BEducationEIN: 010212438

Maine Central Institute

Pittsfield, Maine

AHealth Score
88A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.03×
Peer Median9.48×
💰
$14.1M
Total Revenue
📊
$11.1M
Total Expenses
🏦
$22.5M
Net Assets
📋
$4.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.7%
Year-over-year change (2022 → 2023)
Net Margin
+21.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.03
Net assets divided by total expenses
Liabilities-to-Assets
17.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,107,48221%$11,080,99310%$27,313,6445%
2022$11,684,7649%$10,054,0003%$28,801,5824%
2021$10,693,27920%$9,794,2755%$27,592,2459%
2020$8,938,2975%$9,298,8195%$25,292,0371%
2019$9,398,6867%$9,815,3936%$24,965,7164%
2018$10,144,13518%$10,476,6922%$25,909,9531%
2017$12,440,5092%$10,658,0592%$26,145,7089%
2016$12,755,80410%$10,916,23712%$23,969,6795%
2015$11,576,01617%$9,769,30812%$22,757,1578%
2014$9,887,0853%$8,699,8834%$20,998,46911%
2013$9,638,76824%$9,080,64710%$18,933,4382%
2012$12,691,32631%$10,118,2891%$18,532,0636%
2011$9,670,872$10,019,410$17,406,517

Frequently Asked Questions

What does Maine Central Institute do?

Maine Central Institute is a education nonprofit organization based in Maine. It is classified under NTEE code B250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Central Institute financially healthy?

Based on our 9-metric Financial Health Score model, Maine Central Institute has a score of 88/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Maine Central Institute generate?

Maine Central Institute reports $12.0M in annual revenue and holds $26.5M in total assets, based on IRS filings.

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