MAINE MAPLE PRODUCERS ASSOCIATION

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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

2019

Legal Domicile

Principal Officer

ALEXIS MERRIFIELD

Phone

2077873391

Tax Period

2024-03-01 to 2025-02-28

MAINE MAPLE PRODUCERS ASSOCIATION, founded in 2019, is a small nonprofit that reported $220K in total revenue in fiscal year 2024. Revenue surged 166% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 30% operating margin.

Mission

TO PROMOTE, EDUCATE AND EXCHANGE IDEAS OF MUTUAL INTEREST TO PRODUCERS OF PURE MAINE MAPLE SYRUP AND PRODUCTS

Program Service Accomplishments

Program 1

Expenses: $123,843

TO PROMOTE, EDUCATE AND EXCHANGE IDEAS OF MUTUAL INTEREST TO PRODUCERS OF PURE MAINE MAPLE SYRUP AND PRODUCTS

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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 $59,428

Program Service Revenue $158,406

Investment Income $2

Other Revenue $2,076

TOTAL REVENUE $219,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $123,843

Other Expenses $153,083

TOTAL EXPENSES $153,083

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,912	$82,801	+1.7%
Expenses	$153,083	$66,995	+1.3%
Net Income	$66,829	$15,806	+3.2%

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

214

Independent Members

214

Employees

N/A

Volunteers

214

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

$3,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXIS MERRIFIELD	SECRETARY	2.00	Officer	$2,000	$0	$2,000
VALERIE GREENE	TREASURER	7.00	Officer	$1,000	$0	$1,000
KURT SAWYER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN DUNHAM	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN DUNNING	DIRECTOR	1.00	Director	$0	$0	$0
BART BRADBURY	DIRECTOR	1.00	Director	$0	$0	$0
MARK COOPER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT DUNN	DIRECTOR	1.00	Director	$0	$0	$0
ALAN GREENE	VICE PRESIDENT ACTING PRESIDENT	7.00	Officer	$0	$0	$0
LYLE MERRIFIELD	PRESIDENT	7.00		$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	$219,912	$153,083	$129,845	$66,829