The Giving Exchange provides business training and seed capital that equip local leaders to start and run self-sustainable microenterprises benefiting their community.

501(c)(3) charity; gifts are tax-deductible.
40¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $236K a year · 38% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
40%
of spending
Concern: 40% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$100K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Plus $1.3M in investments, Pt X · Ln 11–13
Looks good: 12.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $540K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$679K
+44% vs prior year
Spent
$450K
To programs
40%
Net assets
$1.8M
By yearFY2021–FY2025
Revenue
$679K
FY2023▲ +44%
Tap a bar for its year
Revenue by fiscal year
FY2021$330K
FY2022$471K
FY2023$679K
FY2024$815K
FY2025$842K
Expenses
$450K
FY2023▲ +56%
Tap a bar for its year
Expenses by fiscal year
FY2021$163K
FY2022$288K
FY2023$450K
FY2024$511K
FY2025$547K
Net assets
$1.8M
FY2023▲ +218%
Tap a bar for its year
Net assets by fiscal year
FY2021$368K
FY2022$551K
FY2023$1.8M
FY2024$2.1M
FY2025$2.4M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

40 cents of each dollar spent went to programs.

Program services 40% · $182K Management & general 46% · $209K Fundraising 13% · $59K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $100K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$100,000Pt VII · Sec A
Director / Co-Founder Pres
$0Pt VII · Sec A
Director & Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Ming Richie’s $106K as Executive Director is at the 85th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Ming Richie$106,090$103,000$100,000$100,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Giving Exchange executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Partners with communities to implement self-sustaining projects.

Questions for The Giving Exchange

Tap to ask. The Giving Exchange sees how many people are interested.

Your first name shows with your question. The Giving Exchange answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $182K · in their own filed words · FY2023
01

Skills and Business Trainings

These programs in kenya and uganda provide comprehensive vocational training and entrepreneurship education to underserved communities. Through these initiatives, participants gain valuable skills in areas such as tailoring, jewelry making, and bar soap making, coupled with training in business management and marketing.

$110Kprogram expense
02

Animal Rearing and Agricultural Enterprise

These programs in kenya, uganda and zimbabwe provide training and resources to farmers, empowering them to enhance food security, increase agricultural productivity, and improve livelihoods.

$40Kprogram expense
03

Direct Support

These are our "heart" projects that have been an important part of our work since our inception, even as our mission has been focused on the self-sustaining, income-generating programs listed above.

$32Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$679K
Ln 12
Gifts and grantsLn 1h$641K
Investment incomeLn 3$48K
Money outPt IX
$450K
Ln 25
Programscol B$182K
Managementcol C$209K
Fundraisingcol D$59K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$459K
Total assetsLn 16$1.8M
LiabilitiesLn 26$4K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$641K
Investment incomeLn 3$48K
Gains on assetsLn 7$33K
Total revenueLn 12$679K
Assets in detailPt X, end of year
CashLn 1$459K
Cash and savings togetherLn 1–2$459K
InvestmentsLn 11–13$1.3M
Total assetsLn 16$1.8M
LiabilitiesLn 26$4K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 52
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$349K$459K
InvestmentsLn 11–13$202K$1.3M
Total assetsLn 16$551K$1.8M
LiabilitiesLn 26$0$4K
Net assetsLn 32$551K$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$182K$182K
Pay of current officers, directors and key staffLn 5$90K$90K
Payroll taxesLn 10$8K$8K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$996$996
InsuranceLn 23$485$485
Other expenses (24a–d)Ln 24$166K$107K$59K
Total functional expensesLn 25$450K$182K$209K$59K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $842K$547K$295K$2.4M 990 PDF
FY2024 $815K$511K$304K$2.1M 990 PDF
FY2023 Viewing $679K$450K$229K$1.8M 990 PDF
FY2022 $471K$288K$183K$551K 990 PDF
FY2021 $330K$163K$167K$368K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $679,054 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $446,470$640,673
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $28,636$47,732
I-11 Other revenuePrior year −$3,838−$9,351
I-12 Total revenuePrior year $471,268$679,054
I-13 Grants and similar amounts paidPrior year $73,548$181,525
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$97,695
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $214,426$170,582
I-18 Total expensesPrior year $287,974$449,802
I-19 Revenue less expensesPrior year $183,294$229,252
Part VI · Governance 5 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $679,054 across 6 lines filed
VIII-1f All other contributions, gifts and grants$640,673
VIII-1h Total contributions, gifts and grants$640,673
VIII-3 Investment incomeExcluded from tax $14,474$14,474
VIII-7 Net gain or loss on sales of assetsExcluded from tax $33,258$33,258
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$9,351−$9,351
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $38,381$679,054
Part IX · Statement of functional expenses $449,802 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $181,525$181,525
IX-5 Pay of current officers, directors and key staffManagement $90,000$90,000
IX-10 Payroll taxesManagement $7,695$7,695
IX-11g Other fees for servicesManagement $3,354$3,354
IX-12 Advertising and promotionManagement $996$996
IX-23 InsuranceManagement $485$485
IX-24 Other expenses (24a–d)Management $106,554 · Fundraising $59,193$165,747
IX-25 Total functional expensesPrograms $181,525 · Management $209,084 · Fundraising $59,193$449,802
Part X · Balance sheet $1,757,355 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $349,171$458,732
X-11 Publicly traded securitiesStart of year $201,936$1,298,623
X-16 Total assetsStart of year $551,107$1,757,355
X-25 Other liabilitiesStart of year $0$3,795
X-26 Total liabilitiesStart of year $0$3,795
X-32 Total net assets or fund balancesStart of year $551,107$1,753,560
X-33 Total liabilities and net assetsStart of year $551,107$1,757,355
Part XI · Reconciliation of net assets $1,753,560 net assets at year end
XI-1 Total revenue$679,054
XI-2 Total expenses$449,802
XI-3 Revenue less expenses$229,252
XI-4 Net assets at start of year$551,107
XI-5 Net unrealized gains (losses) on investments−$6,376
XI-9 Other changes in net assets$979,578
XI-10 Net assets at end of year$1,753,560

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.