CSCharityScored
48

The Foundation For Maine Community Colleges

Education · Augusta, Maine

323 State St, Augusta, ME 04330-7149

EIN: 271363414· Founded: May 2010· 16 years active· Filing Year: 2024

Annual Revenue

$1.4M

Total Expenses

$6.9M

Total Assets

$9.4M

Program Spending

5%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$138K

2.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$138K

Total Payroll

$277K

4% of total expenses

Where the Money Goes

5%
Programs: 5%
Payroll: 4%
Other overhead: 95%
Program Revenue$368K (27%)
Total Expenses$6.9M (100%)
Payroll$277K (4%)
Overhead (non-program)95%

Trust Score Breakdown

Program Spending Ratio

5% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$138K total officer comp (2.0% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$9.4M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.