Mid Coast Hunger Prevention Program Inc
Mid Coast Hunger Prevention Program Inc shows consistent growth and zero reported officer compensation over multiple years.
EIN: 10492643 · Brunswick, ME · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.6M |
| Total Expenses | $5.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.0M |
| Transparency Score | 95/100 |
Is Mid Coast Hunger Prevention Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mid Coast Hunger Prevention Program Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mid Coast Hunger Prevention Program Inc
Mid Coast Hunger Prevention Program Inc (EIN: 10492643) is a nonprofit organization based in Brunswick, ME, classified under NTEE code Z99. The organization reported total revenue of $7.6M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Coast Hunger Prevention Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Coast Hunger Prevention Program Inc is a mid-size nonprofit that has been operating for 31 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 21.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-243,424 |
| Total Assets | $4.4M |
| Total Liabilities | $484K |
| Net Assets | $4.0M |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2024, Mid Coast Hunger Prevention Program Inc reported a deficit of $243K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Mid Coast Hunger Prevention Program Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.9% | +7.7% | -8.0% |
| 2023 | +21.4% | +20.9% | +21.5% |
| 2022 | -8.0% | +22.7% | +1.3% |
| 2021 | +32.8% | +13.1% | +56.0% |
| 2020 | +32.6% | +11.0% | +36.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Mid Coast Hunger Prevention Program Inc with a Mission Score of 95 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, Mid Coast Hunger Prevention Program 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $243K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.9%.
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 $5 million. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, warranting further inquiry for complete transparency.
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 Mid Coast Hunger Prevention Program Inc's IRS 990 filings:
- Unusually low reported officer compensation (0%) for an organization of this size, which might indicate compensation is reported under other categories or a fully volunteer executive team, requiring clarification for full transparency.
Strengths
The following positive indicators were identified for Mid Coast Hunger Prevention Program Inc:
- Consistent revenue growth, indicating increasing support and impact (e.g., from $3.7M in 2020 to $5.5M in 2024).
- Strong asset growth, enhancing long-term financial stability (e.g., from $2.5M in 2020 to $4.4M in 2024).
- Excellent transparency regarding officer compensation, consistently reporting 0% across all filings.
- Responsible financial management, with expenses generally aligned with or below revenue.
- Long filing history (14 filings), suggesting sustained operation and compliance.
Frequently Asked Questions about Mid Coast Hunger Prevention Program Inc
Is Mid Coast Hunger Prevention Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid Coast Hunger Prevention Program Inc (EIN: 10492643) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Mid Coast Hunger Prevention Program Inc spend its money?
Mid Coast Hunger Prevention Program Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mid Coast Hunger Prevention Program Inc tax-deductible?
Mid Coast Hunger Prevention Program Inc is registered as a tax-exempt nonprofit (EIN: 10492643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mid Coast Hunger Prevention Program Inc CEO make?
Mid Coast Hunger Prevention Program Inc's highest-compensated officer earns $5 annually. The organization reported $7.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mid Coast Hunger Prevention Program Inc's spending goes to programs?
Mid Coast Hunger Prevention Program Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mid Coast Hunger Prevention Program Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Mid Coast Hunger Prevention Program Inc is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mid Coast Hunger Prevention Program Inc located?
Mid Coast Hunger Prevention Program Inc is headquartered in Brunswick, Maine and files with the IRS under EIN 10492643. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Mid Coast Hunger Prevention Program Inc have?
Mid Coast Hunger Prevention Program Inc has 14 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 $7.6M in total revenue.
Is Mid Coast Hunger Prevention Program Inc a good charity?
Based on the provided data, Mid Coast Hunger Prevention Program Inc appears to be a very good charity. It demonstrates strong financial growth, responsible spending (expenses generally align with or are less than revenue), and exceptional transparency regarding executive compensation (0% reported).
How has the organization's revenue grown over the past five years?
The organization's revenue has grown significantly, from $3,764,316 in 2020 to $5,533,812 in 2024, representing an increase of approximately 47%.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend, increasing from $2,510,521 in 2020 to $4,437,318 in 2024, indicating growing financial strength and capacity.
Filing History
IRS 990 filing history for Mid Coast Hunger Prevention Program Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Mid Coast Hunger Prevention Program Inc's revenue has grown by 1150.9%, moving from $442K to $5.5M. Total assets increased by 319.9% over the same period, from $1.1M to $4.4M. Total functional expenses rose by 1453.3%, from $372K to $5.8M. In its most recent filing year (2024), Mid Coast Hunger Prevention Program Inc reported a deficit of $243K, with expenses exceeding revenue. The organization holds $484K in liabilities against $4.4M in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.5M | $5.8M | $4.4M | $484K | — | View 990 |
| 2023 | $5.6M | $5.4M | $4.8M | $667K | — | View 990 |
| 2022 | $4.6M | $4.4M | $4.0M | $81K | — | View 990 |
| 2021 | $5.0M | $3.6M | $3.9M | $89K | — | View 990 |
| 2020 | $3.8M | $3.2M | $2.5M | $164K | — | View 990 |
| 2019 | $2.8M | $2.9M | $1.8M | $64K | — | View 990 |
| 2018 | $3.0M | $3.0M | $1.9M | $51K | — | View 990 |
| 2017 | $2.4M | $2.7M | $1.9M | $111K | — | View 990 |
| 2016 | $2.7M | $2.1M | $2.0M | $41K | — | View 990 |
| 2015 | $805K | $697K | $1.4M | $41K | — | View 990 |
| 2014 | $280K | $277K | $1.3M | $14K | — | View 990 |
| 2013 | $614K | $488K | $1.3M | $18K | — | View 990 |
| 2012 | $499K | $414K | $1.1M | $7K | — | View 990 |
| 2011 | $442K | $372K | $1.1M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.5M, expenses of $5.8M, and assets of $4.4M (revenue -0.9% year-over-year).
- 2023: Revenue of $5.6M, expenses of $5.4M, and assets of $4.8M (revenue +21.4% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.4M, and assets of $4.0M (revenue -8.0% year-over-year).
- 2021: Revenue of $5.0M, expenses of $3.6M, and assets of $3.9M (revenue +32.8% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.2M, and assets of $2.5M (revenue +32.6% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.9M, and assets of $1.8M (revenue -5.4% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.0M, and assets of $1.9M (revenue +23.1% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.7M, and assets of $1.9M (revenue -8.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.1M, and assets of $2.0M (revenue +230.2% year-over-year).
- 2015: Revenue of $805K, expenses of $697K, and assets of $1.4M (revenue +187.8% year-over-year).
- 2014: Revenue of $280K, expenses of $277K, and assets of $1.3M (revenue -54.5% year-over-year).
- 2013: Revenue of $614K, expenses of $488K, and assets of $1.3M (revenue +23.1% year-over-year).
- 2012: Revenue of $499K, expenses of $414K, and assets of $1.1M (revenue +12.8% year-over-year).
- 2011: Revenue of $442K, expenses of $372K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Coast Hunger Prevention Program Inc:
Data Sources and Methodology
This transparency report for Mid Coast Hunger Prevention Program 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.