Coastal Family Hospice
Coastal Family Hospice faces recent operating deficits despite zero executive compensation and declining assets.
EIN: 10369732 · Rockland, ME · NTEE: P74 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $135K |
| Program Spending | 80% |
| Net Assets | $416K |
| Transparency Score | 75/100 |
Is Coastal Family Hospice Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coastal Family Hospice directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coastal Family Hospice
Coastal Family Hospice (EIN: 10369732) is a nonprofit organization based in Rockland, ME, classified under NTEE code P74. The organization reported total revenue of $103K and total assets of $379K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coastal Family Hospice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coastal Family Hospice is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $135K |
| Surplus / Deficit | $-42,362 |
| Total Assets | $418K |
| Total Liabilities | $2K |
| Net Assets | $416K |
| Operating Margin | -45.6% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 37.1 months |
Financial Health Grade: B
In 2023, Coastal Family Hospice reported a deficit of $42K with expenses exceeding revenue, holds 37.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Coastal Family Hospice's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | +20.9% | -9.2% |
| 2022 | +8.0% | +7.9% | -3.1% |
| 2021 | -71.1% | -4.0% | -2.8% |
| 2020 | +31.7% | +31.0% | +72.2% |
| 2019 | +217.1% | +12.6% | +118.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Coastal Family Hospice with a Mission Score of 75 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, Coastal Family Hospice 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Coastal Family Hospice consistently reports 0% officer compensation across all 13 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a small organization of its size.
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 Coastal Family Hospice's IRS 990 filings:
- Consistent operating deficits in recent years (2021-2023)
- Declining asset base from 2020 peak ($488,739) to 2023 ($418,254)
- Significant year-over-year revenue volatility, making future income less predictable
Strengths
The following positive indicators were identified for Coastal Family Hospice:
- Zero executive compensation reported across all filings, indicating high efficiency in this area.
- Low liabilities consistently maintained, suggesting responsible debt management.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Coastal Family Hospice
Is Coastal Family Hospice a legitimate charity?
Coastal Family Hospice (EIN: 10369732) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $103K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Coastal Family Hospice spend its money?
Coastal Family Hospice directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Coastal Family Hospice tax-deductible?
Coastal Family Hospice is registered as a tax-exempt nonprofit (EIN: 10369732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coastal Family Hospice's spending goes to programs?
Coastal Family Hospice directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Coastal Family Hospice compare to similar nonprofits?
With a transparency score of 75/100 (Good), Coastal Family Hospice is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Coastal Family Hospice located?
Coastal Family Hospice is headquartered in Rockland, Maine and files with the IRS under EIN 10369732. It is classified under NTEE code P74.
How many years of IRS 990 filings does Coastal Family Hospice have?
Coastal Family Hospice has 13 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 $103K in total revenue.
Is Coastal Family Hospice financially sustainable given recent operating deficits?
The organization has experienced operating deficits in the last three reported periods (2023, 2022, 2021), with expenses exceeding revenue. This trend, coupled with declining assets from $488,739 in 2020 to $418,254 in 2023, raises concerns about long-term financial sustainability if not addressed.
How does Coastal Family Hospice cover its operating deficits?
Given the consistent operating deficits in recent years, the organization appears to be covering its expenses by drawing down on its accumulated assets or prior year surpluses. For example, in 2023, the $42,362 deficit ($135,329 expenses - $92,967 revenue) likely came from its asset base.
What caused the significant revenue fluctuations, such as the spike in 2020?
The revenue spike to $312,190 in 2020, compared to typical revenues around $90,000-$100,000 in other years, suggests the organization may have received a significant one-time grant or large donation. Understanding the source of such fluctuations is key to assessing funding stability.
Filing History
IRS 990 filing history for Coastal Family Hospice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coastal Family Hospice's revenue has grown by 42.4%, moving from $65K to $93K. Total assets increased by 300.4% over the same period, from $104K to $418K. Total functional expenses rose by 183.6%, from $48K to $135K. In its most recent filing year (2023), Coastal Family Hospice reported a deficit of $42K, with expenses exceeding revenue. The organization holds $2K in liabilities against $418K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $135K | $418K | $2K | — | View 990 |
| 2022 | $97K | $112K | $460K | $2K | — | View 990 |
| 2021 | $90K | $104K | $475K | $2K | — | View 990 |
| 2020 | $312K | $108K | $489K | $2K | — | View 990 |
| 2019 | $237K | $83K | $284K | $1K | — | View 990 |
| 2018 | $75K | $73K | $130K | $905 | — | View 990 |
| 2017 | $67K | $62K | $128K | $960 | — | View 990 |
| 2016 | $66K | $56K | $123K | $808 | — | View 990 |
| 2015 | $52K | $55K | $113K | $502 | — | View 990 |
| 2014 | $57K | $58K | $115K | $812 | — | View 990 |
| 2013 | $54K | $51K | $116K | $826 | — | View 990 |
| 2012 | $57K | $49K | $113K | $561 | — | View 990 |
| 2011 | $65K | $48K | $104K | $487 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $135K, and assets of $418K (revenue -4.5% year-over-year).
- 2022: Revenue of $97K, expenses of $112K, and assets of $460K (revenue +8.0% year-over-year).
- 2021: Revenue of $90K, expenses of $104K, and assets of $475K (revenue -71.1% year-over-year).
- 2020: Revenue of $312K, expenses of $108K, and assets of $489K (revenue +31.7% year-over-year).
- 2019: Revenue of $237K, expenses of $83K, and assets of $284K (revenue +217.1% year-over-year).
- 2018: Revenue of $75K, expenses of $73K, and assets of $130K (revenue +11.1% year-over-year).
- 2017: Revenue of $67K, expenses of $62K, and assets of $128K (revenue +2.1% year-over-year).
- 2016: Revenue of $66K, expenses of $56K, and assets of $123K (revenue +26.0% year-over-year).
- 2015: Revenue of $52K, expenses of $55K, and assets of $113K (revenue -8.9% year-over-year).
- 2014: Revenue of $57K, expenses of $58K, and assets of $115K (revenue +5.8% year-over-year).
- 2013: Revenue of $54K, expenses of $51K, and assets of $116K (revenue -5.4% year-over-year).
- 2012: Revenue of $57K, expenses of $49K, and assets of $113K (revenue -12.2% year-over-year).
- 2011: Revenue of $65K, expenses of $48K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coastal Family Hospice:
Data Sources and Methodology
This transparency report for Coastal Family Hospice 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.