Mount Desert Island Hospital
Mount Desert Island Hospital shows consistent asset growth and generally positive operating margins, with a recent slight deficit in 2023.
EIN: 10211797 · Bar Harbor, ME · NTEE: E22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $120.0M |
| Total Expenses | $88.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $80 |
| Net Assets | $49.6M |
| Transparency Score | 85/100 |
Is Mount Desert Island Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mount Desert Island Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mount Desert Island Hospital
Mount Desert Island Hospital (EIN: 10211797) is a nonprofit organization based in Bar Harbor, ME, classified under NTEE code E22Z. The organization reported total revenue of $120.0M and total assets of $106.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Desert Island Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mount Desert Island Hospital is a major nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85.5M |
| Total Expenses | $88.4M |
| Surplus / Deficit | $-2,964,473 |
| Total Assets | $80.0M |
| Total Liabilities | $30.5M |
| Net Assets | $49.6M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 38.1% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Mount Desert Island Hospital reported a deficit of $3.0M with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 38.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mount Desert Island Hospital's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | +11.2% | -5.1% |
| 2022 | +13.6% | +8.3% | +2.0% |
| 2021 | +14.2% | +2.9% | +26.8% |
| 2020 | +8.7% | +7.1% | +25.9% |
| 2019 | +10.1% | +12.2% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
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 Mount Desert Island Hospital 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mount Desert Island Hospital allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.1%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all listed periods, which is highly unusual for an organization with annual revenues exceeding $80 million. This suggests either that executive compensation is not reported under 'Officer Comp' in the provided summary or that the data is incomplete, making it difficult to assess compensation relative to the organization's size and mission.
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 Mount Desert Island Hospital's IRS 990 filings:
- Unexplained 0% officer compensation reported in summary data, impacting transparency assessment.
- Expenses exceeded revenue in the most recent 2023 filing period, indicating a short-term operating deficit.
Strengths
The following positive indicators were identified for Mount Desert Island Hospital:
- Consistent growth in assets over the past decade, from $49.5M in 2014 to $80M in 2023.
- Generally positive operating margins in most years, demonstrating financial stability.
- Significant revenue generation, with latest reported revenue at $119,999,417, indicating a large operational scale.
- Strong NTEE code (E22Z - General Hospitals) directly aligns with a clear public benefit mission.
Frequently Asked Questions about Mount Desert Island Hospital
Is Mount Desert Island Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount Desert Island Hospital (EIN: 10211797) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Mount Desert Island Hospital spend its money?
Mount Desert Island Hospital directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mount Desert Island Hospital tax-deductible?
Mount Desert Island Hospital is registered as a tax-exempt nonprofit (EIN: 10211797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mount Desert Island Hospital CEO make?
Mount Desert Island Hospital's highest-compensated officer earns $80 annually. The organization reported $120.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mount Desert Island Hospital's spending goes to programs?
Mount Desert Island Hospital directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mount Desert Island Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mount Desert Island Hospital is above average for NTEE category E22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mount Desert Island Hospital located?
Mount Desert Island Hospital is headquartered in Bar Harbor, Maine and files with the IRS under EIN 10211797. It is classified under NTEE code E22Z.
How many years of IRS 990 filings does Mount Desert Island Hospital have?
Mount Desert Island Hospital 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 $120.0M in total revenue.
Why is officer compensation reported as 0% across all filings?
The provided IRS 990 data consistently shows 0% for 'Officer Comp'. This is highly unusual for a hospital of this size and revenue, suggesting that executive compensation might be reported under a different category or that the summary data is incomplete regarding this specific detail. Further investigation into the full 990 forms would be necessary to understand executive compensation practices.
What caused the deficit in the 2023 fiscal period?
In the 2023 fiscal period, Mount Desert Island Hospital reported expenses of $88,439,225 against revenues of $85,474,752, resulting in a deficit. Without access to the detailed financial statements, it's not possible to pinpoint the exact causes, but common factors for hospitals include increased operational costs, lower patient volumes, or changes in reimbursement rates.
