Charity Search / SPEEDWELL PROJECTS
Arts, Culture & Humanities (A20) 990 on File

SPEEDWELL PROJECTS

EIN: 82-4089115 · PORTLAND, ME 04102-3997 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$131K
Total Revenue
$179K
Total Expenses
$45K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.7%
Fundraising Efficiency N/A
Operating Reserve 3.04x
Liability-to-Asset 7.4%
Revenue Diversification 95.4%
Executive Compensation $33K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M 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
78.7% 82.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.7% 14.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.6% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.0 mo 9.8 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
7.4% 1.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
95.4% 79.8%
P10P90
Below median
Revenue growth
Year over year revenue growth
-31.2% 8.1%
P10P90
Expense growth
Year over year expense growth
-3.1% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
-36.5% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $131K $179K $45K 78.7% 3
2023 $191K $185K $93K 76.6% 4
2022 $193K $164K $87K 85.8% 1
2021 $210K $103K N/A 1
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Organization Details
EIN
82-4089115
State
ME
City
PORTLAND
ZIP
04102-3997
Classification
A20
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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