Belgrade Regional Health Center Inc
Belgrade Regional Health Center Inc consistently grows assets with zero liabilities and no reported officer compensation.
EIN: 10351795 · Belgrade Lks, ME · NTEE: E32Z · Updated: 2026-03-28
Is Belgrade Regional Health Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Belgrade Regional Health Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Belgrade Regional Health Center Inc
Belgrade Regional Health Center Inc (EIN: 10351795) is a nonprofit organization based in Belgrade Lks, ME, classified under NTEE code E32Z. The organization reported total revenue of $384K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belgrade Regional Health Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Belgrade Regional Health Center Inc with a Mission Score of 90 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, Belgrade Regional Health Center 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base. This suggests either a fully volunteer leadership structure or that compensation is categorized differently, which could be a positive for donor perception regarding administrative costs.
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 Belgrade Regional Health Center Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
- Unusually consistent 0% officer compensation, which might warrant further inquiry into how leadership is compensated or structured
Strengths
The following positive indicators were identified for Belgrade Regional Health Center Inc:
- Consistent asset growth, from $1,414,412 in 2015 to $2,295,941 in 2024
- Zero reported liabilities across all filing periods, indicating strong financial health
- Expenses consistently well below revenue, allowing for asset accumulation
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership
- Consistent filing of IRS Form 990s, demonstrating transparency
Frequently Asked Questions about Belgrade Regional Health Center Inc
Is Belgrade Regional Health Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Belgrade Regional Health Center Inc (EIN: 10351795) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Belgrade Regional Health Center Inc spend its money?
Belgrade Regional Health Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Belgrade Regional Health Center Inc tax-deductible?
Belgrade Regional Health Center Inc is registered as a tax-exempt nonprofit (EIN: 10351795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Belgrade Regional Health Center Inc a good charity?
Based on the available financial data, Belgrade Regional Health Center Inc appears to be a financially sound organization with consistent asset growth, zero reported liabilities, and no reported officer compensation. These factors suggest strong financial management and a focus on mission, making it appear to be a good charity from a financial perspective.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time, with assets growing from $1,414,412 in 2015 to $2,295,941 in 2024. Revenue has also shown an upward trend, and expenses have consistently been managed well below revenue, contributing to this asset growth.
What is the organization's liability situation?
Belgrade Regional Health Center Inc consistently reports $0 in liabilities across all available filings, indicating an extremely strong financial position with no outstanding debts or obligations.
Filing History
IRS 990 filing history for Belgrade Regional Health Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Belgrade Regional Health Center Inc's revenue has grown by 31.6%, moving from $101K to $133K. Total assets increased by 95.2% over the same period, from $1.2M to $2.3M. Total functional expenses rose by 121.6%, from $42K to $93K. In its most recent filing year (2024), Belgrade Regional Health Center Inc reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $133K | $93K | $2.3M | $0 | — | — |
| 2023 | $219K | $82K | $2.1M | $0 | — | View 990 |
| 2022 | $196K | $76K | $1.9M | $0 | — | View 990 |
| 2021 | $103K | $73K | $2.1M | $0 | — | View 990 |
| 2020 | $91K | $75K | $1.8M | $0 | — | View 990 |
| 2019 | $145K | $86K | $1.7M | $0 | — | View 990 |
| 2018 | $150K | $65K | $1.6M | $0 | — | View 990 |
| 2017 | $102K | $64K | $1.5M | $0 | — | View 990 |
| 2016 | $112K | $70K | $1.5M | $0 | — | View 990 |
| 2015 | $136K | $67K | $1.4M | $0 | — | View 990 |
| 2014 | $117K | $88K | $1.4M | $0 | — | View 990 |
| 2013 | $94K | $53K | $1.3M | $0 | — | View 990 |
| 2012 | $88K | $55K | $1.2M | $0 | — | View 990 |
| 2011 | $101K | $42K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $133K, expenses of $93K, and assets of $2.3M (revenue -39.2% year-over-year).
- 2023: Revenue of $219K, expenses of $82K, and assets of $2.1M (revenue +11.8% year-over-year).
- 2022: Revenue of $196K, expenses of $76K, and assets of $1.9M (revenue +91.5% year-over-year).
- 2021: Revenue of $103K, expenses of $73K, and assets of $2.1M (revenue +13.3% year-over-year).
- 2020: Revenue of $91K, expenses of $75K, and assets of $1.8M (revenue -37.6% year-over-year).
- 2019: Revenue of $145K, expenses of $86K, and assets of $1.7M (revenue -3.3% year-over-year).
- 2018: Revenue of $150K, expenses of $65K, and assets of $1.6M (revenue +47.1% year-over-year).
- 2017: Revenue of $102K, expenses of $64K, and assets of $1.5M (revenue -9.2% year-over-year).
- 2016: Revenue of $112K, expenses of $70K, and assets of $1.5M (revenue -17.3% year-over-year).
- 2015: Revenue of $136K, expenses of $67K, and assets of $1.4M (revenue +15.7% year-over-year).
- 2014: Revenue of $117K, expenses of $88K, and assets of $1.4M (revenue +24.3% year-over-year).
- 2013: Revenue of $94K, expenses of $53K, and assets of $1.3M (revenue +6.9% year-over-year).
- 2012: Revenue of $88K, expenses of $55K, and assets of $1.2M (revenue -13.0% year-over-year).
- 2011: Revenue of $101K, expenses of $42K, and assets of $1.2M.
Data Sources and Methodology
This transparency report for Belgrade Regional Health Center 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.