Midcoast Hospital Brunswick Auxiliary
Midcoast Hospital Brunswick Auxiliary maintains strong financial stability with zero liabilities and no officer compensation.
EIN: 10279581 · Brunswick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $48K |
| Program Spending | 90% |
| Net Assets | $260K |
| Transparency Score | 85/100 |
Is Midcoast Hospital Brunswick Auxiliary Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Midcoast Hospital Brunswick Auxiliary directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Midcoast Hospital Brunswick Auxiliary
Midcoast Hospital Brunswick Auxiliary (EIN: 10279581) is a nonprofit organization based in Brunswick, ME. The organization reported total revenue of $126K and total assets of $296K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midcoast Hospital Brunswick Auxiliary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midcoast Hospital Brunswick Auxiliary is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $48K |
| Surplus / Deficit | +$100K |
| Total Assets | $260K |
| Net Assets | $260K |
| Operating Margin | 67.6% |
| Months of Reserves | 65.2 months |
Financial Health Grade: A
In 2024, Midcoast Hospital Brunswick Auxiliary reported a surplus of $100K with revenue exceeding expenses, holds 65.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Midcoast Hospital Brunswick Auxiliary's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +94.6% | -56.6% | +59.3% |
| 2023 | -33.2% | +116.5% | -17.4% |
| 2022 | +63.0% | -50.2% | +46.4% |
| 2021 | -22.9% | -9.6% | -22.9% |
| 2020 | -39.2% | -2.1% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Midcoast Hospital Brunswick Auxiliary 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Midcoast Hospital Brunswick Auxiliary allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $100K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence and resource allocation.
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 Midcoast Hospital Brunswick Auxiliary's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific programmatic focus.
- Some years show expenses exceeding revenue (e.g., 202306, 202106, 202006, 201806), indicating potential reliance on reserves or fluctuating operational needs.
Strengths
The following positive indicators were identified for Midcoast Hospital Brunswick Auxiliary:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Maintains zero liabilities across all reported periods, demonstrating strong financial stability and low risk.
- Positive growth in assets over the past decade, from $183,208 in 201506 to $259,705 in 202406.
- Significant surplus in the latest filing period (202406) with revenue of $147,351 against expenses of $47,772.
Frequently Asked Questions about Midcoast Hospital Brunswick Auxiliary
Is Midcoast Hospital Brunswick Auxiliary a legitimate charity?
Midcoast Hospital Brunswick Auxiliary (EIN: 10279581) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $126K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Midcoast Hospital Brunswick Auxiliary spend its money?
Midcoast Hospital Brunswick Auxiliary directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Midcoast Hospital Brunswick Auxiliary tax-deductible?
Midcoast Hospital Brunswick Auxiliary is registered as a tax-exempt nonprofit (EIN: 10279581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Midcoast Hospital Brunswick Auxiliary's spending goes to programs?
Midcoast Hospital Brunswick Auxiliary directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Midcoast Hospital Brunswick Auxiliary located?
Midcoast Hospital Brunswick Auxiliary is headquartered in Brunswick, Maine and files with the IRS under EIN 10279581.
How many years of IRS 990 filings does Midcoast Hospital Brunswick Auxiliary have?
Midcoast Hospital Brunswick Auxiliary 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 $126K in total revenue.
Is Midcoast Hospital Brunswick Auxiliary a good charity?
Based on the provided data, Midcoast Hospital Brunswick Auxiliary appears to be a good charity. It consistently maintains zero liabilities, has growing assets, and reports no officer compensation, suggesting efficient use of funds and strong financial health.
How does the organization manage its expenses?
The organization generally manages its expenses well, often operating with a surplus, as seen in 202406 where revenue ($147,351) significantly exceeded expenses ($47,772). However, there are years where expenses exceeded revenue, such as 202306 ($75,710 revenue vs. $110,143 expenses), indicating some variability in operational costs relative to income.
What is the trend in the organization's assets?
The organization's assets have shown a positive trend, growing from $183,208 in 201506 to $259,705 in 202406, indicating sound financial management and accumulation of resources over time.
Filing History
IRS 990 filing history for Midcoast Hospital Brunswick Auxiliary showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Midcoast Hospital Brunswick Auxiliary's revenue has grown by 16.8%, moving from $126K to $147K. Total assets increased by 260.6% over the same period, from $72K to $260K. Total functional expenses fell by 60.2%, from $120K to $48K. In its most recent filing year (2024), Midcoast Hospital Brunswick Auxiliary reported a surplus of $100K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $147K | $48K | $260K | $0 | — | — |
| 2023 | $76K | $110K | $163K | $0 | — | View 990 |
| 2022 | $113K | $51K | $197K | $0 | — | View 990 |
| 2021 | $70K | $102K | $135K | $0 | — | View 990 |
| 2020 | $90K | $113K | $175K | $0 | — | View 990 |
| 2019 | $148K | $115K | $198K | $0 | — | View 990 |
| 2018 | $105K | $181K | $165K | $0 | — | View 990 |
| 2017 | $167K | $126K | $242K | $0 | — | View 990 |
| 2016 | $155K | $137K | $201K | $0 | — | View 990 |
| 2015 | $167K | $143K | $183K | $0 | — | View 990 |
| 2014 | $156K | $105K | $159K | $0 | — | View 990 |
| 2013 | $132K | $96K | $109K | $0 | — | View 990 |
| 2012 | $126K | $120K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $147K, expenses of $48K, and assets of $260K (revenue +94.6% year-over-year).
- 2023: Revenue of $76K, expenses of $110K, and assets of $163K (revenue -33.2% year-over-year).
- 2022: Revenue of $113K, expenses of $51K, and assets of $197K (revenue +63.0% year-over-year).
- 2021: Revenue of $70K, expenses of $102K, and assets of $135K (revenue -22.9% year-over-year).
- 2020: Revenue of $90K, expenses of $113K, and assets of $175K (revenue -39.2% year-over-year).
- 2019: Revenue of $148K, expenses of $115K, and assets of $198K (revenue +41.7% year-over-year).
- 2018: Revenue of $105K, expenses of $181K, and assets of $165K (revenue -37.2% year-over-year).
- 2017: Revenue of $167K, expenses of $126K, and assets of $242K (revenue +7.6% year-over-year).
- 2016: Revenue of $155K, expenses of $137K, and assets of $201K (revenue -7.3% year-over-year).
- 2015: Revenue of $167K, expenses of $143K, and assets of $183K (revenue +7.2% year-over-year).
- 2014: Revenue of $156K, expenses of $105K, and assets of $159K (revenue +17.7% year-over-year).
- 2013: Revenue of $132K, expenses of $96K, and assets of $109K (revenue +4.9% year-over-year).
- 2012: Revenue of $126K, expenses of $120K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midcoast Hospital Brunswick Auxiliary:
Data Sources and Methodology
This transparency report for Midcoast Hospital Brunswick Auxiliary 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.