S โ€” Community Improvement & Capacity BuildingEIN: 222635303ยท Ruling Year: 1995

Northern Maine Development Commission Inc

Caribou, Maine

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$12.6M
Total Revenue
๐Ÿ“Š
$4.0M
Total Expenses
๐Ÿฆ
$21.0M
Net Assets
๐Ÿ“‹
$6.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-54.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+68.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.22
Net assets divided by total expenses
Liabilities-to-Assets
22.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$12,637,728โ†“55%$4,030,581โ†“85%$27,286,195โ†‘43%
2022$27,868,170โ†“14%$26,142,280โ†“5%$19,059,929โ†“8%
2021$32,269,814โ†‘850%$27,464,834โ†‘736%$20,810,299โ†‘71%
2020$3,395,037โ†‘13%$3,283,681โ†‘8%$12,146,172โ†‘2%
2019$2,999,105โ†‘12%$3,028,769$11,857,176โ†“4%
2018$2,673,671โ†“11%$3,035,216โ†‘17%$12,379,225โ†“6%
2017$3,008,770โ†“34%$2,597,835โ†“47%$13,237,129โ†‘1%
2016$4,576,756โ†“33%$4,864,078โ†“33%$13,058,860โ†“1%
2015$6,852,610โ†“19%$7,224,717โ†“7%$13,252,402โ†“2%
2014$8,456,571โ†‘28%$7,749,281โ†‘11%$13,488,238โ†“1%
2013$6,593,708โ†‘12%$6,990,046โ†‘12%$13,654,576โ†‘14%
2012$5,891,557$6,231,955$11,956,238

Frequently Asked Questions

What does Northern Maine Development Commission Inc do?โ–ผ

Northern Maine Development Commission Inc is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northern Maine Development Commission Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Northern Maine Development Commission Inc has a score of 69/100 (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 Northern Maine Development Commission Inc generate?โ–ผ

Northern Maine Development Commission Inc reports $5.7M in annual revenue and holds $34.8M in total assets, based on IRS filings.

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Northern Maine Development Commission Inc โ€” Caribou, ME | GiveScope