B — EducationEIN: 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$14,107,482↑21%$11,080,993↑10%$27,313,644↓5%
2022$11,684,764↑9%$10,054,000↑3%$28,801,582↑4%
2021$10,693,279↑20%$9,794,275↑5%$27,592,245↑9%
2020$8,938,297↓5%$9,298,819↓5%$25,292,037↑1%
2019$9,398,686↓7%$9,815,393↓6%$24,965,716↓4%
2018$10,144,135↓18%$10,476,692↓2%$25,909,953↓1%
2017$12,440,509↓2%$10,658,059↓2%$26,145,708↑9%
2016$12,755,804↑10%$10,916,237↑12%$23,969,679↑5%
2015$11,576,016↑17%$9,769,308↑12%$22,757,157↑8%
2014$9,887,085↑3%$8,699,883↓4%$20,998,469↑11%
2013$9,638,768↓24%$9,080,647↓10%$18,933,438↑2%
2012$12,691,326↑31%$10,118,289↑1%$18,532,063↑6%
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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