Houlton Regional Health Services Foundation
Houlton Regional Health Services Foundation: Strong Asset Growth, Variable Revenue
EIN: 222511768 · Houlton, ME · NTEE: E21Z · Updated: 2026-04-04
About Houlton Regional Health Services Foundation
Houlton Regional Health Services Foundation (EIN: 222511768) is a nonprofit organization based in Houlton, ME, classified under NTEE code E21Z. The organization reported total revenue of $739K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houlton Regional Health Services Foundation'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 Houlton Regional Health Services Foundation with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Houlton Regional Health Services Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is covered by an affiliated entity.
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 Houlton Regional Health Services Foundation's IRS 990 filings:
- Revenue has been highly variable year-over-year, ranging from $140,153 in 2019 to $740,412 in 2023, which could impact long-term program planning.
- The organization reported a significant increase in expenses in 2022 ($925,594) compared to other years, which warrants further investigation into the nature of these expenditures.
Strengths
The following positive indicators were identified for Houlton Regional Health Services Foundation:
- Consistent asset growth, reaching $2,896,859 in 2023, indicates strong financial management and stability.
- The foundation consistently reports 0% compensation for key personnel, suggesting a high dedication to mission and efficient use of funds.
- Low liabilities reported across all years, with $8,287 in 2023 and $0 in many other years, points to a healthy balance sheet.
Frequently Asked Questions about Houlton Regional Health Services Foundation
What does Houlton Regional Health Services Foundation do?
Houlton Regional Health Services Foundation is a nonprofit organization in the Health Care sector, located in Houlton, Maine. It is classified under NTEE code E21Z.
How much revenue does Houlton Regional Health Services Foundation have?
Houlton Regional Health Services Foundation reported total revenue of $739,116. Based on 13 IRS 990 filings on record.
What are Houlton Regional Health Services Foundation's total assets?
Houlton Regional Health Services Foundation holds total assets of $3,814,129 as reported in IRS 990 filings.
Where is Houlton Regional Health Services Foundation located?
Houlton Regional Health Services Foundation is based in Houlton, Maine.
What is Houlton Regional Health Services Foundation's EIN?
Houlton Regional Health Services Foundation's Employer Identification Number (EIN) is 222511768. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Houlton Regional Health Services Foundation?
Houlton Regional Health Services Foundation is classified under NTEE code E21Z (Health Care).
Is Houlton Regional Health Services Foundation a registered 501(c)(3)?
Yes, Houlton Regional Health Services Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222511768.
Does Houlton Regional Health Services Foundation file IRS Form 990?
Yes, Houlton Regional Health Services Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Houlton Regional Health Services Foundation's revenue in 2023?
In the 202309 filing period, Houlton Regional Health Services Foundation reported total revenue of $740,412, total expenses of $122,763, and net assets of $2,896,859.
Is Houlton Regional Health Services Foundation's revenue growing or declining?
Houlton Regional Health Services Foundation's revenue is growing. Revenue went from $179,655 (202209) to $740,412 (202309), a +312.1% change. Based on 13 filings on record.
What is Houlton Regional Health Services Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Houlton Regional Health Services Foundation covers tax period 202309. It shows revenue of $740,412, expenses of $122,763, total assets of $2,896,859, and liabilities of $8,287.
How much does Houlton Regional Health Services Foundation spend on programs vs administration?
Based on IRS 990 analysis, Houlton Regional Health Services Foundation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Houlton Regional Health Services Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Houlton Regional Health Services Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Houlton Regional Health Services Foundation?
The following concerns were identified: Revenue has been highly variable year-over-year, ranging from $140,153 in 2019 to $740,412 in 2023, which could impact long-term program planning.. The organization reported a significant increase in expenses in 2022 ($925,594) compared to other years, which warrants further investigation into the nature of these expenditures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Houlton Regional Health Services Foundation's strengths?
