SCommunity Improvement & Capacity BuildingEIN: 010355563· Ruling Year: 1978

Maine Development Foundation

Augusta, Maine

B-Health Score
46B-

Financial Health Score

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

Average

💰
$3.2M
Total Revenue
📊
$3.4M
Total Expenses
🏦
$71K
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.7%
Year-over-year change (2022 → 2023)
Net Margin
-6.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
94.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,160,30013%$3,361,15023%$1,176,86239%
2022$2,803,2855%$2,739,6561%$1,919,05198%
2021$2,681,4447%$2,780,6407%$970,79938%
2020$2,516,32440%$2,600,65141%$1,568,365120%
2019$1,791,473$1,849,434$713,21810%
2018$1,792,3738%$1,857,22431%$788,41213%
2017$1,659,22936%$1,422,1715%$696,53043%
2016$1,217,80112%$1,351,96113%$486,92819%
2015$1,085,48146%$1,193,33542%$597,70313%
2014$2,021,3242%$2,043,1791%$685,01324%
2013$1,972,85626%$2,071,51065%$896,5078%
2012$1,562,1126%$1,253,61216%$976,66840%
2011$1,473,122$1,488,806$699,961

Frequently Asked Questions

What does Maine Development Foundation do?

Maine Development Foundation is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Development Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Maine Development Foundation has a score of 46/100 (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 Maine Development Foundation generate?

Maine Development Foundation reports $3.0M in annual revenue and holds $970K in total assets, based on IRS filings.

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