The Resource Exchange INC FY2020 filing

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Advocating for independence and inclusion, the Resource Exchange partners with children and adults who have a variety of disabilities, delays, mental health or long-term care needs. We DO this using a person-centered approach in coordinating care, promoting choices, and collaborating with community partners.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0532684) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$281K 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

FY2020 · Form 990Independent: 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
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $1.7M a year · 5% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$281K
to officers and key staff · 1% of spending
Pay to officers and key staff is 1% of spending.
Part VII, Section A
2.8 mo
of spending, in cash
2.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$12.3M
64% of total assets
Liabilities are 64% of assets.
Pt X · Ln 26
Independent board members
8
of 12 voting members
8 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$26.4M
Spent
$25.4M
To programs
92%
Net assets
$6.9M
By yearFY2020–FY2025
Revenue
$26.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$26.4M
FY2021$26.0M
FY2022$22.1M
FY2023$26.5M
FY2024$39.3M
FY2025$45.4M
Expenses
$25.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$25.4M
FY2021$23.0M
FY2022$24.2M
FY2023$26.8M
FY2024$33.3M
FY2025$43.0M
Net assets
$6.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.9M
FY2021$9.8M
FY2022$7.5M
FY2023$7.2M
FY2024$13.1M
FY2025$15.6M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 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 Sep 1967.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $23.4M Management & general 8% · $2.0M

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

14 people listed on the 990; $281K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$165,649Pt VII · Sec A
$115,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Colleen Head Batchelor’s $186K as CEO is at the 37th percentile of top reported officer pay among 3122 $10–100M human services 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Colleen Head Batchelor$185,656$183,907$171,854$154,396$166,219$165,649
Heather Whitworth$164,088$156,569$132,823$96,766$115,570$115,000
Nancy Vigil$117,455—————
Laura Thomas$109,864—————
Cathy Eckert$107,938—————

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 Resource Exchange INC executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects people with disabilities and complex needs to support and choices.

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3 programs · $21.8M · in their own filed words · FY2019
01

Service coordination, or case management as it is commonly called, is an individually centered, family and community-focused service in which programs and resources are coordinated to enhance peoples lives and build independence.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0532684) · Dispute this line
$13.1Mprogram expense
02

Early intervention (ei) provides developmental supports and services to children birth to 3 years of age who have a significant developmental delay and their families. Tre provides services such as speech, physical and occupational therapy, developmental intervention, vision and audiological services and PSYCHOLOGICAL/SOCIAL emotional…

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0532684) · Dispute this line
$7.6Mprogram expense
03

Supported living services is a program for adults with developmental disabilities that enable a person to remain in control of his or her own living arrangements and be included in their community. The participant chooses where they live, work, and play, who supports them and what type of supports they need.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0532684) · Dispute this line
$1.1Mprogram 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 · FY2025
Total grants receivedfrom 1 funder$10K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $1.5M federal money spent
Grants to States for MedicaidDepartment of Health and Human Services · ALN 93.778 · Through State of Colorado$1.5M

The auditor reported no findings.

Year ending Jun 2024 · $2.8M federal money spent
Medical Assistance ProgramDepartment of Health and Human Services · ALN 93.778 · Through State of Colorado$2.7M
Special Education-Grants for Infants and FamiliesDepartment of Education · ALN 84.181 · Through State of Colorado$35K

The auditor reported no findings.

Year ending Jun 2023 · $4.7M federal money spent
Medical Assistance ProgramDepartment of Health and Human Services · ALN 93.778 · Through State of Colorado$3.7M
Special Education-Grants for Infants and FamiliesDepartment of Education · ALN 84.181 · Through State of Colorado$597K
Child Care and Development Block GrantDepartment of Health and Human Services · ALN 93.575 · Through State of Colorado$410K

The auditor reported no findings.

Year ending Jun 2022 · $3.5M federal money spent
Medical Assistance ProgramDepartment of Health and Human Services · ALN 93.778 · Through State of Colorado$3.3M
Special Education-Grants for Infants and FamiliesDepartment of Education · ALN 84.181 · Through State of Colorado$274K

