UNIVERSITY OF MAINE SCHOOL OF LAW FOUNDATION (EIN 010544448) - 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

2000

Legal Domicile

Principal Officer

PETER MILLS

Phone

2077804342

Tax Period

2024-07-01 to 2025-06-30

UNIVERSITY OF MAINE SCHOOL OF LAW FOUNDATION, founded in 2000, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $343K, a strong 22% operating margin.

Mission

SUPPORT FOR THE UNIVERSITY OF MAINE SCHOOL OF LAW.

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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 $1,428,580

Program Service Revenue $0

Investment Income $150,119

Other Revenue $0

TOTAL REVENUE $1,578,699

Expense Breakdown

Grants Paid $1,110,014

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,110,014

Other Expenses $125,215

TOTAL EXPENSES $1,235,229

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,578,699	$960,534	+0.6%
Expenses	$1,235,229	$1,582,880	-0.2%
Net Income	$343,470	$-622,346	-1.6%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER MILLS	PRESIDENT	1.00	Officer Director	$0	$0	$0
KENNETH S SPIRER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
EILEEN ML EPSTEIN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
FRANK H BISHOP JR	DIRECTOR	1.00	Director	$0	$0	$0
JEAN M DEIGHAN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW HAMILTON	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRA JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL A LADD III	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT A LASKOFF	DIRECTOR	1.00	Director	$0	$0	$0
CATHY LEE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD QUALEY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK J SCULLY	DIRECTOR	1.00	Director	$0	$0	$0
MELINDA SHEEHEE	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL WHITE SEARS	DIRECTOR	1.00	Director	$0	$0	$0
IRA J WALDMAN	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN WEISS	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
2025	$1,578,699	$1,235,229	$7,629,852	$343,470
2024	$960,534	$1,582,880	$6,739,332	$-622,346
2023	$1,114,658	$1,517,393	$6,788,781	$-402,735
2022	$929,272	$695,684	$6,829,939	$233,588
2021	$492,958	$717,529	$7,356,290	$-224,571
2020	$808,638	$612,352	$6,516,730	$196,286
2019	$855,008	$909,628	$6,365,791	$-54,620
2018	$550,765	$523,114	$6,377,161	$27,651

UNIVERSITY OF MAINE SCHOOL OF LAW FOUNDATION