MAINE LAKES SOCIETY D/B/A MAINE LAKES (EIN 010322800) - 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

1970

Legal Domicile

Principal Officer

SUSAN ADAMS

Phone

2074952301

Tax Period

2023-01-01 to 2023-12-31

MAINE LAKES SOCIETY D/B/A MAINE LAKES, founded in 1970, is a small nonprofit in the Environment sector that reported $285K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

TO PROTECT AND PRESERVE OF MAINE'S LAKES, BOTH TODAY AND LONG INTO THE FUTURE. OUR PROGRAMS AND ACTIVITIES PROMOTE HEALTHY LAKES FOR ALL LAKE USERS, INCLUDING RESIDENTS, VISITORS, LAKE ASSOCIATIONS, COMMUNITIES, AND THE NEXT GENERATION OF LAKE STEWARDS.

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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 $256,198

Program Service Revenue $31,486

Investment Income $290

Other Revenue $-3,334

TOTAL REVENUE $284,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,498

Fundraising Expenses $18,657

Program Expenses $227,237

Other Expenses $101,687

TOTAL EXPENSES $285,185

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,640	$226,799	+0.3%
Expenses	$285,185	$227,176	+0.3%
Net Income	$-545	$-377	+0.4%

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

Volunteers

178

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

$73,776

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN ADAMS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LIDIE ROBBINS	1ST VICE PRE	1.00	Officer Director	$0	$0	$0
TONI PIED	2ND VICE PRE	1.00	Officer Director	$0	$0	$0
CHERYL ST PETER	SECRETARY	1.00	Officer Director	$0	$0	$0
KELLY MARGOLIS	TREASURER	1.00	Officer Director	$0	$0	$0
GARRISON BECK	DIRECTOR	0.50	Director	$0	$0	$0
ERIC GOODWIN	DIRECTOR	0.50	Director	$0	$0	$0
DOUG KAVANAUGH	DIRECTOR	0.50	Director	$0	$0	$0
DAN KUSNIERZ	DIRECTOR	0.50	Director	$0	$0	$0
CAMILA PLANA	DIRECTOR	0.50	Director	$0	$0	$0
ADAM PLATZ	DIRECTOR	0.50	Director	$0	$0	$0
GAIL RICE	DIRECTOR	0.50	Director	$0	$0	$0
LAURA WILSON	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN GALLO	EXECUTIVE DI	40.00	Officer	$65,476	$8,300	$73,776

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
2024	No data	No data	No data	No data
2023	$284,640	$285,185	$213,113	$-545
2022	$226,799	$227,176	$205,985	$-377
2021	$248,173	$222,730	$212,308	$25,443
2020	$252,957	$217,079	$184,182	$35,878
2019	$254,634	$196,076	$143,844	$58,558
2018	$134,437	$134,510	$85,213	$-73

MAINE LAKES SOCIETY D/B/A MAINE LAKES