B — EducationEIN: 010249577· Ruling Year: 1977

Breakwater Learning

Portland, Maine

B+Health Score
72B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.49×
Peer Median20.77×
💰
$4.8M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$2.3M
Net Assets
📋
$3.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.7%
Year-over-year change (2022 → 2023)
Net Margin
+1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
60.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$4,775,965↑14%$4,690,463↑20%$5,885,434↑10%
2022$4,201,509↑10%$3,918,911↑12%$5,329,217↑4%
2021$3,833,883↓6%$3,489,779↓10%$5,120,298↑27%
2020$4,073,860↑6%$3,871,342↓4%$4,023,327↓2%
2019$3,859,527↑1%$4,031,927↓2%$4,106,973↓8%
2018$3,809,540↑8%$4,130,444↑18%$4,462,240↑1%
2017$3,535,183↑11%$3,496,277↑8%$4,409,559↑8%
2016$3,178,127↑2%$3,249,267↑5%$4,096,984↑6%
2015$3,128,404↑12%$3,107,230↑30%$3,848,328↑3%
2014$2,798,085↑28%$2,388,153↓1%$3,736,378↓2%
2013$2,186,283↓4%$2,407,888↑1%$3,796,495
2012$2,274,931$2,388,010$3,785,527

Frequently Asked Questions

What does Breakwater Learning do?▼

Breakwater Learning is a education nonprofit organization based in Maine. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Breakwater Learning financially healthy?▼

Based on our 9-metric Financial Health Score model, Breakwater Learning has a score of 72/100 (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 Breakwater Learning generate?▼

Breakwater Learning reports $5.0M in annual revenue and holds $5.7M in total assets, based on IRS filings.

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