Carrabassett Valley, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Albiston Foundation, founded in 2014, is a small nonprofit in the Human Services sector that reported $564K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $238K, a strong 42% operating margin.
The Albiston Foundation is made up of The Aphasia Center of Maine and the Adaptive Outdoor Education Center. The Centers enhance the quality of life of individuals with aphasia and all people with disabilities.
The Albiston Foundation of Maine is made up of The Aphasia Center of Maine and the Adaptive Outdoor Education Center, which opened in December 2015. Together, the Centers served approximately 1,200...
The Albiston Foundation of Maine is made up of The Aphasia Center of Maine and the Adaptive Outdoor Education Center, which opened in December 2015. Together, the Centers served approximately 1,200 people during 2024 through retreats, activities, and programs. Additionally, the organization offered speaking engagements and participated in health fairs that reached countless additional participants.The Aphasia Center of Maine enhances the lives of persons with aphasia and helps them grow. The Center provides recreational, educational, and emotional support to those affected by aphasia and their families. In addition, the Center is a resource to the general public and medical community to increase awareness of all things aphasia. The Adaptive Outdoor Education Center is a fully accessible facility providing low-cost, hostel style accommodations in Carrabassett Valley, Maine. The Center's purpose is to enhance the quality of life for all people with disabilities through adaptive outdoor recreation and education opportunities while also being a resource for the general public.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $563,661 | $394,522 | +0.4% |
| Expenses | $326,145 | $371,132 | -0.1% |
| Net Income | $237,516 | $23,390 | +9.2% |
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 |
|---|---|---|---|---|---|---|
| Steve Belanger PhD BC-ANDS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tobias Burdet | Director | 0.20 |
Director
|
$0 | $0 | $0 |
| Richard Fecteau | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Elaine Jones | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Karen McPhee | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Bruce Albiston | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Annemarie Albiston | Treasurer | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $563,661 | $326,145 | $1,367,144 | $237,516 |
| 2023 | $394,522 | $371,132 | $1,132,508 | $23,390 |
| 2022 | $286,475 | $376,776 | $1,112,261 | $-90,301 |
| 2021 | $322,716 | $315,110 | $1,197,319 | $7,606 |
| 2020 | $199,141 | $243,955 | $1,245,244 | $-44,814 |
| 2019 | $543,294 | $203,316 | $1,276,706 | $339,978 |
| 2018 | $352,587 | $190,326 | $933,891 | $162,261 |
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