Maine · Nonprofit
PENQUIS CAP INC
PENQUIS CAP INC (Maine) receives grants from 37 organizations whose IRS filings report $17,747,683 to it, the largest being MAINE CHILDREN'S TRUST ($11,004,075). 25 of them have funded it in more than one year.
- Revenue FY2025
- $71M
- Funders on record
- 37
- Grants received
- $18M
- Net assets
- $46M
What Penquis Cap Inc does
Mission
The mission is to assist individuals and families in preventing, reducing, or eliminating poverty in their lives, and, through partnerships, to engage the community in addressing economic and social needs.
As stated on its FY2025 Form 990.
Programs
Transportation services: penquis reports lynx mobility and transportation brokerage under one department. The transportation brokerage is the single source for scheduling mainecare nonemergency transportation in penobscot, piscataquis, somerset, and kennebec counties. Lynx mobility services provides and coordinates non mainecare transportation, including transportation services to general public for treatment for cancer clients, and for individuals with disabilities. It also provides mainecare non-emergency transportation in support of the transportation brokerage.
$29,197,928 spentof which $9,030,199 as grants$34,440,236 earned by the program46% of program spendingChild development services: supports the development of children to their highest potential, recognizes parents as the prime educators of their children, and assists families in the attainment of resources and personal development resulting in a healthier and more prosperous community.
$9,671,230 spentof which $926,073 as grants$534,251 earned by the program15% of program spendingThe family enrichment services: supports families, parents, children and individuals in becoming stronger, healthier and more self-sufficient. Through personal and community support, early childhood education, violence prevention and intervention, mental and behavioral health services, and appropriate linkages, we support each family, parent, child, individual, and the community to reach physical, emotional and economic health.
$9,112,702 spentof which $375,215 as grants$1,693,856 earned by the program14% of program spendingThe charlotte white support services department: promotes independence in the least restrictive setting, offering both community and residential support for seniors and adults with disabilities. Through individualized goals, each person is supported to reach their optimal social, emotional and physical self-sufficiency.
$7,572,565 spentof which $408,603 as grants$3,023,259 earned by the program12% of program spendingHousing & energy services: provides assistance to mostly households who are low to moderate income. Fuel assistance and weatherization are the largest programs within the department. We offer home, lead and other inspection services to homeowners and work with communities to administer community service block grants. Our goal is to keep people in homes that are safe and healthy. Most programs cover the three-county area of penobscot, piscataquis and knox.
$5,391,527 spentof which $1,822,209 as grants$128,921 earned by the program8% of program spendingOther services
$1,812,604 spentof which $129,847 as grants$244,894 earned by the program3% of program spendingHousing development services: promotes the development, financing, and preservation of affordable housing for low and moderate-income rental opportunities.
$1,246,951 spentof which $661 as grants$90,822 earned by the program2% of program spending
The 7 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $64,005,507.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $39M to $53M (+35%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 44% · 2018 45% · 2019 37% · 2020 38% · 2021 49% · 2022 60% · 2023 45% · 2024 39% · 2025 40%. Grants only. Government contracts and fees sit inside program revenue.
42% of PENQUIS CAP INC’s revenue is contributions — more donation-reliant than the typical peer (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kara Hay
Chief executive officer
Board chair
Laura Sanborn
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 20 funders, grant income rose $1.7M → $2.2M.
5 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PENQUIS CAP INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PENQUIS CAP INC leans on a few funders — its largest provides 62% of grant income and the top three 84%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PENQUIS CAP INC.
Largest funder’s share by year: 2017 59% · 2018 69% · 2019 64% · 2020 61% · 2021 59% · 2022 50% · 2023 56% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
60% of PENQUIS CAP INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
75% of PENQUIS CAP INC's grant income comes from Maine funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $383k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PENQUIS CAP INC runs a healthier operating margin than half of the 2,297 human services nonprofits its size.
this organization peer median middle 50% of peers· 2,297 human services nonprofits $10M–$100M, FY2025
Government funding PENQUIS CAP INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $74.0M on record.
- Department of Health and Human Services$62.5M
- Corporation for National and Community Service$4.0M
- Department of Justice$3.6M
- Department of Housing and Urban Development$3.5M
- Department of Agriculture$362k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PENQUIS CAP INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maine
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 16 related entities
- Broadway Housing Inc · exempt
- Rape Response Services Inc · exempt
- Penquis Development Inc · exempt
- Mainestream Finance · exempt
- Charlotte White Center · exempt
Screen this organization
A dated, signed PDF of the compliance screen for PENQUIS CAP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PENQUIS CAP INC?
- PENQUIS CAP INC (Maine) receives grants from 37 organizations whose IRS filings report $17,747,683 to it, the largest being MAINE CHILDREN'S TRUST ($11,004,075). 25 of them have funded it in more than one year.
- How many funders does PENQUIS CAP INC have?
- IRS filings report 37 organizations giving $17,747,683 in grants to PENQUIS CAP INC, 25 of which have funded it in more than one year.
- Who is the largest funder of PENQUIS CAP INC?
- MAINE CHILDREN'S TRUST is the largest funder on record, with $11,004,075 in grants. The full list of funders is on this page.
- How can an organization like PENQUIS CAP INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maine. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing