Milbridge Medical Center
Milbridge Medical Center consistently maintains strong financial health with growing assets and minimal liabilities.
EIN: 16021203 · Columbia Fls, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $14K |
| Program Spending | 90% |
| Net Assets | $628K |
| Transparency Score | 92/100 |
Is Milbridge Medical Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milbridge Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milbridge Medical Center
Milbridge Medical Center (EIN: 16021203) is a nonprofit organization based in Columbia Fls, ME. The organization reported total revenue of $57K and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milbridge Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milbridge Medical Center is a micro nonprofit that has been operating for 60 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $14K |
| Surplus / Deficit | +$25K |
| Total Assets | $628K |
| Net Assets | $628K |
| Operating Margin | 63.4% |
| Months of Reserves | 532.4 months |
Financial Health Grade: A
In 2023, Milbridge Medical Center reported a surplus of $25K with revenue exceeding expenses, holds 532.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Milbridge Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | -29.2% | +4.1% |
| 2022 | -31.7% | -28.6% | +2.4% |
| 2021 | +18.8% | +423.2% | +3.7% |
| 2020 | -21.0% | +3.2% | +6.0% |
| 2019 | +14.0% | -40.2% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Milbridge Medical Center with a Mission Score of 92 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, Milbridge Medical Center 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 $25K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting a volunteer-led organization or compensation levels below IRS reporting thresholds, which is highly efficient for a nonprofit of this size.
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 Milbridge Medical Center:
- Consistent positive net income and growing assets
- Elimination of liabilities in recent years ($0 in 2022 and 2023)
- No reported officer compensation, indicating high efficiency
- Strong financial stability with revenue consistently exceeding expenses
- Long history of consistent IRS 990 filings
Frequently Asked Questions about Milbridge Medical Center
Is Milbridge Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Milbridge Medical Center (EIN: 16021203) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Milbridge Medical Center spend its money?
Milbridge Medical Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Milbridge Medical Center tax-deductible?
Milbridge Medical Center is registered as a tax-exempt nonprofit (EIN: 16021203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Milbridge Medical Center's spending goes to programs?
Milbridge Medical Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Milbridge Medical Center located?
Milbridge Medical Center is headquartered in Columbia Fls, Maine and files with the IRS under EIN 16021203.
How many years of IRS 990 filings does Milbridge Medical Center have?
Milbridge Medical Center 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 $57K in total revenue.
Is Milbridge Medical Center a good charity?
Based on its financial data, Milbridge Medical Center appears to be a very well-managed and financially sound organization. It consistently generates surpluses, has growing assets, and has eliminated liabilities, all while reporting no officer compensation. This indicates a high degree of efficiency and dedication to its mission.
How has Milbridge Medical Center's financial health changed over time?
Milbridge Medical Center has shown consistent financial improvement over the past decade. Assets have grown from $483,665 in 2014 to $628,336 in 2023, and liabilities have been significantly reduced from $81,710 in 2014 to $0 in recent years. Revenue has generally outpaced expenses, leading to healthy surpluses.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or receives compensation below the IRS reporting threshold, which is a strong indicator of financial efficiency.
Filing History
IRS 990 filing history for Milbridge Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Milbridge Medical Center's revenue has grown by 36.5%, moving from $28K to $39K. In its most recent filing year (2023), Milbridge Medical Center reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $14K | $628K | $0 | — | View 990 |
| 2022 | $34K | $20K | $604K | $0 | — | View 990 |
| 2021 | $50K | $28K | $589K | $0 | — | — |
| 2020 | $42K | $5K | $568K | $2K | — | View 990 |
| 2019 | $54K | $5K | $536K | $7K | — | View 990 |
| 2018 | $47K | $9K | $502K | $21K | — | View 990 |
| 2017 | $39K | $18K | $479K | $36K | — | View 990 |
| 2016 | $41K | $43K | $473K | $51K | — | View 990 |
| 2015 | $34K | $13K | $490K | $66K | — | View 990 |
| 2014 | $37K | $8K | $484K | $82K | — | View 990 |
| 2013 | $38K | $31K | $471K | $97K | — | View 990 |
| 2012 | $31K | $9K | $479K | $112K | — | View 990 |
| 2011 | $28K | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $14K, and assets of $628K (revenue +12.5% year-over-year).
- 2022: Revenue of $34K, expenses of $20K, and assets of $604K (revenue -31.7% year-over-year).
- 2021: Revenue of $50K, expenses of $28K, and assets of $589K (revenue +18.8% year-over-year).
- 2020: Revenue of $42K, expenses of $5K, and assets of $568K (revenue -21.0% year-over-year).
- 2019: Revenue of $54K, expenses of $5K, and assets of $536K (revenue +14.0% year-over-year).
- 2018: Revenue of $47K, expenses of $9K, and assets of $502K (revenue +20.8% year-over-year).
- 2017: Revenue of $39K, expenses of $18K, and assets of $479K (revenue -5.2% year-over-year).
- 2016: Revenue of $41K, expenses of $43K, and assets of $473K (revenue +20.2% year-over-year).
- 2015: Revenue of $34K, expenses of $13K, and assets of $490K (revenue -6.2% year-over-year).
- 2014: Revenue of $37K, expenses of $8K, and assets of $484K (revenue -3.0% year-over-year).
- 2013: Revenue of $38K, expenses of $31K, and assets of $471K (revenue +22.0% year-over-year).
- 2012: Revenue of $31K, expenses of $9K, and assets of $479K (revenue +8.9% year-over-year).
- 2011: Revenue of $28K, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milbridge Medical Center:
Data Sources and Methodology
This transparency report for Milbridge Medical Center 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.