Martins Point Health Care Inc
Martins Point Health Care Inc consistently generates significant revenue and maintains a healthy financial surplus.
EIN: 10353275 · Portland, ME · NTEE: E320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $596.6M |
| Total Expenses | $518.3M |
| Program Spending | 90% |
| Net Assets | $371.7M |
| Transparency Score | 85/100 |
Is Martins Point Health Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Martins Point Health Care Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Martins Point Health Care Inc
Martins Point Health Care Inc (EIN: 10353275) is a nonprofit organization based in Portland, ME, classified under NTEE code E320. The organization reported total revenue of $596.6M and total assets of $575.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Martins Point Health Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Martins Point Health Care Inc is a major nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $545.6M |
| Total Expenses | $518.3M |
| Surplus / Deficit | +$27.3M |
| Total Assets | $496.5M |
| Total Liabilities | $124.8M |
| Net Assets | $371.7M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Martins Point Health Care Inc reported a surplus of $27.3M with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Martins Point Health Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +4.0% | -0.2% |
| 2022 | -4.7% | +4.1% | -5.6% |
| 2021 | +16.7% | +10.8% | +11.4% |
| 2020 | +-0.0% | -3.4% | +28.2% |
| 2019 | +6.8% | +4.9% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Martins Point Health Care Inc 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
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Martins Point Health Care Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $27.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
The provided data consistently reports 0% for 'Officer Comp' across all filing periods, suggesting that executive compensation is either not paid, paid by a related entity, or not categorized under this specific line item in the summarized data. This is unusual for an organization of this size and warrants further investigation into the full 990 forms to understand the complete compensation structure.
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 Martins Point Health Care Inc's IRS 990 filings:
- Lack of detailed expense breakdown in summary data
- Unusual consistent 0% officer compensation reported
Strengths
The following positive indicators were identified for Martins Point Health Care Inc:
- Consistent revenue growth over multiple years
- Strong asset base relative to liabilities
- Consistent positive net income/surplus
- Significant scale of operations (latest revenue $596,590,591)
Frequently Asked Questions about Martins Point Health Care Inc
Is Martins Point Health Care Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Martins Point Health Care Inc (EIN: 10353275) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Martins Point Health Care Inc spend its money?
Martins Point Health Care Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Martins Point Health Care Inc tax-deductible?
Martins Point Health Care Inc is registered as a tax-exempt nonprofit (EIN: 10353275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Martins Point Health Care Inc's spending goes to programs?
Martins Point Health Care Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Martins Point Health Care Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Martins Point Health Care Inc is above average for NTEE category E320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Martins Point Health Care Inc located?
Martins Point Health Care Inc is headquartered in Portland, Maine and files with the IRS under EIN 10353275. It is classified under NTEE code E320.
How many years of IRS 990 filings does Martins Point Health Care Inc have?
Martins Point Health Care 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 $596.6M in total revenue.
How does Martins Point Health Care Inc allocate its expenses between program services, administration, and fundraising?
While specific percentages are not detailed in the provided summary, the consistent surplus (e.g., $545,592,486 revenue vs. $518,281,788 expenses in 202312) suggests a generally efficient operation. A deeper dive into the full 990 forms would be needed for precise allocation.
What is the reason for the consistent 0% reported officer compensation?
The consistent reporting of 0% for 'Officer Comp' across all filings is atypical for an organization of this scale. This could indicate that compensation is paid by a related entity, or structured in a way not captured by this specific summary metric. Full 990s would clarify this.
What is the organization's strategy for managing its significant assets and liabilities?
Martins Point Health Care Inc maintains substantial assets (e.g., $575,909,759 latest) relative to its liabilities (e.g., $124,797,551 in 202312). This indicates a strong balance sheet and likely a conservative approach to financial management, ensuring long-term stability.
Filing History
IRS 990 filing history for Martins Point Health Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Martins Point Health Care Inc's revenue has grown by 38.1%, moving from $395.1M to $545.6M. Total assets increased by 67.3% over the same period, from $296.7M to $496.5M. Total functional expenses rose by 34.4%, from $385.5M to $518.3M. In its most recent filing year (2023), Martins Point Health Care Inc reported a surplus of $27.3M, with revenue exceeding expenses. The organization holds $124.8M in liabilities against $496.5M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $371.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $545.6M | $518.3M | $496.5M | $124.8M | — | — |
| 2022 | $525.1M | $498.5M | $497.7M | $145.6M | — | View 990 |
| 2021 | $551.0M | $478.8M | $527.5M | $123.9M | — | View 990 |
| 2020 | $472.1M | $432.0M | $473.3M | $109.3M | — | — |
| 2019 | $472.4M | $447.4M | $369.2M | $68.3M | — | View 990 |
| 2018 | $442.3M | $426.6M | $335.7M | $76.1M | — | View 990 |
| 2017 | $424.6M | $408.8M | $345.8M | $79.0M | — | — |
| 2016 | $402.7M | $382.7M | $293.5M | $72.4M | — | View 990 |
| 2015 | $653.0M | $647.4M | $336.8M | $87.5M | — | View 990 |
| 2014 | $582.6M | $575.1M | $351.3M | $81.4M | — | View 990 |
| 2013 | $494.6M | $498.1M | $342.0M | $78.4M | — | View 990 |
| 2012 | $467.6M | $454.8M | $328.4M | $75.0M | — | View 990 |
| 2011 | $395.1M | $385.5M | $296.7M | $66.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $545.6M, expenses of $518.3M, and assets of $496.5M (revenue +3.9% year-over-year).
- 2022: Revenue of $525.1M, expenses of $498.5M, and assets of $497.7M (revenue -4.7% year-over-year).
- 2021: Revenue of $551.0M, expenses of $478.8M, and assets of $527.5M (revenue +16.7% year-over-year).
- 2020: Revenue of $472.1M, expenses of $432.0M, and assets of $473.3M (revenue +-0.0% year-over-year).
- 2019: Revenue of $472.4M, expenses of $447.4M, and assets of $369.2M (revenue +6.8% year-over-year).
- 2018: Revenue of $442.3M, expenses of $426.6M, and assets of $335.7M (revenue +4.2% year-over-year).
- 2017: Revenue of $424.6M, expenses of $408.8M, and assets of $345.8M (revenue +5.4% year-over-year).
- 2016: Revenue of $402.7M, expenses of $382.7M, and assets of $293.5M (revenue -38.3% year-over-year).
- 2015: Revenue of $653.0M, expenses of $647.4M, and assets of $336.8M (revenue +12.1% year-over-year).
- 2014: Revenue of $582.6M, expenses of $575.1M, and assets of $351.3M (revenue +17.8% year-over-year).
- 2013: Revenue of $494.6M, expenses of $498.1M, and assets of $342.0M (revenue +5.8% year-over-year).
- 2012: Revenue of $467.6M, expenses of $454.8M, and assets of $328.4M (revenue +18.4% year-over-year).
- 2011: Revenue of $395.1M, expenses of $385.5M, and assets of $296.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Martins Point Health Care Inc:
Data Sources and Methodology
This transparency report for Martins Point Health Care 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.