Maine Connections Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 2,340,375 | 2,291,193 | 49,182 | 0.3 | 43% |
| 2016 | 3,481,374 | 3,192,192 | 289,182 | 1.4 | 22% |
| 2017 | 3,934,605 | 3,557,189 | 377,416 | 2.5 | 23% |
| 2018 | 4,051,209 | 3,784,098 | 267,111 | 3.2 | 28% |
| 2019 | 4,484,576 | 4,139,421 | 345,155 | 3.9 | 30% |
| 2020 | 4,349,003 | 4,339,897 | 9,106 | 3.8 | 30% |
| 2021 | 4,600,495 | 4,875,839 | −275,344 | 2.7 | 29% |
| 2022 | 5,216,066 | 5,327,039 | −110,973 | 2.2 | 32% |
| 2023 | 5,603,508 | 5,491,016 | 112,492 | 2.4 | 32% |
In its most recent public year (2023), this organization brought in $112,492 more than it spent. Its reserves stood at about 2.4 months of spending, up from 0.3 in 2015. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Maine Connections Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works