Bingham Area Health Council Inc
EIN: 510187548 · Bingham, ME
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $63K |
| Net Assets | $642K |
Is Bingham Area Health Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bingham Area Health Council Inc
Bingham Area Health Council Inc (EIN: 510187548) is a nonprofit organization based in Bingham, ME. The organization reported total revenue of $86K and total assets of $658K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bingham Area Health Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bingham Area Health Council Inc is a micro nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $63K |
| Surplus / Deficit | +$9K |
| Total Assets | $642K |
| Net Assets | $642K |
| Operating Margin | 12.9% |
| Months of Reserves | 122.6 months |
Financial Health Grade: A
In 2023, Bingham Area Health Council Inc reported a surplus of $9K with revenue exceeding expenses, holds 122.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Bingham Area Health Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.5% | -1.6% | +1.5% |
| 2022 | +55.9% | -0.9% | +6.0% |
| 2021 | -15.7% | +17.4% | -0.1% |
| 2020 | +68.7% | -17.3% | +3.6% |
| 2019 | +1.4% | +5.2% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bingham Area Health Council Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bingham Area Health Council Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Frequently Asked Questions about Bingham Area Health Council Inc
Is Bingham Area Health Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bingham Area Health Council Inc (EIN: 510187548) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bingham Area Health Council Inc spend its money?
Detailed spending breakdown data is not yet available for Bingham Area Health Council Inc. Check back for updated IRS 990 analysis.
Are donations to Bingham Area Health Council Inc tax-deductible?
Bingham Area Health Council Inc is registered as a tax-exempt nonprofit (EIN: 510187548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bingham Area Health Council Inc located?
Bingham Area Health Council Inc is headquartered in Bingham, Maine and files with the IRS under EIN 510187548.
How many years of IRS 990 filings does Bingham Area Health Council Inc have?
Bingham Area Health Council Inc has 12 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 $86K in total revenue.
Filing History
IRS 990 filing history for Bingham Area Health Council Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Bingham Area Health Council Inc's revenue has declined by 18.7%, moving from $89K to $72K. Total assets decreased by 18.9% over the same period, from $791K to $642K. Total functional expenses rose by 23.9%, from $51K to $63K. In its most recent filing year (2023), Bingham Area Health Council Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $63K | $642K | $0 | — | — |
| 2022 | $99K | $64K | $632K | $0 | — | — |
| 2021 | $64K | $64K | $597K | $0 | — | — |
| 2020 | $76K | $55K | $597K | $0 | — | View 990 |
| 2019 | $45K | $66K | $576K | $0 | — | View 990 |
| 2018 | $44K | $63K | $598K | $0 | — | View 990 |
| 2016 | $43K | $71K | $652K | $0 | — | View 990 |
| 2015 | $30K | $69K | $680K | $0 | — | View 990 |
| 2014 | $30K | $80K | $730K | $11K | — | View 990 |
| 2013 | $68K | $98K | $795K | $26K | — | View 990 |
| 2012 | $154K | $97K | $841K | $42K | — | View 990 |
| 2011 | $89K | $51K | $791K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $63K, and assets of $642K (revenue -27.5% year-over-year).
- 2022: Revenue of $99K, expenses of $64K, and assets of $632K (revenue +55.9% year-over-year).
- 2021: Revenue of $64K, expenses of $64K, and assets of $597K (revenue -15.7% year-over-year).
- 2020: Revenue of $76K, expenses of $55K, and assets of $597K (revenue +68.7% year-over-year).
- 2019: Revenue of $45K, expenses of $66K, and assets of $576K (revenue +1.4% year-over-year).
- 2018: Revenue of $44K, expenses of $63K, and assets of $598K (revenue +2.8% year-over-year).
- 2016: Revenue of $43K, expenses of $71K, and assets of $652K (revenue +43.7% year-over-year).
- 2015: Revenue of $30K, expenses of $69K, and assets of $680K (revenue -1.6% year-over-year).
- 2014: Revenue of $30K, expenses of $80K, and assets of $730K (revenue -55.1% year-over-year).
- 2013: Revenue of $68K, expenses of $98K, and assets of $795K (revenue -56.0% year-over-year).
- 2012: Revenue of $154K, expenses of $97K, and assets of $841K (revenue +73.9% year-over-year).
- 2011: Revenue of $89K, expenses of $51K, and assets of $791K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bingham Area Health Council Inc:
Data Sources and Methodology
This transparency report for Bingham Area Health Council 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.