Inter Cooperative Exchange
Inter Cooperative Exchange faces significant financial deficits with declining revenue and increasing expenses in recent years.
EIN: 204792242 · Bothell, WA · NTEE: K28 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $355K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $207,292 |
| Net Assets | $267K |
| Transparency Score | 60/100 |
Search Intent Cockpit
Inter Cooperative Exchange Form 990, Revenue, CEO Pay, and IRS Filing Signals
Inter Cooperative Exchange is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Inter Cooperative Exchange in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $134K and expenses of $355K.
Revenue and Expenses
Inter Cooperative Exchange reported $134K in revenue and $355K in expenses, a deficit of $221K.
Executive Compensation
Top officer compensation appears as $207,292 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
60/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Inter Cooperative Exchange Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $266K (75%) |
Across stored filings, Inter Cooperative Exchange shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Okanogan Regional Humane | Washington and Category K context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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All Category K
Local and Sector Spokes
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Bothell, WA nonprofitsCategory K in Washington
Human Services in Washington
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Inter Cooperative Exchange directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Inter Cooperative Exchange
Inter Cooperative Exchange (EIN: 204792242) is a nonprofit organization based in Bothell, WA, classified under NTEE code K28. The organization reported total revenue of $207K and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inter Cooperative Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inter Cooperative Exchange is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $355K |
| Surplus / Deficit | $-220,953 |
| Total Assets | $334K |
| Total Liabilities | $67K |
| Net Assets | $267K |
| Operating Margin | -164.6% |
| Debt-to-Asset Ratio | 20.1% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Inter Cooperative Exchange reported a deficit of $221K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Inter Cooperative Exchange's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.3% | +2.1% | -32.8% |
| 2022 | -23.6% | -16.5% | -10.3% |
| 2021 | -2.9% | -3.4% | +1.9% |
| 2020 | -7.2% | +17.9% | +0.4% |
| 2019 | +45.2% | +4.2% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inter Cooperative Exchange with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Inter Cooperative Exchange allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $221K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no officers received compensation, which is highly favorable for a nonprofit of its size ($207,292 latest revenue) and suggests a volunteer-driven leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Inter Cooperative Exchange's IRS 990 filings:
- Consistent and significant operational deficits in recent years (e.g., -$220,953 in 202306).
- Declining revenue trend from $456,486 in 201906 to $134,270 in 202306.
- Decreasing asset base from $596,297 in 201606 to $334,471 in 202306.
Strengths
The following positive indicators were identified for Inter Cooperative Exchange:
- Zero officer compensation reported across all filing periods, indicating efficient use of leadership resources.
- Long history of IRS 990 filings (13 filings), suggesting consistent regulatory compliance.
Frequently Asked Questions about Inter Cooperative Exchange
Is Inter Cooperative Exchange a legitimate charity?
Inter Cooperative Exchange (EIN: 204792242) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $207K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Inter Cooperative Exchange spend its money?
Inter Cooperative Exchange directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Inter Cooperative Exchange tax-deductible?
Inter Cooperative Exchange is registered as a tax-exempt nonprofit (EIN: 204792242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Inter Cooperative Exchange CEO make?
Inter Cooperative Exchange's highest-compensated officer earns $207,292 annually. The organization reported $207K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Inter Cooperative Exchange's spending goes to programs?
Inter Cooperative Exchange directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Inter Cooperative Exchange compare to similar nonprofits?
With a transparency score of 60/100 (Good), Inter Cooperative Exchange is above average for NTEE category K28 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Inter Cooperative Exchange located?
Inter Cooperative Exchange is headquartered in Bothell, Washington and files with the IRS under EIN 204792242. It is classified under NTEE code K28.
How many years of IRS 990 filings does Inter Cooperative Exchange have?
Inter Cooperative Exchange has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $207K in total revenue.
Is Inter Cooperative Exchange financially sustainable given recent deficits?
The organization has reported significant deficits in the last three periods (202306: -$220,953; 202206: -$33,641; 202106: -$5,411), raising concerns about its long-term financial sustainability without a reversal of these trends.
What is the cause of the declining revenue?
Revenue has decreased from a high of $456,486 in 201906 to $134,270 in 202306. The specific reasons for this decline are not detailed in the provided financial summary but warrant further investigation.
How does the organization cover its operational deficits?
With consistent deficits, the organization appears to be drawing down its assets, which have decreased from $554,520 in 202106 to $334,471 in 202306, or potentially relying on reserves or other undisclosed funding mechanisms.
Filing History
IRS 990 filing history for Inter Cooperative Exchange showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Inter Cooperative Exchange's revenue has declined by 71.3%, moving from $468K to $134K. Total assets increased by 51.9% over the same period, from $220K to $334K. Total functional expenses rose by 43.3%, from $248K to $355K. In its most recent filing year (2023), Inter Cooperative Exchange reported a deficit of $221K, with expenses exceeding revenue. The organization holds $67K in liabilities against $334K in assets (debt-to-asset ratio: 20.1%), resulting in net assets of $267K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $355K | $334K | $67K | — | View 990 |
| 2022 | $314K | $348K | $497K | $9K | — | View 990 |
| 2021 | $411K | $417K | $555K | $33K | — | View 990 |
| 2020 | $424K | $431K | $544K | $17K | — | — |
| 2019 | $456K | $366K | $542K | $7K | — | View 990 |
| 2018 | $314K | $351K | $455K | $10K | — | View 990 |
| 2017 | $296K | $380K | $481K | $0 | — | View 990 |
| 2016 | $404K | $317K | $596K | $30K | — | View 990 |
| 2015 | $405K | $289K | $486K | $6K | — | View 990 |
| 2014 | $409K | $372K | $371K | $7K | — | View 990 |
| 2013 | $350K | $727K | $326K | $0 | — | View 990 |
| 2012 | $781K | $298K | $703K | $0 | — | View 990 |
| 2011 | $468K | $248K | $220K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $355K, and assets of $334K (revenue -57.3% year-over-year).
- 2022: Revenue of $314K, expenses of $348K, and assets of $497K (revenue -23.6% year-over-year).
- 2021: Revenue of $411K, expenses of $417K, and assets of $555K (revenue -2.9% year-over-year).
- 2020: Revenue of $424K, expenses of $431K, and assets of $544K (revenue -7.2% year-over-year).
- 2019: Revenue of $456K, expenses of $366K, and assets of $542K (revenue +45.2% year-over-year).
- 2018: Revenue of $314K, expenses of $351K, and assets of $455K (revenue +6.3% year-over-year).
- 2017: Revenue of $296K, expenses of $380K, and assets of $481K (revenue -26.9% year-over-year).
- 2016: Revenue of $404K, expenses of $317K, and assets of $596K (revenue -0.2% year-over-year).
- 2015: Revenue of $405K, expenses of $289K, and assets of $486K (revenue -1.0% year-over-year).
- 2014: Revenue of $409K, expenses of $372K, and assets of $371K (revenue +16.9% year-over-year).
- 2013: Revenue of $350K, expenses of $727K, and assets of $326K (revenue -55.2% year-over-year).
- 2012: Revenue of $781K, expenses of $298K, and assets of $703K (revenue +66.9% year-over-year).
- 2011: Revenue of $468K, expenses of $248K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inter Cooperative Exchange:
Data Sources and Methodology
This transparency report for Inter Cooperative Exchange is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.