Lincolnhealth

Lincolnhealth shows historical financial stability but recent data indicates a significant drop in revenue and zero reported assets.

EIN: 10153960 · Damariscotta, ME · Updated: 2026-03-28

$22.7MRevenue
$0Assets
65/100Mission Score (Good)

Is Lincolnhealth Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
4 FoundRed Flags

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

Lincolnhealth directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lincolnhealth

Lincolnhealth (EIN: 10153960) is a nonprofit organization based in Damariscotta, ME. The organization reported total revenue of $22.7M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincolnhealth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Lincolnhealth demonstrates a generally stable financial position with consistent revenue growth from 2013 to 2017, peaking at $86,022,707 in 2017. The organization consistently maintained positive net assets, reaching $52,634,073 in 2017 ($80,333,481 assets minus $27,699,408 liabilities), indicating a healthy balance sheet. However, the latest reported revenue of $22,693,463 is significantly lower than previous years, and the reported $0 in assets for the latest period is a critical data point that requires further investigation to understand if it's an anomaly or a significant change in the organization's structure or reporting. The consistent reporting of 0% officer compensation across all available filings suggests either a highly unusual compensation structure or a potential reporting gap, which could impact transparency assessment. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the organization generally operated with a surplus, with revenues exceeding expenses in most years, indicating sound financial management. For instance, in 2017, revenue exceeded expenses by over $6.6 million. The lack of detailed expense categorization in the provided data limits a precise evaluation of how efficiently funds are allocated to direct programs versus overhead. The absence of officer compensation data also makes it challenging to evaluate executive spending. Transparency is a mixed bag. The availability of multiple IRS 990 filings is a positive sign of public disclosure. However, the consistent 0% officer compensation reported across all filings, especially for an organization with tens of millions in revenue and expenses, raises questions about the completeness or accuracy of this specific data point. Furthermore, the stark discrepancy between the latest reported revenue and assets compared to historical data warrants clarification for full transparency. Without a clear NTEE code, understanding the organization's specific mission and how well it aligns with its spending is also challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lincolnhealth 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

According to IRS 990 filings, Lincolnhealth allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with revenues reaching over $86 million. This suggests either that executive compensation is not reported in this category, or that the organization has a unique, non-compensatory leadership structure, which warrants further inquiry for a complete financial picture.

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 Lincolnhealth's IRS 990 filings:

Strengths

The following positive indicators were identified for Lincolnhealth:

Frequently Asked Questions about Lincolnhealth

Is Lincolnhealth a legitimate charity?

Based on AI analysis of IRS 990 filings, Lincolnhealth (EIN: 10153960) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

How does Lincolnhealth spend its money?

Lincolnhealth directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Lincolnhealth tax-deductible?

Lincolnhealth is registered as a tax-exempt nonprofit (EIN: 10153960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Why is the latest reported revenue significantly lower than previous years, and why are assets reported as $0?

The latest reported revenue of $22,693,463 is a substantial decrease from the $86,022,707 reported in 2017, and the $0 in assets is a critical change from previous years where assets were in the tens of millions. This could indicate a change in reporting structure, a merger, or a significant financial event that requires further investigation beyond the provided data.

How does Lincolnhealth manage executive compensation if it consistently reports 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests that executive compensation might be structured in a way that isn't captured under 'Officer Comp' on the 990, or that the organization relies on volunteer leadership, which would be exceptional for a multi-million dollar entity.

What is the NTEE code for Lincolnhealth, and how does its spending align with its specific mission?

The NTEE code is currently unknown, which makes it difficult to precisely categorize Lincolnhealth's mission. Without this, a detailed assessment of how its expenses (e.g., program spending) directly contribute to its stated charitable purpose is challenging.

Filing History

IRS 990 filing history for Lincolnhealth showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2017), Lincolnhealth's revenue has grown by 336.4%, moving from $19.7M to $86.0M. Total assets increased by 167.9% over the same period, from $30.0M to $80.3M. Total functional expenses rose by 320.7%, from $18.9M to $79.4M. In its most recent filing year (2017), Lincolnhealth reported a surplus of $6.6M, with revenue exceeding expenses. The organization holds $27.7M in liabilities against $80.3M in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $52.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2017 $86.0M $79.4M $80.3M $27.7M View 990
2016 $78.4M $75.1M $70.3M $19.9M View 990
2015 $77.5M $71.6M $73.6M $22.7M View 990
2014 $71.2M $71.2M $72.2M $23.3M View 990
2013 $17.5M $18.1M $28.5M $14.2M View 990
2012 $18.4M $18.6M $28.4M $14.0M View 990
2011 $19.7M $18.9M $30.0M $15.5M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Lincolnhealth 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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