Maine Learning Innovations
Augusta, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very 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
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,379,378↑9% | $4,971,833↑7% | $3,432,044↑24% | |
| 2022 | $4,957,179↑4% | $4,654,238↓1% | $2,760,882↑17% | — |
| 2021 | $4,766,879↑17% | $4,716,466↑10% | $2,364,365↓3% | — |
| 2020 | $4,064,795↓7% | $4,291,643↑17% | $2,431,397↓7% | — |
| 2019 | $4,371,555↑20% | $3,678,590↑22% | $2,616,943↑43% | — |
| 2018 | $3,651,703↑13% | $3,007,537↑13% | $1,835,518↑76% | — |
| 2017 | $3,241,842↑28% | $2,668,502↑24% | $1,040,546↑56% | — |
| 2016 | $2,532,442 | $2,158,055 | $667,736 | — |
Frequently Asked Questions
What does Maine Learning Innovations do?▼
Maine Learning Innovations is a education nonprofit organization based in Maine. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Learning Innovations financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Learning Innovations has a score of 79/100 (Grade: A-). 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 Learning Innovations generate?▼
Maine Learning Innovations reports $5.8M in annual revenue and holds $4.1M in total assets, based on IRS filings.