MID-COAST RECREATION CENTER INC

EIN: 611603050 501(c)(3)

ROCKPORT, ME

Total Revenue
$2,873,166
Total Expenses
$1,513,737
Total Assets
$4,274,186
Net Assets
$4,217,926
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
ME
Principal Officer
BARRETT BROWN
Phone
2072369400
Tax Period
2024-01-01 to 2024-12-31

MID-COAST RECREATION CENTER INC, founded in 2008, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 47% operating margin.

Mission

MID-COAST RECREATION CENTER IS A NONPROFIT ORGANIZATION COMMITTED TO THE PROMOTION OF HEALTHY LIVING IN OUR COMMUNITY THROUGH SPORTS AND FITNESS PROGRAMS. MID-COAST RECREATION CENTER WILL NOT EXCLUDE ANYONE FROM PARTICIPATING IN PROGRAMS DUE TO INABILITY TO PAY.

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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 $1,737,698
Program Service Revenue $1,141,008
Investment Income $8,795
Other Revenue $-14,335
TOTAL REVENUE $2,873,166

Expense Breakdown

Grants Paid $0
Salaries & Benefits $829,248
Fundraising Expenses $165,203
Program Expenses $1,031,284
Other Expenses $598,489
TOTAL EXPENSES $1,513,737

Year-over-Year Comparison

2024 2023 Change
Revenue $2,873,166 $1,451,523 +1.0%
Expenses $1,513,737 $1,295,539 +0.2%
Net Income $1,359,429 $155,984 +7.7%
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

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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
10
Independent Members
10
Employees
52
Volunteers
30

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
6
$76,225
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRETT BROWN PRESIDENT 1.00
Officer Director
$0 $0 $0
GERALD QUIRK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LEWIS WHEELWRIGHT SECRETARY 1.00
Officer Director
$0 $0 $0
KEITH BLIZZARD TREASURER 1.00
Officer Director
$0 $0 $0
MICHELE ORNE MEMBER 1.00
Director
$0 $0 $0
TIM ANDERSEN MEMBER 1.00
Director
$0 $0 $0
KAREN HIGGINS MEMBER 1.00
Director
$0 $0 $0
VIN CONTENTO MEMBER 1.00
Director
$0 $0 $0
JOAN PEW MEMBER 1.00
Director
$0 $0 $0
JESSE RUTTER MEMBER 1.00
Director
$0 $0 $0
CRAIG WILSON EXECUTIVE DIRECTOR THRU 9/2024 40.00
Officer
$62,225 $0 $62,225
GRACE CHEN EXECUTIVE DIRECTOR 40.00
Officer
$14,000 $0 $14,000
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 $2,873,166 $1,513,737 $4,274,186 $1,359,429
2023 $1,451,523 $1,295,539 $2,893,178 $155,984
2022 $1,206,062 $1,165,636 $2,729,113 $40,426
2021 $1,920,712 $931,332 $2,684,436 $989,380
2020 $997,456 $1,042,297 $2,552,188 $-44,841
2019 $1,098,099 $1,119,049 $2,607,044 $-20,950
2018 $1,012,234 $1,166,648 $2,624,232 $-154,414
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