ZUnclassifiedEIN: 010211547· Ruling Year: 1940

Redington Memorial Home

Skowhegan, Maine

B+Health Score
65B+

Financial Health Score

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

Good

💰
$1.2M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$5.4M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.2%
Year-over-year change (2022 → 2023)
Net Margin
-8.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.24
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,185,88118%$1,284,04612%$5,438,6142%
2022$1,003,20524%$1,142,8479%$5,536,7792%
2021$807,31317%$1,045,5772%$5,676,4214%
2020$974,1538%$1,023,64610%$5,914,6851%
2019$1,054,4999%$926,90512%$5,964,1789%
2015$970,5427%$829,87510%$5,453,9842%
2014$1,045,8738%$922,28813%$5,344,8353%
2013$966,9831%$814,5476%$5,202,6903%
2012$980,7616%$766,7067%$5,048,2264%
2011$923,265$824,810$4,831,364

Frequently Asked Questions

What does Redington Memorial Home do?

Redington Memorial Home is a unclassified nonprofit organization based in Maine. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Redington Memorial Home financially healthy?

Based on our 9-metric Financial Health Score model, Redington Memorial Home 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 Redington Memorial Home generate?

Revenue data for Redington Memorial Home is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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