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
Is Lincolnhealth Legit?
Some Concerns
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
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
- admin: 15%
- programs: 75%
- fundraising: 10%
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:
- Latest reported assets are $0, a significant departure from historical data.
- Latest reported revenue is significantly lower than previous years, indicating a potential major financial shift.
- Consistent reporting of 0% officer compensation across all filings, which is highly unusual for an organization of this scale and warrants further scrutiny.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for Lincolnhealth:
- Historically strong revenue growth from 2013 to 2017, peaking at over $86 million.
- Consistent positive net assets in historical filings, indicating financial stability.
- Generally operated with a surplus, with revenues exceeding expenses in most historical periods.
- Multiple IRS 990 filings available, indicating a commitment to public disclosure.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2017: Revenue of $86.0M, expenses of $79.4M, and assets of $80.3M (revenue +9.8% year-over-year).
- 2016: Revenue of $78.4M, expenses of $75.1M, and assets of $70.3M (revenue +1.2% year-over-year).
- 2015: Revenue of $77.5M, expenses of $71.6M, and assets of $73.6M (revenue +8.7% year-over-year).
- 2014: Revenue of $71.2M, expenses of $71.2M, and assets of $72.2M (revenue +307.9% year-over-year).
- 2013: Revenue of $17.5M, expenses of $18.1M, and assets of $28.5M (revenue -5.2% year-over-year).
- 2012: Revenue of $18.4M, expenses of $18.6M, and assets of $28.4M (revenue -6.5% year-over-year).
- 2011: Revenue of $19.7M, expenses of $18.9M, and assets of $30.0M.
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.