Civic Intelligence

Exchanged Life Ministries Inc.

990 • Fiscal year 2018 • EIN 84-1027265

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

7350 E Progress PlaceGreenwood Village, CO 80111

(303) 770-5433

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$47,537

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-25%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$196,078

Down $35,406 (-15%) from 2017

Net Assets

Down

$195,606

Down $35,620 (-15%) from 2017

Liabilities

Up

$472

Up $214 (+83%) from 2017

Revenue

Down

$235,590

Down $76,600 (-25%) from 2017

Expenses

Down

$271,311

Down $77,379 (-22%) from 2017

Net Income

Up

-$35,721

Up $779 (+2.1%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $361,342Liabilities 2011: $0Net Assets 2011: $361,3422011Assets 2012: $452,878Liabilities 2012: $0Net Assets 2012: $452,8782012Assets 2013: $444,363Liabilities 2013: $0Net Assets 2013: $444,3632013Assets 2014: $426,420Liabilities 2014: $0Net Assets 2014: $426,4202014Assets 2015: $324,373Liabilities 2015: $0Net Assets 2015: $324,3732015Assets 2016: $268,631Liabilities 2016: $905Net Assets 2016: $267,7262016Assets 2017: $231,484Liabilities 2017: $258Net Assets 2017: $231,2262017Assets 2018: $196,078Liabilities 2018: $472Net Assets 2018: $195,6062018Assets 2019: $210,204Liabilities 2019: $2,765Net Assets 2019: $207,4392019Assets 2020: $296,739Liabilities 2020: $55,890Net Assets 2020: $240,8492020Assets 2021: $326,005Liabilities 2021: $49,146Net Assets 2021: $276,8592021Assets 2022: $329,898Liabilities 2022: $49,314Net Assets 2022: $280,5842022Assets 2023: $343,014Liabilities 2023: $48,128Net Assets 2023: $294,8862023Assets 2024: $337,032Liabilities 2024: $46,979Net Assets 2024: $290,0532024

Highlighted filing

2018

Assets$196,078
Liabilities$472
Net Assets$195,606

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $340,747Expenses 2011: $429,890Net Income 2011: -$89,1432011Revenue 2012: $416,849Expenses 2012: $389,544Net Income 2012: $27,3052012Revenue 2013: $321,629Expenses 2013: $347,557Net Income 2013: -$25,9282013Revenue 2014: $423,881Expenses 2014: $420,686Net Income 2014: $3,1952014Revenue 2015: $412,010Expenses 2015: $514,057Net Income 2015: -$102,0472015Revenue 2016: $404,964Expenses 2016: $461,611Net Income 2016: -$56,6472016Revenue 2017: $312,190Expenses 2017: $348,690Net Income 2017: -$36,5002017Revenue 2018: $235,590Expenses 2018: $271,311Net Income 2018: -$35,7212018Revenue 2019: $175,496Expenses 2019: $163,643Net Income 2019: $11,8532019Revenue 2020: $173,835Expenses 2020: $130,392Net Income 2020: $43,4432020Revenue 2021: $182,095Expenses 2021: $183,630Net Income 2021: -$1,5352021Revenue 2022: $218,530Expenses 2022: $174,227Net Income 2022: $44,3032022Revenue 2023: $173,368Expenses 2023: $187,265Net Income 2023: -$13,8972023Revenue 2024: $153,409Expenses 2024: $186,486Net Income 2024: -$33,0772024

Highlighted filing

2018

Revenue$235,590
Expenses$271,311
Net Income-$35,721
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$235,590
Mission and Program Overview

Mission

We exist to equip and train the Christian Community and those in vocational ministry to effectively handle the pressures, circumstances and relationships of life. This is accomplished through conferences, workshops, training and discipleship.

We exist to equip and train the Christian community and those in vocational ministry to effectively handle the pressures, circumstances and relationships of life. This is accomplished through conferences, workshops, training, discipleship, and encouragment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$231,226$195,606▼ $35,620
Investments in Publicly Traded Securities$214,963$188,238▼ $26,725
Savings and Temporary Cash Investments$8,949$3,447▼ $5,502
Cash and Non-Interest-Bearing Accounts$4,012$833▼ $3,179
Inventories for Sale or Use$391$391→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$231,484$196,078▼ $35,406
Other Assets Total$3,169$3,169→ $0
Liabilities
Accounts Payable and Accrued Expenses$258$472▲ $214
Total Liabilities$258$472▲ $214
Net Assets / Fund Balance
Total Net Assets Fund Balance$231,226$195,606▼ $35,620
Total Liabilities and Net Assets / Fund Balance$231,484$196,078▼ $35,406
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike RoncagliaChairmanFT$25,337$22,200$47,537
Lee LeFebreDirectorPT$9,592$17,515$27,107

