Last Sheaf Building Materials Exchange

Tax-deductible

Lisbon, ME501(c)(3)Since 2023Human ServicesEIN 93-2304365Revenue $542K in FY2025

On file with the IRS102 Lisbon St, 04250-6018 · Lisbon, METax-exempt since May 2024Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Our mission is to benefit low-income homeowners, and to reduce waste in the environment by repurposing surplus Building Materials, enabling low income homeowners to better maintain their homes.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 40 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $503K a year · 76% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 16.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$542K
+25% vs prior year
Spent
$213K
To programs
100%
Net assets
$1.5M
By yearFY2023–FY2025
Revenue
$542K
FY2025▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2023$1.0M
FY2024$435K
FY2025$542K
Expenses
$213K
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2023$50K
FY2024$206K
FY2025$213K
Net assets
$1.5M
FY2025▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2023$950K
FY2024$1.2M
FY2025$1.5M

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $213K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Last Sheaf Building Materials Exchange executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Repurposes building materials to help low-income homeowners maintain their homes and reduce waste.

Questions for Last Sheaf Building Materials Exchange

Tap to ask. Last Sheaf Building Materials Exchange sees how many people are interested.

Your first name shows with your question. Last Sheaf Building Materials Exchange answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $213K · in their own filed words · FY2025
01

The last sheaf building materials exchange offers a variety of new, used, and salvaged building materials, tools, and supplies at greatly reduced prices. Anyone can shop at the bme and take advantage of the great prices we offer, but the greatest discounts are reserved for low income homeowners and those most in need.

$213Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$542K
Ln 12
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$2K
Money outPt IX
$213K
Ln 25
Programscol B$213K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$290K
Total assetsLn 16$1.5M
LiabilitiesLn 26$3K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Noncash giftsLn 1g$1.0M
Investment incomeLn 3$2K
Total revenueLn 12$542K
Assets in detailPt X, end of year
CashLn 1$78K
SavingsLn 2$212K
Cash and savings togetherLn 1–2$290K
Land, buildings, equipmentLn 10c$260K
Other assetsLn 15$1K
Total assetsLn 16$1.5M
LiabilitiesLn 26$3K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 53
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$143K$290K
Land, buildings, equipmentLn 10c$268K$260K
Total assetsLn 16$1.2M$1.5M
LiabilitiesLn 26$5K$3K
Net assetsLn 32$1.2M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$122K$122K
Other employee benefitsLn 9$17K$17K
Payroll taxesLn 10$11K$11K
Accounting feesLn 11c$800$800
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$9K$9K
OccupancyLn 16$14K$14K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$21K$21K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$213K$213K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $542K$213K$329K$1.5M 990 PDF
FY2024 $435K$206K$229K$1.2M 990 PDF
FY2023 $1.0M$50K$950K$950K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $542,097 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $808,100$1,038,497
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,697$2,185
I-11 Other revenuePrior year −$375,294−$498,585
I-12 Total revenuePrior year $434,503$542,097
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $131,288$150,521
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $74,425$62,306
I-18 Total expensesPrior year $205,713$212,827
I-19 Revenue less expensesPrior year $228,790$329,270
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $542,097 across 5 lines filed
Lines not itemized here account for −$498,585 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,038,497
VIII-1g Noncash contributions (included above)$1,029,104
VIII-1h Total contributions, gifts and grants$1,038,497
VIII-3 Investment incomeExcluded from tax $2,185$2,185
VIII-12 Total revenueRelated to mission −$498,585 · Unrelated business $0 · Excluded from tax $2,185$542,097
Part IX · Statement of functional expenses $212,827 across 12 lines filed
IX-7 Other salaries and wagesPrograms $122,221$122,221
IX-9 Other employee benefitsPrograms $17,471$17,471
IX-10 Payroll taxesPrograms $10,829$10,829
IX-11c Accounting feesPrograms $800$800
IX-11g Other fees for servicesPrograms $3,000$3,000
IX-12 Advertising and promotionPrograms $1,060$1,060
IX-13 Office expensesPrograms $9,318$9,318
IX-16 OccupancyPrograms $14,285$14,285
IX-22 Depreciation, depletion and amortizationPrograms $7,663$7,663
IX-23 InsurancePrograms $3,257$3,257
IX-24 Other expenses (24a–d)Programs $21,084$21,084
IX-24e All other expensesPrograms $1,839$1,839
IX-25 Total functional expensesPrograms $212,827 · Management $0 · Fundraising $0$212,827
Part X · Balance sheet $1,511,184 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $64,236$78,430
X-2 Savings and temporary cash investmentsStart of year $78,510$211,741
X-8 Inventories for sale or useStart of year $772,202$959,339
X-10c Land, buildings and equipment, netStart of year $268,037$260,374
X-15 Other assetsStart of year $1,300$1,300
X-16 Total assetsStart of year $1,184,285$1,511,184
X-17 Accounts payable and accrued expensesStart of year $5,488$3,117
X-26 Total liabilitiesStart of year $5,488$3,117
X-32 Total net assets or fund balancesStart of year $1,178,797$1,508,067
X-33 Total liabilities and net assetsStart of year $1,184,285$1,511,184
Part XI · Reconciliation of net assets $1,508,067 net assets at year end
XI-1 Total revenue$542,097
XI-2 Total expenses$212,827
XI-3 Revenue less expenses$329,270
XI-4 Net assets at start of year$1,178,797
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,508,067

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.