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International : Development and Relief Services

Resource Exchange International (REI)

Building people to build nations

three stars

88.31

5527 North Union Boulevard Suite 200
Colorado Springs, CO 80918
tel: (800) 481-2201   Web Site
EIN: 59-3043334

Board Leadership
Ken Gray
Chairman

CEO
Kenneth D. Erdmann
President & CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 88.31 three stars
  Financial 83.47 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?

Incorporated in 1990 as a non-sectarian, educational, and humanitarian organization, Resource Exchange International (REI) engages, encourages, equips, and empowers people in emerging nations to strengthen the strategic sectors of their countries. At REI we exist for one reason: to serve individuals in developing nations during times of transition. REI believes in the potential of each individual, building them to strengthen the entire nation. REI invests in these countries by implementing strategic programs that will help develop their human resources in such sectors as medicine, micro-enterprise development, and education. These programs provide interchange with qualified experts in order to help facilitate economic and social development.

Incorporated in 1990 as a non-sectarian, educational, and humanitarian organization, Resource Exchange International (REI) engages, encourages, equips, and empowers people in emerging nations to strengthen the strategic sectors of their countries. At REI we exist for one reason: to serve individuals in developing nations during times of transition. REI believes in the potential of each individual, building them to strengthen the entire nation. REI invests in these countries by implementing strategic programs that will help develop their human resources in such sectors as medicine, micro-enterprise development, and education. These programs provide interchange with qualified experts in order to help facilitate economic and social development.

Learn more about how we calculate the overall score and rating.

Financial

three stars

83.47

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 70.9%
  Administrative Expenses 17.4%
  Fundraising Expenses 11.5%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.42
  Program Expenses Growth 28.0%
  Liabilities to Assets 3.6%
All data for Financial Performance Metrics calculations was provided by Resource Exchange International (REI) on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Resource Exchange International (REI) on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Resource Exchange International (REI) (CO) 88.31 three stars
Loving Shepherd Ministries (IN) 95.05 four stars
Pencils of Promise (NY) 87.83 three stars
OneSight (OH) 93.68 four stars
Population Media Center (VT) 100.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,132,727
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,132,727
   Program Service Revenue $0
Total Primary Revenue $2,132,727
   Other Revenue $5,571
TOTAL REVENUE $2,138,298
   
EXPENSES  
   Program Expenses $1,544,489
   Administrative Expenses $367,319
   Fundraising Expenses $238,831
TOTAL FUNCTIONAL EXPENSES $2,150,639
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-12,341
   
Net Assets $658,853

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Providing Education and Training $1,544,489 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 04/01/2021 88.31 three stars
2018-12 12/20/2019 88.10 three stars
2017-12 09/01/2018 80.80 three stars
2016-12 02/01/2018 76.10 two stars
2015-12 02/01/2017 80.14 three stars
2014-12 07/01/2016 83.12 three stars
2014-12 06/01/2016 80.07 three stars
 
CN 2.0
2014-12 12/22/2015 70.51 two stars
2013-12 12/22/2014 75.99 two stars
2012-12 10/01/2013 80.46 three stars
2011-12 02/01/2013 77.04 two stars
2010-12 12/20/2012 80.35 three stars
2010-12 12/01/2012 79.45 two stars
2010-12 12/23/2011 73.55 two stars
2009-12 09/20/2011 69.52 one star
 
CN 1.0
2009-12 12/22/2010 77.38 two stars
2008-12 04/01/2010 87.79 three stars
2007-12 12/01/2008 82.61 three stars
2006-12 11/01/2007 78.66 two stars
2005-12 11/01/2006 79.02 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-3043334
Name in IRS Master File RESOURCE EXCHANGE INTERNATIONAL INC
NTEE Code Q30
NTEE Classification International Development, Relief Services
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (560) Supplying money, goods or services to the poor
(149) Other instruction and training
(179) Other health services
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date February, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$56,197 2.61% Kenneth Erdmann President
Other Salaries of Note
$66,321 3.08% Jay Smidt Treasurer, Vice President
$58,663 2.72% Brian Teel Vice President Senior

Highly Rated

Charity Name & State Overall Score Overall Rating
Resource Exchange International (REI) (CO) 88.31 three stars
Village Health Works (NY) 96.71 four stars
Central American Medical Outreach (OH) 87.34 three stars
God's Littlest Angels (CO) 85.72 three stars
HOPE worldwide (CA) 89.40 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Resource Exchange International (REI)
5527 North Union Boulevard
Suite 200
Colorado Springs, CO 80918
tel: (800) 481-2201
fax: (719) 528-1667
EIN: 59-3043334

Visit Web Site

Board Leadership

Ken Gray
Chairman

CEO

Kenneth D. Erdmann
President & CEO

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