Cape Elizabeth Home
Cape Elizabeth Home maintains stable assets and zero executive compensation despite fluctuating revenues.
EIN: 10238086 · S Portland, ME · NTEE: P81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $90K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Cape Elizabeth Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cape Elizabeth Home directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cape Elizabeth Home
Cape Elizabeth Home (EIN: 10238086) is a nonprofit organization based in S Portland, ME, classified under NTEE code P81. The organization reported total revenue of $293K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cape Elizabeth Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cape Elizabeth Home is a small nonprofit that has been operating for 66 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -12.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $90K |
| Surplus / Deficit | $-30,298 |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | -50.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 220.0 months |
Financial Health Grade: B
In 2023, Cape Elizabeth Home reported a deficit of $30K with expenses exceeding revenue, holds 220.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Cape Elizabeth Home's revenue has declined at a compound annual growth rate (CAGR) of -12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | +3.8% | +8.0% |
| 2022 | -52.0% | +19.7% | -19.6% |
| 2021 | +24.8% | -29.5% | +4.2% |
| 2021 | -87.8% | -3.2% | +23.4% |
| 2020 | +255.6% | -61.2% | +27.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
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 Cape Elizabeth Home 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: 90%
- fundraising: 0%
According to IRS 990 filings, Cape Elizabeth Home 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly unusual for an organization with assets exceeding $1.5 million and suggests a volunteer-led or very lean operational structure.
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 Cape Elizabeth Home's IRS 990 filings:
- Significant revenue volatility without clear explanation in public filings
- Lack of detailed expense breakdown beyond officer compensation to fully assess program vs. admin spending
Strengths
The following positive indicators were identified for Cape Elizabeth Home:
- Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission
- Very low liabilities ($1 reported in recent years), demonstrating strong financial stability and minimal debt
- Stable asset base (over $1.5 million) providing long-term financial security
- Consistent IRS 990 filing history, indicating good transparency and compliance
- NTEE code P81 clearly aligns with a critical social need (Housing for the Elderly, Disabled, or Poor)
Frequently Asked Questions about Cape Elizabeth Home
Is Cape Elizabeth Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Cape Elizabeth Home (EIN: 10238086) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Cape Elizabeth Home spend its money?
Cape Elizabeth Home directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cape Elizabeth Home tax-deductible?
Cape Elizabeth Home is registered as a tax-exempt nonprofit (EIN: 10238086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cape Elizabeth Home CEO make?
Cape Elizabeth Home's highest-compensated officer earns $1.5 annually. The organization reported $293K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Cape Elizabeth Home compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cape Elizabeth Home is above average for NTEE category P81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cape Elizabeth Home located?
Cape Elizabeth Home is headquartered in S Portland, Maine and files with the IRS under EIN 10238086. It is classified under NTEE code P81.
How many years of IRS 990 filings does Cape Elizabeth Home have?
Cape Elizabeth Home has 10 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 $293K in total revenue.
How does Cape Elizabeth Home manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level, or that executive services are provided pro bono, or compensated through other means not classified as officer compensation on the 990 form. This is a significant operational model that warrants further inquiry into its sustainability and funding of leadership roles.
What caused the significant revenue spike in 2020 ($860,672) and subsequent decline?
The dramatic increase in revenue in 2020, followed by a return to lower levels, suggests a one-time event such as a large grant, a major donation, or a specific fundraising campaign. Understanding the nature of this revenue and how it was utilized would provide insight into the organization's strategic financial planning and capacity for large-scale projects.
What are the primary program activities funded by Cape Elizabeth Home?
Given its NTEE code P81 (Housing for the Elderly, Disabled, or Poor), the organization likely focuses on providing housing or related support services. A detailed breakdown of program expenses would clarify the specific services offered and the impact of its spending.
How does the organization manage its expenses given the fluctuating revenue?
Despite significant revenue fluctuations, particularly the drop from 2020 to 2023, the organization's expenses have remained relatively stable, generally ranging from $70,000 to $100,000 in recent years. This indicates effective expense management and a lean operational structure, allowing it to maintain services even during periods of lower income.
Filing History
IRS 990 filing history for Cape Elizabeth Home showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Cape Elizabeth Home's revenue has declined by 75.9%, moving from $248K to $60K. Total assets decreased by 16% over the same period, from $2.0M to $1.7M. Total functional expenses fell by 66.1%, from $266K to $90K. In its most recent filing year (2023), Cape Elizabeth Home reported a deficit of $30K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $90K | $1.7M | $1 | — | — |
| 2022 | $63K | $87K | $1.5M | $1 | — | View 990 |
| 2021 | $132K | $73K | $1.9M | $1 | — | View 990 |
| 2021 | $105K | $103K | $1.8M | $1 | — | — |
| 2020 | $861K | $106K | $1.5M | $1 | — | View 990 |
| 2016 | $242K | $274K | $1.2M | $22K | — | View 990 |
| 2015 | $-243,951 | $281K | $1.3M | $17K | — | View 990 |
| 2014 | $247K | $286K | $1.9M | $21K | — | View 990 |
| 2013 | $272K | $280K | $2.0M | $29K | — | View 990 |
| 2012 | $248K | $266K | $2.0M | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $90K, and assets of $1.7M (revenue -5.4% year-over-year).
- 2022: Revenue of $63K, expenses of $87K, and assets of $1.5M (revenue -52.0% year-over-year).
- 2021: Revenue of $132K, expenses of $73K, and assets of $1.9M (revenue +24.8% year-over-year).
- 2021: Revenue of $105K, expenses of $103K, and assets of $1.8M (revenue -87.8% year-over-year).
- 2020: Revenue of $861K, expenses of $106K, and assets of $1.5M (revenue +255.6% year-over-year).
- 2016: Revenue of $242K, expenses of $274K, and assets of $1.2M.
- 2015: Revenue of $-243,951, expenses of $281K, and assets of $1.3M (revenue -198.6% year-over-year).
- 2014: Revenue of $247K, expenses of $286K, and assets of $1.9M (revenue -9.0% year-over-year).
- 2013: Revenue of $272K, expenses of $280K, and assets of $2.0M (revenue +9.6% year-over-year).
- 2012: Revenue of $248K, expenses of $266K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cape Elizabeth Home:
Data Sources and Methodology
This transparency report for Cape Elizabeth Home 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.