Maine Connections Academy Inc
S Portland, 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 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
9 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,603,508↑7% | $5,491,016↑3% | $1,720,155↑7% | |
| 2022 | $5,216,066↑13% | $5,327,039↑9% | $1,613,029↓4% | — |
| 2021 | $4,600,495↑6% | $4,875,839↑12% | $1,679,871↓10% | — |
| 2020 | $4,349,003↓3% | $4,339,897↑5% | $1,869,675↑2% | — |
| 2019 | $4,484,576↑11% | $4,139,421↑9% | $1,830,373↑20% | — |
| 2018 | $4,051,209↑3% | $3,784,098↑6% | $1,521,066↓2% | — |
| 2017 | $3,934,605↑13% | $3,557,189↑11% | $1,554,955↑54% | — |
| 2016 | $3,481,374↑49% | $3,192,192↑39% | $1,012,571↑75% | — |
| 2015 | $2,340,375 | $2,291,193 | $580,177 | — |
Frequently Asked Questions
What does Maine Connections Academy Inc do?▼
Maine Connections Academy Inc is a education nonprofit organization based in Maine. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Connections Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Connections Academy Inc has a score of 65/100 (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 Connections Academy Inc generate?▼
Maine Connections Academy Inc reports $6.4M in annual revenue and holds $2.2M in total assets, based on IRS filings.