THE MAINE HIGHLANDS

EIN: 421568342 Community Improvement

DOVERFOXCROFT, ME

Total Revenue
$278,727
Total Expenses
$265,226
Total Assets
$65,298
Net Assets
$65,298
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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
2004
Legal Domicile
ME
Principal Officer
DENISE BUZZELLI
Phone
2079475205
Tax Period
2024-07-01 to 2025-06-30

THE MAINE HIGHLANDS, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $279K in total revenue in fiscal year 2024. Expenses of $265K left a modest 5% surplus.

Mission

THE MAINE HIGHLANDS' EXEMPT PURPOSE IS TO ADVANCE THE ECONOMIC WELL-BEING OF THE REGION COVERING THE AREAS REPRESENTED BY ITS BUSINESS MEMBERSHIP ORGANIZATIONS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $252,381
Program Service Revenue $25,320
Investment Income $46
Other Revenue $980
TOTAL REVENUE $278,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $265,226
TOTAL EXPENSES $265,226

Year-over-Year Comparison

2024 2023 Change
Revenue $278,727 $272,846 +0.0%
Expenses $265,226 $242,199 +0.1%
Net Income $13,501 $30,647 -0.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNIE BERRY SECRETARY 1.15
Officer Director
$0 $0 $0
DENISE BUZZELLI CHAIR 1.15
Officer Director
$0 $0 $0
KERRY GLOVER DIRECTOR 1.15
Director
$0 $0 $0
DEB NEUMAN DIRECTOR 1.15
Director
$0 $0 $0
CHRISTINE PARKER TREASURER 1.15
Officer Director
$0 $0 $0
AIMEE THIBODEAU DIRECTOR 1.15
Director
$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 $278,727 $265,226 $65,298 $13,501
2024 No data No data No data No data
2022 $266,469 $225,924 $63,989 $40,545
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