Foundation for a Strong Maine Economy
Augusta, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,241,469↑48% | $3,480,305↑54% | $2,200,914↓58% | — |
| 2022 | $2,195,380↓12% | $2,258,589 | $5,180,935↑228% | — |
| 2021 | $2,495,070↓10% | $2,260,941↓14% | $1,579,094↓3% | — |
| 2020 | $2,768,567↑40% | $2,626,801↑18% | $1,636,067↓29% | — |
| 2019 | $1,972,183↑19% | $2,235,133↑42% | $2,303,495↓13% | — |
| 2018 | $1,657,929↑36% | $1,568,834↑27% | $2,661,284↑330% | — |
| 2017 | $1,218,700↑316% | $1,231,891↑424% | $619,322↑851% | — |
| 2016 | $293,213↓24% | $234,965↓54% | $65,106↑850% | — |
| 2015 | $388,000↑166% | $516,249↑4660% | $6,856↓95% | — |
| 2014 | $146,050 | $10,846 | $135,226 | — |
Frequently Asked Questions
What does Foundation for a Strong Maine Economy do?▼
Foundation for a Strong Maine Economy is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Foundation for a Strong Maine Economy financially healthy?▼
Based on our 9-metric Financial Health Score model, Foundation for a Strong Maine Economy has a score of 50/100 (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 Foundation for a Strong Maine Economy generate?▼
Foundation for a Strong Maine Economy reports $3.6M in annual revenue and holds $2.2M in total assets, based on IRS filings.
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