Charity Search / MAINE INITIATIVES INC
Crime & Legal-Related (I20Z) 990 on File

MAINE INITIATIVES INC

EIN: 01-0484310 · PORTLAND, ME 04101-5000 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.0M
Total Revenue
$3.9M
Total Expenses
$3.7M
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.9%
Fundraising Efficiency N/A
Operating Reserve 11.46x
Liability-to-Asset 28.2%
Revenue Diversification 96.4%
Executive Compensation $132K
Compared with Peers
FY 2024
Compared with 889 similar organizations (United States, Crime & Legal-Related, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.9% 83.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
16.9% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.2% 2.1%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
11.5 mo 8.5 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
28.2% 15.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
96.4% 96.0%
P10P90
Below median
Revenue growth
Year over year revenue growth
-44.2% 8.3%
P10P90
Expense growth
Year over year expense growth
8.3% 8.7%
P10P90
Surplus margin
Surplus as a share of revenue
-98.4% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.0M $3.9M $3.7M 81.9% 19
2023 $3.5M $3.6M $4.4M 87.7% 16
2022 $2.7M $2.9M $4.2M 80.9% 15
2021 $2.6M $2.1M N/A 9
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Organization Details
EIN
01-0484310
State
ME
City
PORTLAND
ZIP
04101-5000
Classification
I20Z
Category
Crime & Legal-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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