B — EducationEIN: 010278395

Woodfords Family Service

Westbrook, Maine

B+Health Score
71B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median9.48×
💰
$43.3M
Total Revenue
📊
$36.7M
Total Expenses
🏦
$11.7M
Net Assets
📋
$8.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.1%
Year-over-year change (2022 → 2023)
Net Margin
+15.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
42.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$43,349,013↑15%$36,660,688$20,474,892↑94%
2022$37,650,539↑3%$36,799,951↑7%$10,539,223↑7%
2021$36,465,074↑28%$34,503,469↑11%$9,822,877↑7%
2020$28,585,212↓1%$31,196,565↑11%$9,157,848↑23%
2019$28,813,457↑20%$28,022,189↑20%$7,422,783↑16%
2018$24,060,148↑16%$23,342,950↑15%$6,372,445↑19%
2017$20,760,592↑12%$20,286,806↑13%$5,371,201↑10%
2016$18,491,774↑14%$18,024,102↑10%$4,877,197↑31%
2015$16,211,929↑12%$16,348,406↑11%$3,736,210↓4%
2014$14,475,120↑11%$14,669,136↑14%$3,910,013↓1%
2013$13,048,396↑8%$12,835,396↑10%$3,947,382↑7%
2012$12,094,019↑2%$11,634,218↓2%$3,703,250↑2%
2011$11,900,619$11,822,198$3,614,450

Frequently Asked Questions

What does Woodfords Family Service do?▼

Woodfords Family Service is a education nonprofit organization based in Maine. It is classified under NTEE code B28Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Woodfords Family Service financially healthy?▼

Based on our 9-metric Financial Health Score model, Woodfords Family Service has a score of 71/100 (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 Woodfords Family Service generate?▼

Woodfords Family Service reports $45.7M in annual revenue and holds $20.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Maine.