Maine Hospice Council Inc
Maine Hospice Council Inc. frequently spends more than it earns, with fluctuating revenues and minimal assets.
EIN: 10456521 · Augusta, ME · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $167K |
| Program Spending | 80% |
| Net Assets | $-2,040 |
| Transparency Score | 70/100 |
Is Maine Hospice Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Hospice Council Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Hospice Council Inc
Maine Hospice Council Inc (EIN: 10456521) is a nonprofit organization based in Augusta, ME, classified under NTEE code Z99Z. The organization reported total revenue of $107K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Hospice Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Hospice Council Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $167K |
| Surplus / Deficit | $-40,659 |
| Total Assets | $7K |
| Total Liabilities | $10K |
| Net Assets | $-2,040 |
| Operating Margin | -32.1% |
| Debt-to-Asset Ratio | 127.3% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Maine Hospice Council Inc reported a deficit of $41K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 127.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Hospice Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.6% | +20.7% | -86.2% |
| 2022 | -25.3% | -3.0% | -19.9% |
| 2021 | +63.4% | +17.7% | +128.0% |
| 2020 | +10.4% | -8.7% | +3199.9% |
| 2019 | -18.2% | -22.6% | -92.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Hospice Council Inc with a Mission Score of 70 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, Maine Hospice Council Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 127.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is a strong positive for an organization of its size, ensuring that all available funds are directed towards operational and programmatic expenses.
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 Hospice Council Inc's IRS 990 filings:
- Frequent deficit spending (expenses exceeding revenue), as seen in 2023 ($167,136 expenses vs. $126,477 revenue).
- Consistently low asset base, with latest assets at $7,465, providing minimal financial reserves.
- Significant fluctuations in liabilities, sometimes exceeding assets, indicating potential financial strain in past years.
Strengths
The following positive indicators were identified for Maine Hospice Council Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in executive spending.
- Long operational history with 13 filings, suggesting resilience despite financial challenges.
- Periods of strong revenue generation, such as $248,769 in 2014 and $215,851 in 2021, demonstrating capacity for fundraising.
Frequently Asked Questions about Maine Hospice Council Inc
Is Maine Hospice Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Hospice Council Inc (EIN: 10456521) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Maine Hospice Council Inc spend its money?
Maine Hospice Council Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Hospice Council Inc tax-deductible?
Maine Hospice Council Inc is registered as a tax-exempt nonprofit (EIN: 10456521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Maine Hospice Council Inc's spending goes to programs?
Maine Hospice Council Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maine Hospice Council Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Maine Hospice Council Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Hospice Council Inc located?
Maine Hospice Council Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10456521. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Maine Hospice Council Inc have?
Maine Hospice Council Inc 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 $107K in total revenue.
Is Maine Hospice Council Inc. financially stable?
The organization's financial stability is questionable given its history of expenses frequently exceeding revenue, such as in 2023 where expenses were $167,136 against revenues of $126,477. Its assets are also consistently low, with the latest at $7,465, which provides little buffer for operational needs.
How does Maine Hospice Council Inc. manage its liabilities?
Liabilities have fluctuated significantly, reaching a high of $86,431 in 2020 and $68,498 in 2019, often exceeding assets. While liabilities have decreased in recent years to $9,505 in 2023, the historical trend suggests periods of significant debt relative to its size.
What is the trend in the organization's revenue?
Revenue has been inconsistent, with peaks like $248,769 in 2014 and $215,851 in 2021, but also dips to $119,616 in 2019 and $126,477 in 2023. There isn't a clear upward or downward trend, indicating variability in funding sources or fundraising success.
Filing History
IRS 990 filing history for Maine Hospice Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Hospice Council Inc's revenue has declined by 54.4%, moving from $277K to $126K. Total assets decreased by 44.6% over the same period, from $13K to $7K. Total functional expenses fell by 34.9%, from $257K to $167K. In its most recent filing year (2023), Maine Hospice Council Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $10K in liabilities against $7K in assets (debt-to-asset ratio: 127.3%), resulting in net assets of $-2,040.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $167K | $7K | $10K | — | View 990 |
| 2022 | $161K | $139K | $54K | $16K | — | View 990 |
| 2021 | $216K | $143K | $68K | $51K | — | — |
| 2020 | $132K | $121K | $30K | $86K | — | — |
| 2019 | $120K | $133K | $898 | $68K | — | View 990 |
| 2018 | $146K | $172K | $11K | $66K | — | View 990 |
| 2017 | $150K | $185K | $11K | $40K | — | View 990 |
| 2016 | $210K | $202K | $14K | $9K | — | View 990 |
| 2015 | $139K | $177K | $7K | $10K | — | View 990 |
| 2014 | $249K | $223K | $36K | $297 | — | View 990 |
| 2013 | $201K | $195K | $15K | $6K | — | View 990 |
| 2012 | $209K | $217K | $4K | $2K | — | View 990 |
| 2011 | $277K | $257K | $13K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $167K, and assets of $7K (revenue -21.6% year-over-year).
- 2022: Revenue of $161K, expenses of $139K, and assets of $54K (revenue -25.3% year-over-year).
- 2021: Revenue of $216K, expenses of $143K, and assets of $68K (revenue +63.4% year-over-year).
- 2020: Revenue of $132K, expenses of $121K, and assets of $30K (revenue +10.4% year-over-year).
- 2019: Revenue of $120K, expenses of $133K, and assets of $898 (revenue -18.2% year-over-year).
- 2018: Revenue of $146K, expenses of $172K, and assets of $11K (revenue -2.7% year-over-year).
- 2017: Revenue of $150K, expenses of $185K, and assets of $11K (revenue -28.6% year-over-year).
- 2016: Revenue of $210K, expenses of $202K, and assets of $14K (revenue +51.9% year-over-year).
- 2015: Revenue of $139K, expenses of $177K, and assets of $7K (revenue -44.3% year-over-year).
- 2014: Revenue of $249K, expenses of $223K, and assets of $36K (revenue +23.5% year-over-year).
- 2013: Revenue of $201K, expenses of $195K, and assets of $15K (revenue -3.6% year-over-year).
- 2012: Revenue of $209K, expenses of $217K, and assets of $4K (revenue -24.7% year-over-year).
- 2011: Revenue of $277K, expenses of $257K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Hospice Council Inc:
Data Sources and Methodology
This transparency report for Maine Hospice Council Inc 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.