Farmington Home For Aged People Office of Pres & Trustee is a 501(c)(3) organization based in Farmington, Maine, registered in 1943, with $1,275,909 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.3M
▲ 14.4% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$2.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Farmington Home For Aged People Office of Pres & Trustee— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Farmington Home For Aged People Office of Pres & Trustee: 27 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Farmington Home For Aged People Office of Pres & Trustee— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Farmington Home For Aged People Office of Pres & Trustee: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $884K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$226K
Net assets
$2.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,275,909▲14.4% | $1,270,665▼0.5% | $2,853,360▼0.5% | $3,079,822▼1.2% | 990PF |
| 2023 | $1,114,893▲5.2% | $1,276,829▲9.0% | $2,868,758▲1.2% | $3,116,185▲0.6% | 990PF |
| 2022 | $1,059,648▼11.8% | $1,171,195▼1.0% | $2,834,750▼7.6% | $3,098,910▼7.9% | 990PF |
| 2021 | $1,201,220▲12.5% | $1,182,710▲4.2% | $3,067,741▼9.0% | $3,363,321▼8.7% | 990PF |
| 2020 | $1,068,059▼7.4% | $1,134,496▼0.7% | $3,369,871▲13.1% | $3,683,723▲11.4% | 990PF |
| 2019 | $1,153,147▲14.0% | $1,142,827▲6.2% | $2,978,583 | $3,305,665▼0.3% | 990PF |
| 2018 | $1,011,232▼1.8% | $1,076,435▲7.9% | $2,977,365▼5.7% | $3,314,254▼5.5% | 990PF |
| 2017 | $1,030,279▲5.7% | $997,402▲8.4% | $3,156,634▲2.5% | $3,506,719▲1.9% | 990PF |
| 2016 | $974,324▲12.5% | $920,445▲6.6% | $3,079,636▲5.1% | $3,440,426▲4.1% | 990PF |
| 2015 | $866,171▼9.0% | $863,773▼0.6% | $2,929,410▼3.2% | $3,304,273▼1.7% | 990PF |
| 2014 | $951,460▲7.6% | $868,564▼4.4% | $3,027,725▲0.3% | $3,362,480▲10.4% | 990PF |
| 2013 | $883,894 | $908,600▲3.7% | $3,018,480▲8.2% | $3,046,204▲4.5% | 990PF |
| 2012 | — | $876,472▲8.2% | $2,790,758▲10.2% | $2,914,983▲8.0% | 990PF |
| 2011 | — | $810,051▲5.0% | $2,531,715▼9.5% | $2,699,514▼10.6% | 990PF |
| 2010 | — | $771,365 | $2,797,222 | $3,018,992 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Farmington Home For Aged People Office of Pres & Trustee (EIN 01-0217212) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.