Northern Maine General (EIN 010262323) - Form 990 Financial Analysis & Trantor Score

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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

1907

Legal Domicile

Principal Officer

Michelle Raymond

Phone

2074445152

Tax Period

2023-07-01 to 2024-06-30

Northern Maine General, founded in 1907, is a community nonprofit in the Health Care sector that reported $7.7M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $9.8M exceeded revenue, resulting in a 27% operating deficit.

Mission

To provide behavioral health, nursing home, and home and community based services to youth and adults in Northern Maine.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,865

Program Service Revenue $7,668,615

Investment Income $44,012

Other Revenue $0

TOTAL REVENUE $7,718,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,851,867

Fundraising Expenses $0

Program Expenses $8,256,631

Other Expenses $4,939,560

TOTAL EXPENSES $9,791,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,718,492	$8,761,081	-0.1%
Expenses	$9,791,427	$10,531,765	-0.1%
Net Income	$-2,072,935	$-1,770,684	+0.2%

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

Governance

Voting Members

Independent Members

Employees

144

Volunteers

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

$124,509

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Norman Fournier	President/Vice President	2.00	Officer Director	$0	$0	$0
John L Martin	Treasurer/Secretary	2.00	Officer Director	$0	$0	$0
Arnold Devoe	Trustee	2.00	Director	$0	$0	$0
Frances Labrie	Trustee	2.00	Director	$0	$0	$0
Paula Saunders	Trustee	2.00	Director	$0	$0	$0
Joan Sylvain	Past Trustee	2.00	Director	$0	$0	$0
Michelle Raymond	CEO	50.00	Officer	$109,359	$15,150	$124,509

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
2025	No data	No data	No data	No data
2024	$7,718,492	$9,791,427	$5,854,047	$-2,072,935
2023	$8,761,081	$10,531,765	$8,149,090	$-1,770,684
2022	$9,847,119	$9,969,351	$10,507,292	$-122,232
2021	$10,225,267	$9,768,463	$10,739,786	$456,804
2020	$10,165,384	$9,774,408	$10,890,838	$390,976
2019	$9,485,132	$9,500,752	$9,793,928	$-15,620

Northern Maine General