Exchange Point Institute EIN 87-1028685

Exchange Point Institute

EIN  87-1028685 Public charity (501(c)(3)) Saint Francis, KS
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports transformative technology to achieve social justice.
Leadership
Mallory Knodel · Director
Money in and out
$527K revenue, $53K expenses
Bottom line
91% program efficiency

Supports transformative technology to achieve social justice. For fiscal year 2024 it reported $527K in revenue, $53K in expenses, and $470K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$470K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $474K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
108.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+90%
revenue over expenses, this year▲ +104% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$527K
FY2024▲ ×2135
Expenses
$53K
FY2024▲ +746%
Total assets
$483K
FY2024▲ ×294
Total liabilities
$13K
FY2024▲ +67%
Total revenue
$527K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$470K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$474K
Total assetsPt X · Ln 16$483K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $48K of program spending, described in the organization's own filed words · FY2024.
01

Research on alternative tech platforms; launch of new project on open social web, maintained weekly newsletter platform for tech policy advocates.

$48Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExchange Point Institute
EINHdr · item D87-1028685
Principal addressHdr · item CSaint Francis, KS
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R63)
Ruling yearIRS BMFJan 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$443K · 84%
Other revenue$85K · 16%
Contributions & grants84%$443K
Other revenue16%$85K
Total revenueLn 12$527K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$48K
Management & general9%$5K
Total functional expensesLn 25$53K

Balance Sheet

Part X · end of year
CashLn 1$479K
Total assetsLn 16$483K
Total liabilitiesLn 26$13K
Total net assetsLn 32$470K
Months of cash on handcomputed108.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $479K · Operating expenses/yr $53K
108.4 months
Where the money goes
Program services
Program services $48K · Total expenses $53K
91%
Management & General
Management & general $5K · Total expenses $53K
9%
Fundraising
Fundraising $0 · Total expenses $53K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $443K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $443K · Total revenue $527K
84%
Government reliance
Government grants — · Total revenue $527K
Earned-income share
Program service revenue $0 · Total revenue $527K
0%
Investment reliance
Investment income $0 · Total revenue $527K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $53K
0%
Growth & trend
Revenue growth (YoY)
This year $527K · Prior year $247
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $470K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $527K · Expenses $53K
+90%
Liabilities-to-Assets
Total liabilities — · Total assets $483K
Net-asset ratio
Net assets $470K · Total assets $483K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $483K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mallory Knodel · Reported title Director · Highest reported compensation $0 · Total expenses $53K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $53K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth ×2135
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
New Venture FundFY2024$150K
Ford FoundationFY2024$120K
Total grants receivedfrom 3 funders$496K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$527K revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$247 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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