Bangor, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LifeFlight of Maine LLC, founded in 1998, is a mid-sized nonprofit in the Public Safety sector that reported $33.9M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $30.1M left a modest 11% surplus.
LifeFlight's commitment to Maine is that every person, in every community, has access to critical care and medical transport when needed. Since its inception, LifeFlight has cared for nearly 40,000 patients in a safe and high-quality manner.
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 | $33,884,183 | $27,130,838 | +0.2% |
| Expenses | $30,124,769 | $23,814,562 | +0.3% |
| Net Income | $3,759,414 | $3,316,276 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| Steve Littleson | Chair | 4.00 |
Director
|
$0 | $0 | $0 |
| Daryl Boucher | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Zack Brandwein | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Norman Dinerman MD FACEP | Steering Committee Member | 40.00 |
Director
|
$179,172 | $0 | $179,172 |
| Dan Daigneault | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Timothy Dentry | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Humm | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Paulosky | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| John Ronan | Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Glenda Dwyer | Past Steering Committee Member | 1.00 |
Director
|
$0 | $0 | $0 |
| William Cyr | Chief Operating Officer | 40.00 |
Officer
|
$204,422 | $28,989 | $233,411 |
| Joseph Kellner | Chief Executive Officer | 40.00 |
Officer
|
$256,578 | $16,792 | $273,370 |
| Peter Cartmell | Director of Operations | 40.00 |
Officer
|
$144,161 | $7,620 | $151,781 |
| Charles Hogan | Chief Clinical Officer | 40.00 |
Officer
|
$133,097 | $39,071 | $172,168 |
| Joshua Dickson | Director of Aviation | 40.00 |
Officer
|
$143,322 | $26,382 | $169,704 |
| Kathleen O'Halloran | Executive Director - LFF | 40.00 |
Key Emp
|
$189,016 | $15,822 | $204,838 |
| Thomas Judge | Project Officer | 30.00 |
Highest
|
$140,918 | $18,792 | $159,710 |
| Kirk Donovan | Chief Pilot | 40.00 |
Highest
|
$144,928 | $7,636 | $152,564 |
| Jonathan Smith | Assistant Chief Pilot | 40.00 |
Highest
|
$139,529 | $40,077 | $179,606 |
| Jared Miller | Flight Nurse | 40.00 |
Highest
|
$156,303 | $38,975 | $195,278 |
| Farrah Fidler | Director of Human Resources | 40.00 |
Highest
|
$138,903 | $24,059 | $162,962 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $33,884,183 | $30,124,769 | $52,125,723 | $3,759,414 |
| 2024 | No data | No data | No data | No data |
| 2023 | $28,301,551 | $20,591,367 | $41,693,593 | $7,710,184 |
| 2022 | $23,373,073 | $18,605,600 | $36,347,003 | $4,767,473 |
| 2021 | $18,002,264 | $17,077,248 | $31,032,101 | $925,016 |
| 2020 | $21,739,469 | $15,856,812 | $25,760,870 | $5,882,657 |
| 2019 | $14,629,916 | $15,117,880 | $24,528,958 | $-487,964 |
| 2018 | $14,492,084 | $14,241,560 | $24,689,408 | $250,524 |
Compare LifeFlight of Maine LLC with other nonprofits in Maine and across the country.