Mission
FOCUSMAINE PROPELS THE GROWTH OF MAINE'S MOST PROMISING INDUSTRIES AND TRANSFORMS MAINE INTO A HUB FOR TOP TALENT.
Public Charity
FOUNDATION FOR A STRONG MAINE ECONOMY
FOUNDATION FOR A STRONG MAINE ECONOMY, of AUGUSTA, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.6M in revenue, $3.3M in expenses, $2.2M in total assets. 26 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.
EIN: 300036992
AUGUSTA, ME
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$3.6M
Total Expenses$3.3M
Total Assets$2.2M
Grant Records26
Funding Total$1.1M
Filing Years2020–2024
Where $100 goes at Foundation for a Strong Maine Economy
How Foundation for a Strong Maine Economy divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$87
Programs
the work itself
$11
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $87 for programs
$87
Focusmaine is strengthening the fabric of maine's economy by accelerating the creation of quality jobs and increasing revenue in globally competitive and high-growth sectors, while also strengthening maine's…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PUBLIC, SOCIETAL BENEFIT
$25,200
Contribution
$25,000
For grant recipient's exempt purposes
$17,000
GENERAL SUPPORT
$16,000
Aquaculture support
$15,000
Showing up to 5 of 26 total records — full history available with membership.
Officers & Directors
MEMBER
Amanda Rector Blazek
PRESIDENT, CO-CHAIR & CO-FOUNDER
Andrea Maker
MEMBER
Dana Connors
MEMBER
Ed Mckersie
MEMBER
Jay Dearborn
MEMBER
Joan Ferrini-Mundy
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.6M | $3.3M | $2.2M |
| 2023 | $3.2M | $3.5M | $2.2M |
| 2022 | $2.2M | $2.3M | $5.2M |
| 2021 | $2.5M | $2.3M | $1.6M |
| 2020 | $2.8M | $2.6M | $1.6M |
Between 2020 and 2024, reported annual revenue grew from $2.8M to $3.6M (+28%), with total assets most recently reported at $2.2M.
Interactive year-over-year charts and full filing details available with membership.