Is Mount Desert Medical Center Legit?

Quick charity verification for Mount Desert Medical Center (EIN: 16024421)

Verdict: Mount Desert Medical Center appears trustworthy

92/100Mission Score
$742KRevenue
$3.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Mount Desert Medical Center allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Mount Desert Medical Center

Is Mount Desert Medical Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Mount Desert Medical Center (EIN: 16024421) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Mount Desert Medical Center a good charity to donate to?

Mount Desert Medical Center has a Mission Score of 92/100. Revenue: $742K. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mount Desert Medical Center?

The Employer Identification Number (EIN) for Mount Desert Medical Center is 16024421. 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 Mount Desert Medical Center spend its money?

Mount Desert Medical Center allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mount Desert Medical Center's tax-exempt status?

You can verify Mount Desert Medical Center's tax-exempt status using EIN 16024421 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

Mount Desert Medical Center demonstrates consistent financial stability with a healthy asset base, currently at $3,093,183. The organization has consistently maintained zero liabilities across all reported periods, indicating a very strong balance sheet and responsible financial management. While revenue fluctuates year-to-year, ranging from a low of $62,663 in 2020 to a high of $204,684 in 2018, expenses have remained relatively stable, typically in the $50,000-$60,000 range. This suggests predictable operational costs and an ability to manage within varying income levels. The absence of officer compensation reported across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence and efficiency. The organization's financial health appears robust, with assets consistently growing over the past decade, from $1,802,480 in 2014 to $2,598,198 in 2023. This growth, coupled with zero liabilities, provides a strong foundation for its mission. The lack of reported officer compensation also points to a high degree of transparency regarding executive pay, as there is none to disclose. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency beyond the overall low expense figures relative to assets and, in most years, revenue. The consistent positive net income (revenue exceeding expenses) in most years further solidifies its financial health.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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