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.
45¢ of each $1 spent went to programs.
$103K 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

FY2024 · 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
45%
of spending
Concern: 45% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
7 mo
of spending, in cash
Plus $1.8M in investments, Pt X · Ln 11–13
Looks good: 7.1 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
$22K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$815K
+20% vs prior year
Spent
$511K
To programs
45%
Net assets
$2.1M
By yearFY2021–FY2025
Revenue
$815K
FY2024▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2021$330K
FY2022$471K
FY2023$679K
FY2024$815K
FY2025$842K
Expenses
$511K
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2021$163K
FY2022$288K
FY2023$450K
FY2024$511K
FY2025$547K
Net assets
$2.1M
FY2024▲ +17%
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 FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

45 cents of each dollar spent went to programs.

Program services 45% · $230K Management & general 43% · $222K Fundraising 12% · $59K

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

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Who runs it and what they're paid

17 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$103,000Pt VII · Sec A
Director / Co-Founder Pres
$0Pt VII · Sec A
Director & Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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.

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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.

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Provided by the organization

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3 programs · $230K · in their own filed words · FY2024
01

Skills and Business Trainings

These programs in east africa provide comprehensive vocational training and entrepreneurship education to underserved communities. Through these initiatives, participants gain valuable skills in areas such as tailoring, beauty and hairdressing, and bar soap making, coupled with training in business management, sales and marketing, and…

$154Kprogram expense
02

Micro-Enterprise and Infrastructure

These programs support small-scale producers and cooperatives with the equipment, infrastructure, and training needed to launch or scale income-generating activities in east africa. Initiatives included black soldier fly farming to produce affordable, sustainable animal feed; a maize grinding machine serving multiple villages; equipment…

$46Kprogram expense
03

Animal Rearing and Agricultural Enterprise

These programs in uganda and tanzania provide training and resources to farmers, empowering them to enhance food security, increase agricultural productivity, and improve livelihoods. Through practical training and education, participants learn best practices in areas such as pig rearing, bee keeping or floriculture, leading to long-term…

$30Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$815K
Ln 12
Gifts and grantsLn 1h$635K
Investment incomeLn 3$120K
Other incomeLn 4–11$60K
Money outPt IX
$511K
Ln 25
Programscol B$230K
Managementcol C$222K
Fundraisingcol D$59K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$304K
Total assetsLn 16$2.1M
LiabilitiesLn 26$22K
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$635K
Investment incomeLn 3$120K
Other incomeLn 4–11$60K
Gains on assetsLn 7$67K
Total revenueLn 12$815K
Assets in detailPt X, end of year
CashLn 1$304K
Cash and savings togetherLn 1–2$304K
InvestmentsLn 11–13$1.8M
Total assetsLn 16$2.1M
LiabilitiesLn 26$22K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 52
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$459K$304K
InvestmentsLn 11–13$1.3M$1.8M
Total assetsLn 16$1.8M$2.1M
LiabilitiesLn 26$4K$22K
Net assetsLn 32$1.8M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$230K$230K
Pay of current officers, directors and key staffLn 5$103K$103K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$8K$8K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$251$251
InsuranceLn 23$999$999
Other expenses (24a–d)Ln 24$161K$102K$59K
All other expensesLn 24e$267$267
Total functional expensesLn 25$511K$230K$222K$59K

Filing history

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

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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 FY2024 990 (6 parts)
Part I · Summary $815,250 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $640,673$634,946
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $47,732$120,031
I-11 Other revenuePrior year −$9,351$60,273
I-12 Total revenuePrior year $679,054$815,250
I-13 Grants and similar amounts paidPrior year $181,525$230,082
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $97,695$115,336
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $170,582$165,561
I-18 Total expensesPrior year $449,802$510,979
I-19 Revenue less expensesPrior year $229,252$304,271
Part VI · Governance 4 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-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $815,250 across 6 lines filed
VIII-1f All other contributions, gifts and grants$634,946
VIII-1h Total contributions, gifts and grants$634,946
VIII-3 Investment incomeExcluded from tax $52,917$52,917
VIII-7 Net gain or loss on sales of assetsExcluded from tax $67,114$67,114
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $742 · Excluded from tax $59,531$60,273
VIII-12 Total revenueRelated to mission $0 · Unrelated business $742 · Excluded from tax $179,562$815,250
Part IX · Statement of functional expenses $510,979 across 9 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $230,082$230,082
IX-5 Pay of current officers, directors and key staffManagement $103,000$103,000
IX-9 Other employee benefitsManagement $4,196$4,196
IX-10 Payroll taxesManagement $8,140$8,140
IX-11g Other fees for servicesManagement $2,976$2,976
IX-12 Advertising and promotionManagement $251$251
IX-23 InsuranceManagement $999$999
IX-24 Other expenses (24a–d)Management $102,137 · Fundraising $58,931$161,068
IX-24e All other expensesManagement $267$267
IX-25 Total functional expensesPrograms $230,082 · Management $221,966 · Fundraising $58,931$510,979
Part X · Balance sheet $2,079,481 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $458,732$304,376
X-11 Publicly traded securitiesStart of year $1,298,623$1,775,105
X-16 Total assetsStart of year $1,757,355$2,079,481
X-25 Other liabilitiesStart of year $3,795$21,647
X-26 Total liabilitiesStart of year $3,795$21,647
X-32 Total net assets or fund balancesStart of year $1,753,560$2,057,833
X-33 Total liabilities and net assetsStart of year $1,757,355$2,079,481
Part XI · Reconciliation of net assets $2,057,834 net assets at year end
XI-1 Total revenue$815,250
XI-2 Total expenses$510,979
XI-3 Revenue less expenses$304,271
XI-4 Net assets at start of year$1,753,560
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,057,834

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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