Penquis Development Inc
Bangor, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,349,299↑41% | $1,023,730↑5% | $5,367,375↑21% | — |
| 2022 | $956,721↑37% | $971,404↑115% | $4,435,351↑53% | — |
| 2021 | $696,546↑41% | $451,576↑20% | $2,894,592↑11% | — |
| 2020 | $495,612 | $375,164 | $2,599,660 | — |
Frequently Asked Questions
What does Penquis Development Inc do?▼
Penquis Development Inc is a housing & shelter nonprofit organization based in Maine. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Penquis Development Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Penquis Development Inc has a score of 41/100 (Grade: C). 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 Penquis Development Inc generate?▼
Penquis Development Inc reports $3.2M in annual revenue and holds $17.9M in total assets, based on IRS filings.
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