THE RESOURCE EXCHANGE INC

EIN: 840532684 501(c)(3) Human Services

COLORADO SPRINGS, CO

Total Revenue
$45,353,173
Total Expenses
$42,986,795
Total Assets
$24,603,310
Net Assets
$15,623,504
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
CO
Principal Officer
COLLEEN HEAD BATCHELOR
Phone
7193801100
Tax Period
2024-07-01 to 2025-06-30

THE RESOURCE EXCHANGE INC, founded in 1964, is a mid-sized nonprofit in the Human Services sector that reported $45.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $43.0M left a modest 5% surplus.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $30,100,733 Revenue: $34,789,484

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...

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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. SERVICE COORDINATORS NAVIGATE AN ARRAY OF SUPPORTS THAT ARE AVAILABLE FOR INDIVIDUALS, HOW TO BECOME ELIGIBLE, AND HOW TO REQUEST AND ACCESS SERVICES. THE GOAL OF SERVICE COORDINATION IS TO ASSURE THAT NECESSARY SERVICES ARE PROVIDED EFFECTIVELY AND EFFICIENTLY THROUGH ESTABLISHING MEANINGFUL RELATIONSHIPS WITH EACH INDIVIDUAL, THEIR FAMILY, AND THE COMMUNITY IN WHICH THEY LIVE, WORK, AND PLAY. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 10,481.

Program 2
Expenses: $8,618,967 Revenue: $9,120,002

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...

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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 SERVICES. SERVICES ARE PROVIDED AT NO COST TO FAMILIES. MORE THAN 30% OF CHILDREN RECEIVING SERVICES THROUGH THIS PROGRAM WILL GRADUATE AND NOT REQUIRE ADDITIONAL SPECIAL SUPPORTS FOR THE REST OF THEIR LIVES. EARLY CHILDHOOD SERVICES EXPANSION PROVIDES A VARIETY OF EARLY CHILDHOOD MENTAL HEALTH (ECMH) SUPPORTS AND SERVICES TO BUILD STRONG SOCIAL EMOTIONAL DEVELOPMENT IN YOUNG CHILDREN 0-8 YEARS OF AGE AND ENHANCE THE CAPACITY OF PARENTS AND OTHER CAREGIVERS TO EFFECTIVELY SUPPORT THEIR CHILDREN'S DEVELOPMENT. ECMH FOCUSES ON TIERED SUPPORTS TO ADDRESS 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. EI AND ECMH SERVED MORE THAN 3,038 CHILDREN AND CAREGIVERS IN FY24.

Program 3
Expenses: $485,652 Revenue: $491,147

COMPREHENSIVE SERVICES ARE DESIGNED FOR ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NEED MORE INTENSIVE SUPERVISION AND ASSISTANCE IN THEIR DAILY LIVES. PEOPLE IN THIS PROGRAM LIVE ON THEIR OWN, IN A...

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COMPREHENSIVE SERVICES ARE DESIGNED FOR ADULTS WITH DEVELOPMENTAL DISABILITIES WHO NEED MORE INTENSIVE SUPERVISION AND ASSISTANCE IN THEIR DAILY LIVES. PEOPLE IN THIS PROGRAM LIVE ON THEIR OWN, IN A HOST HOME WITH A FAMILY OR INDIVIDUAL WHO CARES FOR THE PERSON IN THEIR HOME, OR A GROUP HOME RUN BY A SERVICE AGENCY. COMPREHENSIVE SERVICES ARE DESIGNED TO HELP EACH PERSON ACHIEVE THE GOALS THEY SET FOR THEMSELVES. THE NUMBER OF CONSUMERS PROVIDED SERVICES WAS 1,771.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $942,972
Program Service Revenue $44,612,586
Investment Income $370,350
Other Revenue $-572,735
TOTAL REVENUE $45,353,173

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,510,152
Fundraising Expenses $0
Program Expenses $39,450,563
Other Expenses $9,476,643
TOTAL EXPENSES $42,986,795

Year-over-Year Comparison

2024 2023 Change
Revenue $45,353,173 $39,336,275 +0.2%
Expenses $42,986,795 $33,337,785 +0.3%
Net Income $2,366,378 $5,998,490 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
624
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$384,162
Total Directors
14
$15,484
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLLEEN HEAD BATCHELOR CEO 40.00
Officer
$185,656 $18,320 $203,976
HEATHER WHITWORTH CFO 40.00
Officer
$164,088 $11,674 $175,762
CATHY ECKERT SUPERVISOR, 40.00
Highest
$107,938 $2,783 $110,721
LAURA THOMAS DIRECTOR, SE 40.00
Highest
$109,864 $9,557 $119,421
NANCY VIGIL DIRECTOR, NA 40.00
Highest
$117,455 $1,560 $119,015
LOIS LANDGRAF CHAIR 1.00
Officer Director
$0 $1,106 $1,106
PATRICK DAVIS VICE CHAIR 1.00
Officer Director
$0 $1,106 $1,106
JESSIE MARTINEZ TREASURER 1.00
Officer Director
$0 $1,106 $1,106
LAURIE HUISINGH SECRETARY 1.00
Officer Director
$0 $1,106 $1,106
TRACI MARQUES BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
BERNARD BYERS BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
SARAH BRITTAIN JACK BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
MEGAN BILLESBACH BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
EMERALD DOYLE BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
SHARON THOMPSON BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
JENNIFER THORNTON BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
HEIDI BRANDON BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
GEORGE MENTZ BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
DAVE PAUL BOARD MEMBER 1.00
Director
$0 $1,106 $1,106
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $45,353,173 $42,986,795 $24,603,310 $2,366,378
2024 No data No data No data No data
2023 $26,505,354 $26,752,725 $15,274,272 $-247,371
2022 $22,135,532 $24,200,952 $16,726,849 $-2,065,420
2021 $25,981,302 $23,028,028 $17,475,294 $2,953,274
2020 $26,404,347 $25,440,713 $19,154,730 $963,634
2019 $21,944,470 $21,311,732 $14,276,655 $632,738
2018 $24,478,834 $21,961,838 $14,134,321 $2,516,996
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