Maine & Company
501(c)(6)
Only null% goes to programs Strong reserves
Maine & Company is a 501(c)(6) organization based in Portland, Maine, registered in 1996, with $645,161 in FY2023 revenue. CharityIndex grades it C+.
280 Fore St Ste 402, Portland, ME, 04101 EIN 01-0504259 Since 1996
Revenue (FY2023)
$645K
▼ 0.3% vs prior year
Expenses (FY2023)
$748K
Net assets
$394K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Maine & Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating6 mo reserves · -16% margin
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 Maine & Company: 6 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Maine & Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Maine & Company: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $423K (FY2013) to $645K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $17KNet assets $394K
Operating margin
-16.0%
Spent more than it raised in the latest fiscal year.
Total assets
$411K
Total liabilities
$17K
Net assets
$394K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $645,161▼0.3% | $748,065▲21.9% | $394,402▼20.5% | $410,925▼18.4% | 990 |
| 2022 | $647,071▲3.0% | $613,801▲2.3% | $496,413▲7.6% | $503,306▲8.4% | 990 |
| 2021 | $628,199▲4.8% | $600,056▲2.5% | $461,370▲6.5% | $464,139▼19.4% | 990 |
| 2020 | $599,279▼12.0% | $585,398▼13.9% | $433,227▲3.3% | $575,727▲32.6% | 990 |
| 2019 | $681,250▲7.7% | $679,654▼0.7% | $419,346▲1.1% | $434,346▼27.1% | 990 |
| 2018 | $632,691▼11.6% | $684,666▲27.7% | $414,954▼11.1% | $596,204▲27.7% | 990 |
| 2017 | $715,369▲29.6% | $536,125▲10.6% | $466,929▲62.3% | $466,929▲62.3% | 990 |
| 2016 | $552,066▲7.4% | $484,631▼1.5% | $287,685▲30.6% | $287,685▲30.6% | 990 |
| 2015 | $513,867▲0.7% | $491,956▲6.0% | $220,250▲12.8% | $220,250▲12.8% | 990 |
| 2014 | $510,533▲20.6% | $464,246▼10.9% | $195,180▲31.1% | $195,180▲31.1% | 990 |
| 2013 | $423,487 | $521,329▲18.1% | $148,893▼39.7% | $148,893▼39.7% | 990 |
| 2012 | — | $441,380▲27.2% | $246,735▲145% | $246,735▲145% | 990 |
| 2011 | — | $346,896 | $100,568 | $100,568 | 990 |
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.
Frequently asked questions
- Is Maine & Company a legitimate nonprofit?
- Yes. Maine & Company is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 01-0504259, based in Portland, Maine.
- What is Maine & Company's EIN?
- Maine & Company's Employer Identification Number (EIN) is 01-0504259.
- How much revenue does Maine & Company report?
- Maine & Company reported $645,161 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Maine & Company have?
- CharityIndex grades Maine & Company C+, based on financial health (reserves and operating margin).
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Data for Maine & Company (EIN 01-0504259) 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.