Eastern Maine Development Corporation
Bangor, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,477,472↓42% | $6,672,882↓37% | $11,588,285↑5% | — |
| 2022 | $11,157,433↓83% | $10,616,424↓83% | $11,057,915↓4% | — |
| 2021 | $64,676,194↑1483% | $61,045,869↑1373% | $11,518,769↑27% | — |
| 2020 | $4,085,051↓24% | $4,144,744↓27% | $9,037,895↑2% | — |
| 2019 | $5,349,511↑28% | $5,694,960↑44% | $8,884,691↓6% | — |
| 2018 | $4,165,924↓22% | $3,944,397↓12% | $9,451,435↑1% | — |
| 2017 | $5,340,792↓1% | $4,505,680↓10% | $9,372,569↑3% | — |
| 2016 | $5,382,179↑9% | $4,991,895↑6% | $9,087,221↑8% | — |
| 2015 | $4,928,336↑24% | $4,719,262↑4% | $8,406,533↓1% | — |
| 2014 | $3,978,900↓22% | $4,529,236↓10% | $8,515,108↓6% | — |
| 2013 | $5,087,389↓20% | $5,046,977↓26% | $9,046,014↓6% | — |
| 2012 | $6,373,818↓14% | $6,781,254↓19% | $9,625,299↓7% | — |
| 2011 | $7,391,274 | $8,401,751 | $10,309,811 | — |
Frequently Asked Questions
What does Eastern Maine Development Corporation do?▼
Eastern Maine Development Corporation is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Eastern Maine Development Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Eastern Maine Development Corporation has a score of 61/100 (Grade: B). 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 Eastern Maine Development Corporation generate?▼
Eastern Maine Development Corporation reports $10.5M in annual revenue and holds $11.8M in total assets, based on IRS filings.
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