Augusta Regional Church Housing Corp Beta
Augusta Regional Church Housing Corp Beta operates with no reported officer compensation, maintaining revenues close to expenses while assets gradually decline.
EIN: 10328017 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Augusta Regional Church Housing Corp Beta Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Augusta Regional Church Housing Corp Beta directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Augusta Regional Church Housing Corp Beta
Augusta Regional Church Housing Corp Beta (EIN: 10328017) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $1.3M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Augusta Regional Church Housing Corp Beta's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Augusta Regional Church Housing Corp Beta is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-14,209 |
| Total Assets | $2.4M |
| Total Liabilities | $937K |
| Net Assets | $1.4M |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 22.6 months |
Financial Health Grade: B
In 2023, Augusta Regional Church Housing Corp Beta reported a deficit of $14K with expenses exceeding revenue, holds 22.6 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Augusta Regional Church Housing Corp Beta's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +6.1% | -2.6% |
| 2022 | +2.8% | +4.2% | -3.0% |
| 2021 | +2.6% | -0.7% | -0.9% |
| 2020 | +1.0% | -0.1% | -4.1% |
| 2019 | +1.9% | +2.5% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1975 |
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 Augusta Regional Church Housing Corp Beta 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: 90%
- fundraising: 0%
According to IRS 990 filings, Augusta Regional Church Housing Corp Beta allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for 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 Augusta Regional Church Housing Corp Beta's IRS 990 filings:
- Consistent slight operational deficits (e.g., 2023: expenses $1,255,883 vs. revenue $1,241,674)
- Gradual decline in total assets over the past decade (from $3,140,626 in 2014 to $2,364,432 in 2023)
- NTEE code is unknown, limiting clear understanding of programmatic focus
Strengths
The following positive indicators were identified for Augusta Regional Church Housing Corp Beta:
- Zero officer compensation reported across all filings, indicating high efficiency in resource allocation
- Consistent revenue generation over $1 million annually
- Regular and timely IRS 990 filings, demonstrating transparency
- Liabilities have decreased significantly over the past decade (from $1,533,234 in 2014 to $936,692 in 2023)
Frequently Asked Questions about Augusta Regional Church Housing Corp Beta
Is Augusta Regional Church Housing Corp Beta a legitimate charity?
Augusta Regional Church Housing Corp Beta (EIN: 10328017) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Augusta Regional Church Housing Corp Beta spend its money?
Augusta Regional Church Housing Corp Beta directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Augusta Regional Church Housing Corp Beta tax-deductible?
Augusta Regional Church Housing Corp Beta is registered as a tax-exempt nonprofit (EIN: 10328017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Augusta Regional Church Housing Corp Beta located?
Augusta Regional Church Housing Corp Beta is headquartered in Augusta, Maine and files with the IRS under EIN 10328017.
How many years of IRS 990 filings does Augusta Regional Church Housing Corp Beta have?
Augusta Regional Church Housing Corp Beta 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 $1.3M in total revenue.
Is Augusta Regional Church Housing Corp Beta financially stable?
The organization maintains a consistent revenue stream that closely matches its expenses, as seen in 2023 where revenue was $1,241,674 and expenses were $1,255,883. While assets have gradually declined from $3,140,626 in 2014 to $2,364,432 in 2023, liabilities have also decreased, suggesting managed financial health rather than instability.
How does the organization manage its executive compensation?
Augusta Regional Church Housing Corp Beta reports 0% officer compensation in all available IRS 990 filings, indicating that no funds are used for executive salaries, which is a strong positive for donor confidence and resource allocation.
What is the trend in the organization's assets and liabilities?
Assets have shown a gradual decline from $3,140,626 in 2014 to $2,364,432 in 2023. Concurrently, liabilities have also decreased from $1,533,234 in 2014 to $936,692 in 2023, suggesting a managed reduction in overall financial footprint rather than uncontrolled asset depletion.
Filing History
IRS 990 filing history for Augusta Regional Church Housing Corp Beta showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Augusta Regional Church Housing Corp Beta's revenue has grown by 16.6%, moving from $1.1M to $1.2M. Total assets increased by 45.4% over the same period, from $1.6M to $2.4M. Total functional expenses rose by 41.2%, from $889K to $1.3M. In its most recent filing year (2023), Augusta Regional Church Housing Corp Beta reported a deficit of $14K, with expenses exceeding revenue. The organization holds $937K in liabilities against $2.4M in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $2.4M | $937K | — | — |
| 2022 | $1.2M | $1.2M | $2.4M | $986K | — | — |
| 2021 | $1.1M | $1.1M | $2.5M | $1.1M | — | View 990 |
| 2020 | $1.1M | $1.1M | $2.5M | $1.1M | — | — |
| 2019 | $1.1M | $1.1M | $2.6M | $1.2M | — | View 990 |
| 2018 | $1.1M | $1.1M | $2.7M | $1.2M | — | View 990 |
| 2017 | $1.1M | $1.1M | $2.8M | $1.3M | — | View 990 |
| 2016 | $1.0M | $1.1M | $2.9M | $1.3M | — | View 990 |
| 2015 | $1.0M | $1.1M | $2.9M | $1.4M | — | View 990 |
| 2014 | $1.0M | $990K | $3.1M | $1.5M | — | View 990 |
| 2013 | $1.1M | $940K | $1.7M | $141K | — | View 990 |
| 2012 | $1.1M | $911K | $1.7M | $235K | — | View 990 |
| 2011 | $1.1M | $889K | $1.6M | $370K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $2.4M (revenue +5.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $2.4M (revenue +2.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +2.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue +1.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $2.6M (revenue +1.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $2.7M (revenue +1.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $2.8M (revenue +2.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $2.9M (revenue +1.4% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $2.9M (revenue +1.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $990K, and assets of $3.1M (revenue -7.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $940K, and assets of $1.7M (revenue +2.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $911K, and assets of $1.7M (revenue +0.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $889K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Augusta Regional Church Housing Corp Beta:
Data Sources and Methodology
This transparency report for Augusta Regional Church Housing Corp Beta 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.