Bangor Nursing & Rehabilitation Center
Bangor Nursing & Rehabilitation Center faces persistent operating deficits and increasing liabilities.
EIN: 10538534 · Bangor, ME · NTEE: E91 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $9.5M |
| Program Spending | 80% |
| Net Assets | $-521,550 |
| Transparency Score | 55/100 |
Is Bangor Nursing & Rehabilitation Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bangor Nursing & Rehabilitation Center directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bangor Nursing & Rehabilitation Center
Bangor Nursing & Rehabilitation Center (EIN: 10538534) is a nonprofit organization based in Bangor, ME, classified under NTEE code E91. The organization reported total revenue of $8.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bangor Nursing & Rehabilitation Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bangor Nursing & Rehabilitation Center is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $9.5M |
| Surplus / Deficit | $-1,729,503 |
| Total Assets | $2.1M |
| Total Liabilities | $2.6M |
| Net Assets | $-521,550 |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 125.0% |
| Months of Reserves | 2.6 months |
Financial Health Grade: D
In 2023, Bangor Nursing & Rehabilitation Center reported a deficit of $1.7M with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 125.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), Bangor Nursing & Rehabilitation Center's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +20.4% | -1.3% |
| 2022 | +121.1% | +144.8% | -33.3% |
| 2021 | -57.3% | -48.4% | +1.2% |
| 2021 | +3.2% | -3.2% | +2.4% |
| 2020 | +4.5% | -2.6% | +25.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Nursing & Rehabilitation Center with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bangor Nursing & Rehabilitation Center allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 125.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership model or that executive compensation is categorized differently, which could impact the clarity of financial reporting.
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 Nursing & Rehabilitation Center's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in most recent periods (e.g., $1.7M deficit in 2023).
- Significant increase in liabilities from $902,806 in 2022 to $2,604,960 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
Strengths
The following positive indicators were identified for Bangor Nursing & Rehabilitation Center:
- Consistent operation for over a decade, indicating established presence in the community.
- No reported officer compensation, potentially indicating a commitment to minimizing overhead in that area.
Frequently Asked Questions about Bangor Nursing & Rehabilitation Center
Is Bangor Nursing & Rehabilitation Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Bangor Nursing & Rehabilitation Center (EIN: 10538534) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Bangor Nursing & Rehabilitation Center spend its money?
Bangor Nursing & Rehabilitation Center directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bangor Nursing & Rehabilitation Center tax-deductible?
Bangor Nursing & Rehabilitation Center is registered as a tax-exempt nonprofit (EIN: 10538534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bangor Nursing & Rehabilitation Center's spending goes to programs?
Bangor Nursing & Rehabilitation Center directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bangor Nursing & Rehabilitation Center compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Bangor Nursing & Rehabilitation Center is near average for NTEE category E91 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bangor Nursing & Rehabilitation Center located?
Bangor Nursing & Rehabilitation Center is headquartered in Bangor, Maine and files with the IRS under EIN 10538534. It is classified under NTEE code E91.
How many years of IRS 990 filings does Bangor Nursing & Rehabilitation Center have?
Bangor Nursing & Rehabilitation Center 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 $8.2M in total revenue.
Is Bangor Nursing & Rehabilitation Center financially sustainable given its consistent operating deficits?
The organization has reported expenses exceeding revenue in most recent periods, including a $1.7 million deficit in 2023 and a $1.5 million deficit in 2022. This trend raises concerns about long-term financial sustainability.
What is the reason for the significant increase in liabilities to $2,604,960 in 2023?
The liabilities increased dramatically from $902,806 in 2022 to $2,604,960 in 2023, which is a substantial jump that warrants further investigation into the nature of these new obligations.
How does the organization cover its operating deficits?
With consistent deficits, the organization would likely be drawing down reserves, incurring debt, or receiving other forms of financial support not immediately apparent from the top-line revenue and expense figures provided.
Filing History
IRS 990 filing history for Bangor Nursing & Rehabilitation Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Bangor Nursing & Rehabilitation Center's revenue has grown by 34.9%, moving from $5.8M to $7.8M. Total assets decreased by 44.4% over the same period, from $3.7M to $2.1M. Total functional expenses rose by 64.5%, from $5.8M to $9.5M. In its most recent filing year (2023), Bangor Nursing & Rehabilitation Center reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $2.1M in assets (debt-to-asset ratio: 125.0%), resulting in net assets of $-521,550.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $9.5M | $2.1M | $2.6M | — | — |
| 2022 | $6.4M | $7.9M | $2.1M | $903K | — | View 990 |
| 2021 | $2.9M | $3.2M | $3.2M | $923K | — | View 990 |
| 2021 | $6.8M | $6.3M | $3.1M | $549K | — | View 990 |
| 2020 | $6.6M | $6.5M | $3.1M | $989K | — | View 990 |
| 2019 | $6.3M | $6.7M | $2.4M | $470K | — | View 990 |
| 2018 | $6.0M | $6.1M | $2.8M | $430K | — | View 990 |
| 2017 | $5.9M | $5.8M | $2.8M | $325K | — | View 990 |
| 2016 | $5.6M | $5.7M | $2.6M | $276K | — | View 990 |
| 2015 | $5.8M | $5.8M | $2.8M | $440K | — | View 990 |
| 2014 | $5.3M | $6.2M | $3.1M | $689K | — | View 990 |
| 2013 | $5.8M | $5.9M | $3.6M | $349K | — | View 990 |
| 2012 | $5.8M | $5.8M | $3.7M | $380K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $9.5M, and assets of $2.1M (revenue +21.9% year-over-year).
- 2022: Revenue of $6.4M, expenses of $7.9M, and assets of $2.1M (revenue +121.1% year-over-year).
- 2021: Revenue of $2.9M, expenses of $3.2M, and assets of $3.2M (revenue -57.3% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.3M, and assets of $3.1M (revenue +3.2% year-over-year).
- 2020: Revenue of $6.6M, expenses of $6.5M, and assets of $3.1M (revenue +4.5% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.7M, and assets of $2.4M (revenue +5.7% year-over-year).
- 2018: Revenue of $6.0M, expenses of $6.1M, and assets of $2.8M (revenue +1.5% year-over-year).
- 2017: Revenue of $5.9M, expenses of $5.8M, and assets of $2.8M (revenue +4.5% year-over-year).
- 2016: Revenue of $5.6M, expenses of $5.7M, and assets of $2.6M (revenue -3.3% year-over-year).
- 2015: Revenue of $5.8M, expenses of $5.8M, and assets of $2.8M (revenue +9.4% year-over-year).
- 2014: Revenue of $5.3M, expenses of $6.2M, and assets of $3.1M (revenue -8.2% year-over-year).
- 2013: Revenue of $5.8M, expenses of $5.9M, and assets of $3.6M (revenue -0.2% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.8M, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bangor Nursing & Rehabilitation Center:
Data Sources and Methodology
This transparency report for Bangor Nursing & Rehabilitation Center 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.