Quick charity verification for Maine Hospital Association Inc (EIN: 10266289)
Verdict: Maine Hospital Association Inc appears trustworthy
85/100Mission Score
$3.7MRevenue
$8.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is categorized elsewhere, obscuring true executive costs.
Strengths
Consistent financial stability with revenues generally exceeding expenses over the past decade.
Steady growth in assets, increasing from $3.89M in 2014 to $6.95M in 2023, indicating sound financial management.
Regular and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Manageable liability-to-asset ratio, indicating a healthy balance sheet.
Spending Breakdown
How Maine Hospital Association Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Maine Hospital Association Inc
Is Maine Hospital Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Hospital Association Inc (EIN: 10266289) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Maine Hospital Association Inc a good charity to donate to?
Maine Hospital Association Inc has a Mission Score of 85/100. Revenue: $3.7M. Assets: $8.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maine Hospital Association Inc?
The Employer Identification Number (EIN) for Maine Hospital Association Inc is 10266289. 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 Maine Hospital Association Inc spend its money?
Maine Hospital Association Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maine Hospital Association Inc's tax-exempt status?
You can verify Maine Hospital Association Inc's tax-exempt status using EIN 10266289 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
The Maine Hospital Association Inc. demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in the 202309 period, revenue was $2,668,479 against expenses of $2,639,323, indicating a slight surplus. The organization's assets have shown steady growth, increasing from $3,894,035 in 201409 to $6,951,119 in 202309, suggesting sound financial management and accumulation of resources. Liabilities have also increased over time, but remain at a manageable level relative to assets, with a liability-to-asset ratio of approximately 23.8% in 202309 ($1,654,993 / $6,951,119). The consistent filing of IRS 990 forms over 13 periods indicates a commitment to regulatory compliance and transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The reported 0% officer compensation across all filings is a notable point, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would impact the overall spending efficiency analysis.