BEducationEIN: 203559947· Ruling Year: 2006

Educate Maine

Portland, Maine

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.34×
Peer Median20.77×
💰
$2.2M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$771K
Net Assets
📋
$212K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+40.3%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.34
Net assets divided by total expenses
Liabilities-to-Assets
21.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,165,03540%$2,268,98233%$983,3617%
2022$1,542,98781%$1,701,73752%$1,053,6055%
2021$852,65936%$1,120,35720%$1,112,37426%
2020$1,324,80832%$1,405,91213%$1,499,547
2019$1,954,22562%$1,616,99563%$1,506,39323%
2018$1,205,1179%$992,4074%$1,229,39122%
2017$1,101,20344%$958,26746%$1,006,52645%
2016$764,7336%$656,17317%$695,39937%
2015$720,32725%$560,6749%$508,21591%
2014$574,67321%$614,95416%$266,5698%
2013$731,1623%$734,8999%$288,79716%
2012$752,859166%$671,644125%$345,40567%
2011$282,976$298,105$207,274

Frequently Asked Questions

What does Educate Maine do?

Educate Maine is a education nonprofit organization based in Maine. It is classified under NTEE code B05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Educate Maine financially healthy?

Based on our 9-metric Financial Health Score model, Educate Maine has a score of 63/100 (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 Educate Maine generate?

Educate Maine reports $3.6M in annual revenue and holds $1.8M in total assets, based on IRS filings.

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