27
Institute For Family-Owned Business
Community Development · Portland, Maine
Po Box 3364, Portland, ME 04104-3364
EIN: 262428220· Founded: Dec 2008· 18 years active· Filing Year: 2023
Annual Revenue
$273K
Total Expenses
$304K
Total Assets
$188K
Program Spending
17%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$104K
34.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$60K
Total Payroll
$164K
54% of total expenses
Where the Money Goes
17%
Programs: 17%
Payroll: 54%
Other overhead: 83%
Program Revenue$53K (19%)
Total Expenses$304K (100%)
Payroll$164K (54%)
Overhead (non-program)83%
Trust Score Breakdown
Program Spending Ratio
17% of expenses go to programs
Revenue & Stability
$273K annual revenue
Executive Compensation
$104K total officer comp (34.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$188K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.