Waldoboro, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Midcoast Conservancy, founded in 1970, is a community nonprofit in the Environment sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 23% operating deficit.
The mission of Midcoast Conservancy is to protect vital lands and waters on a scale that matters and to inspire wonder and action on behalf of all species and the Earth.
Land: - Permanently protected 328 acres in Waldo County, Maine, with public access.- Additionally, helped Friends of Haystack Mountain Protect the 58-acre property in Liberty and subsequently...
Land: - Permanently protected 328 acres in Waldo County, Maine, with public access.- Additionally, helped Friends of Haystack Mountain Protect the 58-acre property in Liberty and subsequently transferred it to Georges River Land Trust.- Protected 48 new acres in Kennebec County, Maine, through conservation easements.- Monitored over 15,000 acres of conserved lands and implemented or continued restorative and habitat management work such as invasive species control, field maintenance, forest stand improvement and wetland restoration where appropriate. - Conducted trail maintenance on our 95+ miles of trails.
Water:- Continued water quality monitoring in Medomak River Estuary and Sheepscot River and Damariscotta Lake Watersheds. - Partnered with Bigelow Laboratory for Ocean Sciences to monitor and test...
Water:- Continued water quality monitoring in Medomak River Estuary and Sheepscot River and Damariscotta Lake Watersheds. - Partnered with Bigelow Laboratory for Ocean Sciences to monitor and test levels of cyanobacteria in Damariscotta Lake. - Completed second season of public health monitoring on Damariscotta Lake. - Continued to advance a fish passage project on the Sheepscot River at Maxcy's Mills in Windsor.
Community:- Hosted three free public events focused on our 3 watershed areas: Damariscotta Lake, Medomak River and Sheepscot River. - Hosted educational and outdoor recreational programs for the...
Community:- Hosted three free public events focused on our 3 watershed areas: Damariscotta Lake, Medomak River and Sheepscot River. - Hosted educational and outdoor recreational programs for the public on our preserves including our Hidden Valley Nature Center.- Served 6 local schools for outdoor lessons in environmental education at Hidden Valley Nature Center.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,937,043 | $2,736,626 | -0.3% |
| Expenses | $2,379,223 | $2,369,679 | +0.0% |
| Net Income | $-442,180 | $366,947 | -2.2% |
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 |
|---|---|---|---|---|---|---|
| Andy Brand | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brent Douglass | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Buck O'Herin | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carolyn Gabbe | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Chris Kenoyer | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Chuck Dinsmore | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Joanne Steneck | Vice President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Justin Ward | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kathy Stevens | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Liz Petruska | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Sally Butler | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kristin Pennock | Co-Executive Director | 40.00 |
Officer
|
$72,141 | $12,872 | $85,013 |
| Timothy Trumbauer | Co-Executive Director | 40.00 |
Officer
|
$55,308 | $10,950 | $66,258 |
| Sarah Giffen Carr | Co-Executive Director | 40.00 |
Officer
|
$24,319 | $3,068 | $27,387 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,937,043 | $2,379,223 | $11,008,428 | $-442,180 |
| 2024 | $2,736,626 | $2,369,679 | $13,257,362 | $366,947 |
| 2023 | $2,820,623 | $1,987,497 | $12,943,982 | $833,126 |
| 2022 | $2,280,236 | $1,463,235 | $15,288,449 | $817,001 |
| 2022 | $2,280,236 | $1,787,441 | $11,386,688 | $492,795 |
| 2020 | $1,144,535 | $716,338 | $14,271,594 | $428,197 |
| 2019 | $1,951,701 | $1,351,421 | $13,818,677 | $600,280 |
| 2018 | $1,780,807 | $996,288 | $8,314,856 | $784,519 |
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