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$26.4M
Ln 12
Fees for servicesLn 2g$24.5M
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$22K
Money outPt IX
$25.4M
Ln 25
Programscol B$23.4M
Managementcol C$2.0M
Owns and owesPt X
$6.9M
net assets · Ln 32
Cash and savingsLn 1–2$5.8M
Total assetsLn 16$19.2M
LiabilitiesLn 26$12.3M
PeoplePt VI, VII
14
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$892K
Fees for servicesLn 2g$24.5M
Investment incomeLn 3$22K
Other incomeLn 4–11$11K
Gains on assetsLn 7−$5K
Total revenueLn 12$26.4M
Assets in detailPt X, end of year
CashLn 1$1.8M
SavingsLn 2$4.0M
Cash and savings togetherLn 1–2$5.8M
Pledges and grants receivableLn 3$20K
Accounts receivableLn 4$3.1M
Prepaid expenses and deferred chargesLn 9$43K
Land, buildings, equipmentLn 10c$9.6M
InvestmentsLn 11–13$558K
Total assetsLn 16$19.2M
LiabilitiesLn 26$12.3M
Net assetsLn 32$6.9M
OperationsPt I, VI
EmployeesI 5624
VolunteersI 675
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$923K$5.8M
InvestmentsLn 11–13$509K$558K
Land, buildings, equipmentLn 10c$10.1M$9.6M
Total assetsLn 16$14.3M$19.2M
LiabilitiesLn 26$8.3M$12.3M
Net assetsLn 32$6.0M$6.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$287K$287K
Other salaries and wagesLn 7$17.7M$16.5M$1.2M
Pension plan contributionsLn 8$182K$171K$11K
Other employee benefitsLn 9$1.1M$1.0M$95K
Payroll taxesLn 10$1.5M$1.4M$105K
Legal feesLn 11b$16K$16K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$2.7M$2.5M$147K
Office expensesLn 13$909K$823K$86K
OccupancyLn 16$285K$233K$52K
TravelLn 17$335K$330K$5K
Conferences, conventions and meetingsLn 19$52K$39K$14K
InterestLn 20$11K$2K$9K
Depreciation, depletion and amortizationLn 22$140K$78K$61K
InsuranceLn 23$73K$59K$14K
Other expenses (24a–d)Ln 24$174K$224K−$49K
Total functional expensesLn 25$25.4M$23.4M$2.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 11, 2026 $45.4M$43.0M$2.4M$15.6M 990 PDF
FY2024Filed with the IRS May 14, 2025 $39.3M$33.3M$6.0M$13.1M 990 PDF
FY2023Filed with the IRS May 15, 2024 $26.5M$26.8M−$247K$7.2M 990 PDF
FY2022Filed with the IRS May 15, 2023 $22.1M$24.2M−$2.1M$7.5M 990 PDF
FY2021Filed with the IRS May 16, 2022 $26.0M$23.0M$3.0M$9.8M 990 PDF
FY2020 ViewingFiled with the IRS May 17, 2021 $26.4M$25.4M$964K$6.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2020 990
Part I · Summary $26,404,347 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,367,448$1,854,523
I-9 Program service revenuePrior year $20,429,459$24,516,238
I-10 Investment incomePrior year $26,246$22,373
I-11 Other revenuePrior year $121,317$11,213
I-12 Total revenuePrior year $21,944,470$26,404,347
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,666,741$20,761,097
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $4,644,991$4,679,616
I-18 Total expensesPrior year $21,311,732$25,440,713
I-19 Revenue less expensesPrior year $632,738$963,634
Part VI · Governance 8 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $26,404,347 across 9 lines filed
VIII-1a Federated campaigns$67,000
VIII-1e Government grants$891,765
VIII-1f All other contributions, gifts and grants$895,758
VIII-1h Total contributions, gifts and grants$1,854,523
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,516,238$24,516,238
VIII-3 Investment incomeExcluded from tax $27,495$27,495
VIII-6 Net rental income or lossUnrelated business $11,213$11,213
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$5,122−$5,122
VIII-12 Total revenueRelated to mission $24,516,238 · Unrelated business $11,213 · Excluded from tax $22,373$26,404,347
Part IX · Statement of functional expenses $25,440,713 across 16 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $286,679$286,679
IX-7 Other salaries and wagesPrograms $16,506,748 · Management $1,167,111$17,673,859
IX-8 Pension plan contributionsPrograms $171,166 · Management $11,153$182,319
IX-9 Other employee benefitsPrograms $1,021,472 · Management $94,892$1,116,364
IX-10 Payroll taxesPrograms $1,397,129 · Management $104,747$1,501,876
IX-11b Legal feesManagement $15,639$15,639
IX-11c Accounting feesManagement $11,130$11,130
IX-11g Other fees for servicesPrograms $2,525,432 · Management $146,844$2,672,276
IX-13 Office expensesPrograms $823,139 · Management $86,166$909,305
IX-16 OccupancyPrograms $232,842 · Management $52,318$285,160
IX-17 TravelPrograms $330,168 · Management $5,166$335,334
IX-19 Conferences, conventions and meetingsPrograms $38,767 · Management $13,706$52,473
IX-20 InterestPrograms $1,562 · Management $9,084$10,646
IX-22 Depreciation, depletion and amortizationPrograms $78,474 · Management $61,349$139,823
IX-23 InsurancePrograms $59,056 · Management $14,339$73,395
IX-24 Other expenses (24a–d)Programs $223,626 · Management −$49,191$174,435
IX-25 Total functional expensesPrograms $23,409,581 · Management $2,031,132 · Fundraising $0$25,440,713
Part X · Balance sheet $19,154,730 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $244,090$1,794,355
X-2 Savings and temporary cash investmentsStart of year $679,220$4,046,333
X-3 Pledges and grants receivableStart of year $30,578$19,880
X-4 Accounts receivableStart of year $2,717,152$3,131,899
X-9 Prepaid expenses and deferred chargesStart of year $44,999$43,231
X-10c Land, buildings and equipment, netStart of year $10,051,987$9,560,770
X-11 Publicly traded securitiesStart of year $435,055$490,000
X-12 Other securitiesStart of year $73,574$68,262
X-16 Total assetsStart of year $14,276,655$19,154,730
X-17 Accounts payable and accrued expensesStart of year $2,436,978$2,973,243
X-23 Secured mortgages and notes payableStart of year $5,832,557$9,280,382
X-26 Total liabilitiesStart of year $8,269,535$12,253,625
X-27 Net assets without donor restrictionsStart of year $5,831,371$6,598,921
X-28 Net assets with donor restrictionsStart of year $175,749$302,184
X-32 Total net assets or fund balancesStart of year $6,007,120$6,901,105
X-33 Total liabilities and net assetsStart of year $14,276,655$19,154,730
Part XI · Reconciliation of net assets $6,901,105 net assets at year end
XI-1 Total revenue$26,404,347
XI-2 Total expenses$25,440,713
XI-3 Revenue less expenses$963,634
XI-4 Net assets at start of year$6,007,120
XI-5 Net unrealized gains (losses) on investments$12,394
XI-9 Other changes in net assets−$82,043
XI-10 Net assets at end of year$6,901,105

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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