Portland Independent Business & Community Alliance
Only null% goes to programs Strong reserves
Portland Independent Business & Community Alliance is a 501(c)(3) organization based in Portland, Maine, registered in 2024, with $29,059 in FY2024 revenue. CharityIndex grades it B.
Po Box 584, Portland, ME, 04112 EIN 87-0781455 Since 2024
Revenue (FY2024)
$29K
▲ 3.1% vs prior year
Community median: $184K
Expenses (FY2024)
$23K
Net assets
$22K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—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 Portland Independent Business & Community Alliance— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +19% 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 Portland Independent Business & Community Alliance: 11 mo reserves · +19% margin earns a A 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 Portland Independent Business & Community Alliance— 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 Portland Independent Business & Community Alliance: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 584, Portland, ME, 04112
- City
- Portland
- State
- Maine
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue declined from $60K (FY2016) to $29K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,175Net assets $22K
Operating margin
19.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23K
Total liabilities
$1,175
Net assets
$22K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,059▲3.1% | $23,487▲6.8% | $21,641▲34.7% | $22,816▲35.3% | 990EZ |
| 2023 | $28,174▲54.8% | $21,991▲28.5% | $16,069▲62.5% | $16,859▲66.3% | 990EZ |
| 2022 | $18,205▼34.9% | $17,109▼66.1% | $9,886▲12.5% | $10,136▲12.7% | 990EZ |
| 2021 | $27,975▼62.0% | $50,398▼27.8% | $8,790▼71.8% | $8,991▼79.3% | 990EZ |
| 2020 | $73,681▲15.9% | $69,827▲9.3% | $31,214▲14.1% | $43,434▲24.3% | 990EZ |
| 2019 | $63,588 | $63,914 | $27,360 | $34,947 | 990EZ |
| 2018 | — | — | $0▼100% | $0▼100% | 990EZ |
| 2017 | $66,542▲10.4% | $69,934▲24.5% | $28,183▼11.2% | $29,742▼8.0% | 990EZ |
| 2016 | $60,252 | $56,178 | $31,755 | $32,325 | 990EZ |
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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Compare Portland Independent Business & Community Alliance
Frequently asked questions
- Is Portland Independent Business & Community Alliance a legitimate nonprofit?
- Yes. Portland Independent Business & Community Alliance is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-0781455, based in Portland, Maine. Donations are tax-deductible.
- What is Portland Independent Business & Community Alliance's EIN?
- Portland Independent Business & Community Alliance's Employer Identification Number (EIN) is 87-0781455.
- How much revenue does Portland Independent Business & Community Alliance report?
- Portland Independent Business & Community Alliance reported $29,059 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Portland Independent Business & Community Alliance have?
- CharityIndex grades Portland Independent Business & Community Alliance B, based on financial health (reserves and operating margin).
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Data for Portland Independent Business & Community Alliance (EIN 87-0781455) 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.