Elmhurst Inc
Elmhurst Inc maintains stable finances and zero reported officer compensation over a decade.
EIN: 10266854 · Bath, ME · NTEE: G200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $4.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $8.0M |
| Transparency Score | 95/100 |
Is Elmhurst Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elmhurst Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elmhurst Inc
Elmhurst Inc (EIN: 10266854) is a nonprofit organization based in Bath, ME, classified under NTEE code G200. The organization reported total revenue of $5.2M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elmhurst Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elmhurst Inc is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$92K |
| Total Assets | $9.1M |
| Total Liabilities | $1.1M |
| Net Assets | $8.0M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 11.7% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2024, Elmhurst Inc reported a surplus of $92K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 11.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Elmhurst Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.6% | +6.1% | +0.5% |
| 2023 | +3.9% | -4.3% | +1.0% |
| 2022 | -3.9% | +9.2% | -2.3% |
| 2021 | -0.5% | -6.2% | +5.2% |
| 2020 | -8.3% | +0.1% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Elmhurst Inc with a Mission Score of 95 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, Elmhurst Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.7%.
Executive Compensation Analysis
Elmhurst Inc consistently reports 0% officer compensation across all 13 available filings, indicating that no compensation is paid to officers or that it is negligible and not reported, which is highly unusual and commendable for an organization with over $4 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Elmhurst Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
- Stable and growing asset base, increasing from $7.2M in 2015 to over $9M in 2024.
- Prudent financial management with expenses generally below or close to revenue, leading to positive operating margins.
- Decreasing liabilities over time, strengthening the organization's balance sheet.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Elmhurst Inc
Is Elmhurst Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elmhurst Inc (EIN: 10266854) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Elmhurst Inc spend its money?
Elmhurst Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elmhurst Inc tax-deductible?
Elmhurst Inc is registered as a tax-exempt nonprofit (EIN: 10266854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elmhurst Inc CEO make?
Elmhurst Inc's highest-compensated officer earns $4 annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Elmhurst Inc's spending goes to programs?
Elmhurst Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elmhurst Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Elmhurst Inc is above average for NTEE category G200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elmhurst Inc located?
Elmhurst Inc is headquartered in Bath, Maine and files with the IRS under EIN 10266854. It is classified under NTEE code G200.
How many years of IRS 990 filings does Elmhurst Inc have?
Elmhurst Inc 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 $5.2M in total revenue.
Is Elmhurst Inc a good charity?
Based on the available financial data, Elmhurst Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth in assets, and remarkably, reports 0% officer compensation, suggesting a high dedication to its mission.
How does Elmhurst Inc manage its expenses?
Elmhurst Inc consistently manages its expenses effectively, with expenses generally staying below or very close to revenue, as seen in the 202406 period where expenses were $4,179,854 against revenues of $4,272,185. This indicates a disciplined approach to spending.
What is the trend in Elmhurst Inc's assets and liabilities?
Elmhurst Inc shows a positive trend with assets growing from $7,198,997 in 2015 to $9,051,988 in 2024, while liabilities have generally decreased from $1,997,614 in 2015 to $1,061,367 in 2024, indicating improved financial stability.
Filing History
IRS 990 filing history for Elmhurst Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Elmhurst Inc's revenue has grown by 13.3%, moving from $3.8M to $4.3M. Total assets increased by 48.4% over the same period, from $6.1M to $9.1M. Total functional expenses rose by 24.6%, from $3.4M to $4.2M. In its most recent filing year (2024), Elmhurst Inc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $9.1M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.3M | $4.2M | $9.1M | $1.1M | — | View 990 |
| 2023 | $4.2M | $3.9M | $9.0M | $1.1M | — | View 990 |
| 2022 | $4.0M | $4.1M | $8.9M | $1.3M | — | View 990 |
| 2021 | $4.2M | $3.8M | $9.1M | $1.4M | — | View 990 |
| 2020 | $4.2M | $4.0M | $8.7M | $1.4M | — | View 990 |
| 2019 | $4.6M | $4.0M | $8.5M | $1.4M | — | View 990 |
| 2018 | $4.3M | $3.7M | $8.1M | $1.7M | — | View 990 |
| 2017 | $3.9M | $3.6M | $7.7M | $1.8M | — | View 990 |
| 2016 | $4.0M | $3.6M | $7.5M | $1.9M | — | View 990 |
| 2015 | $4.0M | $3.6M | $7.2M | $2.0M | — | View 990 |
| 2014 | $3.9M | $3.4M | $6.9M | $2.1M | — | View 990 |
| 2013 | $3.7M | $3.4M | $6.4M | $2.1M | — | View 990 |
| 2012 | $3.8M | $3.4M | $6.1M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.3M, expenses of $4.2M, and assets of $9.1M (revenue +1.6% year-over-year).
- 2023: Revenue of $4.2M, expenses of $3.9M, and assets of $9.0M (revenue +3.9% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.1M, and assets of $8.9M (revenue -3.9% year-over-year).
- 2021: Revenue of $4.2M, expenses of $3.8M, and assets of $9.1M (revenue -0.5% year-over-year).
- 2020: Revenue of $4.2M, expenses of $4.0M, and assets of $8.7M (revenue -8.3% year-over-year).
- 2019: Revenue of $4.6M, expenses of $4.0M, and assets of $8.5M (revenue +7.1% year-over-year).
- 2018: Revenue of $4.3M, expenses of $3.7M, and assets of $8.1M (revenue +10.2% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.6M, and assets of $7.7M (revenue -2.4% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.6M, and assets of $7.5M (revenue +1.3% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.6M, and assets of $7.2M (revenue +2.4% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.4M, and assets of $6.9M (revenue +3.6% year-over-year).
- 2013: Revenue of $3.7M, expenses of $3.4M, and assets of $6.4M (revenue -1.1% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.4M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elmhurst Inc:
Data Sources and Methodology
This transparency report for Elmhurst Inc 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.