MEDOMAK EXCHANGE (EIN 872102698) - 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

2021

Legal Domicile

Principal Officer

PEGGY DAVIS

Phone

2078413027

Tax Period

2023-01-01 to 2023-12-31

MEDOMAK EXCHANGE, founded in 2021, is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2023. Revenue surged 151% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 47% operating margin.

Mission

CHARITABLE AND EDUCATIONAL ACTIVITIES FOR PEOPLE IN THE AREA OF WALDOBORO MAINE. EMPHASIS IS ON PROGRAMS WHICH FOSTER CONNECTION AND COMMUNITY ACROSS THE VARIOUS SOCIOECONOMIC GROUPS WHO LIVE HERE AND BUILD CAPACITY TO CARE FOR SELF, FAMILY AND OTHERS. PROGRAMS AND SERVICES ARE OFFERED IN SAFE AND CREATIVE SPACES AND ACCOMPLISH THINGS SUCH AS REDUCING FOOD INSECURITY, LOWERING COMMUNICATION BARRIERS AND INCREASING AWARENESS OF AND ACCESS TO ALREADY AVAILABLE RESOURCES.

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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 $58,583

Program Service Revenue $23,298

Investment Income $55,345

Other Revenue $72,432

TOTAL REVENUE $209,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,745

Fundraising Expenses $0

Program Expenses $108,868

Other Expenses $104,623

TOTAL EXPENSES $110,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,658	$83,496	+1.5%
Expenses	$110,368	$83,792	+0.3%
Net Income	$99,290	$-296	-336.4%

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

Volunteers

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
PEGGY DAVIS	PRESIDENT	12.00	Officer Director	$0	$0	$0
RHONDA COLLAMORE	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
RON DAVIS	TREASURER	10.00	Officer Director	$0	$0	$0
MARY ANN GUERNSEY	SECRETARY	2.00	Officer Director	$0	$0	$0
NANCY DUNCAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH STOUT	BOARD MEMBER	5.00	Director	$0	$0	$0
JAN VISSER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY BISCHOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
JANN MINZY	BOARD MEMBER	1.00	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	No data	No data	No data	No data
2023	$209,658	$110,368	$110,294	$99,290

MEDOMAK EXCHANGE