S — Community Improvement & Capacity BuildingEIN: 010527044· Ruling Year: 1999

October Corporation

Portland, Maine

DHealth Score
32D

Financial Health Score

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

Poor

💰
-$2.4M
Total Revenue
📊
$0
Total Expenses
🏦
$57.7M
Net Assets
📋
$633K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.3%
Year-over-year change (2022 → 2023)
Net Margin
+100.0%
Revenue minus expenses as % of revenue
Liabilities-to-Assets
1.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023-$2,397,404↓32%$0$58,318,445↓2%
2022-$1,812,728↓30%$0$59,502,201↓9%
2021-$1,397,753↑55%$0$65,654,682↓4%
2020-$3,104,098↑11%$0$68,310,789
2019-$3,479,069↑5%$0$68,485,825↑3%
2018-$3,652,081↓7%$0$66,289,643↓2%
2017-$3,426,043↓16%$0$67,579,502↓5%
2016-$2,946,438$0$70,783,045↓3%
2015-$2,950,546↓1%$0$73,302,101↓3%
2014-$2,928,410↓14%$0$75,887,399↓5%
2013-$2,568,313↑7%$0$80,098,130↓3%
2012-$2,763,914↓2%$0$82,265,184↓3%
2011-$2,714,977$0$84,818,629

Frequently Asked Questions

What does October Corporation do?▼

October Corporation is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S47 and is registered as a 501(c) tax-exempt organization with the IRS.

Is October Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, October Corporation has a score of 32/100 (Grade: D). 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 October Corporation generate?▼

October Corporation reports -$2.3M in annual revenue and holds $56.5M in total assets, based on IRS filings.

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