Hancock County Planning Commission

Hancock County Planning Commission maintains stable finances with no reported officer compensation.

EIN: 10310087 · Ellsworth, ME · NTEE: C025 · Updated: 2026-03-28

$507KRevenue
$462KGross Revenue
$460KAssets
90/100Mission Score (Excellent)
C025
Hancock County Planning Commission Financial Summary
MetricValue
Total Revenue$507K
Total Expenses$119K
Program Spending85%
CEO/Top Officer Pay$500,000
Net Assets$282K
Transparency Score90/100

Is Hancock County Planning Commission Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hancock County Planning Commission directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hancock County Planning Commission

Hancock County Planning Commission (EIN: 10310087) is a nonprofit organization based in Ellsworth, ME, classified under NTEE code C025. The organization reported total revenue of $507K and total assets of $460K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hancock County Planning Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Hancock County Planning Commission is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$185K
Total Expenses$119K
Surplus / Deficit+$67K
Total Assets$284K
Total Liabilities$2K
Net Assets$282K
Operating Margin35.9%
Debt-to-Asset Ratio0.8%
Months of Reserves28.7 months

Financial Health Grade: A

In 2023, Hancock County Planning Commission reported a surplus of $67K with revenue exceeding expenses, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hancock County Planning Commission's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-16.7%-27.2%+29.9%
2022+104.0%+58.7%+32.4%
2021-20.2%+144.3%+8.9%
2020-41.7%-84.2%+83.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Hancock County Planning Commission demonstrates a generally stable financial position, with assets growing from $283,959 in 2023 to $460,304 currently, indicating prudent financial management. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While revenue and expenses have fluctuated over the years, the organization has maintained positive net assets in recent periods, suggesting financial resilience. For instance, in 2023, revenue of $185,103 significantly exceeded expenses of $118,575, contributing to asset growth. Spending efficiency appears to be a strong point, particularly given the consistent reporting of no officer compensation. This suggests that the majority of funds are directed towards program delivery and operational needs. The organization's NTEE code C025 (Regional Planning and Development Organizations) implies a focus on community benefit, and the financial data supports a lean operational structure. The absence of liabilities in some years (e.g., 2020) further underscores a conservative financial approach. Overall, the Hancock County Planning Commission exhibits good financial health and transparency. The consistent lack of officer compensation is a significant positive, and recent financial periods show healthy surpluses contributing to asset accumulation. While the specific breakdown of program, administrative, and fundraising expenses isn't detailed in the provided summary, the overall financial picture suggests a well-managed and mission-focused entity.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hancock County Planning Commission 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

According to IRS 990 filings, Hancock County Planning Commission 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 (2023)

From the most recent IRS 990 filing on record:

$185KTotal Revenue
$119KTotal Expenses
$284KTotal Assets
$2KTotal Liabilities
$282KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with revenues reaching over $500,000 and suggests a volunteer-led or very lean leadership structure.

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 Hancock County Planning Commission's IRS 990 filings:

Strengths

The following positive indicators were identified for Hancock County Planning Commission:

Frequently Asked Questions about Hancock County Planning Commission

Is Hancock County Planning Commission a legitimate charity?

Based on AI analysis of IRS 990 filings, Hancock County Planning Commission (EIN: 10310087) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does Hancock County Planning Commission spend its money?

Hancock County Planning Commission directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hancock County Planning Commission tax-deductible?

Hancock County Planning Commission is registered as a tax-exempt nonprofit (EIN: 10310087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hancock County Planning Commission CEO make?

Hancock County Planning Commission's highest-compensated officer earns $500,000 annually. The organization reported $507K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hancock County Planning Commission's spending goes to programs?

Hancock County Planning Commission directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hancock County Planning Commission compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Hancock County Planning Commission is above average for NTEE category C025 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hancock County Planning Commission located?

Hancock County Planning Commission is headquartered in Ellsworth, Maine and files with the IRS under EIN 10310087. It is classified under NTEE code C025.

How many years of IRS 990 filings does Hancock County Planning Commission have?

Hancock County Planning Commission 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 $507K in total revenue.

Is Hancock County Planning Commission a good charity?

Based on the provided data, Hancock County Planning Commission appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Recent financial periods show healthy surpluses and growing assets, suggesting good financial management.

How does Hancock County Planning Commission manage its finances?

The organization manages its finances conservatively, as evidenced by consistent asset growth, positive net income in recent years (e.g., $185,103 revenue vs. $118,575 expenses in 2023), and minimal liabilities in many periods. The absence of officer compensation also points to a highly efficient and mission-focused financial approach.

What is the trend in Hancock County Planning Commission's assets?

Hancock County Planning Commission's assets have shown a positive trend in recent years, growing from $165,125 in 2021 to $283,959 in 2023, and currently standing at $460,304. This indicates successful financial management and accumulation of resources.

Filing History

IRS 990 filing history for Hancock County Planning Commission showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hancock County Planning Commission's revenue has declined by 54.4%, moving from $406K to $185K. Total assets decreased by 28.1% over the same period, from $395K to $284K. Total functional expenses fell by 68.1%, from $372K to $119K. In its most recent filing year (2023), Hancock County Planning Commission reported a surplus of $67K, with revenue exceeding expenses. The organization holds $2K in liabilities against $284K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $282K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $185K $119K $284K $2K View 990
2022 $222K $163K $219K $3K View 990
2021 $109K $103K $165K $9K View 990
2020 $136K $42K $152K $0 View 990
2019 $234K $265K $83K $0 View 990
2018 $-4,676 $4K $51K $0 View 990
2017 $402K $522K $216K $27K View 990
2016 $484K $502K $331K $21K View 990
2015 $364K $400K $345K $17K View 990
2014 $304K $335K $367K $3K View 990
2013 $292K $295K $400K $6K View 990
2012 $366K $343K $401K $4K View 990
2011 $406K $372K $395K $21K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hancock County Planning Commission:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hancock County Planning Commission 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.

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