Maine International Trade Center (EIN 010509118) - 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

1996

Legal Domicile

Principal Officer

Wade Merritt

Phone

2075417400

Tax Period

2024-07-01 to 2025-06-30

Maine International Trade Center, founded in 1996, is a community nonprofit in the International Affairs sector that reported $1.9M in total revenue in fiscal year 2024.

Mission

To expand Maine's economy through increased international trade in goods and services, and related activities.

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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 $1,806,418

Program Service Revenue $92,789

Investment Income $250

Other Revenue $15,800

TOTAL REVENUE $1,915,257

Expense Breakdown

Grants Paid $593,267

Salaries & Benefits $565,996

Fundraising Expenses $172,609

Program Expenses $1,284,577

Other Expenses $773,180

TOTAL EXPENSES $1,932,443

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,915,257	$1,934,216	0.0%
Expenses	$1,932,443	$2,069,006	-0.1%
Net Income	$-17,186	$-134,790	-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

Volunteers

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

$196,246

Total Directors

$196,246

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Therrien	Chair	1.00	Officer Director	$0	$0	$0
Jason Lundy	Vice Chair & Treasurer	1.00	Officer Director	$0	$0	$0
Barbara Raths	Secretary	1.00	Officer Director	$0	$0	$0
Sheila Adams	Director	1.00	Director	$0	$0	$0
James Beaupre	Director	1.00	Director	$0	$0	$0
James Cabot	Director	1.00	Director	$0	$0	$0
Alyne Kemunto Cistone	Director	1.00	Director	$0	$0	$0
David Colter	Director	1.00	Director	$0	$0	$0
Katie Jennette	Director	1.00	Director	$0	$0	$0
Adrian Kendall	Director	1.00	Director	$0	$0	$0
Doug Sisko	Director	1.00	Director	$0	$0	$0
Jonathan Wilcox	Director	1.00	Director	$0	$0	$0
Wade Merritt	President	40.00	Officer Director	$0	$71,657	$196,246

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	$1,915,257	$1,932,443	$1,615,348	$-17,186
2024	No data	No data	No data	No data
2023	$1,769,767	$1,897,833	$2,065,967	$-128,066
2022	$1,481,005	$1,480,431	$1,240,638	$574
2021	$1,225,660	$1,180,160	$1,175,672	$45,500
2020	$1,461,470	$1,373,116	$1,176,357	$88,354
2019	$1,948,200	$1,874,146	$1,258,836	$74,054
2018	$1,457,839	$1,531,076	$1,035,849	$-73,237

Maine International Trade Center