ESTHER RESIDENCE

EIN: 452647234 501(c)(3)

SACO, ME

Total Revenue
$325,875
Total Expenses
$342,776
Total Assets
$2,573,250
Net Assets
$2,473,250
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
ME
Principal Officer
SR JOANNE ROY
Phone
2072830323
Tax Period
2023-01-01 to 2023-12-31

ESTHER RESIDENCE, founded in 2011, is a small nonprofit that reported $326K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. Net assets of $2.5M represent 91 months of operating reserves.

Mission

TO PROVIDE GUIDANCE IN A SAFE AND NURTURING ENVIRONMENT TO WOMEN DESIRING TO MAKE POSITIVE LIFE CHANGES

Program Service Accomplishments

Program 1
Expenses: $83,009 Revenue: $324,134

2023 was a challenging year dealing with a financial scam and a roof corner blown open. We bought the house and a car and Covid made a short presence. On the bright side, 3 grants were renewed and...

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2023 was a challenging year dealing with a financial scam and a roof corner blown open. We bought the house and a car and Covid made a short presence. On the bright side, 3 grants were renewed and new ones received, our volunteers increased, and presenters led groups on art, yoga, savings/budgeting and ecology. Also, 3 local churches had funding events for us. 19 women were residents in 2023 with an average stay of 3.5 months. Everyone has a diagnosis of SUD, MH & PTSD. Of these 6 were here 6 months (4 another 6 mo. in 2022) and 8 had less than 30 days making poor decisions. We revised our program to include more time in AA/NA meetings and Recovery workshops. Those who relapsed were guided to revise their goals. We provided daily case management to access medical, mental health, dental additional interest, education, and subsidized housing. A Family Coach continues to help them reconnect with family/children. We continue to seek grants to help provide needs: clothing, dental, education, new activities and new interests. This year, many former residents reached out to us for food, clothing, help with securing housing, driving them to enter detox and long-term programs. They are always welcome to drop in and they see us as family that is there for them. Donated professional fees was $180,000 from 3 Nuns. Long term plan is in place for 2 Sisters to retire in 2024 and a 3rd later. Donated volunteer hours $6,644, gifts in-kind $2,993, fund raising $99,053. We have very active board members on various committees.

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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 (2023)

Revenue Breakdown

Contributions & Grants $290,129
Program Service Revenue $28,491
Investment Income $7,255
Other Revenue $0
TOTAL REVENUE $325,875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,374
Fundraising Expenses $5,760
Program Expenses $83,009
Other Expenses $304,402
TOTAL EXPENSES $342,776

Year-over-Year Comparison

2023 2022 Change
Revenue $325,875 $156,720 +1.1%
Expenses $342,776 $107,473 +2.2%
Net Income $-16,901 $49,247 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
13

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
4
$0
Total Directors
14
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROGER BEAUPRE DIRECTOR 0.5
Director
$0 $0 $0
MICHAEL CANTARA DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY CHRISTOFORO VICE CHAIRPERSON 0.50
Officer Director
$0 $0 $0
SUSAN DAME CHAIRPERSON 8.00
Officer Director
$0 $0 $0
DONNA DION DIRECTOR 1.0
Director
$0 $0 $0
DENISE DOYON SECRETARY 1
Officer Director
$0 $0 $0
CYNTHIA GIROUX DIRECTOR 3
Director
$0 $0 $0
LYNN GODBOUT DIRECTOR 0.5
Director
$0 $0 $0
HEATHER HUNTLEY DIRECTOR 0.25
Director
$0 $0 $0
CAROL LANDRY DIRECTOR 0.5
Director
$0 $0 $0
JENNIFER PLOURDE DIRECTOR 1
Director
$0 $0 $0
PATRICIA SONDEY TREASURER 1
Officer Director
$0 $0 $0
SHANNON KASHINSKY DIRECTOR 0.5
Director
$0 $0 $0
CONRAD WELZEL DIRECTOR 0.5
Director
$0 $0 $0
SR JOANNE ROY EXECUTIVE DIRECTOR 50
Key Emp
$0 $0 $0
SR LUCILLE GARDNER STAFF 40
Key Emp
$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
2024 No data No data No data No data
2023 $325,875 $342,776 $2,573,250 $-16,901
2022 $156,720 $107,473 $2,208,037 $49,247
2021 $137,364 $43,642 $696,986 $93,722
2020 $118,354 $112,814 $517,964 $5,540
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