Upstart Maine Inc
- Assets
- $71.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, ME
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-3181065
Organization Overview
Upstart Maine Inc is located in Orono, ME. The organization was established in 2016. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upstart Maine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Upstart Maine Inc generated $88.7k in total revenue. All expenses for the organization totaled $96.3k during the year ending 12/2021. While expenses have increased by 50.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Richert Financial Reporter | 1 | $0 | |
Jason Harkins Vice President | 1 | $0 | |
Jake Ward Treasurer | 1 | $0 | |
Susan Mackay Director | 1 | $0 | |
Elena Metzger Director | 1 | $0 | |
Deborah Neuman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,737 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,347 |
| Occupancy, rent, utilities, and maintenance | $250 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,752 |
| Total expenses | $96,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,038 |
| Other assets | $0 |
| Total assets | $71,038 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,038 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Upstart Maine Inc has recieved totaling $31,500.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Economic Development | $20,000 |
Bangor Savings Bank Foundation Bangor, ME PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
Casco Foundation Portland, ME PURPOSE: TO SUPPORT APRIL INNOVATION NIGHTS TARGETED TOWARDS WOMEN AND BIPOC ENTREPRENEURS. | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Maine Development Foundation Hallowell, ME | $970,799 | $2,681,444 |
Maine Tourism Association Hallowell, ME | $2,552,212 | $2,806,092 |
Maine Manufacturing Extension Partnership Augusta, ME | $1,279,245 | $1,939,009 |
Rockingham Economic Development Corporation Raymond, NH | $17,369,754 | $4,323,565 |
Kennebec Valley Council Of Governments Fairfield, ME | $3,745,709 | $1,561,553 |
Main Street Skowhegan Skowhegan, ME | $357,285 | $771,437 |
Convention Visitors Bureau Of Greater Portland Portland, ME | $563,151 | $741,115 |
Walpole Foundation Walpole, NH | $9,906,634 | $599,898 |
New Hampshire Lodging And Resturant Association Concord, NH | $788,383 | $690,976 |
Central Maine Growth Council Waterville, ME | $350,733 | $607,931 |
Grafton County Economic Development Council Plymouth, NH | $4,974,864 | $573,300 |