Civic Intelligence

Medomak Exchange

EIN 87-2102698 • 501(c)3 • Waldoboro, ME

Profile

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

Refreshing map…

101 Butter PtWaldoboro, ME 04572-6143

www.medomakexchange.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

97th percentile

251%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

146%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$386,672

Up $276,378 (+251%) from 2023

Liabilities

Up

$0

Up $264 (+100%) from 2023

Net Assets

Up

$386,672

Up $276,114 (+250%) from 2023

Revenue

Up

$516,075

Up $306,417 (+146%) from 2023

Expenses

Up

$155,313

Up $44,945 (+41%) from 2023

Net Income

Up

$360,762

Up $261,472 (+263%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2022: $9,449Liabilities 2022: $0Net Assets 2022: $9,4492022Assets 2023: $110,294Liabilities 2023: -$264Net Assets 2023: $110,5582023Assets 2024: $386,672Liabilities 2024: $0Net Assets 2024: $386,6722024

Highlighted filing

2024

Assets$386,672
Liabilities$0
Net Assets$386,672

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2022: $83,495Expenses 2022: $83,792Net Income 2022: -$2972022Revenue 2023: $209,658Expenses 2023: $110,368Net Income 2023: $99,2902023Revenue 2024: $516,075Expenses 2024: $155,313Net Income 2024: $360,7622024

Highlighted filing

2024

Revenue$516,075
Expenses$155,313
Net Income$360,762

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.0
Gross Receipts
$568,073
Mission and Program Overview

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.

Medomak exchange vision: a town where people live, work and play together in and out of their neighborhoods and social groups - where there's a common effort for everyone to be seen, heard, able to feel like they belong, can contribute and be valued for their contribution - a culture where kindness, creativity and generosity flow. The site management team exists to develop and maintain the physical spaces of medomak exchange (the good things thrift & craft shop, the free clothing closet and food pantry barn, and the medomak house) in alignment with the overall vision, providing an environment for gatherings, programs and activities which encourage sharing and building community resilience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$64,490$202,096▲ $137,606
Savings and Temporary Cash Investments$3,114$174,163▲ $171,049
Cash and Non-Interest-Bearing Accounts$42,690$10,413▼ $32,277
Total Assets$110,294$386,672▲ $276,378
Liabilities
Other Liabilities$-264--
Total Liabilities$-264$0▲ $264
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$107,579$383,693▲ $276,114
Net Assets With Donor Restrictions$2,979$2,979→ $0
Total Net Assets Fund Balance$110,558$386,672▲ $276,114
Total Liabilities and Net Assets / Fund Balance$110,294$386,672▲ $276,378

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$189,744$3,446$193,190
Equipment$12,352$7,678$20,030
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peggy DavisPresident
Alexa StarkBoard Member
Gale HenryBoard Member
Jan VisserBoard Member
Jann MinzyBoard Member
Mary BischoffBoard Member
Pam PostSecretary
Ron DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$140,011
Program Service Revenue
$127,464
Investment Income
$248,600
Other Revenue
$0
All Other Contributions
$140,011
Change in Net Assets
$360,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,523
Salaries, Compensation, and Employee Benefits$75,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,986--$69,986
Occupancy$22,822--$22,822
Fees for Services Other$15,070$829-$15,899
Insurance$8,279$1,331-$9,610
Depreciation Depletion$7,252--$7,252
Fees for Services Accounting$3,946$2,877-$6,823
Payroll Taxes$5,354--$5,354
Travel$2,366--$2,366
Fees for Services Legal$450$200-$650
Office Expenses$324$146-$470
Other Employee Benefits$450--$450
All Other Expenses$91$271-$362
Information Technology$291$17-$308
Other Expenses$254$1,439-$254
Advertising$163--$163
Total Functional Expenses$148,203$7,110$0$155,313
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Ron davis peggy davis treasurer president husband/wife

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the board prior to filing.

Form 990, Page 6, Part VI, Line 19

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Medomak Exchange
EIN
87-2102698
Phone
2078413027
Address
101 BUTTER PT, WALDOBORO, ME 04572-6143

Signing Officer

Name
Peggy Davis
Title
President
Phone
2078413027
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy Davis
Formed
2021
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
43

Preparer

Firm
Runyon Kersteen Ouellette
Address
20 LONG CREEK DR, SOUTH PORTLAND, ME 04106
Preparer
Amy Chasse
Phone
2077732986
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Medomak exchange vision: a town where people live, work and play together in and out of their neighborhoods and social groups - where there's a common effort for everyone to be seen, heard, able to feel like they belong, can contribute and be valued for their contribution - a culture where kindness, creativity and generosity flow. The site management team exists to develop and maintain the physical spaces of medomak exchange (the good things thrift & craft shop, the free clothing closet and food pantry barn, and the medomak house) in alignment with the overall vision, providing an environment for gatherings, programs and activities which encourage sharing and building community resilience.

Form 990, Page 2, Part III, Line 4D

The medomak house: the medomak house exists to be a gathering space for the people of the waldoboro area and beyond to connect, share and build community resilience. Through meetings, courses and occasional retreats, programs will be offered to educate and empower persons to express more strongly and effectively their natural capacities to be creative, generous and kind. Space will be made available for meetings or courses by others who share a vision of strengthening beneficial community connections.

