Maine Initiatives Inc
Portland, Maine
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$3.5M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$4.4M
Net Assets
📋
$723K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
14.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,513,921↑30% | $3,593,377↑24% | $5,149,067↑17% | |
| 2022 | $2,709,270↑4% | $2,902,420↑38% | $4,414,537↓15% | — |
| 2021 | $2,603,313↑21% | $2,105,941↑3% | $5,223,192↑28% | — |
| 2020 | $2,143,400↑107% | $2,047,769↑83% | $4,089,641↑8% | — |
| 2019 | $1,036,850↑144% | $1,120,829↑69% | $3,803,798↑3% | — |
| 2018 | $424,159↓32% | $664,208↑28% | $3,700,951↓1% | — |
| 2017 | $625,115↑95% | $518,782↑46% | $3,726,225↑10% | — |
| 2016 | $321,029↑17% | $356,285↓4% | $3,393,513↑5% | — |
| 2015 | $274,900↓2% | $371,634↓27% | $3,219,321↓9% | — |
| 2014 | $279,654↓6% | $511,855↑9% | $3,520,047↑1% | — |
| 2013 | $298,709↓10% | $467,979↓17% | $3,481,561↑5% | — |
| 2012 | $332,893↓65% | $566,943↓29% | $3,301,000↑6% | — |
| 2011 | $962,660 | $793,418 | $3,112,139 | — |
Frequently Asked Questions
What does Maine Initiatives Inc do?▼
Maine Initiatives Inc is a crime & legal-related nonprofit organization based in Maine. It is classified under NTEE code I20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Initiatives Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Maine Initiatives Inc.
How much revenue does Maine Initiatives Inc generate?▼
Maine Initiatives Inc reports $3.9M in annual revenue and holds $6.4M in total assets, based on IRS filings.
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