Positive indicators for Houlton Regional Health Services Foundation include: Consistent asset growth, reaching $2,896,859 in 2023, indicates strong financial management and stability.. The foundation consistently reports 0% compensation for key personnel, suggesting a high dedication to mission and efficient use of funds.. Low liabilities reported across all years, with $8,287 in 2023 and $0 in many other years, points to a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Houlton Regional Health Services Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is covered by an affiliated entity. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the foundation ensure effective leadership and management, and are there any indirect compensation or shared service agreements with Houlton Regional Hospital?
The consistent reporting of $0 for executive compensation suggests that leadership may be volunteer-based or compensated through an affiliated entity, such as Houlton Regional Hospital. Further inquiry would be needed to understand the operational structure and any shared service agreements that might cover administrative or leadership costs, ensuring the foundation's mission is effectively managed without direct compensation.
What factors contributed to the significant expense spike to $925,594 in 2022, and how does this align with the foundation's mission and program delivery?
The substantial increase in expenses in 2022 to $925,594, compared to an average of around $200,000 in other years, is a notable outlier. Understanding the specific programs, capital expenditures, or one-time initiatives that led to this spike is crucial to assess its impact on the foundation's mission and long-term financial strategy.
Filing History
IRS 990 filing history for Houlton Regional Health Services Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Houlton Regional Health Services Foundation's revenue has grown by 191%, moving from $254K to $740K. Total assets increased by 60.9% over the same period, from $1.8M to $2.9M. Total functional expenses rose by 11%, from $111K to $123K. In its most recent filing year (2023), Houlton Regional Health Services Foundation reported a surplus of $618K, with revenue exceeding expenses. The organization holds $8K in liabilities against $2.9M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $740K | $123K | $2.9M | $8K | — | View 990 |
| 2022 | $180K | $926K | $2.3M | $0 | — | View 990 |
| 2021 | $620K | $136K | $3.0M | $0 | — | View 990 |
| 2020 | $372K | $204K | $2.5M | $0 | — | — |
| 2019 | $140K | $220K | $2.4M | $0 | — | View 990 |
| 2018 | $434K | $147K | $2.4M | $0 | — | View 990 |
| 2017 | $357K | $228K | $2.2M | $9K | — | View 990 |
| 2016 | $353K | $404K | $2.1M | $22K | — | View 990 |
| 2015 | $134K | $243K | $2.1M | $0 | — | View 990 |
| 2014 | $282K | $212K | $2.2M | $7K | — | View 990 |
| 2013 | $340K | $119K | $2.1M | $13K | — | View 990 |
| 2012 | $439K | $399K | $1.8M | $6K | — | View 990 |
| 2011 | $254K | $111K | $1.8M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $740K, expenses of $123K, and assets of $2.9M (revenue +312.1% year-over-year).
- 2022: Revenue of $180K, expenses of $926K, and assets of $2.3M (revenue -71.0% year-over-year).
- 2021: Revenue of $620K, expenses of $136K, and assets of $3.0M (revenue +66.7% year-over-year).
- 2020: Revenue of $372K, expenses of $204K, and assets of $2.5M (revenue +165.5% year-over-year).
- 2019: Revenue of $140K, expenses of $220K, and assets of $2.4M (revenue -67.7% year-over-year).
- 2018: Revenue of $434K, expenses of $147K, and assets of $2.4M (revenue +21.7% year-over-year).
- 2017: Revenue of $357K, expenses of $228K, and assets of $2.2M (revenue +1.0% year-over-year).
- 2016: Revenue of $353K, expenses of $404K, and assets of $2.1M (revenue +162.9% year-over-year).
- 2015: Revenue of $134K, expenses of $243K, and assets of $2.1M (revenue -52.4% year-over-year).
- 2014: Revenue of $282K, expenses of $212K, and assets of $2.2M (revenue -16.9% year-over-year).
- 2013: Revenue of $340K, expenses of $119K, and assets of $2.1M (revenue -22.6% year-over-year).
- 2012: Revenue of $439K, expenses of $399K, and assets of $1.8M (revenue +72.5% year-over-year).
- 2011: Revenue of $254K, expenses of $111K, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Houlton Regional Health Services Foundation 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.