Maine Food and Beverage Education Center

EIN: 881777897 501(c)(3) Food, Agriculture & Nutrition

Wiscasset, ME

Total Revenue
$208,523
Total Expenses
$398,975
Total Assets
$1,402,309
Net Assets
$-644,452
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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
2022
Legal Domicile
ME
Principal Officer
Andrew Gross
Phone
2075585772
Tax Period
2025-01-01 to 2025-12-31

Maine Food and Beverage Education Center, founded in 2022, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $209K in total revenue in fiscal year 2025. Expenses of $399K exceeded revenue, resulting in a 91% operating deficit.

Mission

The mission of the Corporation is to showcase the quality and diversity of foods and beverages grown or produced in the State of Maine by offering educational classes and events aimed at raising public awareness of the varied and unique products offered by Maine's farmers, fishermen, and artisanal producers.

Program Service Accomplishments

Program 1
Expenses: $260,845

Since 2021 we have we have promoted over 225 Maine producers (from every county) by way of our programming and our Tasting Room drop in experience, creating new awareness and demand for their...

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Since 2021 we have we have promoted over 225 Maine producers (from every county) by way of our programming and our Tasting Room drop in experience, creating new awareness and demand for their products. In 2025 we engaged with 9889 visitors with our on and off campus education programs and events, featuring Maine-made products, highlighting the producer stories behind them.

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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 (2025)

Revenue Breakdown

Contributions & Grants $146,634
Program Service Revenue $53,561
Investment Income $0
Other Revenue $8,328
TOTAL REVENUE $208,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,651
Fundraising Expenses $28,468
Program Expenses $260,845
Other Expenses $210,324
TOTAL EXPENSES $398,975

Year-over-Year Comparison

2025 2024 Change
Revenue $208,523 $193,225 +0.1%
Expenses $398,975 $456,105 -0.1%
Net Income $-190,452 $-262,880 -0.3%
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
5
Independent Members
4
Employees
13
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
2
$63,570
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Gross Board Chair 4.00
Officer Director
$0 $0 $0
Kira Bennett-Hamilton Board Member 1.00
Director
$0 $0 $0
Maile Buker Board Member 1.00
Director
$0 $0 $0
Kerry Payne Board Member 1.00
Director
$0 $0 $0
Sara Gross Executive Director 40.00
Officer
$63,570 $0 $63,570
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
2025 $208,523 $398,975 $1,402,309 $-190,452
2024 $193,225 $456,105 $1,512,790 $-262,880
2023 $45,048 $171,510 $1,784,886 $-126,462
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