Holocaust Human Rights Center Of Maine
Holocaust Human Rights Center Of Maine consistently spends more than it earns, drawing on substantial assets.
EIN: 10406624 · Augusta, ME · NTEE: Q700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $568K |
| Program Spending | 85% |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is Holocaust Human Rights Center Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holocaust Human Rights Center Of Maine directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holocaust Human Rights Center Of Maine
Holocaust Human Rights Center Of Maine (EIN: 10406624) is a nonprofit organization based in Augusta, ME, classified under NTEE code Q700. The organization reported total revenue of $344K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holocaust Human Rights Center Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holocaust Human Rights Center Of Maine is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $568K |
| Surplus / Deficit | $-128,959 |
| Total Assets | $2.6M |
| Total Liabilities | $16K |
| Net Assets | $2.6M |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 55.7 months |
Financial Health Grade: B
In 2023, Holocaust Human Rights Center Of Maine reported a deficit of $129K with expenses exceeding revenue, holds 55.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Holocaust Human Rights Center Of Maine's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +30.9% | -0.8% |
| 2022 | +10.8% | +0.3% | -0.7% |
| 2021 | -0.2% | +4.2% | -0.4% |
| 2020 | -10.1% | +20.8% | -1.5% |
| 2019 | +42.7% | +9.1% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Holocaust Human Rights Center Of Maine 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: 85%
- fundraising: 5%
According to IRS 990 filings, Holocaust Human Rights Center Of Maine 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:
- The organization reported a deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation directly to mission.
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 Holocaust Human Rights Center Of Maine's IRS 990 filings:
- Consistent operational deficits (e.g., 202303 expenses $567,539 vs. revenue $438,580)
- Declining asset base over the long term (e.g., $2,987,014 in 201403 to $2,632,320 in 202303)
Strengths
The following positive indicators were identified for Holocaust Human Rights Center Of Maine:
- Strong program focus (estimated 85% program spending)
- No reported officer compensation, indicating efficient use of funds for mission
- Substantial asset base providing financial stability despite deficits
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Holocaust Human Rights Center Of Maine
Is Holocaust Human Rights Center Of Maine a legitimate charity?
Holocaust Human Rights Center Of Maine (EIN: 10406624) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $344K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Holocaust Human Rights Center Of Maine spend its money?
Holocaust Human Rights Center Of Maine directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Holocaust Human Rights Center Of Maine tax-deductible?
Holocaust Human Rights Center Of Maine is registered as a tax-exempt nonprofit (EIN: 10406624). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holocaust Human Rights Center Of Maine's spending goes to programs?
Holocaust Human Rights Center Of Maine directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Holocaust Human Rights Center Of Maine compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Holocaust Human Rights Center Of Maine is above average for NTEE category Q700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holocaust Human Rights Center Of Maine located?
Holocaust Human Rights Center Of Maine is headquartered in Augusta, Maine and files with the IRS under EIN 10406624. It is classified under NTEE code Q700.
How many years of IRS 990 filings does Holocaust Human Rights Center Of Maine have?
Holocaust Human Rights Center Of Maine 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 $344K in total revenue.
Is the Holocaust Human Rights Center Of Maine financially sustainable given its recurring deficits?
While the organization has significant assets ($2,632,320 in 202303), it has consistently reported expenses exceeding revenue in recent years (e.g., $567,539 expenses vs. $438,580 revenue in 202303). This trend suggests a reliance on asset drawdowns or other non-operating income to cover costs, which may not be sustainable indefinitely without a strategy to increase revenue or reduce expenses.
How does the organization fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated through other mechanisms not classified as officer compensation on the 990. This practice generally allows more funds to be directed towards program services.
What is the primary source of the organization's substantial assets?
The filings indicate substantial assets, reaching $2,632,320 in 202303. Without detailed breakdowns in the provided data, it's likely these assets are primarily endowment funds or accumulated reserves from past fundraising efforts and investment growth, which are now being used to cover operational deficits.
Filing History
IRS 990 filing history for Holocaust Human Rights Center Of Maine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Holocaust Human Rights Center Of Maine's revenue has grown by 70.8%, moving from $257K to $439K. Total assets increased by 2002.1% over the same period, from $125K to $2.6M. Total functional expenses rose by 92.2%, from $295K to $568K. In its most recent filing year (2023), Holocaust Human Rights Center Of Maine reported a deficit of $129K, with expenses exceeding revenue. The organization holds $16K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $568K | $2.6M | $16K | — | View 990 |
| 2022 | $399K | $433K | $2.7M | $8K | — | View 990 |
| 2021 | $360K | $432K | $2.7M | $33K | — | View 990 |
| 2020 | $360K | $415K | $2.7M | $47K | — | View 990 |
| 2019 | $401K | $344K | $2.7M | $23K | — | View 990 |
| 2018 | $281K | $315K | $2.6M | $3K | — | View 990 |
| 2017 | $249K | $319K | $2.7M | $4K | — | View 990 |
| 2016 | $228K | $323K | $2.7M | $1K | — | View 990 |
| 2015 | $144K | $312K | $2.8M | $4K | — | View 990 |
| 2014 | $84K | $334K | $3.0M | $4K | — | View 990 |
| 2013 | $408K | $401K | $2.9M | $55K | — | View 990 |
| 2012 | $938K | $298K | $3.0M | $110K | — | View 990 |
| 2011 | $257K | $295K | $125K | $771K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $568K, and assets of $2.6M (revenue +10.0% year-over-year).
- 2022: Revenue of $399K, expenses of $433K, and assets of $2.7M (revenue +10.8% year-over-year).
- 2021: Revenue of $360K, expenses of $432K, and assets of $2.7M (revenue -0.2% year-over-year).
- 2020: Revenue of $360K, expenses of $415K, and assets of $2.7M (revenue -10.1% year-over-year).
- 2019: Revenue of $401K, expenses of $344K, and assets of $2.7M (revenue +42.7% year-over-year).
- 2018: Revenue of $281K, expenses of $315K, and assets of $2.6M (revenue +12.9% year-over-year).
- 2017: Revenue of $249K, expenses of $319K, and assets of $2.7M (revenue +9.0% year-over-year).
- 2016: Revenue of $228K, expenses of $323K, and assets of $2.7M (revenue +58.7% year-over-year).
- 2015: Revenue of $144K, expenses of $312K, and assets of $2.8M (revenue +71.3% year-over-year).
- 2014: Revenue of $84K, expenses of $334K, and assets of $3.0M (revenue -79.4% year-over-year).
- 2013: Revenue of $408K, expenses of $401K, and assets of $2.9M (revenue -56.4% year-over-year).
- 2012: Revenue of $938K, expenses of $298K, and assets of $3.0M (revenue +265.1% year-over-year).
- 2011: Revenue of $257K, expenses of $295K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holocaust Human Rights Center Of Maine:
Data Sources and Methodology
This transparency report for Holocaust Human Rights Center Of Maine 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.