Alfond Scholarship Foundation
Portland, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,242,635↓3% | $7,378,689↑1% | $1,758,855↓13% | |
| 2022 | $7,474,819↑6% | $7,306,410↑3% | $2,013,971↑12% | — |
| 2021 | $7,054,853↑1% | $7,082,388 | $1,799,589 | — |
| 2020 | $6,981,556↓5% | $7,047,227↓2% | $1,806,089↓6% | — |
| 2019 | $7,383,187↑112% | $7,220,097↑102% | $1,930,355↑3% | — |
| 2018 | $3,489,819↓55% | $3,569,965↓54% | $1,867,014↓29% | — |
| 2017 | $7,812,082↑11% | $7,726,476↑11% | $2,613,540↑18% | — |
| 2016 | $7,018,266↑3% | $6,981,192↑5% | $2,218,254↑29% | — |
| 2015 | $6,787,304↓45% | $6,632,445↓46% | $1,721,318↑11% | — |
| 2014 | $12,294,887↑249% | $12,282,217↑250% | $1,544,603↑5247% | — |
| 2013 | $3,522,066↑12% | $3,506,946↑10% | $28,886↓45% | — |
| 2012 | $3,155,108↑2% | $3,182,107↑4% | $52,559↑48% | — |
| 2011 | $3,083,827 | $3,067,217 | $35,447 | — |
Frequently Asked Questions
What does Alfond Scholarship Foundation do?▼
Alfond Scholarship Foundation is a education nonprofit organization based in Maine. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Alfond Scholarship Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Alfond Scholarship Foundation has a score of 38/100 (Grade: C). 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 Alfond Scholarship Foundation generate?▼
Alfond Scholarship Foundation reports $7.2M in annual revenue and holds $1.7M in total assets, based on IRS filings.