TPhilanthropy, Voluntarism & GrantmakingEIN: 043353896· Ruling Year: 1997

Bangor Savings Bank Foundation

Bangor, Maine

BHealth Score
58B

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 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org5.69×
Peer Median18.82×
💰
$922K
Total Revenue
📊
$1.3M
Total Expenses
🏦
$7.3M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.6%
Year-over-year change (2023 → 2024)
Net Margin
-39.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.69
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2024$921,70533%$1,289,8238%$7,343,2355%
2023$1,368,22616%$1,406,8883%$7,711,353
2022$1,634,8232%$1,367,7195%$7,746,7384%
2021$1,610,19267%$1,299,59817%$7,479,6344%
2020$4,940,903701%$1,108,43461%$7,169,04099%
2016$616,59526%$687,8844%$3,608,1612%
2015$830,37010%$659,5305%$3,679,4505%
2014$755,2844%$696,46215%$3,508,6102%
2013$727,31127%$603,70613%$3,449,7884%
2012$573,777$693,932$3,326,183

Frequently Asked Questions

What does Bangor Savings Bank Foundation do?

Bangor Savings Bank Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Maine. It is classified under NTEE code T21J and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bangor Savings Bank Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Bangor Savings Bank Foundation has a score of 58/100 (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 Bangor Savings Bank Foundation generate?

Revenue data for Bangor Savings Bank Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

Similar Organizations

Explore more organizations in the Philanthropy, Voluntarism & Grantmaking category, or browse all nonprofits in Maine.