Ellsworth, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Maine Community Foundation Inc, founded in 1983, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $138.8M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56.5M, a strong 41% operating margin.
The Maine Community Foundation brings people and resources together to build a better Maine.
Grantmaking. Maine Community Foundation (MaineCF, the Foundation) envisions a Maine that is a vibrant and equitable place where people and communities thrive. MaineCF strives to achieve this vision...
Grantmaking. Maine Community Foundation (MaineCF, the Foundation) envisions a Maine that is a vibrant and equitable place where people and communities thrive. MaineCF strives to achieve this vision throughout all its programs and services. MaineCF partners with donors to accomplish their philanthropic goals in Maine by connecting them and their resources to opportunities in nonprofits, investments, and partnerships that strive to build a better Maine. The Foundation also works with nonprofit organizations, communities, government, and private sector leaders to address the significant issues that are important to people in Maine. Specifically, MaineCF holds more than 460 donor advised funds, 700+ scholarships, nearly 300 funds invested on behalf of nonprofits and 16 competitive grant programs all with the goal of meeting our vision of a vibrant and equitable Maine.In 2024, the Foundation provided more than $68 million in grants supporting charitable organizations to address several issues including climate, housing, economic opportunity, just and fair access to opportunities for all people and many more areas of focus. The $68 million in grants awarded in 2024 included $3 million in scholarships awarded to over 1,400 recipients for professional development, and undergraduate and graduate studies. It also included over 200 grants totaling $1.97 million from the Maine Community Foundation Community Building program, which engages communities across Maine to provide resources to nonprofits from the foundation's endowed county funds. Furthermore, grants given directly from donor advised funds through MaineCF's Giving Together program added 63 more grants and $343,824 to MaineCF's largest single competitive grant program.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $138,801,505 | $108,670,378 | +0.3% |
| Expenses | $82,278,801 | $72,289,614 | +0.1% |
| Net Income | $56,522,704 | $36,380,764 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| Sarah Armentrout | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brian Bernatchez | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| D Gregg Collins | Director (end 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Timothy Crowley | Director (end 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Scot Drager | Director (start 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew P DuBois | Director (end 5/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Martha Dumont | Director (end 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Susan Hammond | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Howard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Deborah A Jordan | Director (end 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Ingrid Kiefer | Director (start 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Amber Lambke | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Mallet | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brooke Parish | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joan Lili Pew | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alistair Raymond | Director (start 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Ray Rice | Director (start 6/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Claude Rwaganje | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tihtiyas Sabattus | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shawn Yardley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Adilah Muhammad | Chair/Director | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Benjamin Sprague | Vice Chair/Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jennifer Richard | Clerk; Director of Gift Planning | 37.50 |
Officer
|
$122,163 | $32,887 | $155,050 |
| Emily Baer | Secretary/Asst. to Pres. (end 5/24) | 37.50 |
Officer
|
$32,768 | $6,598 | $39,366 |
| Deborah Ellwood | President/CEO/Ex Officio | 50.00 |
Officer
|
$333,904 | $32,435 | $366,339 |
| Michele Camarco | Treasurer/VP, CFO (end 10/2024) | 50.00 |
Officer
|
$188,011 | $26,411 | $214,422 |
| Brendon Reay | Treasurer/VP, CFO/CIO | 50.00 |
Officer
|
$232,603 | $17,076 | $249,679 |
| Laura Lee | VP, Community Impact | 50.00 |
Officer
|
$164,950 | $37,118 | $202,068 |
| Bree Arsenault | VP, Philanthropy | 50.00 |
Officer
|
$188,559 | $26,210 | $214,769 |
| Rebecca Yturregui | VP, Donor Engagement | 50.00 |
Officer
|
$171,904 | $24,364 | $196,268 |
| Elena Sulima | Director of Finance | 37.50 |
Highest
|
$130,158 | $34,213 | $164,371 |
| Matthew Grondin | Director of Communications/Marketing | 37.50 |
Highest
|
$127,693 | $14,478 | $142,171 |
| Liana Kingsbury | Director of Non-Profit Agency Funds | 37.50 |
Highest
|
$120,211 | $24,646 | $144,857 |
| Colby Tucker | Director of Information Technology | 37.50 |
Highest
|
$116,077 | $30,091 | $146,168 |
| Laura Reed | Director, Resources/Cmnty Engagement | 37.50 |
Highest
|
$111,692 | $32,405 | $144,097 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $138,801,505 | $82,278,801 | $807,558,442 | $56,522,704 |
| 2023 | $108,670,378 | $72,289,614 | $732,240,535 | $36,380,764 |
| 2022 | $52,365,869 | $66,170,535 | $660,555,891 | $-13,804,666 |
| 2021 | $98,048,575 | $54,618,819 | $775,677,002 | $43,429,756 |
| 2020 | $58,485,060 | $52,568,495 | $669,883,900 | $5,916,565 |
| 2019 | $41,862,877 | $44,188,042 | $582,360,771 | $-2,325,165 |
| 2018 | $60,385,854 | $41,937,720 | $515,385,286 | $18,448,134 |
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