Sorrento, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SORRENTO VILLAGE IMPROVEMENT ASSOCIATION, founded in 1916, is a small nonprofit that reported $287K in total revenue in fiscal year 2025. Expenses of $339K exceeded revenue, resulting in a 18% operating deficit.
Provide community activities to the Town of Sorrento, Maine.
Members have access to use the Yacht Club. Members pay an annual fee which includes the Yacht Club.
Members and the public have access to the golf course. Members pay an annual fee which includes the golf club. The public pays either an annual membership fee or daily green fees to utilize the golf...
Members and the public have access to the golf course. Members pay an annual fee which includes the golf club. The public pays either an annual membership fee or daily green fees to utilize the golf club.
Members have access to use the pool. Members pay an annual fee which includes the pool.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $286,680 | $277,873 | +0.0% |
| Expenses | $338,598 | $263,598 | +0.3% |
| Net Income | $-51,918 | $14,275 | -4.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Cam Clendaniel | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Steve Schley | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Robert Worrell | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Caroline Wellman | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Oakleigh Johnson | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Miranda Borden | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Rebecca Leise | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Thomas Welch | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Todd Harrison | President | 2.0 |
Officer
|
$0 | $0 | $0 |
| Richard Mayzel | Treasurer | 2.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $286,680 | $338,598 | $735,894 | $-51,918 |
| 2024 | $277,873 | $263,598 | $787,812 | $14,275 |
| 2023 | $340,072 | $430,220 | $773,537 | $-90,148 |
| 2022 | $318,279 | $224,397 | $863,686 | $93,882 |
| 2021 | $241,212 | $206,790 | $769,804 | $34,422 |
| 2020 | $209,177 | $154,185 | $735,425 | $54,992 |
Compare SORRENTO VILLAGE IMPROVEMENT ASSOCIATION with other nonprofits in Maine and across the country.