Fairfield, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Kennebec Valley Council of Governments, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $899K in total revenue in fiscal year 2022. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 22% operating deficit.
To be an advocate and agent for local and regional planning and economic growth. To support and expand the capabilities of local, municipal, and county government development.
Economic and community development KVCOG provides economic and community development services relating to investments in municipal infrastructure, workforce development, shared services, training...
Economic and community development KVCOG provides economic and community development services relating to investments in municipal infrastructure, workforce development, shared services, training, and business retention, expansion and attraction. KVCOG provided economic development assistance to the towns of Benton, China, Chelsea, Gardiner, Madision, Vassalboro, Waterville, Winslow, Winthrop. KVCOG also provided economic and community development services to - The towns of Anson, Bingham, China, Madison, Rome, Skowhegan, Starks, and St. Albans for services related to investments in municipal infrastructure through broadband planning.
Planning - KVOG provides educational, training, and advisory services to govermental agencies, boards, and committees in the areas of transportation, solid waste, environment, and land use and also...
Planning - KVOG provides educational, training, and advisory services to govermental agencies, boards, and committees in the areas of transportation, solid waste, environment, and land use and also provides gis mapping services in support of these planning activities. KVCOG achieved the following in this area of its exempt purpose operations - Assisted over 35 towns with land use questions, ordinance amendments or board procedures/forms etc. - Assited mutiple towns witth solar farm, wind power and medical marijuana ordinances. - Assisted multiple communities with updating of shoreland zoning maps. - Town planner by contract.
Revolving loan fund RLF KVCOG provides business finance and business counseling services to private sector organizations in furtherance of its goals to promote increased public and private sector...
Revolving loan fund RLF KVCOG provides business finance and business counseling services to private sector organizations in furtherance of its goals to promote increased public and private sector investment and job retention and job creation. RLF is a key component of our economic development 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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $899,355 | $1,583,667 | -0.4% |
| Expenses | $1,101,435 | $855,487 | +0.3% |
| Net Income | $-202,080 | $728,180 | -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 |
|---|---|---|---|---|---|---|
| Matthew Underwood | Executive Director | 040.00 |
Officer
|
$93,634 | $0 | $93,634 |
| Lorra-Lee Snyder | Finance Director | 040.00 |
Officer
|
$56,976 | $0 | $56,976 |
| Tim Curtis | President | 000.20 |
Officer
Director
|
$0 | $0 | $0 |
| Richard LaBelle | Past President | 000.20 |
Officer
Director
|
$0 | $0 | $0 |
| Eric Dyer | Vice President | 000.20 |
Officer
Director
|
$0 | $0 | $0 |
| Kathryn Ruth | Secretary | 000.20 |
Officer
Director
|
$0 | $0 | $0 |
| Christine Almand | Treasurer | 000.20 |
Officer
Director
|
$0 | $0 | $0 |
| Julie Richard | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Michelle Flewelling | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Michael Watson | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Gary Lamb | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Terry Berry | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| William Post | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Jerry Quirion | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Aaron Chrostowsky | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Dana Wrigley | Director | 000.20 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $899,355 | $1,101,435 | $4,070,124 | $-202,080 |
| 2022 | $1,583,667 | $855,487 | $4,421,362 | $728,180 |
| 2021 | $1,561,553 | $1,070,901 | $3,745,709 | $490,652 |
| 2020 | $847,669 | $837,035 | $3,358,029 | $10,634 |
| 2020 | $750,752 | $752,726 | $3,568,820 | $-1,974 |
| 2019 | $750,752 | $752,726 | $3,568,820 | $-1,974 |
| 2018 | $873,746 | $788,357 | $3,585,895 | $85,389 |
Compare Kennebec Valley Council of Governments with other nonprofits in Maine and across the country.