Bangor Humane Society
Bangor Humane Society shows consistent revenue and asset growth with no reported officer compensation.
EIN: 10215910 · Bangor, ME · NTEE: D200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is Bangor Humane Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Humane Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Humane Society
Bangor Humane Society (EIN: 10215910) is a nonprofit organization based in Bangor, ME, classified under NTEE code D200. The organization reported total revenue of $2.3M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Humane Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Humane Society is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$280K |
| Total Assets | $5.0M |
| Total Liabilities | $83K |
| Net Assets | $4.9M |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 32.9 months |
Financial Health Grade: A
In 2024, Bangor Humane Society reported a surplus of $280K with revenue exceeding expenses, holds 32.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Bangor Humane Society's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +87.8% | +9.9% | +6.0% |
| 2023 | -38.5% | +15.4% | -7.3% |
| 2022 | +18.5% | +7.1% | +7.1% |
| 2021 | +14.6% | +0.8% | +4.1% |
| 2020 | -50.1% | +7.1% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1977 |
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 Humane Society 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: 80%
- fundraising: 10%
According to IRS 990 filings, Bangor Humane Society allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $280K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues exceeding $2 million. This suggests that key leadership may be volunteer-based or compensated through other expense categories, warranting further investigation for a complete understanding of executive remuneration.
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 Humane Society's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this size and could obscure actual executive remuneration.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, making it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Bangor Humane Society:
- Consistent growth in assets, reaching $4,989,963 in the latest filing, indicating strong financial management.
- Generally positive operating margins, with revenues often exceeding expenses (e.g., 202404: Revenue $2,099,590 vs. Expenses $1,819,462).
- Long history of IRS 990 filings (13 filings), demonstrating a commitment to transparency and public accountability.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., 202404: Liabilities $83,003 vs. Assets $4,989,963).
Frequently Asked Questions about Bangor Humane Society
Is Bangor Humane Society a legitimate charity?
Bangor Humane Society (EIN: 10215910) 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: $2.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Bangor Humane Society spend its money?
Bangor Humane Society directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Bangor Humane Society tax-deductible?
Bangor Humane Society is registered as a tax-exempt nonprofit (EIN: 10215910). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bangor Humane Society CEO make?
Bangor Humane Society's highest-compensated officer earns $2 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bangor Humane Society's spending goes to programs?
Bangor Humane Society directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bangor Humane Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bangor Humane Society is above average for NTEE category D200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bangor Humane Society located?
Bangor Humane Society is headquartered in Bangor, Maine and files with the IRS under EIN 10215910. It is classified under NTEE code D200.
How many years of IRS 990 filings does Bangor Humane Society have?
Bangor Humane Society 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 $2.3M in total revenue.
How does Bangor Humane Society manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues often exceeding $1 million. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines, such as salaries and wages for non-officer staff, rather than 'officer compensation' as defined by the IRS.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data shows total revenues and expenses, it lacks the granular detail to precisely determine the percentages allocated to programs, administration, and fundraising. A deeper dive into the full IRS Form 990 would be necessary to ascertain these specific ratios and evaluate spending efficiency more accurately.
What caused the significant revenue fluctuation in 201904 and 202304?
Revenue in 201904 was $2,682,649, significantly higher than surrounding years, while 202304 saw a dip to $1,117,850. These fluctuations could be due to large one-time donations, capital campaigns, or specific fundraising events in the high-revenue year, and potentially a less successful fundraising year or economic factors in the lower-revenue year. Further details from the 990s would clarify the reasons.
Filing History
IRS 990 filing history for Bangor Humane Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Bangor Humane Society's revenue has grown by 145.2%, moving from $856K to $2.1M. Total assets increased by 82.5% over the same period, from $2.7M to $5.0M. Total functional expenses rose by 97.6%, from $921K to $1.8M. In its most recent filing year (2024), Bangor Humane Society reported a surplus of $280K, with revenue exceeding expenses. The organization holds $83K in liabilities against $5.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $1.8M | $5.0M | $83K | — | View 990 |
| 2023 | $1.1M | $1.7M | $4.7M | $177K | — | View 990 |
| 2022 | $1.8M | $1.4M | $5.1M | $28K | — | View 990 |
| 2021 | $1.5M | $1.3M | $4.7M | $4K | — | — |
| 2020 | $1.3M | $1.3M | $4.6M | $189K | — | View 990 |
| 2019 | $2.7M | $1.2M | $4.5M | $56K | — | View 990 |
| 2018 | $1.2M | $1.2M | $3.1M | $52K | — | View 990 |
| 2017 | $1.3M | $1.1M | $3.0M | $45K | — | View 990 |
| 2016 | $985K | $1.1M | $2.7M | $15K | — | View 990 |
| 2015 | $968K | $1.1M | $2.9M | $21K | — | View 990 |
| 2014 | $1.3M | $1.1M | $2.9M | $17K | — | View 990 |
| 2013 | $905K | $1.0M | $2.6M | $21K | — | View 990 |
| 2012 | $856K | $921K | $2.7M | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.1M, expenses of $1.8M, and assets of $5.0M (revenue +87.8% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.7M, and assets of $4.7M (revenue -38.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.4M, and assets of $5.1M (revenue +18.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $4.7M (revenue +14.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $4.6M (revenue -50.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.2M, and assets of $4.5M (revenue +115.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $3.1M (revenue -6.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $3.0M (revenue +34.9% year-over-year).
- 2016: Revenue of $985K, expenses of $1.1M, and assets of $2.7M (revenue +1.7% year-over-year).
- 2015: Revenue of $968K, expenses of $1.1M, and assets of $2.9M (revenue -27.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $2.9M (revenue +48.1% year-over-year).
- 2013: Revenue of $905K, expenses of $1.0M, and assets of $2.6M (revenue +5.7% year-over-year).
- 2012: Revenue of $856K, expenses of $921K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Humane Society:
Data Sources and Methodology
This transparency report for Bangor Humane Society 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.