BEducationEIN: 010219126

Lincoln Academy

Newcastle, Maine

B-Health Score
51B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median9.48×
💰
$10.8M
Total Revenue
📊
$12.3M
Total Expenses
🏦
$15.8M
Net Assets
📋
$10.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.5%
Year-over-year change (2022 → 2023)
Net Margin
-13.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
38.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,810,1926%$12,284,9064%$25,783,8684%
2022$10,154,90639%$11,836,06411%$26,912,81211%
2021$16,577,40465%$10,707,3455%$30,176,61424%
2020$10,041,12319%$11,308,45311%$24,424,1814%
2019$12,434,3723%$12,665,7914%$25,443,9223%
2018$12,129,4716%$13,251,75210%$26,266,4061%
2017$11,440,8875%$12,094,4654%$26,573,1731%
2016$10,881,2435%$11,674,63731%$26,715,8814%
2015$11,436,12643%$8,925,0499%$27,778,17547%
2014$7,988,81613%$8,183,97814%$18,848,86016%
2013$7,100,6625%$7,188,0977%$16,264,36910%
2012$6,754,6515%$6,729,3174%$14,776,7842%
2011$7,101,915$6,973,959$15,134,553

Frequently Asked Questions

What does Lincoln Academy do?

Lincoln Academy is a education nonprofit organization based in Maine. It is classified under NTEE code B250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lincoln Academy financially healthy?

Based on our 9-metric Financial Health Score model, Lincoln Academy has a score of 51/100 (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 Lincoln Academy generate?

Lincoln Academy reports $12.7M in annual revenue and holds $24.2M in total assets, based on IRS filings.

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