Growsmart Maine
Nonprofit profile at a glance
- EIN
- 810620660
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Augusta, ME, USA
- Phone
- 2075824330
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Environmental Beautification and Aesthetics
Reported finances
- Revenue
- $727,830
- Expenses
- $684,304
- Assets
- $363,714
- Liabilities
- $188,928
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Highest reported compensation
- NANCY E SMITH (EXECUTIVE DI): $95,840 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build lasting prosperity without sacrificing the quality of life that defines Maine.
What it reported doing in 2024
2) planning for agriculture the third year of our multi-year "planning for ag" partnership with the american farmland trust continues to respond to the alarming rate of farmland loss in Maine to "low-density residential development- or sprawl. Growsmart Maine helps communities through technical assistance to address the housing crisis, without undoing the good work to address the climate crisis, and without creating the next crisis of access to farmland and food. The downeast food systems partnership provides a platform for developing joint goals and plans, conducting outreach to farming communities, coordinating with relevant actors within and outside the region, and accessing additional resources for implementing projects that promote an inclusive, innovative, and more integrated food system in the downeast region. The partnership has provided a framework to broaden our partnerships, expand our portfolio of community programs, and strengthen our capacity by hiring a part-time professional planner. Three areas of work fall under "planning for ag:" a.the community resilience partnership growsmart Maine is a service provider for the community resilience partnership. The program was established by the governor's office for policy innovation and the future as a part of the implementation of Maine won't wait, Maine's four-year climate action plan. Growsmart Maine has enrolled eight municipalities in the program (mount vernon, rome, vienna, and wayne, leeds, houlton, presque isle, and mexico), facilitated community workshops in each of these towns to prioritize community needs, and helped them apply for funding for climate resiliency projects through the community action grant. B.the housing opportunity program in the second year of this program, growsmart Maine launched two programs, including the aroostook housing initiative and housing forward communities. Both these programs work with selected towns to address Maine's urgent housing needs. The goal of the programs is for the towns to become proactive in addressing housing concerns, promote community development, and empower residents with information and technical assistance to increase the capacity of municipalities to address housing challenges and solutions. C.building community strength growsmart engages with 10 rural towns in the second year of building community strength. With funding from usda rural development and the american farmland trust, the three-year program "building community strength" is a response to the interlinked challenges facing rural communities across Maine. Trainees from ten participating municipalities tackle issues such as climate resilience, economic development, farm viability and farmland protection, affordable housing, and equitable and inclusive community development. The program also trains participants to research and apply for state, federal, and private funding. This past year, representatives from the ten participating towns twice met in person for multi-day workshops in machias and skowhegan. Town managers, select board members, and economic development directors from participating towns gathered to network and learn from each other. They met with growsmart Maine staff and other partners (including sunrise county economic council, eastern Maine development cooperation, north star planning, and the musson group) to participate in a series of sessions focused on community planning. While the program offers technical assistance, funding, and training, a key component is the development of networks among towns. "i had conversations with the different community leaders on a range of topics," said tim st. Peter of presque isle. "if i can learn from someone else what to watch for and avoid, or what process worked for them and be able to apply it to our community, i think that is a success." the towns enrolled in the building community strength program are situated across the state: calais, danforth, enfield, houlton, machias, mexico, presque isl
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.3%; rating input score 68
- Program expense ratio: 72.6%; rating input score 73
- Fundraising efficiency: $15.16 raised per $1 spent on fundraising; rating input score 51; 51st 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 14%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings
Details
- Where the money goes: 68.3% of revenue deployed · 72.6% of spending went to programs
- Governance: 16 of 16 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $496K in reported program spending
- Leadership: top reported pay $96K · 21 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 51/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 25/100.