Quick charity verification for Central Maine Healthcare Corporation (EIN: 10386913)
Verdict: Central Maine Healthcare Corporation appears trustworthy
75/100Mission Score
$92.7MRevenue
$141.8MAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation reporting (0% officer comp for large organization)
Strengths
Consistent asset base exceeding liabilities (e.g., 2023 assets $149M vs. liabilities $84M)
Stable revenue generation over multiple years
Expenses generally align with revenue, indicating active deployment of funds for mission
Positive net income in several periods (e.g., 2021 revenue $47.4M vs. expenses $35.7M)
Spending Breakdown
How Central Maine Healthcare Corporation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Central Maine Healthcare Corporation
Is Central Maine Healthcare Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Maine Healthcare Corporation (EIN: 10386913) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Central Maine Healthcare Corporation a good charity to donate to?
Central Maine Healthcare Corporation has a Mission Score of 75/100. Revenue: $92.7M. Assets: $141.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Central Maine Healthcare Corporation?
The Employer Identification Number (EIN) for Central Maine Healthcare Corporation is 10386913. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Central Maine Healthcare Corporation spend its money?
Central Maine Healthcare Corporation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Central Maine Healthcare Corporation's tax-exempt status?
You can verify Central Maine Healthcare Corporation's tax-exempt status using EIN 10386913 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Central Maine Healthcare Corporation demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. For instance, in 2023, assets were $149,365,912 against liabilities of $84,918,938. The organization has shown consistent revenue generation, with the latest reported revenue at $92,736,201. While expenses have often been close to revenue, indicating a focus on deploying funds, there have been periods of net surplus, such as in 2021 where revenue was $47,484,302 and expenses were $35,742,292. The consistent reporting of 0% officer compensation across all available filings suggests a potential for strong transparency regarding executive pay, or that executive compensation is reported under different categories not captured by this specific metric, which warrants further investigation for a complete picture of compensation practices. The organization's NTEE code E210 (General Hospitals) suggests a significant portion of its expenses would naturally be program-related.