The Surplus Exchange Inc
EIN: 431328139 · Kansas City, MO · NTEE: C270
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $1.0M |
| Net Assets | $438K |
Is The Surplus Exchange Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Surplus Exchange Inc
The Surplus Exchange Inc (EIN: 431328139) is a nonprofit organization based in Kansas City, MO, classified under NTEE code C270. The organization reported total revenue of $315K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Surplus Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Surplus Exchange Inc is a small nonprofit that has been operating for 41 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $812K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-217,514 |
| Total Assets | $451K |
| Total Liabilities | $13K |
| Net Assets | $438K |
| Operating Margin | -26.8% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2018, The Surplus Exchange Inc reported a deficit of $218K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), The Surplus Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -38.6% | -15.6% | -32.7% |
| 2017 | -1.4% | -18.1% | +9.5% |
| 2016 | -12.4% | +0.7% | -17.0% |
| 2015 | +26.1% | +6.9% | +6.1% |
| 2014 | +143.5% | +99.6% | -16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Surplus Exchange Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Surplus Exchange Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $218K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about The Surplus Exchange Inc
Is The Surplus Exchange Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Surplus Exchange Inc (EIN: 431328139) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Surplus Exchange Inc spend its money?
Detailed spending breakdown data is not yet available for The Surplus Exchange Inc. Check back for updated IRS 990 analysis.
Are donations to The Surplus Exchange Inc tax-deductible?
The Surplus Exchange Inc is registered as a tax-exempt nonprofit (EIN: 431328139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Surplus Exchange Inc located?
The Surplus Exchange Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 431328139. It is classified under NTEE code C270.
How many years of IRS 990 filings does The Surplus Exchange Inc have?
The Surplus Exchange Inc has 8 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 $315K in total revenue.
Filing History
IRS 990 filing history for The Surplus Exchange Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), The Surplus Exchange Inc's revenue has grown by 23.5%, moving from $658K to $812K. Total assets decreased by 56.1% over the same period, from $1.0M to $451K. Total functional expenses rose by 50.6%, from $684K to $1.0M. In its most recent filing year (2018), The Surplus Exchange Inc reported a deficit of $218K, with expenses exceeding revenue. The organization holds $13K in liabilities against $451K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $438K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $812K | $1.0M | $451K | $13K | — | View 990 |
| 2017 | $1.3M | $1.2M | $670K | $15K | — | View 990 |
| 2016 | $1.3M | $1.5M | $612K | $59K | — | View 990 |
| 2015 | $1.5M | $1.5M | $738K | $36K | — | View 990 |
| 2014 | $1.2M | $1.4M | $695K | $45K | — | View 990 |
| 2013 | $498K | $693K | $830K | $10K | — | View 990 |
| 2012 | $669K | $678K | $1.0M | $14K | — | View 990 |
| 2011 | $658K | $684K | $1.0M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $812K, expenses of $1.0M, and assets of $451K (revenue -38.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $670K (revenue -1.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $612K (revenue -12.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $738K (revenue +26.1% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.4M, and assets of $695K (revenue +143.5% year-over-year).
- 2013: Revenue of $498K, expenses of $693K, and assets of $830K (revenue -25.5% year-over-year).
- 2012: Revenue of $669K, expenses of $678K, and assets of $1.0M (revenue +1.6% year-over-year).
- 2011: Revenue of $658K, expenses of $684K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Surplus Exchange Inc:
Data Sources and Methodology
This transparency report for The Surplus Exchange Inc 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.