ADOPTIVE & FOSTER FAMILIES OF MAINE

EIN: 010515363 501(c)(3) Human Services

BANGOR, ME

Total Revenue
$1,746,253
Total Expenses
$1,688,387
Total Assets
$373,619
Net Assets
$252,623
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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
1997
Legal Domicile
ME
Principal Officer
BARBARA FORD
Phone
2078272331
Tax Period
2022-10-01 to 2023-09-30

ADOPTIVE & FOSTER FAMILIES OF MAINE, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 3% surplus.

Mission

ADOPTIVE AND FOSTER FAMILIES OF MAINE INC. PROVIDES SUPPORT SERVICES FOR ADOPTIVE AND FOSTER PARENTS, AND KINSHIP PROVIDERS. AFFM PROVIDES THE TRAINING, GUIDANCE, KNOWLEDGE, AND RESOURCES NEEDED TO HANDLE COMPLEX ISSUES AS FAMILIES OPEN THEIR HEART AND HOMES TO CHILDREN.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,738,630
Program Service Revenue $7,623
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,746,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $774,415
Fundraising Expenses $0
Program Expenses $1,646,212
Other Expenses $913,972
TOTAL EXPENSES $1,688,387

Year-over-Year Comparison

2022 2021 Change
Revenue $1,746,253 $1,346,487 +0.3%
Expenses $1,688,387 $1,307,048 +0.3%
Net Income $57,866 $39,439 +0.5%
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

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Governance

Voting Members
9
Independent Members
9
Employees
27
Volunteers
20

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
3
$63,710
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRAVIS BRYANT EXECUTIVE DI 40.00
Officer
$63,710 $0 $63,710
HUYANNA CLEARWATER DIRECTOR N/A
Director
$0 $0 $0
MELANIE CRANE VICE PRESIDE N/A
Director
$0 $0 $0
BARBARA FORD PRESIDENT N/A
Officer Director
$0 $0 $0
PAT LOCKE DIRECTOR N/A
Director
$0 $0 $0
CHELSEA MCAULIFFE DIRECTOR N/A
Director
$0 $0 $0
NATALIE PLOURDE DIRECTOR N/A
Director
$0 $0 $0
MARYELLEN ROMA DIRECTOR N/A
Director
$0 $0 $0
STEPHANIE WATSON-TODD SECRETARY/TR N/A
Officer Director
$0 $0 $0
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 No data No data No data No data
2023 $1,746,253 $1,688,387 $373,619 $57,866
2022 $1,346,487 $1,307,048 $294,153 $39,439
2021 $1,398,340 $1,381,488 $258,034 $16,852
2020 $1,149,703 $1,115,108 $367,161 $34,595
2019 $978,958 $935,750 $206,094 $43,208
2018 $776,494 $766,647 $79,451 $9,847
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