Northern Maine Development Commission Inc
Caribou, 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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,637,728↓55% | $4,030,581↓85% | $27,286,195↑43% | |
| 2022 | $27,868,170↓14% | $26,142,280↓5% | $19,059,929↓8% | — |
| 2021 | $32,269,814↑850% | $27,464,834↑736% | $20,810,299↑71% | — |
| 2020 | $3,395,037↑13% | $3,283,681↑8% | $12,146,172↑2% | — |
| 2019 | $2,999,105↑12% | $3,028,769 | $11,857,176↓4% | — |
| 2018 | $2,673,671↓11% | $3,035,216↑17% | $12,379,225↓6% | — |
| 2017 | $3,008,770↓34% | $2,597,835↓47% | $13,237,129↑1% | — |
| 2016 | $4,576,756↓33% | $4,864,078↓33% | $13,058,860↓1% | — |
| 2015 | $6,852,610↓19% | $7,224,717↓7% | $13,252,402↓2% | — |
| 2014 | $8,456,571↑28% | $7,749,281↑11% | $13,488,238↓1% | — |
| 2013 | $6,593,708↑12% | $6,990,046↑12% | $13,654,576↑14% | — |
| 2012 | $5,891,557 | $6,231,955 | $11,956,238 | — |
Frequently Asked Questions
What does Northern Maine Development Commission Inc do?▼
Northern Maine Development Commission Inc is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Maine Development Commission Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Maine Development Commission Inc has a score of 69/100 (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 Northern Maine Development Commission Inc generate?▼
Northern Maine Development Commission Inc reports $10.2M in annual revenue and holds $34.5M in total assets, based on IRS filings.
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