Eastern Maine Community College Foundation (EIN 010385303) - 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

1982

Legal Domicile

Principal Officer

Elizabeth Russell

Phone

2079744691

Tax Period

2024-07-01 to 2025-06-30

Eastern Maine Community College Foundation, founded in 1982, is a small nonprofit that reported $389K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $354K left a modest 9% surplus.

Mission

To mobilize, engage and nurture broad investment from our diverse community to enhance the programs, equipment and facilities of Eastern Maine Community College.

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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 (2024)

Revenue Breakdown

Contributions & Grants $285,137

Program Service Revenue $0

Investment Income $103,728

Other Revenue $23

TOTAL REVENUE $388,888

Expense Breakdown

Grants Paid $279,544

Salaries & Benefits $0

Fundraising Expenses $6,983

Program Expenses $279,544

Other Expenses $74,487

TOTAL EXPENSES $354,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$388,888	$694,801	-0.4%
Expenses	$354,031	$400,715	-0.1%
Net Income	$34,857	$294,086	-0.9%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tina Morrill	Director	2.50	Director	$0	$0	$0
John Tilton	Director	2.50	Director	$0	$0	$0
Kathleen Shane	Director	2.50	Director	$0	$0	$0
June Kontio	Director	2.50	Director	$0	$0	$0
David Sayers	Director	2.50	Director	$0	$0	$0
John Pond	Director	2.50	Director	$0	$0	$0
MyMy Ngyen	Treasurer	2.50	Officer Director	$0	$0	$0
Edward Marsh	Foundation Chair	2.50	Officer Director	$0	$0	$0
Elizabeth Russell	President	2.50	Officer Director	$0	$0	$0

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	$388,888	$354,031	$2,370,627	$34,857
2024	$694,801	$400,715	$2,237,709	$294,086
2023	$207,756	$182,878	$1,809,297	$24,878
2022	$272,670	$52,454	$1,733,862	$220,216
2021	$251,884	$128,814	$1,881,754	$123,070
2020	$126,302	$169,576	$1,533,566	$-43,274
2019	$289,140	$193,346	$1,546,871	$95,794

Eastern Maine Community College Foundation