KFood, Agriculture & NutritionEIN: 010467869· Ruling Year: 1993

Maine Aquaculture Innovation Center

Walpole, Maine

A-Health Score
80A-

Financial Health Score

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

Very Good

💰
$1.8M
Total Revenue
📊
$988K
Total Expenses
🏦
$3.0M
Net Assets
📋
$30K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+261.7%
Year-over-year change (2022 → 2023)
Net Margin
+43.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.06
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,752,040262%$988,46795%$3,054,00133%
2022$484,35969%$506,1842%$2,290,4281%
2021$1,578,713264%$495,63939%$2,317,20686%
2020$433,2479%$356,68110%$1,247,7975%
2019$476,04911%$395,48620%$1,186,7585%
2018$427,7589%$329,47618%$1,127,99410%
2017$394,02488%$279,801127%$1,024,74110%
2016$209,54969%$123,09681%$1,133,52914%
2015$683,151174%$656,793517%$1,312,52572%
2014$249,68374%$106,44625%$765,17421%
2013$143,81749%$142,02547%$630,59212%
2012$281,79056%$270,26623%$719,74112%
2011$641,683$219,958$643,707

Frequently Asked Questions

What does Maine Aquaculture Innovation Center do?

Maine Aquaculture Innovation Center is a food, agriculture & nutrition nonprofit organization based in Maine. It is classified under NTEE code K99Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Maine Aquaculture Innovation Center financially healthy?

Based on our 9-metric Financial Health Score model, Maine Aquaculture Innovation Center has a score of 80/100 (Grade: A-). 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 Aquaculture Innovation Center generate?

Maine Aquaculture Innovation Center reports $2.5M in annual revenue and holds $4.1M in total assets, based on IRS filings.

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