Maine Dental Service Corporation
Maine Dental Service Corporation shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 10286541 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $210.8M |
| Total Expenses | $177.0M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $75.5M |
| Transparency Score | 90/100 |
Is Maine Dental Service Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Dental Service Corporation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Dental Service Corporation
Maine Dental Service Corporation (EIN: 10286541) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $210.8M and total assets of $86.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Dental Service Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Dental Service Corporation is a major nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184.8M |
| Total Expenses | $177.0M |
| Surplus / Deficit | +$7.8M |
| Total Assets | $83.5M |
| Total Liabilities | $8.0M |
| Net Assets | $75.5M |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Maine Dental Service Corporation reported a surplus of $7.8M with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Dental Service Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | +10.4% | +10.4% |
| 2022 | +10.9% | +11.6% | -3.1% |
| 2021 | +19.3% | +20.0% | +9.2% |
| 2020 | -4.6% | -8.4% | +15.5% |
| 2019 | +1.8% | +3.2% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Dental Service Corporation with a Mission Score of 90 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
- admin: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Maine Dental Service Corporation allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% 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:
- The organization reported a surplus of $7.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
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 revenues exceeding $100 million annually. This suggests either a unique volunteer-based leadership structure, or that compensation is reported under different categories not immediately visible as 'officer compensation' in the summary data.
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 Dental Service Corporation's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Maine Dental Service Corporation:
- Consistent revenue growth, increasing from $104.2M in 2014 to $184.8M in 2023.
- Strong financial health with growing assets, from $48.4M in 2014 to $83.5M in 2023.
- High efficiency in spending, with expenses closely tracking revenue, indicating a high proportion of funds are used for operations/programs.
- Positive net assets, with assets consistently exceeding liabilities (e.g., $83.5M assets vs $8.0M liabilities in 2023).
Frequently Asked Questions about Maine Dental Service Corporation
Is Maine Dental Service Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Dental Service Corporation (EIN: 10286541) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Maine Dental Service Corporation spend its money?
Maine Dental Service Corporation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Dental Service Corporation tax-deductible?
Maine Dental Service Corporation is registered as a tax-exempt nonprofit (EIN: 10286541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Dental Service Corporation CEO make?
Maine Dental Service Corporation's highest-compensated officer earns $100 annually. The organization reported $210.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maine Dental Service Corporation's spending goes to programs?
Maine Dental Service Corporation directs 95% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Maine Dental Service Corporation located?
Maine Dental Service Corporation is headquartered in Concord, New Hampshire and files with the IRS under EIN 10286541.
How many years of IRS 990 filings does Maine Dental Service Corporation have?
Maine Dental Service Corporation has 13 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 $210.8M in total revenue.
How does Maine Dental Service Corporation manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $100 million in annual revenue is highly unusual. It suggests either a unique volunteer-based leadership model, or that executive compensation is categorized differently within their financial statements, not falling under the 'officer compensation' line item as typically understood.
What are the specific program service expenses versus administrative and fundraising costs?
While the provided data indicates strong overall program spending due to high total expenses relative to revenue, the exact breakdown of program, administrative, and fundraising costs is not detailed. Further investigation into the full 990 forms would be necessary to ascertain these specific percentages.
What is the nature of the 'Maine Dental Service Corporation' given its NTEE code is unknown and it's located in NH?
The NTEE code being unknown and the organization being located in Concord, NH, despite its name 'Maine Dental Service Corporation,' suggests it might be a dental insurance provider or a service organization supporting dental health in Maine, but incorporated or headquartered in New Hampshire. Clarification on its exact operational model and geographic focus would be beneficial.
Filing History
IRS 990 filing history for Maine Dental Service Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Dental Service Corporation's revenue has grown by 117.2%, moving from $85.1M to $184.8M. Total assets increased by 115.1% over the same period, from $38.8M to $83.5M. Total functional expenses rose by 114.1%, from $82.7M to $177.0M. In its most recent filing year (2023), Maine Dental Service Corporation reported a surplus of $7.8M, with revenue exceeding expenses. The organization holds $8.0M in liabilities against $83.5M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $75.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184.8M | $177.0M | $83.5M | $8.0M | — | — |
| 2022 | $164.3M | $160.4M | $75.6M | $7.6M | — | View 990 |
| 2021 | $148.2M | $143.8M | $78.1M | $7.7M | — | View 990 |
| 2020 | $124.2M | $119.8M | $71.5M | $7.8M | — | View 990 |
| 2019 | $130.1M | $130.8M | $62.0M | $6.1M | — | — |
| 2018 | $127.8M | $126.8M | $56.6M | $4.9M | — | View 990 |
| 2017 | $124.7M | $118.7M | $59.7M | $6.2M | — | View 990 |
| 2016 | $114.8M | $111.3M | $53.9M | $6.8M | — | View 990 |
| 2015 | $112.3M | $110.3M | $49.3M | $6.5M | — | View 990 |
| 2014 | $104.2M | $103.1M | $48.4M | $6.7M | — | View 990 |
| 2013 | $88.3M | $86.9M | $44.5M | $4.5M | — | View 990 |
| 2012 | $86.1M | $83.4M | $41.2M | $4.3M | — | View 990 |
| 2011 | $85.1M | $82.7M | $38.8M | $5.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $184.8M, expenses of $177.0M, and assets of $83.5M (revenue +12.5% year-over-year).
- 2022: Revenue of $164.3M, expenses of $160.4M, and assets of $75.6M (revenue +10.9% year-over-year).
- 2021: Revenue of $148.2M, expenses of $143.8M, and assets of $78.1M (revenue +19.3% year-over-year).
- 2020: Revenue of $124.2M, expenses of $119.8M, and assets of $71.5M (revenue -4.6% year-over-year).
- 2019: Revenue of $130.1M, expenses of $130.8M, and assets of $62.0M (revenue +1.8% year-over-year).
- 2018: Revenue of $127.8M, expenses of $126.8M, and assets of $56.6M (revenue +2.5% year-over-year).
- 2017: Revenue of $124.7M, expenses of $118.7M, and assets of $59.7M (revenue +8.7% year-over-year).
- 2016: Revenue of $114.8M, expenses of $111.3M, and assets of $53.9M (revenue +2.2% year-over-year).
- 2015: Revenue of $112.3M, expenses of $110.3M, and assets of $49.3M (revenue +7.7% year-over-year).
- 2014: Revenue of $104.2M, expenses of $103.1M, and assets of $48.4M (revenue +18.0% year-over-year).
- 2013: Revenue of $88.3M, expenses of $86.9M, and assets of $44.5M (revenue +2.6% year-over-year).
- 2012: Revenue of $86.1M, expenses of $83.4M, and assets of $41.2M (revenue +1.2% year-over-year).
- 2011: Revenue of $85.1M, expenses of $82.7M, and assets of $38.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Dental Service Corporation:
Data Sources and Methodology
This transparency report for Maine Dental Service Corporation 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.