Overview
What is The Resource Exchange Inc?
The Resource Exchange Inc, located in Colorado Springs, Colorado, is a nonprofit organization dedicated to supporting children and adults with various disabilities, delays, mental health, or long-term care needs. They advocate for independence and inclusion, employing a person-centered approach in coordinating care, promoting choices, and collaborating with community partners. Specifically, they offer Early Intervention (EI) services to children aged birth to 3 years with significant developmental delays and their families, providing developmental supports and services like speech, physical, and occupational therapy, vision and audiological services, psychological/social emotional services, and more – all at no cost. Additionally, they provide Early Childhood Mental Health (ECMH) supports and services for children 0-8 years old to enhance social emotional development and build stronger caregiver capacities. In FY22, they served over 1,655 children and caregivers through ECMH.
Official website here: www.tre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Resource Exchange Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scores exceptionally well in various metrics, showcasing a robust governance structure with a majority of independent board members and comprehensive fiscal oversight. This high rating indicates that the nonprofit effectively manages its resources, ensuring that a significant portion of donations is directed toward its programs.
Strengths of The Resource Exchange Inc include a well-documented policy framework with clear conflict of interest, whistleblower, and document retention policies. The organization also excels in financial management, evidenced by a high program expense ratio, which indicates that nearly 92% of its expenses are allocated to its mission-driven initiatives. Additionally, the lack of material diversion of assets further underscores its commitment to integrity and transparency.
However, while the organization demonstrates strong fiscal health and governance, the data does not provide insights into its overall impact or program effectiveness on the ground. Potential donors may want to consider looking for additional information regarding the specific outcomes of its programs and services to fully understand the nonprofit's reach and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Resource Exchange Inc?
68% of the 28 reviewers on Facebook recommend The Resource Exchange Inc. Here's a summary of their reviews:
Many families appreciate the organization's support, particularly highlighting the positive impact of its physical and occupational therapy services. One parent shared their experience with their premature twins, expressing gratitude for the assistance provided by the therapists, which contributed to their children's development and well-being.
While some reviewers express a sense of gratitude and satisfaction with The Resource Exchange's offerings, the overall recommendation percentage suggests that experiences may vary among users. This indicates that while many find significant value in the services provided, there may be room for improvement to enhance the satisfaction of all families involved.
This AI summary has been generated from reviews found on Facebook.
Is The Resource Exchange Inc legitimate?
The Resource Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Resource Exchange Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $341,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,986,098
For more financial information, click here
Official website here: www.tre.org
What is the mission statement of The Resource Exchange Inc?
The Resource Exchange Inc is a dedicated organization that advocates for independence and inclusion. They partner with children and adults who have various disabilities, delays, mental health, or long-term care needs, using a person-centered approach to coordinating care, promoting choices, and collaborating with community partners. The organization offers Early Intervention (EI) services for children birth to 3 years of age with significant developmental delays and their families, providing therapeutic supports such as speech, physical, and occupational therapy, developmental intervention, vision and audiological services, and psychological/social emotional services at no cost. Additionally, they expand Early Childhood Services (ECMH) to build strong social emotional development in young children aged 0-8 and enhance the capacity of parents and caregivers to effectively support their children's development, focusing on prevention and intervention for children experiencing challenges. In FY22, they served over 1,655 children and caregivers through ECMH.
Official website here: www.tre.org
Who is the CEO of The Resource Exchange Inc?
Heather Whitworth is the Ceo of The Resource Exchange Inc. The CEO's salary of The Resource Exchange Inc is $154,396 and their total compensation is $170,755.
Official website here: www.tre.org
What is the revenue of The Resource Exchange Inc?
The Resource Exchange Inc's revenue in 2022 was $22,135,532.
Official website here: www.tre.org
Who are the executives of The Resource Exchange Inc and what are their salaries?
The average compensation at The Resource Exchange Inc during 2022 was $38,167. There are 454 employees and 30 volunteers at The Resource Exchange Inc.
Here are 15 key members and their salaries (The Resource Exchange Inc's CEO's salary is $154,396 and their total compensation is $170,755):
- Compensation: $154,396
- Related: $0
- Other: $16,359
- Compensation: $96,766
- Related: $0
- Other: $11,300
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
- Compensation: $0
- Related: $0
- Other: $1,023
Official website here: www.tre.org
Where can I find the form 990 for The Resource Exchange Inc?
The Resource Exchange Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tre.org
Learn more at the official website: www.tre.org
Mission Statement of The Resource Exchange Inc
The Resource Exchange Inc, a renowned organization, advocates for the independence and inclusion of individuals with a range of disabilities, delays, mental health, or long-term care needs. Using a person-centered approach, this nonprofit partners with children and adults to coordinate care, promote choices, and collaborate with community partners.
One of The Resource Exchange Inc's key initiatives is Early Intervention (EI), a program offering developmental supports and services to children aged birth to 3 years who have a significant developmental delay and their families. Through this program, the organization provides various therapeutic services, including speech, physical, and occupational therapy, developmental intervention, vision and audiological services, and psychological/social emotional services. These services are offered at no cost to families. Moreover, over 30% of children receiving services through this program graduate and do not require additional special supports for the rest of their lives.
Another essential initiative of The Resource Exchange Inc is Early Childhood Services Expansion, which focuses on providing a variety of Early Childhood Mental Health (ECMH) supports and services to build strong social emotional development in young children aged 0-8 and enhance the capacity of parents and other caregivers to effectively support their children's development. ECMH addresses the promotion of social emotional development, prevention of risk factors for behavior and social emotional challenges, and intervention for children already experiencing challenges and their families. This initiative served more than 1,655 children and caregivers in FY22.
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Impact
October, 2024
The Resource Exchange Inc significantly impacts individuals and families by advocating for independence and inclusion. By partnering with children and adults facing diverse disabilities, developmental delays, and mental health or long-term care needs, TRE employs a person-centered approach to care coordination. This ensures that clients receive tailored support and have a voice in their care decisions.
In particular, the Early Intervention (EI) program provides essential developmental supports and services for children from birth to age three who experience significant delays. These services include speech, physical, and occupational therapy, as well as psychological and social-emotional support, all provided at no cost to families. Notably, over 30% of the children enrolled in this program graduate without requiring further special supports, showcasing the effectiveness of early intervention.
Furthermore, TRE’s Early Childhood Mental Health (ECMH) services enhance social-emotional development for young children aged 0-8. By providing tiered supports, TRE not only promotes healthy development and prevents future challenges but also equips caregivers with strategies to support their children's growth effectively. In FY22, this program reached over 1,655 children and caregivers, illustrating its broad community impact.
Through these initiatives, The Resource Exchange Inc fosters a more inclusive community, empowering individuals with disabilities to lead more independent lives and strengthening families to thrive.
This information is meant to be a general summary of The Resource Exchange Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$7,381
- Program Service Revenue: $21,798,696
- Gross Receipts: $23,574,859
Assets and Liabilities:
- Total Assets: $16,726,849
- Total Liabilities: $9,197,149
- Net Assets: $7,529,700
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID PAYMENTS
Revenue
$12,828,006
FEES FROM GOVERNMENTAL AGENCI
Revenue
$8,817,937
OTHER
Revenue
$152,753
Organization Details
Founding Year
1964
Phone
(719) 380-1100Principal Officer
Heather Whitworth
Main Address
6385 CORPORATE DRIVE SUITE 100, COLORADO SPRINGS, CO, 80919
Website
www.tre.orgNTEE Category
Code: P200 - Human services
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