BEducationEIN: 010517984· Ruling Year: 1998

Center For Furniture Craftsmanship

Rockport, Maine

B+Health Score
74B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org7.83×
Peer Median20.77×
💰
$1.9M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$16.2M
Net Assets
📋
$428K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.7%
Year-over-year change (2022 → 2023)
Net Margin
-6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.83
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,944,6432%$2,063,74223%$16,591,2349%
2022$1,978,65944%$1,672,79511%$15,231,50016%
2021$3,564,92793%$1,508,76426%$18,059,46622%
2020$1,851,02434%$1,196,87522%$14,847,5478%
2019$2,818,85118%$1,527,5131%$13,717,75420%
2018$3,434,30155%$1,538,2054%$11,447,13817%
2017$2,222,62687%$1,472,09113%$9,808,56618%
2016$1,187,9196%$1,305,5093%$8,287,2034%
2015$1,259,7642%$1,267,07113%$8,002,3273%
2014$1,234,83518%$1,461,46727%$8,212,4272%
2013$1,500,4776%$1,155,2736%$8,085,78016%
2012$1,410,68617%$1,084,959$6,951,07911%
2011$1,208,257$1,081,486$6,235,134

Frequently Asked Questions

What does Center For Furniture Craftsmanship do?

Center For Furniture Craftsmanship is a education nonprofit organization based in Maine. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Center For Furniture Craftsmanship financially healthy?

Based on our 9-metric Financial Health Score model, Center For Furniture Craftsmanship has a score of 74/100 (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 Center For Furniture Craftsmanship generate?

Center For Furniture Craftsmanship reports $3.4M in annual revenue and holds $17.7M in total assets, based on IRS filings.

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