B — EducationEIN: 222786731

Island Institute

Rockland, Maine

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.98×
Peer Median20.77×
💰
$11.3M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$35.6M
Net Assets
📋
$1.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.8%
Year-over-year change (2022 → 2023)
Net Margin
+21.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.98
Net assets divided by total expenses
Liabilities-to-Assets
2.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,333,497↑45%$8,955,717↑25%$36,646,542↑5%
2022$7,827,911↓10%$7,181,390↓3%$34,942,404↓13%
2021$8,714,399↑66%$7,401,730↑13%$40,303,997↑19%
2020$5,257,928↑6%$6,537,126↑15%$33,823,722↓3%
2019$4,980,303↓44%$5,708,324↓4%$34,723,097↓1%
2018$8,844,564↓25%$5,946,877↑10%$35,054,726↑12%
2017$11,844,385↑141%$5,392,897↑4%$31,256,974↑32%
2016$4,915,361↓20%$5,184,346↓5%$23,706,417↓4%
2015$6,123,299↓8%$5,465,130↓6%$24,632,961↑1%
2014$6,684,899↑11%$5,834,280↑3%$24,462,490↑10%
2013$6,016,358↑5%$5,653,444↑19%$22,195,415↑5%
2012$5,724,633↑10%$4,766,834↓3%$21,122,221↑3%
2011$5,203,064$4,903,322$20,500,035

Frequently Asked Questions

What does Island Institute do?▼

Island Institute is a education nonprofit organization based in Maine. It is classified under NTEE code B82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Island Institute financially healthy?▼

Based on our 9-metric Financial Health Score model, Island Institute has a score of 88/100 (Grade: A). 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 Island Institute generate?▼

Island Institute reports $7.7M in annual revenue and holds $38.4M in total assets, based on IRS filings.

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