Maine Prisoner Re-Entry Network Inc

EIN: 842071370 501(c)(3) Crime & Legal

Lewiston, ME

Total Revenue
$824,174
Total Expenses
$898,562
Total Assets
$12,409
Net Assets
$12,409
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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
2019
Legal Domicile
ME
Principal Officer
Bruce Noddin
Phone
2073301446
Tax Period
2023-01-01 to 2023-12-31

Maine Prisoner Re-Entry Network Inc, founded in 2019, is a small nonprofit in the Crime & Legal sector that reported $824K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

Maine Prisoner Re-Entry Network (MERN) represents the commnity to the formerly incarcerated, and the formerly incarcerated to the community.

Program Service Accomplishments

Program 1
Expenses: $734,876

Living our Credo:In 2023, we were able to move our vision forward by conducting over 1,000 support interactions with 550 clients in our various prorgrams. 128 of our clients were released from prison...

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Living our Credo:In 2023, we were able to move our vision forward by conducting over 1,000 support interactions with 550 clients in our various prorgrams. 128 of our clients were released from prison this year; roughly 30 received rides home from us, and 25 received both financial and technical assistance with cellular telephone services. 65 secured full-time employment and another 5 successfully navigated application for disability insurance. 20 enrolled in college courses and 40 were educated about WIOA and Quest workforce training opportunities. Nearly 50 obtained some form of self-sufficient, stabilized housing. In our treatment court and jail outreach programs, 43 clients graduated from court-ordered recovery programs, with more than 50 participants per month receiving recovery coaching services. Over 300 individuals visited the Augusta Recovery Reentry Center, with an average 25 unique individuals receiving recovery coaching each month.

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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 $824,173
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $824,174

Expense Breakdown

Grants Paid $29,559
Salaries & Benefits $489,101
Fundraising Expenses $0
Program Expenses $734,876
Other Expenses $379,902
TOTAL EXPENSES $898,562

Year-over-Year Comparison

2023 2022 Change
Revenue $824,174 $594,189 +0.4%
Expenses $898,562 $554,193 +0.6%
Net Income $-74,388 $39,996 -2.9%
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
12
Independent Members
12
Employees
N/A
Volunteers
21

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
5
$144,119
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Josh Miller Chair 1.00
Officer Director
$0 $0 $0
Peter Lehman Vice Chair 1.00
Officer Director
$0 $0 $0
Amy Frankel Secretary 1.00
Officer Director
$0 $0 $0
Bobby-Jo Bechard Board Member 1.00
Director
$0 $0 $0
Sean Crothers Board Member 1.00
Director
$0 $0 $0
Jeffery D'Amico Board Member 1.00
Director
$0 $0 $0
Maria MacDougal Board Member 1.00
Director
$0 $0 $0
James Macomber Board Member 1.00
Director
$0 $0 $0
Lee Noddin Board Member 1.00
Director
$0 $0 $0
Myles Ouellette Board Member 1.00
Director
$0 $0 $0
Jonathan Sahrbeck Board Member 1.00
Director
$0 $0 $0
Elizabeth Simoni Board Member 1.00
Director
$0 $0 $0
Bruce Noddin Executive Director 40.00
Officer
$68,916 $12,055 $80,971
Jerome Castaldo Assistant Executive Direct 40.00
Officer
$55,708 $7,440 $63,148
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 $824,174 $898,562 $12,409 $-74,388
2022 $594,189 $554,193 $86,722 $39,996
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