Maine Learning Innovations

Education organization based in Augusta, ME. 72 employees. Exempt under §501(c)(3).

MissionMAINE VIRTUAL ACADEMY, AN ONLINE PUBLIC CHARTER SCHOOL, OFFERS MAINE STUDENTS IN GRADES 7-12 AN EXCEPTIONAL LEARNING EXPERIENCE. WITH INDIVIDUALIZED LEARNING APPROACHES, MAINE VIRTUAL ACADEMY PROVIDES THE TOOLS KIDS NEED TO SUCCEED - IN SCHOOL AND BEYOND.

Financial snapshot · TY 2024

$5.8M
Total revenue
$5.7M
Total expenses
$4.1M
Net assets

Financial health · TY 2024

52
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
40
7.2 months of expenses
Program efficiency
89
85.7% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$124,210
21th percentile vs. peers

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Maine Learning Innovations Executive Compensation | 990 Data | DoubleNine