APEX YOUTH CONNECTION

EIN: 203684834 501(c)(3) Youth Development

BIDDEFORD, ME

Total Revenue
$241,409
Total Expenses
$355,591
Total Assets
$906,734
Net Assets
$854,818
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
ME
Principal Officer
MICHAEL CHAPMAN
Phone
2072829700
Tax Period
2024-01-01 to 2024-12-31

APEX YOUTH CONNECTION, founded in 2005, is a small nonprofit in the Youth Development sector that reported $241K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $356K exceeded revenue, resulting in a 47% operating deficit.

Mission

Apex offers Southern Maine youth a safe, welcoming space to spend their time after school and during the summer. Our diverse, free-to-access programs focus on hands-on skill building, outdoor exploration, community engagement, positive mentorship, and overall wellness. We strive to ensure that every young person feels safe, accepted, valued, and truly supported.

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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 $149,006
Program Service Revenue $68,179
Investment Income $23,554
Other Revenue $670
TOTAL REVENUE $241,409

Expense Breakdown

Grants Paid $594
Salaries & Benefits $209,025
Fundraising Expenses $51,975
Program Expenses $239,369
Other Expenses $145,972
TOTAL EXPENSES $355,591

Year-over-Year Comparison

2024 2023 Change
Revenue $241,409 $344,869 -0.3%
Expenses $355,591 $414,896 -0.1%
Net Income $-114,182 $-70,027 +0.6%
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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Governance

Voting Members
7
Independent Members
7
Employees
9
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
$66,911
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carolyn Brodsky Vice Chair 2.00
Officer Director
$0 $0 $0
John Perry Secretary 2.00
Officer Director
$0 $0 $0
Adam Warfel Chair, Treasurer 2.00
Officer Director
$0 $0 $0
Keith Bobrowiecki Board Member 2.00
Director
$0 $0 $0
Doug Dolan Board Member 2.00
Director
$0 $0 $0
John Lewis Board Member 2.00
Director
$0 $0 $0
Carl Walsh Board Member 2.00
Director
$0 $0 $0
Michael Chapman Executive Director 40.00
Officer
$64,962 $1,949 $66,911
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 No data No data No data No data
2024 $241,409 $355,591 $906,734 $-114,182
2023 $344,869 $414,896 $1,026,172 $-70,027
2022 $432,017 $466,027 $1,097,554 $-34,010
2021 $568,546 $448,473 $1,123,636 $120,073
2020 $468,641 $397,198 $1,067,219 $71,443
2018 $375,083 $289,988 $957,355 $85,095
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