Lincoln Home

Lincoln Home consistently spends more than it earns, with rising liabilities despite increasing revenue.

EIN: 10220430 · Newcastle, ME · NTEE: P750 · Updated: 2026-03-28

$5.6MRevenue

$6.2MAssets

65/100Mission Score (Good)

P750

About Lincoln Home

Lincoln Home (EIN: 10220430) is a nonprofit organization based in Newcastle, ME, classified under NTEE code P750. The organization reported total revenue of $5.6M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lincoln Home demonstrates a consistent operational history with revenues generally increasing over the past decade, reaching $4,015,959 in 2023. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 where expenses were $4,954,245 against $4,015,959 in revenue, indicating a deficit. This trend of spending more than it earns is a concern for long-term financial stability, though it has managed to maintain significant assets, totaling $8,283,114 in 2023. The organization's liabilities have also shown an upward trend, reaching $5,318,528 in 2023, which is a substantial portion of its assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category, which would warrant further investigation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lincoln Home with a Mission Score of 65 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Lincoln Home allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $4 million. This either indicates that no officers receive compensation or that compensation is reported under a different category, which could impact transparency.

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 Lincoln Home's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue) in recent years, e.g., $4,954,245 expenses vs. $4,015,959 revenue in 2023.
Significant increase in liabilities from $2,735,681 in 2022 to $5,318,528 in 2023.
Unusually low (0%) reported officer compensation for an organization of this size, potentially indicating a lack of transparency or unusual compensation structure.

Strengths

The following positive indicators were identified for Lincoln Home:

Long operational history with 12 IRS 990 filings, indicating stability and compliance.
Substantial asset base, reaching $8,283,114 in 2023, providing a buffer.
Consistent revenue generation, with latest revenue at $5,640,994, showing continued support.

Frequently Asked Questions about Lincoln Home

How does Lincoln Home cover its operational deficits, given that expenses frequently exceed revenue?

The organization has consistently reported expenses exceeding revenue in most recent years (e.g., $4,954,245 expenses vs. $4,015,959 revenue in 2023). This suggests reliance on prior year surpluses, asset drawdowns, or other non-operating income sources to cover the gap.

What is the nature of the significant increase in liabilities, from $2,735,681 in 2022 to $5,318,528 in 2023?

The near doubling of liabilities in a single year is a significant financial event that warrants further investigation into its cause, such as new debt, deferred revenue, or other obligations.

Why is officer compensation consistently reported as 0% across all filings?

For an organization with millions in revenue, 0% officer compensation is highly unusual. This could mean officers are unpaid volunteers, or their compensation is categorized differently and not reported under 'Officer Comp' on the 990, which could affect transparency.

What is the long-term strategy for financial sustainability given the recurring operational deficits?

With expenses frequently outpacing revenue, the organization needs a clear strategy to achieve financial equilibrium and ensure long-term viability without depleting assets or accumulating excessive debt.

Filing History

IRS 990 filing history for Lincoln Home showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Lincoln Home's revenue has grown by 29.1%, moving from $3.1M to $4.0M. Total assets increased by 10.4% over the same period, from $7.5M to $8.3M. Total functional expenses rose by 67.4%, from $3.0M to $5.0M. In its most recent filing year (2023), Lincoln Home reported a deficit of $938K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $8.3M in assets (debt-to-asset ratio: 64.2%), resulting in net assets of $3.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.0M	$5.0M	$8.3M	$5.3M	—	—
2022	$4.4M	$4.6M	$6.1M	$2.7M	—	View 990
2021	$4.4M	$4.3M	$6.9M	$3.0M	—	View 990
2020	$3.3M	$3.5M	$7.0M	$3.5M	—	View 990
2019	$3.5M	$3.4M	$7.0M	$3.4M	—	View 990
2018	$3.1M	$3.3M	$6.9M	$3.6M	—	View 990
2017	$2.8M	$3.1M	$7.1M	$3.8M	—	View 990
2016	$2.8M	$3.3M	$7.5M	$3.9M	—	View 990
2015	$3.1M	$3.1M	$8.0M	$4.2M	—	View 990
2014	$3.7M	$3.3M	$8.6M	$4.3M	—	View 990
2013	$4.0M	$3.2M	$8.0M	$4.1M	—	View 990
2012	$3.1M	$3.0M	$7.5M	$4.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.0M, expenses of $5.0M, and assets of $8.3M (revenue -8.9% year-over-year).
2022: Revenue of $4.4M, expenses of $4.6M, and assets of $6.1M (revenue +0.6% year-over-year).
2021: Revenue of $4.4M, expenses of $4.3M, and assets of $6.9M (revenue +31.7% year-over-year).
2020: Revenue of $3.3M, expenses of $3.5M, and assets of $7.0M (revenue -4.5% year-over-year).
2019: Revenue of $3.5M, expenses of $3.4M, and assets of $7.0M (revenue +11.3% year-over-year).
2018: Revenue of $3.1M, expenses of $3.3M, and assets of $6.9M (revenue +11.3% year-over-year).
2017: Revenue of $2.8M, expenses of $3.1M, and assets of $7.1M (revenue +1.4% year-over-year).
2016: Revenue of $2.8M, expenses of $3.3M, and assets of $7.5M (revenue -10.2% year-over-year).
2015: Revenue of $3.1M, expenses of $3.1M, and assets of $8.0M (revenue -16.0% year-over-year).
2014: Revenue of $3.7M, expenses of $3.3M, and assets of $8.6M (revenue -8.5% year-over-year).
2013: Revenue of $4.0M, expenses of $3.2M, and assets of $8.0M (revenue +29.2% year-over-year).
2012: Revenue of $3.1M, expenses of $3.0M, and assets of $7.5M.

Data Sources and Methodology

This transparency report for Lincoln Home 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.