Fairfield, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Kennebec Valley Community College Foundation, founded in 1991, is a small nonprofit that reported $625K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $6.1M represent 118 months of operating reserves.
To raise funds for scholarships, facilities and support for Kennebec Valley Community College.
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 | $625,285 | $555,685 | +0.1% |
| Expenses | $645,676 | $494,673 | +0.3% |
| Net Income | $-20,391 | $61,012 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Nancy Fotter | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Higgins | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dwight Littlefield | 2nd Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kelly Burbank | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Karen Normandin | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Boudreau | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Donald Borman | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tiffany Comis | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dan Coffey | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| John Dalton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| David Dorr | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Peter Hallen | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Seth Hebert | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Arne Koch | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Anthony Michaud | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| John T Sutton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Sara Sylvester | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Casey | Executive Director | 40.00 |
Officer
|
$80,556 | $27,491 | $108,047 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $625,285 | $645,676 | $6,365,417 | $-20,391 |
| 2024 | $555,685 | $494,673 | $5,977,355 | $61,012 |
| 2023 | $534,504 | $399,851 | $5,562,726 | $134,653 |
| 2022 | $699,650 | $309,644 | $5,554,302 | $390,006 |
| 2021 | $579,733 | $351,631 | $5,369,576 | $228,102 |
| 2020 | $339,411 | $431,519 | $4,243,879 | $-92,108 |
| 2019 | $501,436 | $395,706 | $4,500,571 | $105,730 |
| 2018 | $1,046,178 | $354,470 | $4,321,539 | $691,708 |
Compare Kennebec Valley Community College Foundation with other nonprofits in Maine and across the country.