North Carolina · Nonprofit
SCRAP EXCHANGE INC
SCRAP EXCHANGE INC (North Carolina) receives grants from 10 organizations whose IRS filings report $383,285 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($146,402). 5 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.8M
- Funders on record
- 10
- Grants received
- $383k
- Net assets
- $-1194048
What Scrap Exchange Inc does
Mission
To promote creativity, environmental awareness, and community through reuse.
As stated on its FY2024 Form 990.
Programs
Retail operations and creative reuse center:scrap exchange operates two retail stores in durham, nc - the reuse arts shop and the scrap thrift store - which sell donated industrial discards and other pre- and post-consumer materials. These stores provide affordable access to art supplies, hardware, textiles, vintage items, and more, supporting creative reuse and environmental sustainability. In calendar year 2024, retail operations helped divert hundreds of tons of usable materials from the waste stream.
$1,286,279 spent$1,451,607 earned by the program55% of program spendingEvents, parties, & classes:educational workshops and outreach programming:the organization delivers hands-on creative arts programming through workshops, school visits, festivals, and community events. These programs utilize reclaimed materials to teach environmental awareness and foster creativity among children, youth, and adults. In 2024, scrap exchange partnered with community organizations and served individuals through outreach events, trainings, and educational activities.make n' take room and on-site programming:the make n' take room provides drop-in crafting opportunities, birthday parties, field trips, and team-building events using reusable materials. Participants engage in open-ended creative exploration with access to a wide variety of supplies. In 2024, the program welcomed more than 80 field trip groups and private rentals, fostering imaginative play and promoting environmental stewardship.
$128,466 spent$144,979 earned by the program5% of program spendingReuse arts district and property stewardship:scrap exchange manages approximately 10 acres and 80,000 square feet of commercial space in durham's lakewood shopping center as part of its reuse arts district initiative. This space supports artists, small businesses, and community organizations aligned with the mission of promoting creativity and reuse. The organization provides affordable rent, maintains facilities, and continues to develop the district as a hub for cultural and environmental innovation.
$923,292 spent$1,041,966 earned by the program39% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,338,037.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.7M to $6.8M (+20%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 13% · 2021 11%. Grants only. Government contracts and fees sit inside program revenue.
5% of SCRAP EXCHANGE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Heather A Cook
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $26k → $8k.
5 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SCRAP EXCHANGE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SCRAP EXCHANGE INC leans on a few funders — its largest provides 38% of grant income and the top three 78%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SCRAP EXCHANGE INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 68% · 2020 73% · 2021 38% · 2022 99% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of SCRAP EXCHANGE INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
73% of SCRAP EXCHANGE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $103k that is directly attributable, 84% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $280k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SCRAP EXCHANGE INC is better cushioned than half of the 2,186 environment nonprofits its size.
this organization peer median middle 50% of peers· 2,186 environment nonprofits $1M–$10M, FY2024
Organizations like SCRAP EXCHANGE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Rad Durham LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for SCRAP EXCHANGE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SCRAP EXCHANGE INC?
- SCRAP EXCHANGE INC (North Carolina) receives grants from 10 organizations whose IRS filings report $383,285 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($146,402). 5 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does SCRAP EXCHANGE INC have?
- IRS filings report 10 organizations giving $383,285 in grants to SCRAP EXCHANGE INC, 5 of which have funded it in more than one year.
- Who is the largest funder of SCRAP EXCHANGE INC?
- TRIANGLE COMMUNITY FOUNDATION INC is the largest funder on record, with $146,402 in grants. The full list of funders is on this page.
- How can an organization like SCRAP EXCHANGE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Scrap Exchange →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing