Exchange for Change INC FY2023 filing

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Exchange for Change is committed to fostering spaces for creative and intellectual exploration. We stand firm in the belief that education is a fundamental human right. Our approach values each individual voice, offering our learners a platform to share their perspectives free from the worry of stigma. We envision a world where open dialogue and mutual respect pave the way for vibrant, secure communities.

Form 990-EZ Part III, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-1315317) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
$60K paid to officers and key staff.
Mission: Form 990-EZ Part III · Status: IRS Pub. 78 · Pay: 990-EZ Part IV

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $47K a year · 14% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
990-EZ Pt I · Ln 18 · 2 filings
Pay to officers and key staff
$60K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
990-EZ Pt IV
Named funders
4
named funders · $76K
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$2K
total owed
No data yet: the filing does not give total assets.
990-EZ Pt II · Ln 26
Revenue
$173K
+8% vs prior year
Net assets
$198K
By yearFY2020–FY2025
Revenue
$173K
FY2023▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$135K
FY2021$147K
FY2022$161K
FY2023$173K
FY2024$331K
FY2025$354K
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$267K
FY2025$324K
Net assets
$198K
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$181K
FY2021$189K
FY2022$185K
FY2023$198K
FY2024$262K
FY2025$293K

From the FY2023 Form 990 · see the original

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 Aug 2014.

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

Who runs it and what they're paid

10 people listed on the 990-EZ; $60K paid to officers and key staff (Part VII, Section A).

990-EZ Part IV · reportable compensation
Executive Director
$59,958990-EZ Pt IV
Vice President
$0990-EZ Pt IV
$0990-EZ Pt IV
Treasurer
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
President
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV

Katherine Klarreich’s $69K as Executive Director is at the 61st percentile of top reported officer pay among 1613 $100K–1M education 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 · 4 named individuals · 990-EZ Part IV

NameFY2025FY2024FY2023FY2022FY2021FY2020
Katherine Klarreich$68,926—————
Katherine Klarrech—$67,000————
Kathie Klarreich——$59,958$52,750$50,012$45,833
Maria Lopez Isabel—$33,333————

Total reportable compensation (Form 990-EZ Part IV column (c) / 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 Exchange for Change INC executive salaries →

Programs and updates

Exchange for Change INC is an education nonprofit based in Miami, FL.

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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 4 funders →

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$173K
Other income$173K
Owns and owes
$198K
net assets
Liabilities$2K
People
10
listed
Paid1
2In more detail
Revenue in detail
Other income$173K
Total revenue$173K
Assets in detailEnd of year
Liabilities$2K
Net assets$198K
Operations
Employees2
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $354K$324K$30K$293K 990 PDF
FY2024Filed with the IRS May 15, 2025 $331K$267K$64K$262K 990 PDF
FY2023 ViewingFiled with the IRS Feb 14, 2025 $173K$198K 990 PDF
FY2022Filed with the IRS Nov 3, 2023 $161K$185K 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $147K$189K 990 PDF
FY2020Filed with the IRS Nov 9, 2021 $135K$181K 990 PDF

Schedules filed Part IV

A · Public support

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

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