Bangor Childrens Home
Bangor Childrens Home maintains strong assets and zero officer compensation despite occasional operating deficits.
EIN: 10211481 · Bangor, ME · NTEE: B21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $972K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Bangor Childrens Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Childrens Home directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Childrens Home
Bangor Childrens Home (EIN: 10211481) is a nonprofit organization based in Bangor, ME, classified under NTEE code B21Z. The organization reported total revenue of $1.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Childrens Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Childrens Home is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $923K |
| Total Expenses | $972K |
| Surplus / Deficit | $-49,235 |
| Total Assets | $1.9M |
| Net Assets | $1.9M |
| Operating Margin | -5.3% |
| Months of Reserves | 22.9 months |
Financial Health Grade: B
In 2023, Bangor Childrens Home reported a deficit of $49K with expenses exceeding revenue, holds 22.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Bangor Childrens Home's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | -7.2% | +12.3% |
| 2022 | +2.6% | +16.7% | -5.1% |
| 2021 | +37.6% | -9.4% | +1.3% |
| 2020 | -19.9% | +17.5% | -14.7% |
| 2019 | +13.6% | +25.0% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Bangor Childrens Home 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, Bangor Childrens Home 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 deficit of $49K, with expenses exceeding revenue.
Executive Compensation Analysis
Bangor Childrens Home consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating a volunteer-led executive structure or extremely low executive salaries relative to its size, which is highly commendable for a nonprofit with over $1.2 million in annual revenue.
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 Bangor Childrens Home's IRS 990 filings:
- Occasional operating deficits where expenses exceed revenue (e.g., 202308, 202208, 202008, 201708, 201608).
Strengths
The following positive indicators were identified for Bangor Childrens Home:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive overhead.
- Strong and stable asset base, consistently above $1.6 million, providing financial resilience.
- Consistent IRS 990 filing history (13 filings), demonstrating good transparency and compliance.
- Zero reported liabilities in most recent periods (202308, 202208, 202108, 201908, 201808, 201708, 201608), indicating sound debt management.
Frequently Asked Questions about Bangor Childrens Home
Is Bangor Childrens Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Childrens Home (EIN: 10211481) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Bangor Childrens Home spend its money?
Bangor Childrens Home directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bangor Childrens Home tax-deductible?
Bangor Childrens Home is registered as a tax-exempt nonprofit (EIN: 10211481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bangor Childrens Home CEO make?
Bangor Childrens Home's highest-compensated officer earns $1.2 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bangor Childrens Home's spending goes to programs?
Bangor Childrens Home directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bangor Childrens Home compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bangor Childrens Home is above average for NTEE category B21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bangor Childrens Home located?
Bangor Childrens Home is headquartered in Bangor, Maine and files with the IRS under EIN 10211481. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Bangor Childrens Home have?
Bangor Childrens Home 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 Bangor Childrens Home financially stable?
Yes, the organization appears financially stable, maintaining assets consistently above $1.6 million and reporting zero liabilities in most recent periods, despite occasional operating deficits where expenses exceeded revenue.
How efficient is Bangor Childrens Home with its spending?
The organization demonstrates strong potential for spending efficiency by consistently reporting 0% officer compensation, suggesting a significant portion of funds can be directed towards programs rather than executive salaries.
Does Bangor Childrens Home have high administrative costs?
Based on the consistent 0% officer compensation, it is highly probable that administrative costs are kept low, though a full breakdown of administrative vs. program spending would require reviewing the complete 990 forms.
What is the trend in Bangor Childrens Home's revenue and expenses?
Revenue has fluctuated, with recent years seeing around $900,000 to $1 million, and the latest at $1,265,453. Expenses have sometimes exceeded revenue, such as in 202308 ($971,807 expenses vs. $922,572 revenue) and 202208 ($1,047,635 expenses vs. $959,641 revenue), indicating periods of deficit spending.
Filing History
IRS 990 filing history for Bangor Childrens Home showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bangor Childrens Home's revenue has grown by 96.2%, moving from $470K to $923K. Total assets decreased by 14.9% over the same period, from $2.2M to $1.9M. Total functional expenses rose by 63.3%, from $595K to $972K. In its most recent filing year (2023), Bangor Childrens Home reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $923K | $972K | $1.9M | $0 | — | View 990 |
| 2022 | $960K | $1.0M | $1.7M | $0 | — | View 990 |
| 2021 | $935K | $897K | $1.7M | $0 | — | View 990 |
| 2020 | $680K | $991K | $1.7M | $15K | — | View 990 |
| 2019 | $848K | $843K | $2.0M | $0 | — | View 990 |
| 2018 | $747K | $675K | $2.0M | $3K | — | View 990 |
| 2017 | $414K | $544K | $1.9M | $0 | — | — |
| 2016 | $575K | $628K | $2.1M | $0 | — | View 990 |
| 2015 | $652K | $606K | $2.1M | $25K | — | View 990 |
| 2014 | $888K | $606K | $2.1M | $25K | — | View 990 |
| 2013 | $480K | $622K | $1.8M | $0 | — | View 990 |
| 2012 | $604K | $849K | $1.9M | $0 | — | View 990 |
| 2011 | $470K | $595K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $923K, expenses of $972K, and assets of $1.9M (revenue -3.9% year-over-year).
- 2022: Revenue of $960K, expenses of $1.0M, and assets of $1.7M (revenue +2.6% year-over-year).
- 2021: Revenue of $935K, expenses of $897K, and assets of $1.7M (revenue +37.6% year-over-year).
- 2020: Revenue of $680K, expenses of $991K, and assets of $1.7M (revenue -19.9% year-over-year).
- 2019: Revenue of $848K, expenses of $843K, and assets of $2.0M (revenue +13.6% year-over-year).
- 2018: Revenue of $747K, expenses of $675K, and assets of $2.0M (revenue +80.5% year-over-year).
- 2017: Revenue of $414K, expenses of $544K, and assets of $1.9M (revenue -28.0% year-over-year).
- 2016: Revenue of $575K, expenses of $628K, and assets of $2.1M (revenue -11.8% year-over-year).
- 2015: Revenue of $652K, expenses of $606K, and assets of $2.1M (revenue -26.6% year-over-year).
- 2014: Revenue of $888K, expenses of $606K, and assets of $2.1M (revenue +85.0% year-over-year).
- 2013: Revenue of $480K, expenses of $622K, and assets of $1.8M (revenue -20.6% year-over-year).
- 2012: Revenue of $604K, expenses of $849K, and assets of $1.9M (revenue +28.5% year-over-year).
- 2011: Revenue of $470K, expenses of $595K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Childrens Home:
Data Sources and Methodology
This transparency report for Bangor Childrens Home 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.