Boothbay Region District Nursing Assoc Inc

Boothbay Region District Nursing Assoc Inc maintains stable finances with zero liabilities and no executive compensation.

EIN: 10219487 · Boothbay, ME · NTEE: E92 · Updated: 2026-03-28

$164KRevenue

$187KAssets

95/100Mission Score (Excellent)

E92

About Boothbay Region District Nursing Assoc Inc

Boothbay Region District Nursing Assoc Inc (EIN: 10219487) is a nonprofit organization based in Boothbay, ME, classified under NTEE code E92. The organization reported total revenue of $164K and total assets of $187K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boothbay Region District Nursing Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Boothbay Region District Nursing Assoc Inc demonstrates consistent financial stability, operating with a healthy asset base relative to its annual revenue. For instance, in the latest period (202406), assets stood at $155,582 against revenues of $136,438. The organization consistently reports zero liabilities, indicating a strong balance sheet and prudent financial management. Their spending efficiency appears robust, with expenses generally aligning with or slightly below revenue, as seen in 202406 where expenses were $120,737 against $136,438 in revenue. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership, which significantly reduces administrative overhead and maximizes funds available for programs.

The organization's transparency is high, evidenced by its consistent filing of IRS Form 990s and the clear reporting of financial data. The lack of executive compensation is a notable positive indicator of a mission-first approach. While specific program spending details are not provided in the summary data, the overall financial health and operational model suggest a strong commitment to its mission, likely directing a substantial portion of its budget directly to nursing services in the Boothbay region. The organization's revenue has fluctuated over the years, from a high of $187,314 in 201506 to a low of $77,461 in 201606, but it has maintained a positive net asset position throughout.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Boothbay Region District Nursing Assoc Inc with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Boothbay Region District Nursing Assoc Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly commendable for a nonprofit of its size with revenues ranging from approximately $77,000 to $187,000.

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.

Strengths

The following positive indicators were identified for Boothbay Region District Nursing Assoc Inc:

Consistent zero liabilities across all filing periods.
No officer compensation reported, indicating volunteer leadership and high efficiency.
Healthy asset base relative to annual revenue, demonstrating financial stability.
Consistent IRS 990 filings, indicating strong transparency.
Expenses generally well-managed relative to revenue, maintaining positive net assets.

Frequently Asked Questions about Boothbay Region District Nursing Assoc Inc

Is Boothbay Region District Nursing Assoc Inc a good charity?

Based on the provided financial data, Boothbay Region District Nursing Assoc Inc appears to be a very good charity. It consistently operates with zero liabilities, maintains a healthy asset base, and reports no officer compensation, suggesting a highly efficient and mission-focused operation.

How does the organization manage its finances given fluctuating revenues?

Despite revenue fluctuations (e.g., $187,314 in 201506 vs. $77,461 in 201606), the organization consistently manages its expenses to maintain a positive net asset position and zero liabilities, indicating strong financial stewardship and adaptability.

What is the impact of having 0% officer compensation?

Having 0% officer compensation means that all funds that would typically go towards executive salaries are instead available for program services or operational needs, significantly increasing the organization's efficiency and direct impact.

Filing History

IRS 990 filing history for Boothbay Region District Nursing Assoc Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Boothbay Region District Nursing Assoc Inc's revenue has grown by 32.7%, moving from $103K to $136K. Total assets increased by 21.7% over the same period, from $128K to $156K. Total functional expenses rose by 50.6%, from $80K to $121K. In its most recent filing year (2024), Boothbay Region District Nursing Assoc Inc reported a surplus of $16K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$136K	$121K	$156K	$0	—	—
2023	$100K	$108K	$140K	$0	—	View 990
2022	$163K	$100K	$148K	$0	—	View 990
2021	$119K	$107K	$85K	$0	—	View 990
2020	$97K	$99K	$72K	$0	—	View 990
2019	$79K	$104K	$74K	$0	—	View 990
2018	$98K	$93K	$100K	$0	—	View 990
2017	$79K	$79K	$95K	$0	—	View 990
2016	$77K	$105K	$94K	$0	—	View 990
2015	$187K	$85K	$224K	$0	—	View 990
2014	$84K	$87K	$122K	$0	—	View 990
2013	$88K	$91K	$125K	$0	—	—
2012	$103K	$80K	$128K	$0	—	—

Year-by-Year Financial Summary

2024: Revenue of $136K, expenses of $121K, and assets of $156K (revenue +37.0% year-over-year).
2023: Revenue of $100K, expenses of $108K, and assets of $140K (revenue -39.0% year-over-year).
2022: Revenue of $163K, expenses of $100K, and assets of $148K (revenue +36.9% year-over-year).
2021: Revenue of $119K, expenses of $107K, and assets of $85K (revenue +22.9% year-over-year).
2020: Revenue of $97K, expenses of $99K, and assets of $72K (revenue +22.7% year-over-year).
2019: Revenue of $79K, expenses of $104K, and assets of $74K (revenue -19.2% year-over-year).
2018: Revenue of $98K, expenses of $93K, and assets of $100K (revenue +23.3% year-over-year).
2017: Revenue of $79K, expenses of $79K, and assets of $95K (revenue +2.5% year-over-year).
2016: Revenue of $77K, expenses of $105K, and assets of $94K (revenue -58.6% year-over-year).
2015: Revenue of $187K, expenses of $85K, and assets of $224K (revenue +122.8% year-over-year).
2014: Revenue of $84K, expenses of $87K, and assets of $122K (revenue -4.6% year-over-year).
2013: Revenue of $88K, expenses of $91K, and assets of $125K (revenue -14.3% year-over-year).
2012: Revenue of $103K, expenses of $80K, and assets of $128K.

Data Sources and Methodology

This transparency report for Boothbay Region District Nursing Assoc 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.