EHealth CareEIN: 454331075

Maine Guaranteed Access Reinsurance Association

Portland, Maine

B-Health Score
50B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.30×
Peer Median8.62×
💰
$94.9M
Total Revenue
📊
$122.9M
Total Expenses
🏦
$36.6M
Net Assets
📋
$62.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.6%
Year-over-year change (2022 → 2023)
Net Margin
-29.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
62.9%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$94,901,71227%$122,907,11731%$98,613,9519%
2022$74,938,40728%$93,959,93231%$108,620,5262%
2021$103,548,8737%$71,737,3542%$111,387,71029%
2020$96,950,32326%$70,257,15934%$86,020,61624%
2019$131,643,917149952%$106,418,86522821%$69,477,2581382%
2018$87,732110%$464,2956%$4,687,9398%
2017$41,80691%$439,607107%$5,099,3626%
2016$462,947833%$212,49924%$5,441,0255%
2015$49,61599%$171,53797%$5,193,53117%
2014$9,123,557$4,958,729$6,219,913

Frequently Asked Questions

What does Maine Guaranteed Access Reinsurance Association do?

Maine Guaranteed Access Reinsurance Association is a health care nonprofit organization based in Maine. It is classified under NTEE code E800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Guaranteed Access Reinsurance Association financially healthy?

Based on our 9-metric Financial Health Score model, Maine Guaranteed Access Reinsurance Association 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 Maine Guaranteed Access Reinsurance Association generate?

Maine Guaranteed Access Reinsurance Association reports $79.8M in annual revenue and holds $87.0M in total assets, based on IRS filings.

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