funder logo

Maine Initiatives

Maine Initiatives

PORTLAND, ME, US
501(c)(3)
EIN
01-0484310
DAF Sponsor
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
funder logo

Maine Initiatives

PORTLAND, ME, US
501(c)(3)
EIN
01-0484310
DAF Sponsor
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$1,962,279

Contributions
95%
Investments
4%
Membership Dues
1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Expenses in 2024

$3,893,392

Grants
43%
Salaries & Benefits
33%
Fees to Service Providers
14%
Other
7%
Offices, Occupancy & IT
3%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,432,357
$1,863,099
-46%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$7,500
$27,500
+267%
Investments
$67,049
$70,830
+6%
Other
$7,015
$850
-88%
Total Revenues
$3,513,921
$1,962,279
-44%
Expenses
2023
2024
Change
Grants
$1,787,479
$1,682,536
-6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,264,129
$1,279,051
+1%
Fees to Service Providers
$287,235
$545,668
+90%
Advertising & Promotion
$11,737
$13,323
+14%
Offices, Occupancy & IT
$96,141
$100,389
+4%
Interest
$0
$0
-
Depreciation
$2,144
$2,311
+8%
Other
$144,512
$270,114
+87%
Total Expenses
$3,593,377
$3,893,392
+8%
Net income
2023
2024
Change
Net income
-$79,456
-$1,931,113
-2330%
Functional Expenses
Summary
2023
2024
Change
Program
$3,151,155
$3,189,554
+1%
Admin
$397,442
$656,875
+65%
Fundraising
$44,780
$46,963
+5%
Total Expenses
$3,593,377
$3,893,392
+8%
Income Statement
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