Eastern Maine Healthcare Systems
Eastern Maine Healthcare Systems consistently operates near break-even with no reported officer compensation.
EIN: 10421234 · Waterville, ME · NTEE: E200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.8M |
| Total Expenses | $13.4M |
| Program Spending | 90% |
| Net Assets | $925K |
| Transparency Score | 85/100 |
Is Eastern Maine Healthcare Systems Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Maine Healthcare Systems directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Maine Healthcare Systems
Eastern Maine Healthcare Systems (EIN: 10421234) is a nonprofit organization based in Waterville, ME, classified under NTEE code E200. The organization reported total revenue of $12.8M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Maine Healthcare Systems's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Maine Healthcare Systems is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.0M |
| Total Expenses | $13.4M |
| Surplus / Deficit | +$606K |
| Total Assets | $7.6M |
| Total Liabilities | $6.6M |
| Net Assets | $925K |
| Operating Margin | 4.3% |
| Debt-to-Asset Ratio | 87.8% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2023, Eastern Maine Healthcare Systems reported a surplus of $606K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position), has a debt-to-asset ratio of 87.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Maine Healthcare Systems's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +8.4% | -9.2% |
| 2022 | +21.5% | +15.8% | -1.1% |
| 2021 | -18.5% | -7.7% | -5.7% |
| 2020 | -0.3% | -3.1% | +21.0% |
| 2019 | -9.4% | -9.3% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Eastern Maine Healthcare Systems with a Mission Score of 85 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, Eastern Maine Healthcare Systems 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 surplus of $606K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is categorized differently and not reported as 'officer compensation' on the 990.
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 Eastern Maine Healthcare Systems's IRS 990 filings:
- Unusually low or 0% officer compensation reported, which might indicate compensation is categorized elsewhere or leadership is entirely volunteer, warranting further investigation for clarity on executive management costs.
Strengths
The following positive indicators were identified for Eastern Maine Healthcare Systems:
- Consistent financial stability with revenues generally covering expenses.
- Zero reported officer compensation across all filings, indicating a potential commitment to minimizing executive overhead.
- Regular and consistent IRS 990 filing history, demonstrating transparency and compliance.
- Maintains a positive net asset position, indicating financial solvency.
Frequently Asked Questions about Eastern Maine Healthcare Systems
Is Eastern Maine Healthcare Systems a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Maine Healthcare Systems (EIN: 10421234) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Eastern Maine Healthcare Systems spend its money?
Eastern Maine Healthcare Systems directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Maine Healthcare Systems tax-deductible?
Eastern Maine Healthcare Systems is registered as a tax-exempt nonprofit (EIN: 10421234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Eastern Maine Healthcare Systems compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eastern Maine Healthcare Systems is above average for NTEE category E200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastern Maine Healthcare Systems located?
Eastern Maine Healthcare Systems is headquartered in Waterville, Maine and files with the IRS under EIN 10421234. It is classified under NTEE code E200.
How many years of IRS 990 filings does Eastern Maine Healthcare Systems have?
Eastern Maine Healthcare Systems 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 $12.8M in total revenue.
Is Eastern Maine Healthcare Systems a good charity?
Based on the provided data, Eastern Maine Healthcare Systems appears to be a financially stable organization with a strong commitment to minimizing officer compensation. Its consistent operation near break-even and regular IRS filings suggest responsible financial management. However, a full assessment of 'goodness' would require more detailed spending breakdowns and program impact information.
How does Eastern Maine Healthcare Systems manage its expenses?
The organization consistently manages its expenses to be very close to its revenues. For example, in 202309, expenses were $13,399,845 against revenues of $14,005,629. This indicates a tight operational budget and efficient resource allocation to avoid significant deficits.
What is the trend in assets and liabilities for Eastern Maine Healthcare Systems?
