Civic Intelligence

Exchange Events Inc

EIN 87-2209004 • 501(c)3 • Kent, CT

Profile

Exchange events inc. Produces educational events and conferences to educate the national and international mental health, wellness, and recovery community.

PO Box 607 62 Carter RoadKent, CT 06757

theglobalexchangeconference.com

Siviq Scores

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

Liabilities / Assets

100th percentile

61.06x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

2.92x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-79%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$571,403

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 21.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

3rd percentile

-71%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$128,042

Down $317,679 (-71%) from 2023

Liabilities

Up

$7,818,475

Up $1,794,778 (+30%) from 2023

Net Assets

Down

-$7,690,433

Down $2,112,457 (-38%) from 2023

Revenue

Down

$2,679,281

Down $2,064,810 (-44%) from 2023

Expenses

Down

$4,791,738

Down $1,884,288 (-28%) from 2023

Net Income

Down

-$2,112,457

Down $180,522 (-9.3%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0M-$10MAssets 2021: $618,914Liabilities 2021: $982,817Net Assets 2021: -$363,9032021Assets 2022: $735,663Liabilities 2022: $4,381,704Net Assets 2022: -$3,646,0412022Assets 2023: $445,721Liabilities 2023: $6,023,697Net Assets 2023: -$5,577,9762023Assets 2024: $128,042Liabilities 2024: $7,818,475Net Assets 2024: -$7,690,4332024

Highlighted filing

2024

Assets$128,042
Liabilities$7,818,475
Net Assets-$7,690,433

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2021: $298,450Expenses 2021: $662,353Net Income 2021: -$363,9032021Revenue 2022: $3,261,025Expenses 2022: $6,543,163Net Income 2022: -$3,282,1382022Revenue 2023: $4,744,091Expenses 2023: $6,676,026Net Income 2023: -$1,931,9352023Revenue 2024: $2,679,281Expenses 2024: $4,791,738Net Income 2024: -$2,112,4572024

Highlighted filing

2024

Revenue$2,679,281
Expenses$4,791,738
Net Income-$2,112,457

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$2,679,281
Mission and Program Overview

Mission

Exchange events inc. Produces educational events and conferences to educate the national and international mental health, wellness, and recovery community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$248,573$0▼ $248,573
Prepaid Expenses and Deferred Charges$97,396$92,338▼ $5,058
Cash and Non-Interest-Bearing Accounts$99,752$35,704▼ $64,048
Total Assets$445,721$128,042▼ $317,679
Liabilities
Other Liabilities$5,251,437$7,719,888▲ $2,468,451
Accounts Payable and Accrued Expenses$772,260$98,587▼ $673,673
Total Liabilities$6,023,697$7,818,475▲ $1,794,778
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-5,577,976$-7,690,433▼ $2,112,457
Total Net Assets Fund Balance$-5,577,976$-7,690,433▼ $2,112,457
Total Liabilities and Net Assets / Fund Balance$445,721$128,042▼ $317,679
Compensation and Service Providers

Board Members and Trustees

NameTitle
John WestChairman
Andrew RobertsCEO / President
Robert BerryVice Chair
Barbara BroccoliDirector
Chris MosunicDirector
Jason SchiffmanDirector
Solla EiriksdottirDirector
Chengtao Todd YuCFO (eff 1.1.25)
Derek TranzilloCFO (thru 12.31.24)
Jerome W Schwab IiiFormer CEO

Highest Paid Contractors

ContractorServicesLocationCompensation
Walt Disney Swan And DolphinHotel Bookings And Conference Fees1200 EPCOT RESORTS BLVD, Lake Buensa Vista, FL 32830$2,823,117
Northern Fox ProductSpeaker FeesC/O PBSM LLP 16030 VENTURA BLVD 3, Encino, CA 91436$330,000
Beyond MarketingAudio And Visual11330 BRIDGE HOUSE RD, Windemere, FL 34786$302,216
Disney Destinations LLCHotel Bookings And Conference Fees1500 EPCOT RESORTS BLVD, Lake Buena Vista, FL 32830$155,134
Red Rocket StudiosMarketing Exchange Conference600 TRIUMPH CT, Orlando, FL 32805$152,628
Revenue and Support

Revenue Composition

Contributions and Grants
$1,143,408
Program Service Revenue
$1,535,770
Investment Income
$103
Other Revenue
$0
All Other Contributions
$1,143,408
Change in Net Assets
$-2,112,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,791,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$3,573,622--$3,573,622
Fees for Services Other$574,650$204,425-$779,075
Advertising$257,051--$257,051
Travel$49,483$17,603-$67,086
Office Expenses$52,819$10,151-$62,970
Fees for Services Legal$38,059$13,539-$51,598
Other Expenses$336--$336
Total Functional Expenses$4,546,020$245,718$0$4,791,738
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$7,719,888
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

THERE ARE NO COMMITTEES.

Form 990, Part VI, Section B, Line 11B

Management reviews the irs form 990 prior to filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Exchange Events Inc
EIN
87-2209004
Phone
8609273772
Address
PO BOX 607 62 CARTER ROAD, KENT, CT 06757

Signing Officer

Name
Chengtao Todd Yu
Title
Chief Financial Officer
Phone
8609273772
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chengtao Todd Yu
Formed
2021
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Whittlesey Pc
Address
280 TRUMBULL ST 24TH FL, HARTFORD, CT 06103
Preparer
Thomas Dowling
Phone
8605223111
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside consultants to organize conferences: program service expenses 574,650. Management and general expenses 204,425. Fundraising expenses 0. Total expenses 779,075.

Form 990, Part XII, Line 2C

The process did not change from prior year.

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IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1EXHIBITOR REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANOUS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0908981
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1622704
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0908981
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1622704
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24085
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01717827
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt099
IRS990/PYOtherExpensesAmt06676026
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03026165
IRS990/PYRevenuesLessExpensesAmt0-1931935
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06676026
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04744091
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-2112457
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01535770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01143408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01717827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01785601
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0298443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04945279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0327
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06053023
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt04945279
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01143408
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01717827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01785601
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0298443
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04945279
IRS990ScheduleA/TotalSupportAmt04945606
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07719888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt07719888
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/FirstClassOrCharterTravelInd0X
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1130000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0548076
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1273654
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2365385
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt135274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt238337
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt023327
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt117746
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt224723
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt131372
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt224138
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEROME W SCHWAB III
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DEREK TRANZILLO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ANDREW ROBERTS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO (THRU 12.31.24)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CEO / PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0571403
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1488046
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2452583
IRS990ScheduleJ/SeverancePaymentInd01
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0JEROME W. SCHWAB RECEIVED A SEVERANCE AGREEMENT UNDER WHICH HE IS TO RECEIVE HIS BASE SALARY FOR A PERIOD OF EIGHTEEN MONTHS, A GROSS AMOUNT OF $750,000.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00

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