Calais Methodist Home Inc
Calais Methodist Home Inc. faces recurring operating deficits and increasing liabilities, with assets now exceeded by liabilities.
EIN: 10317698 · Calais, ME · NTEE: L22 · Updated: 2026-03-28
Is Calais Methodist Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Calais Methodist Home Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Calais Methodist Home Inc
Calais Methodist Home Inc (EIN: 10317698) is a nonprofit organization based in Calais, ME, classified under NTEE code L22. The organization reported total revenue of $1.1M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Calais Methodist Home 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 Calais Methodist Home Inc with a Mission Score of 65 out of 100 (Good). 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, Calais Methodist Home Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is a strong positive for transparency and resource allocation.
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 Calais Methodist Home Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) for the past five years.
- Liabilities ($4,947,865 in 2023) now exceed total assets ($4,774,380 in 2023), indicating a negative net asset position.
- Significant increase in liabilities over the past decade, from $1,421,324 in 2015 to $4,947,865 in 2023.
Strengths
The following positive indicators were identified for Calais Methodist Home Inc:
- Consistent reporting of 0% officer compensation, indicating no executive pay.
- Maintains substantial assets, despite liabilities exceeding them in the latest period.
Frequently Asked Questions about Calais Methodist Home Inc
Is Calais Methodist Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Calais Methodist Home Inc (EIN: 10317698) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Calais Methodist Home Inc spend its money?
Calais Methodist Home Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Calais Methodist Home Inc tax-deductible?
Calais Methodist Home Inc is registered as a tax-exempt nonprofit (EIN: 10317698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Calais Methodist Home Inc. financially sustainable given its recurring deficits?
The organization has consistently reported expenses exceeding revenue for the past five years, with a deficit of $131,194 in 2023. This trend raises concerns about long-term financial sustainability.
What is the reason for the significant increase in liabilities, which now exceed assets?
Liabilities have steadily increased from $1,421,324 in 2015 to $4,947,865 in 2023, surpassing assets of $4,774,380. The specific reasons for this substantial increase are not detailed in the provided data but warrant further investigation.
How does the organization plan to address its operating deficits?
The provided data does not include information on the organization's strategies to address its consistent operating deficits, which have been present for several years.
Filing History
IRS 990 filing history for Calais Methodist Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Calais Methodist Home Inc's revenue has grown by 20.4%, moving from $804K to $968K. Total assets increased by 116.7% over the same period, from $2.2M to $4.8M. Total functional expenses rose by 39.6%, from $787K to $1.1M. In its most recent filing year (2023), Calais Methodist Home Inc reported a deficit of $131K, with expenses exceeding revenue. The organization holds $4.9M in liabilities against $4.8M in assets (debt-to-asset ratio: 103.6%), resulting in net assets of $-173,485.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $968K | $1.1M | $4.8M | $4.9M | — | — |
| 2022 | $765K | $1.1M | $4.9M | $4.9M | — | View 990 |
| 2021 | $780K | $983K | $5.1M | $4.8M | — | View 990 |
| 2020 | $784K | $942K | $5.2M | $4.8M | — | View 990 |
| 2019 | $785K | $961K | $5.4M | $4.8M | — | View 990 |
| 2018 | $764K | $817K | $5.5M | $4.7M | — | View 990 |
| 2017 | $864K | $850K | $4.3M | $3.4M | — | View 990 |
| 2016 | $827K | $782K | $2.4M | $1.5M | — | View 990 |
| 2015 | $802K | $762K | $2.4M | $1.4M | — | View 990 |
| 2014 | $908K | $824K | $2.4M | $1.5M | — | View 990 |
| 2013 | $870K | $840K | $2.3M | $1.4M | — | View 990 |
| 2012 | $823K | $807K | $2.2M | $1.4M | — | View 990 |
| 2011 | $804K | $787K | $2.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $968K, expenses of $1.1M, and assets of $4.8M (revenue +26.6% year-over-year).
- 2022: Revenue of $765K, expenses of $1.1M, and assets of $4.9M (revenue -1.9% year-over-year).
- 2021: Revenue of $780K, expenses of $983K, and assets of $5.1M (revenue -0.5% year-over-year).
- 2020: Revenue of $784K, expenses of $942K, and assets of $5.2M (revenue +-0.0% year-over-year).
- 2019: Revenue of $785K, expenses of $961K, and assets of $5.4M (revenue +2.7% year-over-year).
- 2018: Revenue of $764K, expenses of $817K, and assets of $5.5M (revenue -11.6% year-over-year).
- 2017: Revenue of $864K, expenses of $850K, and assets of $4.3M (revenue +4.5% year-over-year).
- 2016: Revenue of $827K, expenses of $782K, and assets of $2.4M (revenue +3.2% year-over-year).
- 2015: Revenue of $802K, expenses of $762K, and assets of $2.4M (revenue -11.7% year-over-year).
- 2014: Revenue of $908K, expenses of $824K, and assets of $2.4M (revenue +4.4% year-over-year).
- 2013: Revenue of $870K, expenses of $840K, and assets of $2.3M (revenue +5.7% year-over-year).
- 2012: Revenue of $823K, expenses of $807K, and assets of $2.2M (revenue +2.4% year-over-year).
- 2011: Revenue of $804K, expenses of $787K, and assets of $2.2M.
Data Sources and Methodology
This transparency report for Calais Methodist Home 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.