Albiston Foundation
Nonprofit profile at a glance
- EIN
- 465666045
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Carrabassett Valley, ME, USA
- Phone
- 2072372123
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $563,661
- Expenses
- $326,145
- Assets
- $1,367,144
- Liabilities
- $9,725
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Bruce Albiston (President)
People named in this filing
- Steve Belanger PhD BC-ANDS (Director)
- Tobias Burdet (Director)
- Richard Fecteau (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Albiston Foundation is made up of The Aphasia Center of Maine and the Adaptive Outdoor Education Center. The Centers enhance the quality of life of individuals with aphasia and all people with disabilities.
What it reported doing in 2024
The Albiston Foundation of Maine is made up of The Aphasia Center of Maine and the Adaptive Outdoor Education Center, which opened in December 2015. Together, the Centers served approximately 1,200 people during 2024 through retreats, activities, and programs. Additionally, the organization offered speaking engagements and participated in health fairs that reached countless additional participants.The Aphasia Center of Maine enhances the lives of persons with aphasia and helps them grow. The Center provides recreational, educational, and emotional support to those affected by aphasia and their families. In addition, the Center is a resource to the general public and medical community to increase awareness of all things aphasia. The Adaptive Outdoor Education Center is a fully accessible facility providing low-cost, hostel style accommodations in Carrabassett Valley, Maine. The Center's purpose is to enhance the quality of life for all people with disabilities through adaptive outdoor recreation and education opportunities while also being a resource for the general public.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.6%; rating input score 48
- Program expense ratio: 82.2%; rating input score 82
- Fundraising efficiency: $107.17 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 42.1%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 4.19; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 16.5% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 47.6% of revenue deployed · 82.2% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $268K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- High — Accountability: Governance controls: 4 of 6 not reported.