ACADIA SENIOR COLLEGE

EIN: 201779462 501(c)(3) Education

HULLS COVE, ME

Total Revenue
$163,686
Total Expenses
$96,523
Total Assets
$553,977
Net Assets
$548,538
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
MICHAEL HASTINGS
Phone
2072889500
Tax Period
2024-07-01 to 2025-06-30

ACADIA SENIOR COLLEGE is a small nonprofit in the Education sector that reported $164K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 41% operating margin.

Mission

ACADIA SENIOR COLLEGE IS AN EDUCATIONAL ORGANIZATION PROVIDING INTELLECTUAL STIMULATION, PRACTICAL KNOWLEDGE, SOCIAL INTERACTION AND FUN PRIMARILY FOR ADULTS OVER 50.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,263
Program Service Revenue $61,460
Investment Income $27,963
Other Revenue $0
TOTAL REVENUE $163,686

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,641
Program Expenses $47,232
Other Expenses $96,523
TOTAL EXPENSES $96,523

Year-over-Year Comparison

2024 2023 Change
Revenue $163,686 $119,384 +0.4%
Expenses $96,523 $89,014 +0.1%
Net Income $67,163 $30,370 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK BERNSTEIN DIRECTOR 0.50
Director
$0 $0 $0
ART BLANK DIRECTOR 0.50
Director
$0 $0 $0
RICHARD COHEN DIRECTOR 0.50
Director
$0 $0 $0
LISA CROCKETT DIRECTOR 0.50
Director
$0 $0 $0
KEITH DAVIS DIRECTOR 0.50
Director
$0 $0 $0
CANDY EMLEN VICE PRESIDE 0.50
Officer Director
$0 $0 $0
PATSY FOGARTY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL HASTINGS PRESIDENT 1.00
Officer Director
$0 $0 $0
DIXIE HATHAWAY SECRETARY 1.00
Officer Director
$0 $0 $0
CYNTHIA LIVINGSTON DIRECTOR 0.50
Director
$0 $0 $0
DAN MCKAY DIRECTOR 0.50
Director
$0 $0 $0
ELLIE PANCOE DIRECTOR 0.50
Director
$0 $0 $0
STEVE POWELL DIRECTOR 0.50
Director
$0 $0 $0
JACK RUSSELL DIRECTOR 0.50
Director
$0 $0 $0
KATHLEEN SLACK DIRECTOR 0.50
Director
$0 $0 $0
JAMES VEKASI TREASURER 1.00
Officer Director
$0 $0 $0
MARY VEKASI DIRECTOR 0.50
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 $163,686 $96,523 $553,977 $67,163
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ACADIA SENIOR COLLEGE with other nonprofits in Maine and across the country.