Coastal Medical Care
Coastal Medical Care consistently operated at a deficit for years, with a recent drastic decline in revenue and zero reported assets.
EIN: 10487091 · Belfast, ME · NTEE: E39Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $501K |
| Program Spending | 70% |
| Net Assets | $305K |
| Transparency Score | 30/100 |
Is Coastal Medical Care Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coastal Medical Care directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Coastal Medical Care
Coastal Medical Care (EIN: 10487091) is a nonprofit organization based in Belfast, ME, classified under NTEE code E39Z. The organization reported total revenue of $68K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coastal Medical Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coastal Medical Care is a micro nonprofit that has been operating for 32 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $371K |
| Total Expenses | $501K |
| Surplus / Deficit | $-130,068 |
| Total Assets | $445K |
| Total Liabilities | $140K |
| Net Assets | $305K |
| Operating Margin | -35.1% |
| Debt-to-Asset Ratio | 31.5% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2017, Coastal Medical Care reported a deficit of $130K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 31.5% (moderate leverage).
Financial Trends
Over 7 years of filings (2011–2017), Coastal Medical Care's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +6.7% | +3.5% | +16.5% |
| 2016 | -27.9% | -37.4% | -13.3% |
| 2015 | +39.0% | +42.5% | -51.6% |
| 2014 | +53.0% | +36.5% | +22.0% |
| 2013 | -16.7% | +0.3% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Medical Care with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Coastal Medical Care allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $130K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating good transparency and a commitment to directing funds elsewhere, especially given the organization's financial struggles.
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 Medical Care's IRS 990 filings:
- Consistent operating deficits across all reported years (e.g., $130,068 deficit in 2017, $136,330 in 2016).
- Drastic decline in revenue from hundreds of thousands to $67,858 in the latest period.
- Zero reported assets in the latest filing, a significant drop from previous years (e.g., $445,168 in 2017).
- Potential long-term financial unsustainability due to persistent negative net income.
Strengths
The following positive indicators were identified for Coastal Medical Care:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive enrichment.
- Long filing history (7 filings) suggests a commitment to transparency, despite financial challenges.
Frequently Asked Questions about Coastal Medical Care
Is Coastal Medical Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Coastal Medical Care (EIN: 10487091) significant concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
How does Coastal Medical Care spend its money?
Coastal Medical Care directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Coastal Medical Care tax-deductible?
Coastal Medical Care is registered as a tax-exempt nonprofit (EIN: 10487091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coastal Medical Care's spending goes to programs?
Coastal Medical Care directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Coastal Medical Care compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Coastal Medical Care is below average for NTEE category E39Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Coastal Medical Care located?
Coastal Medical Care is headquartered in Belfast, Maine and files with the IRS under EIN 10487091. It is classified under NTEE code E39Z.
How many years of IRS 990 filings does Coastal Medical Care have?
Coastal Medical Care has 7 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 $68K in total revenue.
How has Coastal Medical Care sustained operations for years despite consistent and significant operating deficits, such as the $130,068 deficit in 2017?
The consistent deficits suggest reliance on prior year reserves, debt, or unreported funding sources. The latest filing with $0 assets makes this question even more critical.
What caused the drastic decline in revenue from $370,868 in 2017 to $67,858 in the latest period, and the disappearance of all assets?
This significant drop indicates a major operational change, scaling down of services, or potential financial distress that needs further explanation.
Given the historical financial instability, what is the current operational status and future viability of Coastal Medical Care?
The latest financial data (low revenue, zero assets) suggests the organization may be struggling to maintain its mission or has significantly reduced its activities.
Filing History
IRS 990 filing history for Coastal Medical Care showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Coastal Medical Care's revenue has grown by 43.4%, moving from $259K to $371K. Total assets decreased by 13.2% over the same period, from $513K to $445K. Total functional expenses rose by 24.8%, from $401K to $501K. In its most recent filing year (2017), Coastal Medical Care reported a deficit of $130K, with expenses exceeding revenue. The organization holds $140K in liabilities against $445K in assets (debt-to-asset ratio: 31.5%), resulting in net assets of $305K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $371K | $501K | $445K | $140K | — | View 990 |
| 2016 | $347K | $484K | $382K | $47K | — | View 990 |
| 2015 | $482K | $772K | $440K | $51K | — | View 990 |
| 2014 | $347K | $542K | $909K | $282K | — | View 990 |
| 2013 | $227K | $397K | $746K | $110K | — | View 990 |
| 2012 | $272K | $396K | $468K | $55K | — | View 990 |
| 2011 | $259K | $401K | $513K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $371K, expenses of $501K, and assets of $445K (revenue +6.7% year-over-year).
- 2016: Revenue of $347K, expenses of $484K, and assets of $382K (revenue -27.9% year-over-year).
- 2015: Revenue of $482K, expenses of $772K, and assets of $440K (revenue +39.0% year-over-year).
- 2014: Revenue of $347K, expenses of $542K, and assets of $909K (revenue +53.0% year-over-year).
- 2013: Revenue of $227K, expenses of $397K, and assets of $746K (revenue -16.7% year-over-year).
- 2012: Revenue of $272K, expenses of $396K, and assets of $468K (revenue +5.2% year-over-year).
- 2011: Revenue of $259K, expenses of $401K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coastal Medical Care:
Data Sources and Methodology
This transparency report for Coastal Medical Care 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.