Eldercare Network Of Lincoln County
Eldercare Network Of Lincoln County consistently operates with no reported officer compensation, experiencing fluctuating annual surpluses and deficits.
EIN: 10504725 · Damariscotta, ME · NTEE: P75Z · Updated: 2026-03-28
Is Eldercare Network Of Lincoln County Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eldercare Network Of Lincoln County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eldercare Network Of Lincoln County
Eldercare Network Of Lincoln County (EIN: 10504725) is a nonprofit organization based in Damariscotta, ME, classified under NTEE code P75Z. The organization reported total revenue of $2.6M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eldercare Network Of Lincoln County'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 Eldercare Network Of Lincoln County 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: 85%
- fundraising: 5%
According to IRS 990 filings, Eldercare Network Of Lincoln County allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size with annual revenues exceeding $2 million.
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 Eldercare Network Of Lincoln County's IRS 990 filings:
- Inconsistent annual financial performance with recurring deficits (e.g., 2022, 2020, 2019) could indicate reliance on reserves or future funding.
Strengths
The following positive indicators were identified for Eldercare Network Of Lincoln County:
- Zero reported officer compensation across all filings, demonstrating exceptional commitment to mission-focused spending.
- Consistent filing of IRS Form 990s over 12 periods, indicating strong transparency and accountability.
- Robust asset base, consistently above $2.7 million, providing financial resilience.
Frequently Asked Questions about Eldercare Network Of Lincoln County
Is Eldercare Network Of Lincoln County a legitimate charity?
Based on AI analysis of IRS 990 filings, Eldercare Network Of Lincoln County (EIN: 10504725) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does Eldercare Network Of Lincoln County spend its money?
Eldercare Network Of Lincoln County directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eldercare Network Of Lincoln County tax-deductible?
Eldercare Network Of Lincoln County is registered as a tax-exempt nonprofit (EIN: 10504725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Eldercare Network Of Lincoln County financially stable?
The organization shows a fluctuating financial performance with periods of both surpluses and deficits. For example, in 2022, expenses ($2,594,619) exceeded revenue ($1,989,936), while in 2021, revenue ($3,079,365) exceeded expenses ($2,573,964). However, consistent asset levels above $2.7 million suggest underlying stability.
How does Eldercare Network Of Lincoln County manage executive compensation?
Eldercare Network Of Lincoln County reports 0% officer compensation across all 12 available IRS 990 filings, indicating that no salaries are paid to its officers.
What is the trend in the organization's assets?
The organization's assets have generally been strong, ranging from a high of $4,100,103 in 2017 to $2,711,591 in 2022, showing some fluctuation but maintaining a substantial base.
Filing History
IRS 990 filing history for Eldercare Network Of Lincoln County showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Eldercare Network Of Lincoln County's revenue has grown by 4.1%, moving from $1.9M to $2.0M. Total assets decreased by 21.7% over the same period, from $3.5M to $2.7M. Total functional expenses rose by 29.1%, from $2.0M to $2.6M. In its most recent filing year (2022), Eldercare Network Of Lincoln County reported a deficit of $605K, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $2.7M in assets (debt-to-asset ratio: 80.3%), resulting in net assets of $534K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $2.0M | $2.6M | $2.7M | $2.2M | — | View 990 |
| 2021 | $3.1M | $2.6M | $3.4M | $2.3M | — | View 990 |
| 2020 | $2.3M | $2.6M | $3.4M | $2.7M | — | View 990 |
| 2019 | $2.4M | $2.7M | $3.6M | $2.6M | — | View 990 |
| 2018 | $2.5M | $2.5M | $4.0M | $2.8M | — | View 990 |
| 2017 | $3.3M | $2.4M | $4.1M | $2.8M | — | View 990 |
| 2016 | $2.2M | $2.3M | $3.2M | $2.9M | — | View 990 |
| 2015 | $2.3M | $2.2M | $3.4M | $3.0M | — | View 990 |
| 2014 | $2.2M | $2.1M | $3.3M | $2.8M | — | View 990 |
| 2013 | $2.1M | $2.1M | $3.4M | $3.0M | — | View 990 |
| 2012 | $2.0M | $2.0M | $3.5M | $3.2M | — | View 990 |
| 2011 | $1.9M | $2.0M | $3.5M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.0M, expenses of $2.6M, and assets of $2.7M (revenue -35.4% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.6M, and assets of $3.4M (revenue +31.9% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.6M, and assets of $3.4M (revenue -1.8% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.7M, and assets of $3.6M (revenue -4.9% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.5M, and assets of $4.0M (revenue -23.6% year-over-year).
- 2017: Revenue of $3.3M, expenses of $2.4M, and assets of $4.1M (revenue +46.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $3.2M (revenue -1.4% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $3.4M (revenue +1.7% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.1M, and assets of $3.3M (revenue +7.7% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $3.4M (revenue +4.3% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.0M, and assets of $3.5M (revenue +3.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $2.0M, and assets of $3.5M.
Data Sources and Methodology
This transparency report for Eldercare Network Of Lincoln County 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.