MAINE JOBS COUNCIL (EIN 842687765) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

JOSEPH EDWARDS

Phone

2076853756

Tax Period

2024-01-01 to 2024-12-31

MAINE JOBS COUNCIL, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $329K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 40% operating margin.

Mission

ADVOCATE FOR ECONOMIC PROSPERITY BY PROMOTING THE GROWTH AND MAINTENANCE OF FOUNDATIONAL JOBS IN MAINE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $328,750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $328,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,000

Fundraising Expenses $0

Program Expenses $192,493

Other Expenses $135,715

TOTAL EXPENSES $195,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,750	$197,246	+0.7%
Expenses	$195,715	$168,168	+0.2%
Net Income	$133,035	$29,078	+3.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE EDWARDS	CHAIRMAN/TREASURER	15.00	Officer Director	$60,000	$0	$60,000
BRIAN PARKE	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOEL ALLUMBAUGH	SECRETARY	2.00	Officer Director	$0	$0	$0
MITCH DEBLOIS	DIRECTOR	0.50	Director	$0	$0	$0
TIM HEBERT	DIRECTOR	0.50	Director	$0	$0	$0
JIM LYNCH	DIRECTOR	0.50	Director	$0	$0	$0
AMOS MCCANNELL	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN SOUERS	DIRECTOR	0.50	Director	$0	$0	$0
HEIDI LEBLANC	DIRECTOR	0.50	Director	$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	$328,750	$195,715	$263,337	$133,035

MAINE JOBS COUNCIL