Maine Dartmouth Medicine Residency

Maine Dartmouth Medicine Residency consistently operates with tight margins and no reported officer compensation.

EIN: 10369195 · Augusta, ME · NTEE: B54Z · Updated: 2026-03-28

$22.9MRevenue
$22.6MGross Revenue
$7.9MAssets
85/100Mission Score (Excellent)
B54Z
Maine Dartmouth Medicine Residency Financial Summary
MetricValue
Total Revenue$22.9M
Total Expenses$20.9M
Program Spending90%
CEO/Top Officer Pay$20
Net Assets$2.5M
Transparency Score85/100

Is Maine Dartmouth Medicine Residency Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Maine Dartmouth Medicine Residency directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maine Dartmouth Medicine Residency

Maine Dartmouth Medicine Residency (EIN: 10369195) is a nonprofit organization based in Augusta, ME, classified under NTEE code B54Z. The organization reported total revenue of $22.9M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Dartmouth Medicine Residency's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

45Years Operating
LargeSize Classification
12Years of Filings
MixedRevenue Trajectory

Maine Dartmouth Medicine Residency is a large nonprofit that has been operating for 45 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$20.4M
Total Expenses$20.9M
Surplus / Deficit$-560,622
Total Assets$6.5M
Total Liabilities$4.0M
Net Assets$2.5M
Operating Margin-2.8%
Debt-to-Asset Ratio61.8%
Months of Reserves3.7 months

Financial Health Grade: C

In 2023, Maine Dartmouth Medicine Residency reported a deficit of $561K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 61.8% (high leverage).

Financial Trends

Over 12 years of filings (2012–2023), Maine Dartmouth Medicine Residency's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-0.7%+4.2%+2.2%
2022+1.6%+3.0%-2.7%
2021+8.8%+7.4%-2.0%
2020+0.9%+2.1%+81.4%
2019+8.7%+5.5%+22.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1981

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Maine Dartmouth Medicine Residency demonstrates consistent financial activity, with revenues closely tracking expenses over the past decade. For instance, in 2023, expenses of $20,915,230 slightly exceeded revenues of $20,354,608, indicating a tight operational margin. The organization's assets have shown steady growth, increasing from $2,352,865 in 2015 to $6,490,816 in 2023, suggesting prudent financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission-related spending, as it implies that no salaries are paid to officers, or they are compensated through other means not categorized as officer compensation on the 990, or they are volunteers. This practice, if it means no compensation, contributes positively to the organization's spending efficiency by minimizing administrative overhead related to executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Dartmouth Medicine Residency 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

According to IRS 990 filings, Maine Dartmouth Medicine Residency allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$20.4MTotal Revenue
$20.9MTotal Expenses
$6.5MTotal Assets
$4.0MTotal Liabilities
$2.5MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $20 million in annual revenue. This suggests either a volunteer leadership model, compensation being reported under other expense categories, or a unique operational structure where officers are compensated 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 Maine Dartmouth Medicine Residency's IRS 990 filings:

Strengths

The following positive indicators were identified for Maine Dartmouth Medicine Residency:

Frequently Asked Questions about Maine Dartmouth Medicine Residency

Is Maine Dartmouth Medicine Residency a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Dartmouth Medicine Residency (EIN: 10369195) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.

How does Maine Dartmouth Medicine Residency spend its money?

Maine Dartmouth Medicine Residency directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Maine Dartmouth Medicine Residency tax-deductible?

Maine Dartmouth Medicine Residency is registered as a tax-exempt nonprofit (EIN: 10369195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Maine Dartmouth Medicine Residency CEO make?

Maine Dartmouth Medicine Residency's highest-compensated officer earns $20 annually. The organization reported $22.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Maine Dartmouth Medicine Residency compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Maine Dartmouth Medicine Residency is above average for NTEE category B54Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Maine Dartmouth Medicine Residency located?

Maine Dartmouth Medicine Residency is headquartered in Augusta, Maine and files with the IRS under EIN 10369195. It is classified under NTEE code B54Z.

How many years of IRS 990 filings does Maine Dartmouth Medicine Residency have?

Maine Dartmouth Medicine Residency has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22.9M in total revenue.

How does Maine Dartmouth Medicine Residency manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation on IRS Form 990s for an organization with over $20 million in revenue is highly unusual. This could indicate that officers are volunteers, compensated by an affiliated entity, or their compensation is categorized differently within the expense structure, which warrants further investigation into their operational model and financial reporting practices.

What is the trend in the organization's net assets?

The organization's net assets have shown a positive trend, growing from $2,352,865 in 2015 to $6,490,816 in 2023. This indicates a healthy accumulation of resources over time, despite operating with tight annual margins.

Is the organization financially stable given its tight operating margins?

While the organization consistently operates with tight margins (e.g., expenses slightly exceeding revenue in 2023), its growing asset base suggests underlying financial stability. The ability to maintain operations and grow assets over a decade, despite minimal annual surpluses, indicates effective resource management.

Filing History

IRS 990 filing history for Maine Dartmouth Medicine Residency showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Maine Dartmouth Medicine Residency's revenue has grown by 80.4%, moving from $11.3M to $20.4M. Total assets increased by 186.9% over the same period, from $2.3M to $6.5M. Total functional expenses rose by 83.1%, from $11.4M to $20.9M. In its most recent filing year (2023), Maine Dartmouth Medicine Residency reported a deficit of $561K, with expenses exceeding revenue. The organization holds $4.0M in liabilities against $6.5M in assets (debt-to-asset ratio: 61.8%), resulting in net assets of $2.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $20.4M $20.9M $6.5M $4.0M View 990
2022 $20.5M $20.1M $6.4M $3.4M View 990
2021 $20.2M $19.5M $6.5M $3.6M View 990
2020 $18.5M $18.2M $6.7M $4.8M View 990
2019 $18.4M $17.8M $3.7M $2.2M View 990
2018 $16.9M $16.9M $3.0M $2.1M View 990
2017 $14.6M $14.6M $2.6M $1.7M View 990
2016 $13.0M $13.1M $2.4M $1.4M View 990
2015 $12.3M $12.8M $2.4M $1.3M View 990
2014 $12.8M $12.6M $2.7M $1.1M View 990
2013 $11.6M $11.8M $2.1M $786K View 990
2012 $11.3M $11.4M $2.3M $817K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Maine Dartmouth Medicine Residency:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Maine Dartmouth Medicine Residency 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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