Maine Academy of Natural Sciences

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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

2012

Legal Domicile

Principal Officer

Ryan Anthony

Phone

2074196500

Tax Period

2024-07-01 to 2025-06-30

Maine Academy of Natural Sciences, founded in 2012, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024.

Mission

The Maine Academy of Natural Sciences (MeANS) is a public charter high school that inspires and engages students through project-based, student-centered instruction immersed in the natural sciences of Maine with a focus on agriculture, forestry, and the environment. MeANS challenges all students to connect with their education in order to grow as individuals, interact with their communities and lead fulfilling lives. Our values will be respect, responsibility, and community.

Program Service Accomplishments

Program 1

Expenses: $2,637,440 Revenue: $2,505,917

Charter School offering project-based, student-centered instruction immersed in the natural sciences of Maine with a focus on agriculture, forestry and the environment to children ages 14 to 18. The...

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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 $404,870

Program Service Revenue $2,505,917

Investment Income $7,602

Other Revenue $16,450

TOTAL REVENUE $2,934,839

Expense Breakdown

Grants Paid $2,493

Salaries & Benefits $1,886,311

Fundraising Expenses $2,071

Program Expenses $2,637,440

Other Expenses $1,021,338

TOTAL EXPENSES $2,910,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,934,839	$2,984,598	0.0%
Expenses	$2,910,142	$3,273,263	-0.1%
Net Income	$24,697	$-288,665	-1.1%

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

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

$408,748

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Callan	Chair	1.00	Officer Director	$0	$0	$0
Greg Bazakas	Vice Chair	1.00	Officer Director	$0	$0	$0
Martha Harris	Secretary	1.00	Officer Director	$0	$0	$0
Whitney King	Treasurer	1.00	Officer Director	$0	$0	$0
Nancy Findlan	Board Member	1.00	Director	$0	$0	$0
Dianna Gram	Board Member	1.00	Director	$0	$0	$0
Lee Karter	Board Member	1.00	Director	$0	$0	$0
Galen Lichterfeld	Board Member	1.00	Director	$0	$0	$0
Mackenzie Oben	Board Member	1.00	Director	$0	$0	$0
Emanual Pariser	Board Member	1.00	Director	$0	$0	$0
Anna Perkins	Board Member	1.00	Director	$0	$0	$0
Robert Dodge	Past Chair	1.00	Officer Director	$0	$0	$0
Sally Beaulieu	Past Vice Chair	1.00	Officer Director	$0	$0	$0
Kim Patnode	Past Secretary	1.00	Officer Director	$0	$0	$0
Erin Brown	Past Board Member	1.00	Officer Director	$0	$0	$0
Matthew Newberg	Past Head of School	40.00	Officer	$113,032	$18,721	$131,753
Ashley Hyde	Business Manager	40.00	Officer	$83,450	$8,140	$91,590
Evan Coleman	Co-Interim Head of School	34.00	Officer	$64,755	$16,539	$81,294
Patrick Henyan	Co-Interim Head of School	34.00	Officer	$68,431	$35,680	$104,111

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	$2,934,839	$2,910,142	$1,255,472	$24,697
2024	$2,984,598	$3,273,263	$1,520,025	$-288,665
2023	$2,875,839	$2,972,407	$2,056,630	$-96,568
2022	$2,840,213	$3,036,459	$1,713,335	$-196,246
2021	$3,873,648	$2,940,414	$1,958,998	$933,234
2020	$2,891,671	$2,837,849	$806,593	$53,822
2019	$2,905,481	$2,646,297	$1,103,471	$259,184
2018	$2,568,454	$2,647,805	$973,585	$-79,351