BEducationEIN: 542127254· Ruling Year: 2004

Midcoast Literacy

Bath, Maine

BHealth Score
60B

Financial Health Score

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

Above Average

💰
$195K
Total Revenue
📊
$187K
Total Expenses
🏦
$99K
Net Assets
📋
$16K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.53
Net assets divided by total expenses
Liabilities-to-Assets
13.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$195,01713%$186,56913%$114,8781%
2022$172,0557%$165,7842%$113,33431%
2021$184,19841%$163,0384%$86,7968%
2020$130,6568%$156,93812%$80,68415%
2019$121,24673%$140,500118%$94,54636%
2018$70,28733%$64,48951%$147,71530%
2018$104,34534%$130,8765%$113,70425%
2017$157,20513%$124,4809%$151,8897%
2016$139,6184%$114,40717%$163,74417%
2015$133,69952%$97,6411%$140,172307%
2014$88,05116%$96,34744%$34,40519%
2013$75,67022%$66,79137%$42,64224%
2012$97,576$106,720$34,466

Frequently Asked Questions

What does Midcoast Literacy do?

Midcoast Literacy is a education nonprofit organization based in Maine. It is classified under NTEE code B60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midcoast Literacy financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Midcoast Literacy.

How much revenue does Midcoast Literacy generate?

Midcoast Literacy reports $201K in annual revenue and holds $148K in total assets, based on IRS filings.

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