L โ€” Housing & ShelterEIN: 010347203ยท Ruling Year: 1977

Maple Grove Elderly Housing Corporation

Portland, Maine

DHealth Score
34D

Financial Health Score

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

Poor

๐Ÿ’ฐ
$1.1M
Total Revenue
๐Ÿ“Š
$1.2M
Total Expenses
๐Ÿฆ
$285K
Net Assets
๐Ÿ“‹
$8.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
96.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,116,834โ†‘9%$1,242,629โ†‘10%$9,056,245โ†“2%
2022$1,022,006โ†“52%$1,132,697โ†“43%$9,285,755โ†‘6%
2021$2,128,968โ†‘73%$1,996,530โ†‘48%$8,726,293โ†“1%
2020$1,233,313โ†‘145%$1,346,919โ†‘177%$8,811,080โ†‘453%
2019$504,006โ†“46%$486,451โ†“25%$1,593,737โ†“55%
2018$929,831โ†‘35%$652,952โ†“7%$3,519,284โ†‘7%
2017$689,518โ†‘96%$701,602โ†‘74%$3,274,764โ†“3%
2016$351,456$404,304$3,383,133
2015$0โ†“100%$0โ†“100%$0
2014$243,349โ†‘197%$100,411โ†“3%$0โ†“100%
2013$81,918โ†“2%$103,002โ†‘37%$96,498โ†“21%
2012$83,463$75,237โ†“11%$122,248โ†‘6%
2011$83,561$84,428$115,661

Frequently Asked Questions

What does Maple Grove Elderly Housing Corporation do?โ–ผ

Maple Grove Elderly Housing Corporation is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maple Grove Elderly Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Maple Grove Elderly Housing Corporation has a score of 34/100 (Grade: D). 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 Maple Grove Elderly Housing Corporation generate?โ–ผ

Maple Grove Elderly Housing Corporation reports $2.3M in annual revenue and holds $15.1M in total assets, based on IRS filings.

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Maple Grove Elderly Housing Corporation โ€” Portland, ME | GiveScope