MAINE CREDIT UNION'S CAMPAIGN FOR ENDING HUNGER (EIN 261720415) - 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

2007

Legal Domicile

Principal Officer

CRIS WESCOTT

Phone

2077735671

Tax Period

2024-01-01 to 2024-12-31

MAINE CREDIT UNION'S CAMPAIGN FOR ENDING HUNGER, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024.

Mission

RAISING FUNDS THROUGH A VARIETY OF WAYS AND DISTRIBUTING ALL MONEY RAISED TO HUNGER ORGANIZATIONS AND FOOD PANTRIES THROUGHOUT MAINE.

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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 $986,484

Program Service Revenue $0

Investment Income $29,171

Other Revenue $230,314

TOTAL REVENUE $1,245,969

Expense Breakdown

Grants Paid $1,245,588

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,245,969

Other Expenses $381

TOTAL EXPENSES $1,245,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,245,969	$1,171,060	+0.1%
Expenses	$1,245,969	$1,171,060	+0.1%
Net Income	$0	$0	N/A

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

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

$647,578

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN A DOE	CHAIR	0.00	Officer Director	$0	$0	$0
JOSEPH GERVAIS	VICE CHAIR	0.00	Officer Director	$0	$0	$0
BASIL CLOSSON	SECRETARY	0.00	Officer Director	$0	$0	$0
JASON LINDSTROM	TREASURER	0.00	Officer Director	$0	$0	$0
JOANN BISSON	DIRECTOR	0.00	Director	$0	$0	$0
SCOTT CHRETIEN	DIRECTOR	0.00	Director	$0	$0	$0
DAN CUMMINGS	DIRECTOR	0.00	Director	$0	$0	$0
DAVID DESJARDINS	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINE DEVINE	DIRECTOR	0.00	Director	$0	$0	$0
LUKE LABBE	DIRECTOR	0.00	Director	$0	$0	$0
JULIE MARQUIS	DIRECTOR	0.00	Director	$0	$0	$0
MARK SAMSON	DIRECTOR	0.00	Director	$0	$0	$0
ELISE BALDACCI	PRESIDENT	1.00	Officer	$0	$24,064	$180,486
CRIS WESCOTT	CFO	1.00	Officer	$0	$59,672	$467,092

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
2024	$1,245,969	$1,245,969	$1,423,881	No data
2023	$1,171,060	$1,171,060	$1,230,425	No data
2022	$961,257	$961,257	$1,092,652	No data
2021	$891,344	$891,344	$961,588	No data
2020	$886,285	$886,285	$928,688	No data
2019	$832,664	$832,664	$897,571	No data
2018	$793,282	$793,282	$827,779	No data

MAINE CREDIT UNION'S CAMPAIGN FOR ENDING HUNGER