MAINE HOUSING AND BUILDING MATERIALS EXCHANGE (EIN 010438695) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

PETER TAGGART

Phone

2078652281

Tax Period

2023-07-01 to 2024-06-30

MAINE HOUSING AND BUILDING MATERIALS EXCHANGE, founded in 1987, is a micro nonprofit in the Housing & Shelter sector that reported $178K in total revenue in fiscal year 2023. Revenue fell 265% from the prior year — a significant decline worth monitoring.

Mission

TO BENEFIT LOW INCOME HOMEOWNERS NEW AND RECYCLED BUILDINGS MATERIALS AT AN AFFORDABLE PRICE AND TO EDUCATE LOW INCOME HOMEOWNERS ON PRODUCT AWARENESS, CONSTRUCTION MATERIALS AND INSTALLATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-36,957

Other Revenue $-141,445

TOTAL REVENUE $-178,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,673

Other Expenses $17,969

TOTAL EXPENSES $17,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-178,402	$108,351	-2.6%
Expenses	$17,969	$172,701	-0.9%
Net Income	$-196,371	$-64,350	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER TAGGART	TREASURER	3.00	Officer Director	$0	$0	$0
RYAN SMITH	DIRECTOR	2.00	Director	$0	$0	$0
HAL BARTER	DIRECTOR	2.00	Director	$0	$0	$0
SHANE T WRIGHT	PRESIDENT	2.00	Officer Director	$0	$0	$0
GEORGE ROY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TED SMALL	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$-178,402	$17,969	$185,009	$-196,371
2023	$108,351	$172,701	$552,047	$-64,350
2022	$277,776	$250,080	$648,887	$27,696
2021	$477,195	$239,536	$664,488	$237,659
2020	$113,304	$294,617	$427,012	$-181,313
2019	$355,780	$308,810	$617,979	$46,970
2018	$268,938	$227,657	$597,162	$41,281

MAINE HOUSING AND BUILDING MATERIALS EXCHANGE