Maine Food and Beverage Education Center (EIN 881777897) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Andrew Gross

Phone

2075585772

Tax Period

2024-01-01 to 2024-12-31

Maine Food and Beverage Education Center, founded in 2022, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $193K in total revenue in fiscal year 2024. Revenue surged 329% from the prior year, signaling strong growth momentum. Expenses of $456K exceeded revenue, resulting in a 136% operating deficit.

Mission

To deliver economic benefit to under resourced businesses and organizations in Maine's food ecosystem.

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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 $132,568

Program Service Revenue $45,043

Investment Income $0

Other Revenue $15,614

TOTAL REVENUE $193,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,460

Fundraising Expenses $40,452

Program Expenses $280,145

Other Expenses $234,645

TOTAL EXPENSES $456,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,225	$45,048	+3.3%
Expenses	$456,105	$171,510	+1.7%
Net Income	$-262,880	$-126,462	+1.1%

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

Employees

Volunteers

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

$112,692

Total Directors

Key Employees

Highest Compensated

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
Marada Cook	Board Member	1.00	Director	$0	$0	$0
Alex Zipparo	Board Member	1.00	Director	$0	$0	$0
Sara Gross	Executive Director	40.00	Officer	$63,570	$1,430	$65,000
Kerry Paine	Development Director	40.00	Officer	$47,692	$0	$47,692

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	$193,225	$456,105	$1,512,790	$-262,880
2023	$45,048	$171,510	$1,784,886	$-126,462

Maine Food and Beverage Education Center