MAINE COMPOSITES ALLIANCE

EIN: 010523209 501(c)(3) Education

PORTLAND, ME

Total Revenue
$70,611
Total Expenses
$61,748
Total Assets
$88,854
Net Assets
$59,882
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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
1999
Legal Domicile
ME
Principal Officer
STEPHEN C VON VOGT
Phone
2078281414
Tax Period
2024-01-01 to 2024-12-31

MAINE COMPOSITES ALLIANCE, founded in 1999, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $62K left a modest 13% surplus.

Mission

PROMOTE THE SCIENTIFIC RESEARCH AND DEVELOPMENT AND EDUCATIONAL ASPECTS OF COMPOSITES IN THE STATE OF MAINE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,000
Program Service Revenue $68,611
Investment Income $0
Other Revenue $0
TOTAL REVENUE $70,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,175
Fundraising Expenses $0
Program Expenses $20,993
Other Expenses $30,573
TOTAL EXPENSES $61,748

Year-over-Year Comparison

2024 2023 Change
Revenue $70,611 $248,356 -0.7%
Expenses $61,748 $237,182 -0.7%
Net Income $8,863 $11,174 -0.2%
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
7
Independent Members
6
Employees
1
Volunteers
7

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
1
$0
Total Directors
7
$16,892
Key Employees
1
$16,892
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN C VON VOGT EXEC DIR/PRES/SEC/TREAS 10.00
Officer Director
$0 $0 $0
ANDY SCHOENBERG DIRECTOR 30.00
Director Key Emp Highest
$16,892 $0 $16,892
MAUREEN HASSETT DIRECTOR 1.00
Director
$0 $0 $0
DAVID ERB DIRECTOR 1.00
Director
$0 $0 $0
JAKE WARD DIRECTOR 1.00
Director
$0 $0 $0
MARTIN GRIMNESS DIRECTOR 1.00
Director
$0 $0 $0
SCOTT STEPHENSON DIRECTOR 1.00
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 $70,611 $61,748 $88,854 $8,863
2023 $248,356 $237,182 $77,633 $11,174
2022 $65,789 $73,969 $84,072 $-8,180
2021 $95,168 $50,199 $77,232 $44,969
2020 $80,127 $153,575 $88,817 $-73,448
2019 $217,059 $197,839 $103,129 $19,220
2018 $152,461 $257,770 $83,735 $-105,309
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