Nonprofit screen
Screen a listThe Foundation for Maine's Community Colleges
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$981krevenue
FY2025 · −94% in 3 yrs3staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−276.4%
Months of reserve10.3mo
Revenue growth (annualized)−14.0%
Middle half of peersMedianFoundation for Maine's Community Colleges
Where the money goes FY2025 · $3.7M spent
Programs$3.2M86%Management and general$255k7%Fundraising$247k7%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$6.8M in FY2023, −$5.5M in FY2024 and −$2.7M in FY2025. Cash covers 10.3 months, above the peer median of 6.7.
990 Part I and balance sheetIn its favor1
Strong governance
10 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI30funders
$5.4Ma year, last 3 years
87%from its largest funder
Funder’17’18’19’20’21’22’23Harold Alfond FoundationOn and off$1.4M$1.2M$4.5M$2.1M$7.6MThe Kresge FoundationStopped after FY2018$305k$260k–Davis Family FoundationStopped after FY2022$147k$100k$61k$250k–Ascendium Education Solutions IncSince FY2021$226k$161k$153kSturdivant Island Tuna Tournament Charitable FoundationOn and off$287kSam L Cohen FoundationOn and off$125k$50kDonor-advised giftsDonors not disclosed$1.1M$912k$93k$1.3M$177k$187k$152k15 other fundersUp to $100k a year each$107k$12k$77k$99k$279k$149k$279k
FundedThrough a donor-advised fundStopped