Solon, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Solon Community Food Cupboard & Thrift Shop, founded in 2022, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $165K in total revenue in fiscal year 2024. Revenue surged 2495% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 96% operating margin.
To provide food for thos experiencing food insecuity within the greater Solon area in Central Maine See Sch O
In 20204, the food cupboard operated two days per month, distributing food to approximately 40 people each time. The operation was conducted out of the home of one board member. With grant funds...
In 20204, the food cupboard operated two days per month, distributing food to approximately 40 people each time. The operation was conducted out of the home of one board member. With grant funds received from the Good Shepherd Food Bank, the SCFC was bale to purchase a building in December of 2024.
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 | $164,964 | $6,358 | +24.9% |
| Expenses | $7,414 | $4,798 | +0.5% |
| Net Income | $157,550 | $1,560 | +100.0% |
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 |
|---|---|---|---|---|---|---|
| Timothy Curtis | Board Chair | 001.00 |
Director
|
$0 | $0 | $0 |
| Deborah Gerry | Vice Chair | 003.00 |
Director
|
$0 | $0 | $0 |
| Leslie Giroux | Secretery | 001.00 |
Director
|
$0 | $0 | $0 |
| Linda French | Treasurer | 004.00 |
Director
|
$0 | $0 | $0 |
| Paula Rogers | Board Member | 004.00 |
Director
|
$0 | $0 | $0 |
| Tara Mints | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Jennnifer Hebert | Board Member | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $164,964 | $7,414 | $175,478 | $157,550 |
Compare Solon Community Food Cupboard & Thrift Shop with other nonprofits in Maine and across the country.