Harold Alfond Foundation

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 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.90×
Peer Median18.82×
💰
$111.0M
Total Revenue
📊
$100.8M
Total Expenses
🏦
$998.4M
Net Assets
📋
$3.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.3%
Year-over-year change (2022 → 2023)
Net Margin
+9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.90
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$110,997,249$100,839,081$1,001,625,6871%
2022$111,359,50359%$100,360,59811%$991,967,4461%
2021$272,492,79014%$90,798,63741%$984,812,76321%
2020$317,083,832466%$64,470,58610%$813,380,85739%
2019$56,069,28371%$58,455,12840%$583,629,7583%
2015$32,870,09824%$41,901,0517%$602,711,7242%
2014$43,134,01142%$39,049,13219%$590,595,3961%
2013$30,423,129429%$32,814,4863%$586,510,517
2012$5,755,45225%$31,747,4902%$588,901,8747%
2011$7,673,730$31,099,085$630,284,069

Frequently Asked Questions

What does Harold Alfond Foundation do?

Harold Alfond Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Maine. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Harold Alfond Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Harold Alfond Foundation 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 Harold Alfond Foundation generate?

Revenue data for Harold Alfond Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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