses$1,331,055$43,016-$1,374,071
Current Officers, Directors, Trustees, and Key Employees$356,487$385,981-$742,468
Pension Plan Contributions$232,263$15,820-$248,083
Travel$241,761$4,966-$246,727
Depreciation Depletion$170,128$25,516-$195,644
Occupancy$139,248$22,436-$161,684
Conferences and Meetings$39,809$92,976-$132,785
Other Expenses$60,918$48,802-$109,720
Insurance$57,619$36,301-$93,920
Fees for Services Legal-$20,622-$20,622
Interest$15,000$1,098-$16,098
Total Functional Expenses$30,590,077$2,747,708$0$33,337,785
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Heidi BrandonBoard MemberEligible ConsumerNo$10,000
Dave PaulBoard MemberChild Elig ConsumerNo-
Emerald DoyleBoard MemberEligible ConsumerNo-
Laurie HuisinghBoard MemberChild Elig ConsumerNo-
Lois LandgrafBoard MemberChild Elig ConsumerNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$550,961
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 will be presented to the finance committee and made available to the board before filing.

Form 990, Page 6, Part VI, Line 12C

Officers, directors and key employees are required to sign annually whether or not any conflicts of interest exist.

Form 990, Page 6, Part VI, Line 15A

Comparable data was provided by 3rd party sources and 990s of similar organizations were reviewed and approval given by the finance committee.

Form 990, Page 6, Part VI, Line 15B

Comparable data was provided by 3rd party sources and 990s of similar organizations were reviewed and approval given by the finance committee.

Form 990, Page 6, Part VI, Line 19

Written request is required for governing documents and conflict of interest policy. Financial statements are available on our website.

Filing and Contact Details

Filer

Filer Name
The Resource Exchange Inc
EIN
84-0532684
Phone
7193801100
Address
6385 CORPORATE DRIVE SUITE 100, COLORADO SPRINGS, CO 80919

Signing Officer

Name
Heather Whitworth
Title
CFO
Phone
7193801100
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Colleen Head Batchelor
Formed
1964
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
9
Employees
498
Volunteers
75

Preparer

Firm
Logan Thomas & Johnson LLC
Address
413 WILCOX ST SUITE 204, CASTLE ROCK, CO 80104-2477
Preparer
Jan Thomas
Phone
3036631400
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Advocating for independence and inclusion, the resource exchange partners with children and adults who have a variety of disabilities, delays, mental health or long-term care needs. We do this using a person-centered approach in coordinating care, promoting choices, and collaborating with community partners.

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

Early intervention (ei) provides developmental supports and services to children birth to 3 years of age who have a significant developmental delay and their families. Tre provides services such as speech, physical and occupational therapy, developmental intervention, vision and audiological services and psychological/social emotional services. Services are provided at no cost to families. More than 30% of children receiving services through this program will graduate and not require additional special supports for the rest of their lives. Early childhood services expansion provides a variety of early childhood mental health (ecmh) supports and services to build strong social emotional development in young children 0-8 years of age and enhance the capacity of parents and other caregivers to effectively support their childrens development. Ecmh focuses on tiered supports to address promotion of social emotional development, prevention of risk factors for behavior and social emotional challenges, and intervention for children already experiencing challenges and their families. Ecmh served more than 2,879 children and caregivers in fy24.

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

Childrens extensive support intended to provide needed services and supports to eligible children under the age of eighteen years in order for the children to remain in or return to the family home. Services are targeted to children having extensive support needs, which require constant line-of-sight supervision due to significantly challenging behaviors and/or coexisting medical conditions. Available services include personal assistance, household modification, specialized medical equipment and supplies, professional services and community connection services. The number of consumers provided services was 1,092. Expenses: 85,939 revenue: 103,432 family support and services program (fssp) provides service coordination and supports individuals birth through adulthood who have an intellectual developmental disability or delay and live with a family member. Tre assists with locating and accessing resources, providing funding to obtain necessary services and items to support maintaining the individual in the family home, and direct services to help the individual stay connected in the community, such as support at individualized educational plan or guardianship meetings. The number of consumers provided services was 641. Expenses: 595,118 revenue: 643,851 comprehensive services are designed for adults with developmental disabilities who need more intensive supervision and assistance in their daily lives. People in this program live on their own, in a host home with a family or individual who cares for the person in their home, or a group home run by a service agency. Comprehensive services are designed to help each person achieve the goals they set for themselves. The number of consumers provided services was 1,666. Expenses: 409,832 revenue: 396,821

Form 990, Part XI, Line 9

Rental expense 1,501,697 rental expense -1,501,697 depreciation difference in gaap and tax -119,029 total -119,029

Financial Statement Notes

Schedule D, Page 3, Part X

The center is operated as a nonprofit organization exempt from federal income tax under section 501(c)(3) of the internal revenue code. The center recognizes tax liabilities when, despite the center's belief that its tax return positions are supportable, the center believes that certain positions may not be fully sustained upon review by tax authorities. Benefits from tax positions are measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. The center has recorded no estimated tax payment as of june 30, 2024. The center is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. The center believes it is no longer subject to income tax examinations for the years prior to the year ended june 30, 2021.