Assets have fluctuated, peaking at $9,981,546 in 201609 and most recently reported at $7,563,888 in 202309. Liabilities have generally followed a similar trend, with the organization maintaining a positive net asset position, indicating financial solvency.
Does Eastern Maine Healthcare Systems have high administrative costs?
Without a detailed functional expense breakdown, it's challenging to definitively state the administrative cost ratio. However, the consistent reporting of 0% officer compensation suggests a very low overhead in executive salaries, which is a positive indicator for administrative efficiency.
Filing History
IRS 990 filing history for Eastern Maine Healthcare Systems showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Maine Healthcare Systems's revenue has grown by 16.4%, moving from $12.0M to $14.0M. Total assets decreased by 24.7% over the same period, from $10.0M to $7.6M. Total functional expenses rose by 15.7%, from $11.6M to $13.4M. In its most recent filing year (2023), Eastern Maine Healthcare Systems reported a surplus of $606K, with revenue exceeding expenses. The organization holds $6.6M in liabilities against $7.6M in assets (debt-to-asset ratio: 87.8%), resulting in net assets of $925K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $13.4M | $7.6M | $6.6M | — | View 990 |
| 2022 | $11.8M | $12.4M | $8.3M | $8.0M | — | View 990 |
| 2021 | $9.7M | $10.7M | $8.4M | $7.6M | — | View 990 |
| 2020 | $11.9M | $11.6M | $8.9M | $7.1M | — | — |
| 2019 | $11.9M | $11.9M | $7.4M | $6.0M | — | View 990 |
| 2018 | $13.1M | $13.2M | $7.6M | $6.2M | — | View 990 |
| 2017 | $13.0M | $13.0M | $7.7M | $6.3M | — | View 990 |
| 2016 | $12.6M | $12.4M | $10.0M | $6.6M | — | View 990 |
| 2015 | $12.3M | $12.2M | $9.7M | $6.5M | — | View 990 |
| 2014 | $11.8M | $11.7M | $9.9M | $6.7M | — | View 990 |
| 2013 | $11.7M | $11.6M | $10.0M | $6.9M | — | View 990 |
| 2012 | $11.9M | $11.5M | $10.2M | $7.2M | — | View 990 |
| 2011 | $12.0M | $11.6M | $10.0M | $7.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $13.4M, and assets of $7.6M (revenue +19.2% year-over-year).
- 2022: Revenue of $11.8M, expenses of $12.4M, and assets of $8.3M (revenue +21.5% year-over-year).
- 2021: Revenue of $9.7M, expenses of $10.7M, and assets of $8.4M (revenue -18.5% year-over-year).
- 2020: Revenue of $11.9M, expenses of $11.6M, and assets of $8.9M (revenue -0.3% year-over-year).
- 2019: Revenue of $11.9M, expenses of $11.9M, and assets of $7.4M (revenue -9.4% year-over-year).
- 2018: Revenue of $13.1M, expenses of $13.2M, and assets of $7.6M (revenue +0.8% year-over-year).
- 2017: Revenue of $13.0M, expenses of $13.0M, and assets of $7.7M (revenue +3.2% year-over-year).
- 2016: Revenue of $12.6M, expenses of $12.4M, and assets of $10.0M (revenue +3.0% year-over-year).
- 2015: Revenue of $12.3M, expenses of $12.2M, and assets of $9.7M (revenue +3.9% year-over-year).
- 2014: Revenue of $11.8M, expenses of $11.7M, and assets of $9.9M (revenue +1.3% year-over-year).
- 2013: Revenue of $11.7M, expenses of $11.6M, and assets of $10.0M (revenue -2.3% year-over-year).
- 2012: Revenue of $11.9M, expenses of $11.5M, and assets of $10.2M (revenue -0.9% year-over-year).
- 2011: Revenue of $12.0M, expenses of $11.6M, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Maine Healthcare Systems:
Data Sources and Methodology
This transparency report for Eastern Maine Healthcare Systems 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.