S โ€” Community Improvement & Capacity BuildingEIN: 861274227ยท Ruling Year: 2021

Ignite Presque Isle

Presque Isle, Maine

A-Health Score
77A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$5.2M
Total Revenue
๐Ÿ“Š
$3.7M
Total Expenses
๐Ÿฆ
$7.7M
Net Assets
๐Ÿ“‹
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+30.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.11
Net assets divided by total expenses
Liabilities-to-Assets
12.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$5,228,714โ†‘22%$3,653,438โ†‘42%$8,852,197โ†‘20%
2022$4,298,460โ†“18%$2,564,428โ†‘196%$7,391,898โ†‘66%
2021$5,265,872$865,038$4,447,439

Frequently Asked Questions

What does Ignite Presque Isle do?โ–ผ

Ignite Presque Isle is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ignite Presque Isle financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ignite Presque Isle has a score of 77/100 (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 Ignite Presque Isle generate?โ–ผ

Ignite Presque Isle reports $3.9M in annual revenue and holds $9.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Community Improvement & Capacity Building category, or browse all nonprofits in Maine.

Ignite Presque Isle โ€” Presque Isle, ME | GiveScope