MAINE POWER FOR MAINE PEOPLE

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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

2020

Legal Domicile

Principal Officer

WILLIAM DUNN

Phone

2076906125

Tax Period

2024-01-01 to 2024-12-31

MAINE POWER FOR MAINE PEOPLE, founded in 2020, is a micro nonprofit that reported $68K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $83K exceeded revenue, resulting in a 22% operating deficit.

Mission

OUR POWER IS A GROUP OF MAINE RATEPAYERS, BUSINESS LEADERS, ENERGY EXPERTS, CONSERVATIONISTS, AND OTHERS COMMITTED TO PUTTING THE PINE TREE STATE'S ENERGY FUTURE IN THE HANDS OF MAINERS.

Program Service Accomplishments

Program 1

Expenses: $67,538

THE ORGANIZATION SUPPORTS AND PROMOTES LEGISLATION CONCERNING CONSUMER OWNED UTILITIES AND ALSO EDUCATES THE PUBLIC AND CONDUCTS RESEARCH AND ANALSIS ON UTILITY AND ENERGY ISSUES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $67,745

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $67,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $691

Program Expenses $67,538

Other Expenses $82,714

TOTAL EXPENSES $82,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,745	$948,062	-0.9%
Expenses	$82,714	$922,220	-0.9%
Net Income	$-14,969	$25,842	-1.6%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BRAUTIGAM	DIRECTOR	4.00	Director	$0	$0	$0
GARY FRIEDMANN	DIRECTOR	4.00	Director	$0	$0	$0
TYLER YENTES	DIRECTOR	4.00	Director	$0	$0	$0
WILLIAM DUNN	TREASURER	13.00	Officer Director	$0	$0	$0
JOHN ARIMOND	PRESIDENT	18.00	Officer Director	$0	$0	$0
STEVE WEEMS	SECRETARY	13.00	Officer Director	$0	$0	$0
ED GEIS	V. PRESIDENT	13.00	Officer Director	$0	$0	$0
SOPHIE GAULKIN	BOARD MEMBER	4.00	Director	$0	$0	$0
NICOLE GROHOSKI	BOARD MEMBER	4.00	Director	$0	$0	$0
JILL LINZEE	BOARD MEMBER	4.00	Director	$0	$0	$0
JASMINE LAMB	BOARD MEMBER	4.00	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	$67,745	$82,714	$26,112	$-14,969
2023	$948,062	$922,220	$41,081	$25,842
2022	$352,230	$478,076	$15,237	$-125,846
2021	$359,639	$325,675	$141,083	$33,964
2020	$158,513	$51,394	$107,119	$107,119