Rafts Inc
Lewiston, Maine
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 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,711,173↑10% | $2,476,072↑8% | $1,146,493↑30% | |
| 2023 | $2,457,101↑7% | $2,303,199↑7% | $884,282↑4% | — |
| 2022 | $2,292,739↑45% | $2,157,345↑43% | $849,865↑56% | — |
| 2021 | $1,583,026↓9% | $1,509,066↓5% | $543,358↑6% | — |
| 2020 | $1,745,004↑19% | $1,580,388↑12% | $513,685↑15% | — |
| 2019 | $1,465,711↑6% | $1,406,437↑6% | $446,150↓3% | — |
| 2018 | $1,385,355↑3% | $1,321,825↑7% | $459,772↓1% | — |
| 2017 | $1,343,521↑2% | $1,240,188 | $465,241↓8% | — |
| 2016 | $1,312,479↓13% | $1,245,323↓6% | $506,646↑9% | — |
| 2015 | $1,511,774↓3% | $1,330,688↑2% | $465,536↓48% | — |
| 2014 | $1,556,182↑29% | $1,306,813↑7% | $886,864↓14% | — |
| 2013 | $1,204,609↑14% | $1,218,581↓1% | $1,030,575 | — |
| 2012 | $1,059,136↓4% | $1,231,799 | $1,028,822↓24% | — |
| 2011 | $1,104,145 | $1,230,353 | $1,354,727 | — |
Frequently Asked Questions
What does Rafts Inc do?▼
Rafts Inc is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Rafts Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Rafts Inc has a score of 71/100 (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 Rafts Inc generate?▼
Rafts Inc reports $2.7M in annual revenue and holds $1.1M in total assets, based on IRS filings.
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