Homeless Services Of Aroostook
Homeless Services Of Aroostook: Consistent Growth, Strong Program Spending
EIN: 222564830 · Presque Isle, ME · Updated: 2026-04-04
About Homeless Services Of Aroostook
Homeless Services Of Aroostook (EIN: 222564830) is a nonprofit organization based in Presque Isle, ME. The organization reported total revenue of $677K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Homeless Services Of Aroostook'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 Homeless Services Of Aroostook 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, Homeless Services Of Aroostook 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 not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000, which is positive for a nonprofit of this size.
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 Homeless Services Of Aroostook:
- Consistently high percentage of expenses dedicated to programs (85% in 2022).
- Steady revenue growth from $394,978 in 2016 to $763,645 in 2022.
- Healthy asset base of $1,119,599, indicating financial stability.
- Low fundraising costs, demonstrating efficient resource allocation.
Frequently Asked Questions about Homeless Services Of Aroostook
What does Homeless Services Of Aroostook do?
Homeless Services Of Aroostook is a nonprofit organization in the Unknown sector, located in Presque Isle, Maine. It is classified under NTEE code Unknown.
How much revenue does Homeless Services Of Aroostook have?
Homeless Services Of Aroostook reported total revenue of $676,899. Based on 12 IRS 990 filings on record.
What are Homeless Services Of Aroostook's total assets?
Homeless Services Of Aroostook holds total assets of $1,119,599 as reported in IRS 990 filings.
Where is Homeless Services Of Aroostook located?
Homeless Services Of Aroostook is based in Presque Isle, Maine.
What is Homeless Services Of Aroostook's EIN?
Homeless Services Of Aroostook's Employer Identification Number (EIN) is 222564830. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Homeless Services Of Aroostook?
Homeless Services Of Aroostook is classified under NTEE code Unknown (Unknown).
Is Homeless Services Of Aroostook a registered 501(c)(3)?
Homeless Services Of Aroostook appears in IRS records (EIN: 222564830). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Homeless Services Of Aroostook file IRS Form 990?
Yes, Homeless Services Of Aroostook has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Homeless Services Of Aroostook's revenue in 2022?
In the 202212 filing period, Homeless Services Of Aroostook reported total revenue of $763,645, total expenses of $787,286, and net assets of $433,741.
Is Homeless Services Of Aroostook's revenue growing or declining?
Homeless Services Of Aroostook's revenue is growing. Revenue went from $696,532 (202112) to $763,645 (202212), a +9.6% change. Based on 12 filings on record.
What is Homeless Services Of Aroostook's most recent 990 filing?
The most recent IRS Form 990 filing for Homeless Services Of Aroostook covers tax period 202212. It shows revenue of $763,645, expenses of $787,286, total assets of $433,741, and liabilities of $9,635.
How much does Homeless Services Of Aroostook spend on programs vs administration?
Based on IRS 990 analysis, Homeless Services Of Aroostook allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Homeless Services Of Aroostook a trustworthy charity?
Based on AI analysis of IRS 990 data, Homeless Services Of Aroostook appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Homeless Services Of Aroostook's strengths?
Positive indicators for Homeless Services Of Aroostook include: Consistently high percentage of expenses dedicated to programs (85% in 2022).. Steady revenue growth from $394,978 in 2016 to $763,645 in 2022.. Healthy asset base of $1,119,599, indicating financial stability.. Low fundraising costs, demonstrating efficient resource allocation.. These findings are derived from AI analysis of the organization's financial filings.
How does Homeless Services Of Aroostook compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the Form 990 reporting threshold of $150,000, which is positive for a nonprofit of this size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Homeless Services Of Aroostook managed to achieve consistent revenue growth over the past several years, and what specific strategies contribute to this trend?
Homeless Services Of Aroostook has shown consistent revenue growth, increasing from $394,978 in 2016 to $763,645 in 2022. This sustained growth, coupled with a high program spending ratio, suggests effective fundraising and grant acquisition strategies, likely supported by strong community engagement and demonstrated impact.
Given the organization's location in Presque Isle, ME, how does its operational model address the specific challenges of homelessness in a rural or less densely populated area?
While specific operational details are not provided in the financial data, the consistent program spending and growth in a rural location like Presque Isle, ME, imply a tailored approach to local needs. This could involve partnerships with local government, community organizations, and volunteers to provide dispersed services or transportation solutions, which are often critical in less urbanized settings.
Filing History
IRS 990 filing history for Homeless Services Of Aroostook showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Homeless Services Of Aroostook's revenue has grown by 142.2%, moving from $315K to $764K. Total assets increased by 42.6% over the same period, from $304K to $434K. Total functional expenses rose by 114.8%, from $366K to $787K. In its most recent filing year (2022), Homeless Services Of Aroostook reported a deficit of $24K, with expenses exceeding revenue. The organization holds $10K in liabilities against $434K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $424K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $764K | $787K | $434K | $10K | — | — |
| 2021 | $697K | $639K | $461K | $13K | — | View 990 |
| 2020 | $568K | $529K | $401K | $11K | — | — |
| 2019 | $501K | $543K | $368K | $17K | — | View 990 |
| 2018 | $471K | $489K | $403K | $10K | — | View 990 |
| 2017 | $507K | $403K | $417K | $7K | — | View 990 |
| 2016 | $395K | $420K | $312K | $6K | — | View 990 |
| 2015 | $420K | $401K | $337K | $6K | — | View 990 |
| 2014 | $382K | $361K | $316K | $4K | — | View 990 |
| 2013 | $346K | $367K | $292K | $800 | — | View 990 |
| 2012 | $357K | $351K | $312K | $800 | — | View 990 |
| 2011 | $315K | $366K | $304K | $800 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $764K, expenses of $787K, and assets of $434K (revenue +9.6% year-over-year).
- 2021: Revenue of $697K, expenses of $639K, and assets of $461K (revenue +22.6% year-over-year).
- 2020: Revenue of $568K, expenses of $529K, and assets of $401K (revenue +13.4% year-over-year).
- 2019: Revenue of $501K, expenses of $543K, and assets of $368K (revenue +6.3% year-over-year).
- 2018: Revenue of $471K, expenses of $489K, and assets of $403K (revenue -7.1% year-over-year).
- 2017: Revenue of $507K, expenses of $403K, and assets of $417K (revenue +28.5% year-over-year).
- 2016: Revenue of $395K, expenses of $420K, and assets of $312K (revenue -6.0% year-over-year).
- 2015: Revenue of $420K, expenses of $401K, and assets of $337K (revenue +9.8% year-over-year).
- 2014: Revenue of $382K, expenses of $361K, and assets of $316K (revenue +10.4% year-over-year).
- 2013: Revenue of $346K, expenses of $367K, and assets of $292K (revenue -3.0% year-over-year).
- 2012: Revenue of $357K, expenses of $351K, and assets of $312K (revenue +13.3% year-over-year).
- 2011: Revenue of $315K, expenses of $366K, and assets of $304K.
Data Sources and Methodology
This transparency report for Homeless Services Of Aroostook 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.