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FOUNDATION FOR A STRONG MAINE ECONOMY
FOUNDATION FOR A STRONG MAINE ECONOMY
AUGUSTA, ME, US
•
a.k.a
FocusMaine
•
501(c)(3)
•
EIN
30-0036992
•
•
Regional Funder
Women Led
LGBTQ+ Led
FOUNDATION FOR A STRONG MAINE ECONOMY
AUGUSTA, ME, US
•
a.k.a
FocusMaine
•
501(c)(3)
•
EIN
30-0036992
•
•
Regional Funder
Women Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in
2024
$3,551,496
Contributions
N/A
Government Grants
N/A
Investments
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in
2024
$3,262,841
Grants
66%
Salaries & Benefits
20%
Other
11%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,817,392
$2,943,131
+4%
Government Grants
$401,443
$531,383
+32%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$21,209
$114,221
+439%
Other
$1,425
-$37,239
-2713%
Total Revenues
$3,241,469
$3,551,496
+10%
Expenses
2023
2024
Change
Grants
$2,245,912
$2,145,984
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$547,590
$668,535
+22%
Fees to Service Providers
$146,320
$76,805
-48%
Advertising & Promotion
$2,248
$2,440
+9%
Offices, Occupancy & IT
$14,306
$26,084
+82%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$523,929
$342,993
-35%
Total Expenses
$3,480,305
$3,262,841
-6%
Net income
2023
2024
Change
Net income
-$238,836
+$288,655
-221%
Functional Expenses
Summary
2023
2024
Change
Program
$3,136,922
$2,895,769
-8%
Admin
$308,347
$279,238
-9%
Fundraising
$35,036
$87,834
+151%
Total Expenses
$3,480,305
$3,262,841
-6%
Income Statement
