Aroostook Mental Health Services Inc
Aroostook Mental Health Services Inc shows strong revenue growth and asset accumulation, with no reported officer compensation.
EIN: 10276859 · Presque Isle, ME · NTEE: F80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $27.4M |
| Total Expenses | $23.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $11.6M |
| Transparency Score | 85/100 |
Is Aroostook Mental Health Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aroostook Mental Health Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aroostook Mental Health Services Inc
Aroostook Mental Health Services Inc (EIN: 10276859) is a nonprofit organization based in Presque Isle, ME, classified under NTEE code F80. The organization reported total revenue of $27.4M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aroostook Mental Health Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aroostook Mental Health Services Inc is a large nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.9M |
| Total Expenses | $23.3M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $17.6M |
| Total Liabilities | $5.9M |
| Net Assets | $11.6M |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 33.6% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Aroostook Mental Health Services Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 33.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aroostook Mental Health Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -0.6% | +47.0% |
| 2022 | +2.6% | +14.5% | +26.0% |
| 2021 | +17.7% | +7.2% | +13.3% |
| 2020 | +3.6% | +3.2% | +96.7% |
| 2019 | +7.8% | +4.0% | +26.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aroostook Mental Health Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Aroostook Mental Health Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% for 'Officer Comp' across all available filings, which is highly unusual for an organization with revenues exceeding $25 million. This suggests either a unique compensation structure not captured under this specific line item or a volunteer-led executive team, which would be a significant strength in terms of resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Aroostook Mental Health Services Inc's IRS 990 filings:
- Unclear executive compensation structure given 0% reported officer compensation for a large organization.
Strengths
The following positive indicators were identified for Aroostook Mental Health Services Inc:
- Consistent revenue growth, increasing from $15.9M in 2014 to $25.9M in 2023.
- Significant asset accumulation, growing from $2.7M in 2014 to $17.5M in 2023, indicating strong financial health.
- Consistent positive net income in recent years, demonstrating operational efficiency and sustainability.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities.
Frequently Asked Questions about Aroostook Mental Health Services Inc
Is Aroostook Mental Health Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Aroostook Mental Health Services Inc (EIN: 10276859) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Aroostook Mental Health Services Inc spend its money?
Aroostook Mental Health Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aroostook Mental Health Services Inc tax-deductible?
Aroostook Mental Health Services Inc is registered as a tax-exempt nonprofit (EIN: 10276859). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Aroostook Mental Health Services Inc CEO make?
Aroostook Mental Health Services Inc's highest-compensated officer earns $25 annually. The organization reported $27.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Aroostook Mental Health Services Inc's spending goes to programs?
Aroostook Mental Health Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Aroostook Mental Health Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Aroostook Mental Health Services Inc is above average for NTEE category F80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Aroostook Mental Health Services Inc located?
Aroostook Mental Health Services Inc is headquartered in Presque Isle, Maine and files with the IRS under EIN 10276859. It is classified under NTEE code F80.
How many years of IRS 990 filings does Aroostook Mental Health Services Inc have?
Aroostook Mental Health Services Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $27.4M in total revenue.
How does Aroostook Mental Health Services Inc manage to report 0% officer compensation with over $25 million in revenue?
The provided data consistently shows 'Officer Comp=0%'. This could mean executive leadership is compensated through other categories (e.g., 'salaries and wages' for all employees, not just officers), or the organization has a unique volunteer-based executive structure. A full review of the IRS 990 Part VII would clarify this.
What is the primary driver of Aroostook Mental Health Services Inc's significant asset growth?
The consistent positive difference between revenue and expenses (e.g., $2,655,733 in 202309, $1,218,783 in 202209, and $3,559,559 in 202109) indicates that the organization is generating surpluses, which are then retained and contribute to the growth of its assets, from $2.7M in 2014 to $17.5M in 2023.
Is Aroostook Mental Health Services Inc financially stable given its increasing liabilities?
While liabilities have increased from $2,598,424 in 2014 to $5,903,469 in 2023, the organization's assets have grown at a much faster rate, from $2,736,364 to $17,550,736 over the same period. This indicates a healthy balance sheet with assets significantly outweighing liabilities, suggesting strong financial stability.
Filing History
IRS 990 filing history for Aroostook Mental Health Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aroostook Mental Health Services Inc's revenue has grown by 47.7%, moving from $17.6M to $25.9M. Total assets increased by 344% over the same period, from $4.0M to $17.6M. Total functional expenses rose by 32.6%, from $17.6M to $23.3M. In its most recent filing year (2023), Aroostook Mental Health Services Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $5.9M in liabilities against $17.6M in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $11.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.9M | $23.3M | $17.6M | $5.9M | — | View 990 |
| 2022 | $24.7M | $23.4M | $11.9M | $3.1M | — | View 990 |
| 2021 | $24.0M | $20.5M | $9.5M | $1.8M | — | — |
| 2020 | $20.4M | $19.1M | $8.4M | $4.3M | — | — |
| 2019 | $19.7M | $18.5M | $4.2M | $1.5M | — | View 990 |
| 2018 | $18.3M | $17.8M | $3.3M | $1.8M | — | View 990 |
| 2017 | $16.3M | $16.4M | $3.0M | $1.9M | — | View 990 |
| 2016 | $17.5M | $16.4M | $3.2M | $2.0M | — | View 990 |
| 2015 | $16.4M | $16.4M | $2.9M | $2.8M | — | View 990 |
| 2014 | $16.0M | $16.0M | $2.7M | $2.6M | — | View 990 |
| 2013 | $15.9M | $15.5M | $2.7M | $2.6M | — | View 990 |
| 2012 | $16.7M | $19.2M | $3.6M | $3.9M | — | View 990 |
| 2011 | $17.6M | $17.6M | $4.0M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.9M, expenses of $23.3M, and assets of $17.6M (revenue +5.2% year-over-year).
- 2022: Revenue of $24.7M, expenses of $23.4M, and assets of $11.9M (revenue +2.6% year-over-year).
- 2021: Revenue of $24.0M, expenses of $20.5M, and assets of $9.5M (revenue +17.7% year-over-year).
- 2020: Revenue of $20.4M, expenses of $19.1M, and assets of $8.4M (revenue +3.6% year-over-year).
- 2019: Revenue of $19.7M, expenses of $18.5M, and assets of $4.2M (revenue +7.8% year-over-year).
- 2018: Revenue of $18.3M, expenses of $17.8M, and assets of $3.3M (revenue +12.0% year-over-year).
- 2017: Revenue of $16.3M, expenses of $16.4M, and assets of $3.0M (revenue -6.8% year-over-year).
- 2016: Revenue of $17.5M, expenses of $16.4M, and assets of $3.2M (revenue +7.0% year-over-year).
- 2015: Revenue of $16.4M, expenses of $16.4M, and assets of $2.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $16.0M, expenses of $16.0M, and assets of $2.7M (revenue +0.2% year-over-year).
- 2013: Revenue of $15.9M, expenses of $15.5M, and assets of $2.7M (revenue -4.6% year-over-year).
- 2012: Revenue of $16.7M, expenses of $19.2M, and assets of $3.6M (revenue -4.9% year-over-year).
- 2011: Revenue of $17.6M, expenses of $17.6M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aroostook Mental Health Services Inc:
Data Sources and Methodology
This transparency report for Aroostook Mental Health Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.