UNITED WAY OF MID-MAINE

EIN: 010233280 501(c)(3)

BANGOR, ME

Total Revenue
$589,433
Total Expenses
$617,095
Total Assets
$715,131
Net Assets
$689,581
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
ME
Principal Officer
RACHEL GRANT
Phone
2078730686
Tax Period
2020-07-01 to 2021-06-30

UNITED WAY OF MID-MAINE, founded in 1953, is a small nonprofit that reported $589K in total revenue in fiscal year 2020. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF UNITED WAY OF MID-MAINE IS MOBILZING OUR MID-MAINE COMMUNITY TO IMPROVE OUTCOMES IN HEALTH, EDUCATION, AND FINANCIAL STABILITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $534,887
Program Service Revenue $0
Investment Income $54,546
Other Revenue $0
TOTAL REVENUE $589,433

Expense Breakdown

Grants Paid $199,313
Salaries & Benefits $268,715
Fundraising Expenses $28,572
Program Expenses $531,831
Other Expenses $149,067
TOTAL EXPENSES $617,095

Year-over-Year Comparison

2020 2019 Change
Revenue $589,433 $496,345 +0.2%
Expenses $617,095 $641,686 0.0%
Net Income $-27,662 $-145,341 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
18
Independent Members
18
Employees
5
Volunteers
308

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$63,999
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES WOOD CHAIR 1.00
Officer Director
$0 $0 $0
RACHEL GRANT 1ST VICE CHA 1.00
Officer Director
$0 $0 $0
WANDA STEWARD 2ND VICE CHA 1.00
Officer Director
$0 $0 $0
HANNAH BARD TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT DAHLGREN SECRETARY 1.00
Officer Director
$0 $0 $0
THERESA MACKLIN IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
GEORGE COLEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE DALTON BOARD MEMBER 1.00
Director
$0 $0 $0
LEE DUFF BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL FLEWELLING BOARD MEMBER 1.00
Director
$0 $0 $0
JASON GAYNE BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER HAFFORD BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY HATCH BOARD MEMBER 1.00
Director
$0 $0 $0
TINA HINTZ BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY LESSARD BOARD MEMBER 1.00
Director
$0 $0 $0
JON MOODY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF TRASK BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
AL SMITH PRESIDENT & 40.00
Officer
$62,799 $1,200 $63,999
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $589,433 $617,095 $715,131 $-27,662
2020 $496,345 $641,686 $752,737 $-145,341
2019 $576,252 $689,450 $866,804 $-113,198
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