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Maine · Nonprofit

SACO MAIN STREET INC

SACO MAIN STREET INC (Maine) receives grants from 2 organizations whose IRS filings report $58,828 to it, the largest being Saco & Biddeford Savings Charitable Foundation ($58,775). 1 of them have funded it in more than one year.

Revenue FY2024
$255k
Funders on record
2
Grants received
$59k
Net assets
$23k
1/2 repeat funderspeak grant-dependency 3%
01What it does

What Saco Main Street Inc does

Mission

Lessen the burden of local government by working with planning and development directors and local businesses to revitalize saco's main street and downtown

As stated on its FY2024 Form 990.

Program

  1. Saco main street supports our downtown's economic and cultural vitality through concentrated efforts in the areas of design, organization, promotion and economic revitalization, while protecting the city's unique historic character. This approach is a comprehensive, long-term, strategy tailored to the local needs and opportunities of the community. The saco main street organization implements annual initiatives for economic growth and organizes community engagement activities including family friendly events such as the annual art festival & pumpkin harvest festival drawing thousands of people to the downtown. Sms organizes beautification efforts such as seasonal planters, flags & banners on main street, and participates in initiatives to increase pedestrian friendliness and expansion of public art, in an effort to contribute to the overall health and well-being of our community.

    $181,395 spentof which $1,812 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $181,395.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.

100 = 20192019 Revenue 100 ($241k) Expenses 100 ($247k) Net assets 100 ($73k)2020 Revenue 130 ($313k) Expenses 123 ($305k) Net assets 112 ($82k)2021 Revenue 148 ($358k) Expenses 146 ($361k) Net assets 107 ($79k)2022 Revenue 132 ($318k) Expenses 148 ($366k) Net assets 21 ($15k)2023 Revenue 82 ($197k) Expenses 67 ($165k) Net assets 65 ($48k)2024 Revenue 106 ($255k) Expenses 113 ($279k) Net assets 32 ($23k)
201920202021202220232024
Revenue (106)Expenses (113)Net assets (32)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $85k to $54k (−37%).

$87k
$83k
$85k
$54k
$57k
$30k
201920202021202220232024
Total assetsTotal liabilities

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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 29% · 2020 54% · 2021 28% · 2022 14% · 2023 55% · 2024 52%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

−$6k
’19
$9k
’20
−$3k
’21
−$48k
’22
$32k
’23
−$24k
’24
1.3
months of
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.

201920202021202220232024
Listed181713171112
Joined·+1+2+8+4+3
No longer listed·264102
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $8k → $7k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
2
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 SACO MAIN STREET INC’s funders (the co-funder graph). 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

SACO MAIN STREET INC leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 99% — broadly stable.

“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.

Where its funders are

100% of SACO MAIN STREET INC's grant income comes from Maine funders.

ME

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maine out of state home

Funder states come from each funder’s own filing. $53 arriving through sponsors registered in 1 state 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.

04Its place in the field

Organizations like SACO MAIN STREET 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

65% of spending goes to programs.

Program 65%Management 22%Fundraising 13%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

64%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for SACO MAIN STREET 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.

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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 SACO MAIN STREET INC?
SACO MAIN STREET INC (Maine) receives grants from 2 organizations whose IRS filings report $58,828 to it, the largest being Saco & Biddeford Savings Charitable Foundation ($58,775). 1 of them have funded it in more than one year.
How many funders does SACO MAIN STREET INC have?
IRS filings report 2 organizations giving $58,828 in grants to SACO MAIN STREET INC, 1 of which have funded it in more than one year.
Who is the largest funder of SACO MAIN STREET INC?
Saco & Biddeford Savings Charitable Foundation is the largest funder on record, with $58,775 in grants. The full list of funders is on this page.
How can an organization like SACO MAIN STREET 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.

Play a game about who funds Saco Main Street →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 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