Maine Development Foundation
Augusta, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,160,300↑13% | $3,361,150↑23% | $1,176,862↓39% | |
| 2022 | $2,803,285↑5% | $2,739,656↓1% | $1,919,051↑98% | — |
| 2021 | $2,681,444↑7% | $2,780,640↑7% | $970,799↓38% | — |
| 2020 | $2,516,324↑40% | $2,600,651↑41% | $1,568,365↑120% | — |
| 2019 | $1,791,473 | $1,849,434 | $713,218↓10% | — |
| 2018 | $1,792,373↑8% | $1,857,224↑31% | $788,412↑13% | — |
| 2017 | $1,659,229↑36% | $1,422,171↑5% | $696,530↑43% | — |
| 2016 | $1,217,801↑12% | $1,351,961↑13% | $486,928↓19% | — |
| 2015 | $1,085,481↓46% | $1,193,335↓42% | $597,703↓13% | — |
| 2014 | $2,021,324↑2% | $2,043,179↓1% | $685,013↓24% | — |
| 2013 | $1,972,856↑26% | $2,071,510↑65% | $896,507↓8% | — |
| 2012 | $1,562,112↑6% | $1,253,612↓16% | $976,668↑40% | — |
| 2011 | $1,473,122 | $1,488,806 | $699,961 | — |
Frequently Asked Questions
What does Maine Development Foundation do?▼
Maine Development Foundation is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Development Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Development Foundation has a score of 46/100 (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 Maine Development Foundation generate?▼
Maine Development Foundation reports $3.0M in annual revenue and holds $970K in total assets, based on IRS filings.
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