TPhilanthropy, Voluntarism & GrantmakingEIN: 010265587· Ruling Year: 1958

Higher Education Assistance Foundation

Westbrook, Maine

DHealth Score
34D

Financial Health Score

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

Poor

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org22.81×
Peer Median18.82×
💰
$5K
Total Revenue
📊
$12K
Total Expenses
🏦
$266K
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+38.2%
Year-over-year change (2022 → 2023)
Net Margin
-145.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.81
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$4,75738%$11,67120%$266,2073%
2022$3,44140%$14,6788%$273,1214%
2021$5,72442%$15,9671%$284,3583%
2020$9,93040%$16,0875%$294,6012%
2019$16,57115%$17,0038%$300,75822%
2015$19,5055%$18,38813%$246,731
2014$18,64552%$16,2513%$245,6141%
2013$12,24512%$16,72743%$243,2202%
2012$13,989108%$11,695$247,7021%
2011$6,740$11,732$245,408

Frequently Asked Questions

What does Higher Education Assistance Foundation do?

Higher Education Assistance Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Maine. It is classified under NTEE code T20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Higher Education Assistance Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Higher Education Assistance Foundation.

How much revenue does Higher Education Assistance Foundation generate?

Revenue data for Higher Education Assistance Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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