The Foundation For Maine Community Colleges
Augusta, Maine
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.4M
Total Revenue
📊
$6.9M
Total Expenses
🏦
$7.8M
Net Assets
📋
$1.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-1.9%
Year-over-year change (2023 → 2024)
Net Margin
-402.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.13
Net assets divided by total expenses
Liabilities-to-Assets
17.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,379,321↓2% | $6,927,329↓16% | $9,433,902↓33% | |
| 2023 | $1,406,703↓92% | $8,256,473↑109% | $14,060,481↓31% | — |
| 2022 | $16,834,487↑615% | $3,942,310↑49% | $20,354,624↑154% | — |
| 2021 | $2,353,007↑7% | $2,642,418↓7% | $8,006,332 | — |
| 2020 | $2,189,713↓57% | $2,844,514↑2% | $8,040,056↓5% | — |
| 2019 | $5,054,259↑139% | $2,781,500↓14% | $8,491,613↑41% | — |
| 2018 | $2,116,793↓36% | $3,252,893↑2% | $6,014,846↓18% | — |
| 2017 | $3,285,806↑37% | $3,178,663↑125% | $7,378,975 | — |
| 2016 | $2,395,611↓9% | $1,413,404↓58% | $7,343,612↓9% | — |
| 2015 | $2,632,093↑119% | $3,405,773↑190% | $8,109,164↑8% | — |
| 2014 | $1,202,464↓27% | $1,175,557↓44% | $7,491,914↓2% | — |
| 2013 | $1,655,466↓41% | $2,093,005↓34% | $7,607,148↓6% | — |
| 2012 | $2,791,045 | $3,176,128 | $8,098,082 | — |
Frequently Asked Questions
What does The Foundation For Maine Community Colleges do?▼
The Foundation For Maine Community Colleges is a education nonprofit organization based in Maine. It is classified under NTEE code B12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Foundation For Maine Community Colleges financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Foundation For Maine Community Colleges.
How much revenue does The Foundation For Maine Community Colleges generate?▼
The Foundation For Maine Community Colleges reports $981K in annual revenue and holds $6.2M in total assets, based on IRS filings.