EDUCATE MAINE

PORTLAND, ME, 04101-3437 (207) 347-8638 Est. 2003 EIN 20-3559947

B05— Education Form 990 501(c)(3)

Mission

To champion college and career readiness and strive to increase the educational attainment of the Maine workforce.

Total Revenue

$3,619,426

Total Expenses

$2,797,614

Net Assets

$1,593,143

18 employees

From latest filing (tax period ending 2024-12-31)

Operating Reserve

6.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 67.2%

Expenses ↑ 23.3%

Revenue Sources

Contributions 94.4% Earned revenue 5.6%

Expense Breakdown

Program 80.1% Management 15.5% Fundraising 4.4%

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Year	Revenue	Expenses	Net Assets
2024 Form 990	$3,619,426 ↑	$2,797,614	$1,593,143
2023 Form 990	$2,165,035 ↑	$2,268,982	$771,331
2022 Form 990	$1,542,987 ↑	$1,701,737	$875,278
2021 Form 990	$852,659 ↓	$1,120,357	$1,034,028
2020 Form 990	$1,324,808 ↑	$1,405,912	$1,301,726
2018 Form 990	$1,205,117	$992,407	$829,246