Maine Mental Health Connections Inc
Maine Mental Health Connections Inc. consistently operates with a surplus and has no reported officer compensation.
EIN: 10376510 · Bangor, ME · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $689K |
| Total Expenses | $616K |
| Program Spending | 90% |
| Net Assets | $340K |
| Transparency Score | 90/100 |
Is Maine Mental Health Connections Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Mental Health Connections Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Mental Health Connections Inc
Maine Mental Health Connections Inc (EIN: 10376510) is a nonprofit organization based in Bangor, ME, classified under NTEE code P820. The organization reported total revenue of $689K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Mental Health Connections Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Mental Health Connections Inc is a small 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 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $639K |
| Total Expenses | $616K |
| Surplus / Deficit | +$23K |
| Total Assets | $466K |
| Total Liabilities | $126K |
| Net Assets | $340K |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 27.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Maine Mental Health Connections Inc reported a surplus of $23K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 27.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Maine Mental Health Connections Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +17.4% | -5.2% |
| 2022 | +7.5% | +14.2% | +21.6% |
| 2021 | +3.5% | -8.4% | +7.2% |
| 2020 | -27.9% | -23.4% | +57.6% |
| 2019 | +11.5% | +19.7% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Mental Health Connections Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Maine Mental Health Connections Inc 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:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a highly efficient use of funds, with resources likely directed entirely towards program delivery and operational costs rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Maine Mental Health Connections Inc:
- Consistent revenue exceeding expenses, indicating financial stability (e.g., $639,015 revenue vs. $616,251 expenses in 202306).
- No reported officer compensation across all filings, suggesting high program efficiency and lean administrative costs.
- Significant growth in assets over time, from $111,903 in 201706 to $465,532 in 202306, demonstrating strong financial management.
- Regular and consistent IRS 990 filings over 12 periods, indicating good transparency.
- Manageable liabilities relative to assets, contributing to overall financial health (e.g., $125,568 liabilities vs. $465,532 assets in 202306).
Frequently Asked Questions about Maine Mental Health Connections Inc
Is Maine Mental Health Connections Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maine Mental Health Connections Inc (EIN: 10376510) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Maine Mental Health Connections Inc spend its money?
Maine Mental Health Connections Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maine Mental Health Connections Inc tax-deductible?
Maine Mental Health Connections Inc is registered as a tax-exempt nonprofit (EIN: 10376510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Maine Mental Health Connections Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Maine Mental Health Connections Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maine Mental Health Connections Inc located?
Maine Mental Health Connections Inc is headquartered in Bangor, Maine and files with the IRS under EIN 10376510. It is classified under NTEE code P820.
How many years of IRS 990 filings does Maine Mental Health Connections Inc have?
Maine Mental Health Connections Inc 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 $689K in total revenue.
Is Maine Mental Health Connections Inc. financially stable?
Yes, the organization has consistently reported revenues exceeding expenses in recent years (e.g., $639,015 revenue vs. $616,251 expenses in 202306) and has shown significant asset growth from $111,903 in 201706 to $465,532 in 202306.
How does Maine Mental Health Connections Inc. manage executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that no executives receive salaries from the organization, which is a strong indicator of efficient resource allocation.
Has the organization's financial health improved over time?
Yes, the organization has seen consistent revenue growth from $339,453 in 201506 to $639,015 in 202306, and assets have grown substantially from $117,622 in 201506 to $465,532 in 202306, while maintaining manageable liabilities.
Filing History
IRS 990 filing history for Maine Mental Health Connections Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Maine Mental Health Connections Inc's revenue has grown by 57.4%, moving from $406K to $639K. Total assets increased by 221% over the same period, from $145K to $466K. Total functional expenses rose by 49.5%, from $412K to $616K. In its most recent filing year (2023), Maine Mental Health Connections Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $126K in liabilities against $466K in assets (debt-to-asset ratio: 27.0%), resulting in net assets of $340K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $639K | $616K | $466K | $126K | — | View 990 |
| 2022 | $562K | $525K | $491K | $174K | — | View 990 |
| 2021 | $523K | $460K | $404K | $124K | — | — |
| 2020 | $506K | $502K | $377K | $161K | — | View 990 |
| 2019 | $702K | $655K | $239K | $27K | — | View 990 |
| 2018 | $630K | $547K | $194K | $30K | — | View 990 |
| 2017 | $454K | $465K | $112K | $30K | — | View 990 |
| 2016 | $461K | $467K | $125K | $32K | — | View 990 |
| 2015 | $339K | $347K | $118K | $19K | — | View 990 |
| 2014 | $344K | $347K | $125K | $19K | — | View 990 |
| 2013 | $356K | $365K | $127K | $18K | — | View 990 |
| 2012 | $406K | $412K | $145K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $639K, expenses of $616K, and assets of $466K (revenue +13.6% year-over-year).
- 2022: Revenue of $562K, expenses of $525K, and assets of $491K (revenue +7.5% year-over-year).
- 2021: Revenue of $523K, expenses of $460K, and assets of $404K (revenue +3.5% year-over-year).
- 2020: Revenue of $506K, expenses of $502K, and assets of $377K (revenue -27.9% year-over-year).
- 2019: Revenue of $702K, expenses of $655K, and assets of $239K (revenue +11.5% year-over-year).
- 2018: Revenue of $630K, expenses of $547K, and assets of $194K (revenue +38.7% year-over-year).
- 2017: Revenue of $454K, expenses of $465K, and assets of $112K (revenue -1.4% year-over-year).
- 2016: Revenue of $461K, expenses of $467K, and assets of $125K (revenue +35.7% year-over-year).
- 2015: Revenue of $339K, expenses of $347K, and assets of $118K (revenue -1.3% year-over-year).
- 2014: Revenue of $344K, expenses of $347K, and assets of $125K (revenue -3.3% year-over-year).
- 2013: Revenue of $356K, expenses of $365K, and assets of $127K (revenue -12.4% year-over-year).
- 2012: Revenue of $406K, expenses of $412K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Mental Health Connections Inc:
Data Sources and Methodology
This transparency report for Maine Mental Health Connections 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.