Form 990, Part IX, Line 11G

Other 14,207 735 0 fundraising 420 94 0 payroll processing 443 0 0 total 15,070 829 0

Raw XML AppendixShowing 400 of 404 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy3Grp/Desc0HOLDING SPACE FOR WALDOBORO ARE PEOPLE OF ALL INCOME LEVELS TO SHARE AND BUILD COMMUNITY RESILIENCE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MEDOMAK HOUSE: THE MEDOMAK HOUSE EXISTS TO BE A GATHERING SPACE FOR THE PEOPLE OF THE WALDOBORO AREA AND BEYOND TO CONNECT, SHARE AND BUILD COMMUNITY RESILIENCE. THROUGH MEETINGS, COURSES AND OCCASIONAL RETREATS, PROGRAMS WILL BE OFFERED TO EDUCATE AND EMPOWER PERSONS TO EXPRESS MORE STRONGLY AND EFFECTIVELY THEIR NATURAL CAPACITIES TO BE CREATIVE, GENEROUS AND KIND. SPACE WILL BE MADE AVAILABLE FOR MEETINGS OR COURSES BY OTHERS WHO SHARE A VISION OF STRENGTHENING BENEFICIAL COMMUNITY CONNECTIONS.
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IRS990/PYOtherRevenueAmt072432
IRS990/PYProgramServiceRevenueAmt023298
IRS990/PYRevenuesLessExpensesAmt099290
IRS990/PYSalariesCompEmpBnftPaidAmt05745
IRS990/PYTotalExpensesAmt0110368
IRS990/PYTotalRevenueAmt0209658
IRS990/ReconcilationRevenueExpnssAmt0360762
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03114
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174163
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0132000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0132000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0140011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058583
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt059847
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0275079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04384
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0600
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04984
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0127464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt095730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0227549
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt017019
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt021519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04384
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04984
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct00.74110
IRS990ScheduleA/PublicSupportPY509Pct00.82280
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0132000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt080821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt021538
IRS990ScheduleA/Total509Grp/TotalAmt0524147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0271859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0154913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt080821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt021538
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0529131
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt03446
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0193190
IRS990ScheduleD/EquipmentGrp/BookValueAmt012352
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020030
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0202096
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEDOMAK EXCHANGE VISION: A TOWN WHERE PEOPLE LIVE, WORK AND PLAY TOGETHER IN AND OUT OF THEIR NEIGHBORHOODS AND SOCIAL GROUPS - WHERE THERE'S A COMMON EFFORT FOR EVERYONE TO BE SEEN, HEARD, ABLE TO FEEL LIKE THEY BELONG, CAN CONTRIBUTE AND BE VALUED FOR THEIR CONTRIBUTION - A CULTURE WHERE KINDNESS, CREATIVITY AND GENEROSITY FLOW. THE SITE MANAGEMENT TEAM EXISTS TO DEVELOP AND MAINTAIN THE PHYSICAL SPACES OF MEDOMAK EXCHANGE (THE GOOD THINGS THRIFT & CRAFT SHOP, THE FREE CLOTHING CLOSET AND FOOD PANTRY BARN, AND THE MEDOMAK HOUSE) IN ALIGNMENT WITH THE OVERALL VISION, PROVIDING AN ENVIRONMENT FOR GATHERINGS, PROGRAMS AND ACTIVITIES WHICH ENCOURAGE SHARING AND BUILDING COMMUNITY RESILIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEDOMAK HOUSE: THE MEDOMAK HOUSE EXISTS TO BE A GATHERING SPACE FOR THE PEOPLE OF THE WALDOBORO AREA AND BEYOND TO CONNECT, SHARE AND BUILD COMMUNITY RESILIENCE. THROUGH MEETINGS, COURSES AND OCCASIONAL RETREATS, PROGRAMS WILL BE OFFERED TO EDUCATE AND EMPOWER PERSONS TO EXPRESS MORE STRONGLY AND EFFECTIVELY THEIR NATURAL CAPACITIES TO BE CREATIVE, GENEROUS AND KIND. SPACE WILL BE MADE AVAILABLE FOR MEETINGS OR COURSES BY OTHERS WHO SHARE A VISION OF STRENGTHENING BENEFICIAL COMMUNITY CONNECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RON DAVIS PEGGY DAVIS TREASURER PRESIDENT HUSBAND/WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER 14,207 735 0 FUNDRAISING 420 94 0 PAYROLL PROCESSING 443 0 0 TOTAL 15,070 829 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0386672
IRS990/TotalAssetsGrp/BOYAmt0110294
IRS990/TotalAssetsGrp/EOYAmt0386672
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07110
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148203
IRS990/TotalFunctionalExpensesGrp/TotalAmt0155313
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0-264
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalProgramServiceExpensesAmt0148203
IRS990/TotalProgramServiceRevenueAmt0127464
IRS990/TotalRevenueGrp/ExclusionAmt04384
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0371680
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0516075
IRS990/TotalVolunteersCnt043
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110294
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0386672
IRS990/TravelGrp/ProgramServicesAmt02366
IRS990/TravelGrp/TotalAmt02366
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IRS990/WebsiteAddressTxt0WWW.MEDOMAKEXCHANGE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PEGGY DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02078413027
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDOMAK EXCHANGE
ReturnHeader/Filer/BusinessNameControlTxt0MEDO
ReturnHeader/Filer/EIN0872102698
ReturnHeader/Filer/PhoneNum02078413027
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 BUTTER PT
ReturnHeader/Filer/USAddress/CityNm0WALDOBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd0045726143
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010440155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUNYON KERSTEEN OUELLETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020 LONG CREEK DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH PORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004106
ReturnHeader/PreparerPersonGrp/PhoneNum02077732986
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY CHASSE
ReturnHeader/ReturnTs02025-11-17T14:10:49-05:00

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