Portland, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ClimateWork Maine, founded in 2011, is a small nonprofit in the Health Care sector that reported $152K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $181K exceeded revenue, resulting in a 19% operating deficit.
ClimateWork Maine (CWM) is a private non-profit 501(c)(3) organization based in Maine that serves as a support network for businesses and business leaders that are taking action on climate change, to meet its challenges and to seize the opportunities it presents to build a more sustainable economy for the future. Its purpose is to provide services and networking to support and promote Maine companies with products, services, or projects related to climate solutions, and to support and assist companies that want to do more on climate change, clean energy, and related work. CWM's overall objective is to strengthen the image or brand of Maine as a place to bring and build businesses focused on climate impacts with a network of businesses who share similar ideas and a workforce and economy prepared to support the industry.
ClimateWork Maine's 1st Summit on Maine's Economy & Climate Change (May 2023) was a huge success, bringing together Maine leaders to strategize on reshaping Maine's economy and what climate change...
ClimateWork Maine's 1st Summit on Maine's Economy & Climate Change (May 2023) was a huge success, bringing together Maine leaders to strategize on reshaping Maine's economy and what climate change means for the future of businesses. The Summit featured 69 speakers, 24 sponsors, 24 partners, 30 exhibitors, and nearly 500 attendees. A follow-up survey was overwhelmingly positive. For example, 97% of attendees gave the Summit a positive rating with 95% responding that it met or exceeded expectations. Overall value, commitment to attend the next one, and recommendations to others to attend also scored in the 90th percentile. Most importantly, dozens of attendees signaled that they wanted to be more involved with CWM and the service it provides.The Summit followed two main tracks:1. Practical, tangible strategies to reduce carbon, save money and energy, and promote their products, projects, and services.2. Strategies the business community can take together to achieve energy, environmental, and economic progress.The Summit succeeded in its goal to connect, inform, inspire, and energize attendees, presented action items with business community commitment, and was intentional about gender, racial, and geographic diversity among speakers (and participants).
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $151,830 | $100,568 | +0.5% |
| Expenses | $180,868 | $99,270 | +0.8% |
| Net Income | $-29,038 | $1,298 | -23.4% |
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 |
|---|---|---|---|---|---|---|
| Alan Caron | Founder | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Doug McKeown | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lydia Covert | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Gildart | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Megan Hellstedt | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christine Baillargeon | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kristina Egan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Fitz | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Catherine Lee | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Whited | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Barry Woods | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeff Marks | Executive Director | 40.00 |
Officer
|
$104,000 | $11,329 | $115,329 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $151,830 | $180,868 | $4,508 | $-29,038 |
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