Lifeflight of Maine LLC

Bangor, Maine

A-Health Score
84A-

Financial Health Score

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

Very Good

💰
$28.3M
Total Revenue
📊
$20.6M
Total Expenses
🏦
$28.7M
Net Assets
📋
$13.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.1%
Year-over-year change (2022 → 2023)
Net Margin
+27.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$28,301,55121%$20,591,36711%$41,693,59315%
2022$23,373,07330%$18,605,6009%$36,347,00317%
2021$18,002,26417%$17,077,2488%$31,032,10120%
2020$21,739,46949%$15,856,8125%$25,760,8705%
2019$14,629,9161%$15,117,8806%$24,528,9581%
2018$14,492,08432%$14,241,56023%$24,689,4084%
2017$11,009,54415%$11,615,99617%$25,771,01042%
2016$12,968,39643%$9,956,03614%$18,105,38512%
2015$9,047,4368%$8,741,15912%$16,148,78761%
2014$9,865,10123%$9,891,95115%$10,050,31010%
2013$8,051,44511%$8,564,6341%$9,143,86211%
2012$9,052,4427%$8,614,80110%$10,284,5173%
2011$8,461,605$7,808,204$9,960,258

Frequently Asked Questions

What does Lifeflight of Maine LLC do?

Lifeflight of Maine LLC is a public safety, disaster preparedness & relief nonprofit organization based in Maine. It is classified under NTEE code M23 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifeflight of Maine LLC financially healthy?

Based on our 9-metric Financial Health Score model, Lifeflight of Maine LLC has a score of 84/100 (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 Lifeflight of Maine LLC generate?

Lifeflight of Maine LLC reports $27.1M in annual revenue and holds $42.6M in total assets, based on IRS filings.

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