Public Charity

LINCOLN ACADEMY

LINCOLN ACADEMY, of NEWCASTLE, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $12.7M in revenue, $14.0M in expenses, $24.2M in total assets. 26 publicly reported grants to this organization, totaling roughly $2.8M, appear in IRS filings.

EIN: 010219126 NEWCASTLE, ME Latest filing: 2025
Total Revenue$12.7M
Total Expenses$14.0M
Total Assets$24.2M
Grant Records26
Funding Total$2.8M
Filing Years2021–2025

Mission

GROUNDED IN COMMUNITY, GLOBAL IN VISION, AND RICH IN OPPORTUNITY, LINCOLN ACADEMY CHALLENGES ALL STUDENTS TO GROW IN SKILLS AND SCHOLARSHIP, SERVE OTHERS, AND LEAD FULFILLING LIVES.

Sample Grants Received

2024
For grant recipient's exempt purposes
$47,275
2024
Curriculum Development for Community-Based Applied Learning Program in Marine Industry at Lincoln Academy
$25,000
$20,840
$17,290
2023
For grant recipient's exempt purposes
$64,725

Showing up to 5 of 26 total records — full history available with membership.

Officers & Directors

TRUSTEE Christopher Olson
CHAIR Cindy Wade
TRUSTEE David Fields
TRUSTEE Elizabeth Storer
SECRETARY Faustine Reny
HEAD OF SCHO Jeffrey Burroughs

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$2,490,105 9 grants
FOR GENERAL OPERATING SUPPORT
$85,835 1 grant
EDUCATION
$57,290 4 grants
Secondary & High Schools
$44,910 6 grants
SCHOOL
$32,595 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.7M $14.0M $24.2M
2024 $11.2M $12.8M $25.0M
2023 $10.8M $12.3M $25.8M
2022 $10.2M $11.8M $26.9M
2021 $16.6M $10.7M $30.2M

Between 2021 and 2025, reported annual revenue declined from $16.6M to $12.7M (-24%), with total assets most recently reported at $24.2M.

Interactive year-over-year charts and full filing details available with membership.

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