Farmington, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greater Franklin Development Council, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $886K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Net assets of $3.6M represent 49 months of operating reserves.
In conjunction with its mission, its vision is to enhance the quality of life in Western Maine by fostering a vibrant economy where opportunities abound.
GFDC was established by a group of local business people to strengthen economic development in the greater Franklin county area. Our goal is to create and retain quality employment opportunities by...
GFDC was established by a group of local business people to strengthen economic development in the greater Franklin county area. Our goal is to create and retain quality employment opportunities by attracting new businesses, assisting local employers, and encouraging entrepreneurship.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $886,095 | $1,025,111 | -0.1% |
| Expenses | $879,389 | $807,773 | +0.1% |
| Net Income | $6,706 | $217,338 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Laurie Gardner | Chair | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tiffany Maiuri | Vice Chair | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robyn Raymond | Secretary | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Derek Hayes | Treasurer | 005.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rick Dunton | Director | 005.00 |
Director
|
$0 | $0 | $0 |
| Tom Hildreth | Director | 005.00 |
Director
|
$0 | $0 | $0 |
| Barbara Sergio | Director | 005.00 |
Director
|
$0 | $0 | $0 |
| Joel Gilbert | Director | 005.00 |
Director
|
$0 | $0 | $0 |
| Charlie Woodworth | Executive Director | 040.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $886,095 | $879,389 | $3,630,850 | $6,706 |
| 2024 | No data | No data | No data | No data |
| 2022 | $914,212 | $197,522 | $1,354,830 | $716,690 |
| 2021 | $725,070 | $215,617 | $648,157 | $509,453 |
| 2020 | $216,865 | $210,870 | $218,322 | $5,995 |
| 2019 | $170,010 | $254,529 | $521,487 | $-84,519 |
| 2018 | $225,232 | $191,997 | $604,448 | $33,235 |
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