Maine Technology Institute
Portland, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $36,158,450↑143% | $35,498,648↑135% | $22,300,505↑14% | — |
| 2022 | $14,853,693↑38% | $15,091,479↑43% | $19,619,742↓3% | — |
| 2021 | $10,752,801↓61% | $10,538,560↓62% | $20,192,850↓48% | — |
| 2020 | $27,495,350↓23% | $27,468,624↓22% | $38,580,369↓7% | — |
| 2019 | $35,533,893↑154% | $35,173,668↑160% | $41,636,601↓16% | — |
| 2018 | $13,968,255↑29% | $13,529,620↑26% | $49,772,164↑79% | — |
| 2017 | $10,800,497↓11% | $10,726,080↓11% | $27,881,300↓14% | — |
| 2016 | $12,144,702↓4% | $11,996,356↓5% | $32,380,827↑20% | — |
| 2015 | $12,622,634↑37% | $12,612,541↑36% | $26,967,243↓12% | — |
| 2014 | $9,231,620↑23% | $9,256,197↑20% | $30,551,338↑9% | — |
| 2013 | $7,529,370↓63% | $7,698,004↓62% | $28,075,444↓12% | — |
| 2012 | $20,244,485↓3% | $20,393,176↓2% | $31,878,922↑10% | — |
| 2011 | $20,788,101 | $20,834,264 | $29,091,847 | — |
Frequently Asked Questions
What does Maine Technology Institute do?▼
Maine Technology Institute is a education nonprofit organization based in Maine. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Maine Technology Institute financially healthy?▼
Based on our 9-metric Financial Health Score model, Maine Technology Institute has a score of 57/100 (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 Technology Institute generate?▼
Revenue data for Maine Technology Institute is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.