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IRS990/MissionDesc0ADVOCATING FOR INDEPENDENCE AND INCLUSION, THE RESOURCE EXCHANGE PARTNERS WITH CHILDREN AND ADULTS WHO HAVE A VARIETY OF DISABILITIES, DELAYS, MENTAL HEALTH OR LONG-TERM CARE NEEDS. WE DO THIS USING A PERSON-CENTERED APPROACH IN COORDINATING CARE, PROMOTING CHOICES, AND COLLABORATING WITH COMMUNITY PARTNERS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORTED LIVING SERVICES IS A PROGRAM FOR ADULTS WITH DEVELOPMENTAL DISABILITIES THAT ENABLE A PERSON TO REMAIN IN CONTROL OF HIS OR HER OWN LIVING ARRANGEMENTS AND BE INCLUDED IN THEIR COMMUNITY. THE PARTICIPANT CHOOSES WHERE THEY LIVE, WORK, AND PLAY, WHO SUPPORTS THEM AND WHAT TYPE OF SUPPORTS THEY NEED. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,331.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SERVICE COORDINATION, OR CASE MANAGEMENT AS IT IS COMMONLY CALLED, IS AN INDIVIDUALLY CENTERED, FAMILY AND COMMUNITY-FOCUSED SERVICE IN WHICH PROGRAMS AND RESOURCES ARE COORDINATED TO ENHANCE PEOPLES LIVES AND BUILD INDEPENDENCE. SERVICE COORDINATORS NAVIGATE AN ARRAY OF SUPPORTS THAT ARE AVAILABLE FOR INDIVIDUALS, HOW TO BECOME ELIGIBLE, AND HOW TO REQUEST AND ACCESS SERVICES. THE GOAL OF SERVICE COORDINATION IS TO ASSURE THAT NECESSARY SERVICES ARE PROVIDED EFFECTIVELY AND EFFICIENTLY THROUGH ESTABLISHING MEANINGFUL RELATIONSHIPS WITH EACH INDIVIDUAL, THEIR FAMILY, AND THE COMMUNITY IN WHICH THEY LIVE, WORK, AND PLAY. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 8,872.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CHILDRENS EXTENSIVE SUPPORT INTENDED TO PROVIDE NEEDED SERVICES AND SUPPORTS TO ELIGIBLE CHILDREN UNDER THE AGE OF EIGHTEEN YEARS IN ORDER FOR THE CHILDREN TO REMAIN IN OR RETURN TO THE FAMILY HOME. SERVICES ARE TARGETED TO CHILDREN HAVING EXTENSIVE SUPPORT NEEDS, WHICH REQUIRE CONSTANT LINE-OF-SIGHT SUPERVISION DUE TO SIGNIFICANTLY CHALLENGING BEHAVIORS AND/OR COEXISTING MEDICAL CONDITIONS. AVAILABLE SERVICES INCLUDE PERSONAL ASSISTANCE, HOUSEHOLD MODIFICATION, SPECIALIZED MEDICAL EQUIPMENT AND SUPPLIES, PROFESSIONAL SERVICES AND COMMUNITY CONNECTION SERVICES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,092. EXPENSES: 85,939 REVENUE: 103,432 FAMILY SUPPORT AND SERVICES PROGRAM (FSSP) PROVIDES SERVICE COORDINATION AND SUPPORTS INDIVIDUALS BIRTH THROUGH ADULTHOOD WHO HAVE AN INTELLECTUAL DEVELOPMENTAL DISABILITY OR DELAY AND LIVE WITH A FAMILY MEMBER. TRE ASSISTS WITH LOCATING AND ACCESSING RESOURCES, PROVIDING FUNDING TO OBTAIN NECESSARY SERVICES AND ITEMS TO SUPPORT MAINTAINING THE INDIVIDUAL IN THE FAMILY HOME, AND DIRECT SERVICES TO HELP THE INDIVIDUAL STAY CONNECTED IN THE COMMUNITY, SUCH AS SUPPORT AT INDIVIDUALIZED EDUCATIONAL PLAN OR GUARDIANSHIP MEETINGS. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 641. EXPENSES: 595,118 REVENUE: 643,851 COMPREHENSIVE SERVICES ARE DESIGNED FOR ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NEED MORE INTENSIVE SUPERVISION AND ASSISTANCE IN THEIR DAILY LIVES. PEOPLE IN THIS PROGRAM LIVE ON THEIR OWN, IN A HOST HOME WITH A FAMILY OR INDIVIDUAL WHO CARES FOR THE PERSON IN THEIR HOME, OR A GROUP HOME RUN BY A SERVICE AGENCY. COMPREHENSIVE SERVICES ARE DESIGNED TO HELP EACH PERSON ACHIEVE THE GOALS THEY SET FOR THEMSELVES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,666. EXPENSES: 409,832 REVENUE: 396,821
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt05482
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt05482

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