Maine Center for Coastal Fisheries

EIN: 270069386 501(c)(3) Science & Technology

Stonington, ME

Total Revenue
$1,984,270
Total Expenses
$1,754,769
Total Assets
$1,846,540
Net Assets
$1,608,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
ME
Principal Officer
Alexa Dayton
Phone
2073672708
Tax Period
2024-07-01 to 2025-06-30

Maine Center for Coastal Fisheries, founded in 2003, is a community nonprofit in the Science & Technology sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 12% surplus.

Mission

Secure a sustainable future for fisheries and fishing communities in Eastern Maine and beyond.

Program Service Accomplishments

Program 1
Expenses: $245,275 Revenue: $11,940

Education programs include the Eastern Maine Skippers Program which is the major educational program of the Organization. The Organization serves as fiscal and organizational home for the...

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Education programs include the Eastern Maine Skippers Program which is the major educational program of the Organization. The Organization serves as fiscal and organizational home for the collaborative program that provides aspiring commercial fishermen in eastern Maine high schools and in their early careers with the core knowledge and skills needed to be successful in the 21st century, on the water or in other careers. It prepares students to be effective participants in fisheries co-management roles: as fishermen, scientists, or regulators. (Continues on schedule O)Education also includes the Organization's Fisheries Education Center at its waterfront headquarters, with touch tank, interactive wall, and a virtual reality experience that provides fisheries information for all ages. Additional educational outreach to the public includes a summer internship program, a monthly Lunch and Learn webinar series, a weekly newspaper column, and hosting college field trips.

Program 2
Expenses: $157,812

Convening programs include all of the Organization's outreach to fishermen, its River Herring (Alewife) restoration, activities, support for community shellfish co-management, and collaboration on...

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Convening programs include all of the Organization's outreach to fishermen, its River Herring (Alewife) restoration, activities, support for community shellfish co-management, and collaboration on watershed restoration initiatives with the Downeast Fisheries Partnership.

Program 3
Expenses: $728,112

Science programs include the Organization's ongoing work with the National Marine Fisheries Service and the Maine Dept. of Marine Resources in community outreach, asset mapping and data management to...

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Science programs include the Organization's ongoing work with the National Marine Fisheries Service and the Maine Dept. of Marine Resources in community outreach, asset mapping and data management to develop the research framework to support a co-managed, ecosystem-based fisheries management pilot in eastern Maine. it includes all of the Organization's collaborative research including Sentinel Survey, lobster research, investigation of larval scallop distribution in support of scallop aquaculture, and coastal ocean observation and monitoring in collaboration with the Passamaquoddy.

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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 $1,937,279
Program Service Revenue $0
Investment Income $10,376
Other Revenue $36,615
TOTAL REVENUE $1,984,270

Expense Breakdown

Grants Paid $259,418
Salaries & Benefits $1,004,292
Fundraising Expenses $263,788
Program Expenses $1,131,199
Other Expenses $491,059
TOTAL EXPENSES $1,754,769

Year-over-Year Comparison

2024 2023 Change
Revenue $1,984,270 $1,314,422 +0.5%
Expenses $1,754,769 $1,309,411 +0.3%
Net Income $229,501 $5,011 +44.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
13
Volunteers
40

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
5
$158,200
Total Directors
16
$15,534
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marsden Brewer Chair 5.00
Officer Director
$0 $0 $0
David Thomas Vice-Chair 2.00
Officer Director
$0 $0 $0
Michelle Carter Treasurer 3.00
Officer Director
$0 $0 $0
Nancy Knowlton Secretary 2.00
Officer Director
$0 $0 $0
Chris Brown Director 1.00
Director
$0 $0 $0
Dwight Carver Director 1.00
Director
$0 $0 $0
Elizabeth Jewett Director 2.00
Director
$0 $0 $0
Nathaniel Lane Director 1.00
Director
$0 $0 $0
James Markos Director 2.00
Director
$0 $0 $0
Sarah McCloskey Director 1.00
Director
$0 $0 $0
Derek McCombs Director 2.00
Director
$0 $0 $0
John McMillan Director 1.00
Director
$13,284 $0 $13,284
Dana Morse Director 1.00
Director
$0 $0 $0
Joan Sorensen Development CMTE Chair 2.00
Director
$0 $0 $0
David Tarr Director 1.00
Director
$2,250 $0 $2,250
Steve Train Director 1.00
Director
$0 $0 $0
Alexa Dayton Executive Director 50.00
Officer
$135,984 $22,216 $158,200
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 $1,984,270 $1,754,769 $1,846,540 $229,501
2024 $1,314,422 $1,309,411 $1,625,093 $5,011
2023 $561,142 $624,400 $1,658,738 $-63,258
2022 $1,209,278 $1,354,813 $1,769,779 $-145,535
2021 $1,157,511 $1,146,594 $1,822,874 $10,917
2020 $780,053 $1,184,786 $1,860,667 $-404,733
2019 $1,238,277 $1,464,298 $2,418,899 $-226,021
2018 $1,005,708 $1,542,238 $2,458,305 $-536,530
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