S โ€” Community Improvement & Capacity BuildingEIN: 010455701ยท Ruling Year: 2022

Maine Lobstermens Association Inc

Kennebunk, Maine

BHealth Score
57B

Financial Health Score

Provisional

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

Above Average

๐Ÿ’ฐ
$848K
Total Revenue
๐Ÿ“Š
$822K
Total Expenses
๐Ÿฆ
$1.0M
Net Assets
๐Ÿ“‹
$75K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-51.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$848,091โ†“51%$822,463โ†“28%$1,113,891โ†‘4%
2022$1,742,154$1,140,796$1,075,538

Frequently Asked Questions

What does Maine Lobstermens Association Inc do?โ–ผ

Maine Lobstermens Association Inc is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Lobstermens Association Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Maine Lobstermens Association Inc.

How much revenue does Maine Lobstermens Association Inc generate?โ–ผ

Maine Lobstermens Association Inc reports $910K in annual revenue and holds $1.3M in total assets, based on IRS filings.

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Maine Lobstermens Association Inc โ€” Kennebunk, ME | GiveScope