THE TUITION EXCHANGE INC Charity Report

Public IRS 990 nonprofit record

THE TUITION EXCHANGE INC

EIN 04-2227075 · Education (B90Z)

What they do

to ENSURE THAT ALL SEGMENTS of THE POPULATION HAVE ACCESS to MORE POST- SECONDARY EDUCATION THROUGH EXPANSION of THE TUITION EXCHANGE SCHOLARSHIP PROGRAM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.05%of revenue went to mission work77.5% of expenses · Program services

$118.76spent for every $100 of revenueSpending was higher than revenue this year.

26.71%of revenue went to management and office costs22.5% of expenses

$1.49in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $164,154 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $218,521 for DR KRISTIN R TICHENOR (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$875,089

Mission workProgram services$805,50992.05% of revenue77.5% of expenses

ManagementOffice and general costs$233,73426.71% of revenue22.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,039,243118.76% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202477.5% mission

202369.8% mission

202274.5% mission

202174.7% mission

202077.5% mission

201946.2% mission

201845.8% mission

201757.6% mission

Money in and money out

Revenue$875,089

Expenses$1,039,243

Annual shortfall $164,154 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$805,509 · 77.5% of expenses

Management and office costs$233,734 · 22.5% of expenses

See all reported dollar amounts

Revenue$875,089

Expenses$1,039,243

Assets$1,550,184

Income$896,879

Contributions$1,312

Mission work (program services)$805,509

Management and general$233,734

Stocks and bonds$809,997

Accounting fees$16,935

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR KRISTIN R TICHENORPRESIDENT · 38 hrs/week $218,521Base $182,693 · Other $35,828

KRISTINE LEV - ASSOCIATE VP FINANCEAND OPERATIO · 38 hrs/week $121,446Base $106,430 · Other $15,016

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

DR KRISTIN R TICHENORPRESIDENT

KRISTINE LEV - ASSOCIATE VP FINANCEAND OPERATIO

BARBARA B FRITZEDIRECTOR

DAVID MOWENDIRECTOR

DR ANTHONY S CAPRIODIRECTOR

DR LUCIE LAPOVSKYTREASURER

EDWIN J BUTTERFOSSDIRECTOR

LYNN M BYNUMCHAIRPERSON

MAUREEN A MCKINNONDIRECTOR

MELISSA J STONEDIRECTOR

MICHAEL H SCOTTDIRECTOR

PAUL W REDFERNDIRECTOR

YVONNE BERUMENDIRECTOR

About this charity

Recognized since: January 1994
Location: 3 BETHESDA METRO CENTER STE 700, BETHESDA, MD 20814
County: Montgomery
In care of: DR KRISTIN R TICHENOR
Primary officer: DR KRISTIN R TICHENOR, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@tuitionexchange.org Phone(301) 941-1827

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KENDALL PREBOLA AND JONES LLC
NTEE classification: Education (B90Z)