Milestone Recovery
Milestone Recovery shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 16024344 · Portland, ME · NTEE: F22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $5.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.4M |
| Transparency Score | 88/100 |
Is Milestone Recovery Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milestone Recovery directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milestone Recovery
Milestone Recovery (EIN: 16024344) is a nonprofit organization based in Portland, ME, classified under NTEE code F22Z. The organization reported total revenue of $9.4M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milestone Recovery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milestone Recovery is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.1M |
| Surplus / Deficit | +$67K |
| Total Assets | $3.6M |
| Total Liabilities | $2.2M |
| Net Assets | $1.4M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 60.8% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Milestone Recovery reported a surplus of $67K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 60.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Milestone Recovery's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +12.2% | +4.0% |
| 2022 | +31.0% | +27.4% | +15.0% |
| 2021 | +6.5% | +3.4% | +13.1% |
| 2020 | +3.3% | -2.4% | +16.7% |
| 2019 | -4.2% | +9.0% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1967 |
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 Milestone Recovery with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Milestone Recovery allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.8%.
Executive Compensation Analysis
Milestone Recovery consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $5 million in annual expenses. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the 990, requiring further scrutiny 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 Milestone Recovery's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and could indicate a lack of transparency in compensation reporting or an unusual operational model.
Strengths
The following positive indicators were identified for Milestone Recovery:
- Consistent revenue growth, increasing from $3.4M in 2019 to $5.1M in 2023.
- Healthy operating surpluses in recent years, such as $66,927 in 2023.
- Strong asset growth, from $2.2M in 2019 to $3.5M in 2023, indicating financial stability.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about Milestone Recovery
Is Milestone Recovery a legitimate charity?
Milestone Recovery (EIN: 16024344) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Milestone Recovery spend its money?
Milestone Recovery directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Milestone Recovery tax-deductible?
Milestone Recovery is registered as a tax-exempt nonprofit (EIN: 16024344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Milestone Recovery CEO make?
Milestone Recovery's highest-compensated officer earns $5 annually. The organization reported $9.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Milestone Recovery's spending goes to programs?
Milestone Recovery directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Milestone Recovery compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Milestone Recovery is above average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Milestone Recovery located?
Milestone Recovery is headquartered in Portland, Maine and files with the IRS under EIN 16024344. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Milestone Recovery have?
Milestone Recovery 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 $9.4M in total revenue.
How does Milestone Recovery manage to report 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean executive leadership is entirely volunteer, or their compensation is reported under different expense categories, which would require reviewing the full 990 forms for detailed functional expense breakdowns.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data doesn't offer a detailed functional expense breakdown, the overall financial health and consistent surpluses suggest efficient operations. A full IRS 990 would provide the specific percentages for program services, management and general, and fundraising expenses.
Is Milestone Recovery's asset growth sustainable?
Yes, Milestone Recovery's assets have grown consistently from $2,259,708 in 2019 to $3,563,005 in 2023, supported by consistent revenue growth and operating surpluses. This indicates a sustainable financial trajectory.
Filing History
IRS 990 filing history for Milestone Recovery showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Milestone Recovery's revenue has grown by 42.8%, moving from $3.6M to $5.1M. Total assets increased by 73.8% over the same period, from $2.1M to $3.6M. Total functional expenses rose by 42.2%, from $3.6M to $5.1M. In its most recent filing year (2023), Milestone Recovery reported a surplus of $67K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $3.6M in assets (debt-to-asset ratio: 60.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.1M | $3.6M | $2.2M | — | — |
| 2022 | $4.9M | $4.5M | $3.4M | $2.1M | — | View 990 |
| 2021 | $3.8M | $3.5M | $3.0M | $2.1M | — | View 990 |
| 2020 | $3.5M | $3.4M | $2.6M | $2.1M | — | View 990 |
| 2019 | $3.4M | $3.5M | $2.3M | $1.8M | — | View 990 |
| 2018 | $3.6M | $3.2M | $2.2M | $1.7M | — | View 990 |
| 2017 | $3.1M | $3.1M | $1.9M | $1.7M | — | View 990 |
| 2016 | $3.5M | $3.1M | $2.0M | $1.7M | — | View 990 |
| 2015 | $2.9M | $2.9M | $1.6M | $1.6M | — | View 990 |
| 2014 | $3.0M | $2.9M | $1.7M | $1.8M | — | View 990 |
| 2013 | $3.0M | $3.2M | $1.6M | $1.5M | — | View 990 |
| 2012 | $3.4M | $3.4M | $1.9M | $1.5M | — | View 990 |
| 2011 | $3.6M | $3.6M | $2.1M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.1M, and assets of $3.6M (revenue +4.1% year-over-year).
- 2022: Revenue of $4.9M, expenses of $4.5M, and assets of $3.4M (revenue +31.0% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.5M, and assets of $3.0M (revenue +6.5% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.4M, and assets of $2.6M (revenue +3.3% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.5M, and assets of $2.3M (revenue -4.2% year-over-year).
- 2018: Revenue of $3.6M, expenses of $3.2M, and assets of $2.2M (revenue +15.1% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.1M, and assets of $1.9M (revenue -11.3% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.1M, and assets of $2.0M (revenue +20.2% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $1.6M (revenue -3.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $1.7M (revenue +1.6% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.2M, and assets of $1.6M (revenue -11.6% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.4M, and assets of $1.9M (revenue -6.3% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.6M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milestone Recovery:
Data Sources and Methodology
This transparency report for Milestone Recovery 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.