Board Members and Trustees

NameTitle
Dale KappDirector
Jared PhiferDirector
BJ StewartSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$220,103
Program Service Revenue
$23,766
Investment Income
$-8,279
Other Revenue
$0
All Other Contributions
$220,103
Change in Net Assets
$-35,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$194,400
Other Expenses$76,911
Total Fundraising Expense$27,130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,983$11,196$7,465$74,644
Other Salaries and Wages$55,867$11,173$7,449$74,489
Other Employee Benefits$33,950$6,790$4,527$45,267
Occupancy$31,044$6,209$4,139$41,392
Fees for Services Other$6,411$1,282$855$8,548
Travel$4,130$826$550$5,506
All Other Expenses$3,390$677$452$4,519
Fees for Services Accounting$2,913$583$388$3,884
Conferences and Meetings$2,510$502$334$3,346
Other Expenses$1,475$295$196$1,966
Insurance$410$82$54$546
Total Functional Expenses$203,486$40,695$27,130$271,311
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the 990 and summary are submitted to the board members for review. There is time to answer questions to ensure that the board understands the information and authorizes the filing of the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The officers are required to report to the organization immediately if any potential conflict of interest should arise. They are asked in writing at least once annually if that status has changed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Officer's salaries are set and approved by the board and stated in the minutes.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

A policy manual that includes the conflict of interest policy, governing documents, financial statements, and recent 990s are available by requesting to see it at the front desk.

Filing and Contact Details

Filer

Filer Name
Exchanged Life Ministries
EIN
84-1027265
Phone
3037705433
Address
7350 E Progress Place, Greenwood Village, CO 80111

Signing Officer

Name
Mike Roncaglia
Title
Chairman
Signed
2019-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Clergy Advantage
Address
2093 E 11th Street Ste 200, Loveland, CO 80537
Preparer
Chuck Trimble CPA
Phone
9706675819
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IRS990/ProgramServiceRevenueGrp/Desc4Workshops
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02477
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11410
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21488
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316816
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41575
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316816
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41575
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IRS990/PYContributionsGrantsAmt0233049
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021191
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0171984
IRS990/PYProgramServiceRevenueAmt057950
IRS990/PYRevenuesLessExpensesAmt0-36500
IRS990/PYSalariesCompEmpBnftPaidAmt0176706
IRS990/PYTotalExpensesAmt0348690
IRS990/PYTotalRevenueAmt0312190
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0231226
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0195606
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08949
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03447
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0220103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0233049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0332725
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0383179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0289085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01458141
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-8279
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021191
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016473
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt023766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt057950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt055766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt056140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0237035
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-8279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016473
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IRS990ScheduleA/InvestmentIncomeCYPct00.01700
IRS990ScheduleA/InvestmentIncomePYPct00.02120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98300
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0426592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0345225
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0404964
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0426592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0345225
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01724561
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
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the 990 and summary are submitted to the board members for review. There is time to answer questions to ensure that the board understands the information and authorizes the filing of the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The officers are required to report to the organization immediately if any potential conflict of interest should arise. They are asked in writing at least once annually if that status has changed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Officer's salaries are set and approved by the board and stated in the minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A policy manual that includes the conflict of interest policy, governing documents, financial statements, and recent 990s are available by requesting to see it at the front desk.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0231484
IRS990/TotalAssetsEOYAmt0196078
IRS990/TotalAssetsGrp/BOYAmt0231484
IRS990/TotalAssetsGrp/EOYAmt0196078
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0220103
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027130
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040695
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203486
IRS990/TotalFunctionalExpensesGrp/TotalAmt0271311
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258
IRS990/TotalLiabilitiesEOYAmt0472

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.37$0.47$2.90$1.53$1.86$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.48$2.95$1.73$1.87$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.30$0.49$2.81$2.19$1.74$0.44
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.49$2.77$1.82$1.84$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.97$0.56$2.41$1.74$1.30$0.43
2019Detailed filing. Detailed filing data is available for this year.$2.10$0.03$2.07$1.75$1.64$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$2.36$2.71$0.36
2017Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$3.12$3.49$0.37
2016Detailed filing. Detailed filing data is available for this year.$2.69$0.01$2.68$4.05$4.62$0.57
2015Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$4.12$5.14$1.02
2014Summary only. Only limited summary data is available for this year.$4.26$0.00$4.26$4.24$4.21$0.03
2013Summary only. Only limited summary data is available for this year.$4.44$0.00$4.44$3.22$3.48$0.26
2012Summary only. Only limited summary data is available for this year.$4.53$0.00$4.53$4.17$3.90$0.27
2011Summary only. Only limited summary data is available for this year.$3.61$0.00$3.61$3.41$4.30$0.89