CSCharityScored
49

Maine Technology Institute

Education · Portland, Maine

16 Middle St Ste 201, Portland, ME 04101-5163

EIN: 010529871· Founded: Sep 2004· 22 years active· Filing Year: 2023

Annual Revenue

$36.2M

Total Expenses

$35.5M

Total Assets

$22.3M

Program Spending

4%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$111K

0.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$740K

Total Payroll

$851K

2% of total expenses

Where the Money Goes

4%
Programs: 4%
Payroll: 2%
Other overhead: 96%
Program Revenue$1.3M (4%)
Total Expenses$35.5M (98%)
Payroll$851K (2%)
Overhead (non-program)96%

Trust Score Breakdown

Program Spending Ratio

4% of expenses go to programs

40%

Revenue & Stability

$36.2M annual revenue

15%

Executive Compensation

$111K total officer comp (0.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$22.3M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.