Data / Crowdfunding / Massachusetts / EQUAL EXCHANGE INC
EQUAL EXCHANGE INC: crowdfunding raise on MiTec, PBC, $100,000 to $1,500,000 (2024)
EQUAL EXCHANGE INC, a corporation in West Bridgewater, MA, filed a Form C with the SEC on January 30, 2024 to raise $100,000 to $1,500,000 in debt through MiTec, PBC. The offering closed on April 30, 2024. In its most recent fiscal year it reported $72,892,590 in revenue and $1,942,007 in net income, with 106 employees.
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- Website
- www.equalexchange.coop
- Funding portal
- MiTec, PBC
- Address
- 50 UNITED DRIVE, West Bridgewater, MA 02379
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- February 6, 1986
- SEC CIK
- 0000797046
Offering terms
From the offering filed January 30, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,500,000
- Deadline
- April 30, 2024
- Portal compensation
- 6% of proceeds The issuer will also pay transaction and escrow fees that are not covered by $10 transaction fee issuer will require of each investor
Financials
From the Form C-AR filed December 2, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $72,892,590 | $72,141,679 | sec.gov |
| Cost of goods sold | $50,407,843 | $54,096,057 | sec.gov |
| Net income | $1,942,007 | $333,283 | sec.gov |
| Taxes paid | $755,419 | $30,451 | sec.gov |
| Total assets | $39,266,195 | $40,770,620 | sec.gov |
| Cash | $4,206,594 | $2,295,388 | sec.gov |
| Accounts receivable | $3,840,881 | $6,112,727 | sec.gov |
| Short-term debt | $6,585,988 | $8,658,383 | sec.gov |
| Long-term debt | $6,680,333 | $6,467,241 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 2, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2024 | Progress update | Not listed | Not listed | Issuer raised $679,857 from 221 investors | sec.gov | |
| January 30, 2024 | Offering | $100,000 | $1,500,000 | April 30, 2024 | sec.gov |
Updated December 2, 2025. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.