Is Houlton Regional Health Services Foundation Legit?
Quick charity verification for Houlton Regional Health Services Foundation (EIN: 222511768)
Verdict: Houlton Regional Health Services Foundation appears trustworthy
75/100Mission Score
$739KRevenue
$3.8MAssets
2Red Flags
3Strengths
Red Flags
Revenue has been highly variable year-over-year, ranging from $140,153 in 2019 to $740,412 in 2023, which could impact long-term program planning.
The organization reported a significant increase in expenses in 2022 ($925,594) compared to other years, which warrants further investigation into the nature of these expenditures.
Strengths
Consistent asset growth, reaching $2,896,859 in 2023, indicates strong financial management and stability.
The foundation consistently reports 0% compensation for key personnel, suggesting a high dedication to mission and efficient use of funds.
Low liabilities reported across all years, with $8,287 in 2023 and $0 in many other years, points to a healthy balance sheet.
AI Transparency Report
Houlton Regional Health Services Foundation is a health care nonprofit based in Houlton, Maine, with reported revenue of $739K and assets of $3.8M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is covered by an affiliated entity. Revenue has grown +191% across 13 filing periods.