Ronald McDonald House Charities of Maine Inc (EIN 010448263) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Julie Mulkern

Phone

2077917123

Tax Period

2024-01-01 to 2024-12-31

Ronald McDonald House Charities of Maine Inc, founded in 1988, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $8.9M represent 71 months of operating reserves.

Mission

Ronald McDonald House Charities of Maine creates, finds and supports programs that directly improve the health and well being of children statewide; provides affordable home away from home lodging which increases access to medical care for families of children receiving treatment; and supports a Family Room where families find respite at the hospital.

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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 $1,247,899

Program Service Revenue $20,415

Investment Income $236,609

Other Revenue $0

TOTAL REVENUE $1,504,923

Expense Breakdown

Grants Paid $0

Salaries & Benefits $957,284

Fundraising Expenses $271,972

Program Expenses $1,085,583

Other Expenses $667,025

TOTAL EXPENSES $1,624,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,504,923	$1,293,747	+0.2%
Expenses	$1,624,309	$1,412,484	+0.1%
Net Income	$-119,386	$-118,737	+0.0%

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

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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

300

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

$104,327

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ron Lydick	President	4.00	Officer Director	$0	$0	$0
Tara Perruzzi	Vice President	2.00	Officer Director	$0	$0	$0
Christopher Gordon	Secretary	2.00	Officer Director	$0	$0	$0
Justin Freeman	Treasurer	2.00	Officer Director	$0	$0	$0
Heidi Abbotoni	Director	1.00	Director	$0	$0	$0
Kendra Almy	Director	1.00	Director	$0	$0	$0
James Beaupre	Director	1.00	Director	$0	$0	$0
Marty Eckmann	Director	1.00	Director	$0	$0	$0
Patrick Morin	Director	1.00	Director	$0	$0	$0
George Falcon	Director	1.00	Director	$0	$0	$0
Peter Horch	Director	1.00	Director	$0	$0	$0
Taylor Goble	Director	1.00	Director	$0	$0	$0
Sean Hagenbuch	Director	1.00	Director	$0	$0	$0
Jeana McCormick	Director	1.00	Director	$0	$0	$0
Colby Wyatt	Director	1.00	Director	$0	$0	$0
Julie Mulkern	Executive Director	40.00	Officer	$104,327	$0	$104,327

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	$1,504,923	$1,624,309	$8,986,146	$-119,386
2023	$1,293,747	$1,412,484	$9,029,890	$-118,737
2022	$1,313,943	$1,289,021	$8,662,878	$24,922
2021	$1,389,092	$1,259,464	$9,514,278	$129,628
2020	$1,694,803	$1,141,226	$9,234,252	$553,577
2019	$3,302,307	$1,302,373	$8,652,100	$1,999,934
2018	$1,153,995	$1,257,749	$6,188,716	$-103,754

Ronald McDonald House Charities of Maine Inc