Maine Learning Innovations
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 2,532,442 | 2,158,055 | 374,387 | 2.1 | 28% |
| 2017 | 3,241,842 | 2,668,502 | 573,340 | 4.3 | 25% |
| 2018 | 3,651,703 | 3,007,537 | 644,166 | 6.2 | 29% |
| 2019 | 4,371,555 | 3,678,590 | 692,965 | 7.3 | 32% |
| 2020 | 4,064,795 | 4,291,643 | −226,848 | 5.6 | 35% |
| 2021 | 4,766,879 | 4,716,466 | 50,413 | 5.2 | 35% |
| 2022 | 4,957,179 | 4,654,238 | 302,941 | 6.1 | 51% |
| 2023 | 5,379,378 | 4,971,833 | 407,545 | 6.7 | 54% |
In its most recent public year (2023), this organization brought in $407,545 more than it spent. Its reserves stood at about 6.7 months of spending, up from 2.1 in 2016. Staff pay was 54% 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 Learning Innovations'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