How does the hospital manage its liabilities?
The hospital's liabilities have fluctuated, from $28,955,798 in 2014 to a high of $43,151,350 in 2021, then decreasing to $30,469,070 in 2023. The ratio of liabilities to assets has generally remained manageable, indicating prudent financial management, though the increase in 2021 warrants closer examination.
Filing History
IRS 990 filing history for Mount Desert Island Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mount Desert Island Hospital's revenue has grown by 64.8%, moving from $51.9M to $85.5M. Total assets increased by 51.3% over the same period, from $52.9M to $80.0M. Total functional expenses rose by 71.8%, from $51.5M to $88.4M. In its most recent filing year (2023), Mount Desert Island Hospital reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $30.5M in liabilities against $80.0M in assets (debt-to-asset ratio: 38.1%), resulting in net assets of $49.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85.5M | $88.4M | $80.0M | $30.5M | — | View 990 |
| 2022 | $94.6M | $79.5M | $84.3M | $32.1M | — | View 990 |
| 2021 | $83.2M | $73.4M | $82.6M | $43.2M | — | View 990 |
| 2020 | $72.9M | $71.4M | $65.2M | $36.8M | — | View 990 |
| 2019 | $67.0M | $66.6M | $51.8M | $23.9M | — | View 990 |
| 2018 | $60.9M | $59.4M | $51.0M | $23.4M | — | View 990 |
| 2017 | $63.8M | $59.3M | $52.0M | $26.2M | — | View 990 |
| 2016 | $55.4M | $55.3M | $48.1M | $27.5M | — | View 990 |
| 2015 | $54.0M | $53.3M | $49.3M | $28.3M | — | View 990 |
| 2014 | $50.0M | $52.8M | $49.5M | $29.0M | — | View 990 |
| 2013 | $52.5M | $55.1M | $52.4M | $31.1M | — | View 990 |
| 2012 | $54.0M | $55.0M | $52.6M | $31.8M | — | View 990 |
| 2011 | $51.9M | $51.5M | $52.9M | $30.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85.5M, expenses of $88.4M, and assets of $80.0M (revenue -9.6% year-over-year).
- 2022: Revenue of $94.6M, expenses of $79.5M, and assets of $84.3M (revenue +13.6% year-over-year).
- 2021: Revenue of $83.2M, expenses of $73.4M, and assets of $82.6M (revenue +14.2% year-over-year).
- 2020: Revenue of $72.9M, expenses of $71.4M, and assets of $65.2M (revenue +8.7% year-over-year).
- 2019: Revenue of $67.0M, expenses of $66.6M, and assets of $51.8M (revenue +10.1% year-over-year).
- 2018: Revenue of $60.9M, expenses of $59.4M, and assets of $51.0M (revenue -4.6% year-over-year).
- 2017: Revenue of $63.8M, expenses of $59.3M, and assets of $52.0M (revenue +15.2% year-over-year).
- 2016: Revenue of $55.4M, expenses of $55.3M, and assets of $48.1M (revenue +2.7% year-over-year).
- 2015: Revenue of $54.0M, expenses of $53.3M, and assets of $49.3M (revenue +7.9% year-over-year).
- 2014: Revenue of $50.0M, expenses of $52.8M, and assets of $49.5M (revenue -4.8% year-over-year).
- 2013: Revenue of $52.5M, expenses of $55.1M, and assets of $52.4M (revenue -2.7% year-over-year).
- 2012: Revenue of $54.0M, expenses of $55.0M, and assets of $52.6M (revenue +4.1% year-over-year).
- 2011: Revenue of $51.9M, expenses of $51.5M, and assets of $52.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mount Desert Island Hospital:
Data Sources and Methodology
This transparency report for Mount Desert Island Hospital 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.