Mount Desert Nursing Association

Mount Desert Nursing Association maintains stable finances with no reported officer compensation.

EIN: 10211798 · Ne Harbor, ME · NTEE: E90C · Updated: 2026-03-28

$2.6MRevenue
$2.2MGross Revenue
$1.9MAssets
92/100Mission Score (Excellent)
E90C
Mount Desert Nursing Association Financial Summary
MetricValue
Total Revenue$2.6M
Total Expenses$1.1M
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$907K
Transparency Score92/100

Is Mount Desert Nursing Association Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mount Desert Nursing Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mount Desert Nursing Association

Mount Desert Nursing Association (EIN: 10211798) is a nonprofit organization based in Ne Harbor, ME, classified under NTEE code E90C. The organization reported total revenue of $2.6M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mount Desert Nursing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

61Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Mount Desert Nursing Association is a mid-size nonprofit that has been operating for 61 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$1.1M
Surplus / Deficit$-19,611
Total Assets$966K
Total Liabilities$59K
Net Assets$907K
Operating Margin-1.9%
Debt-to-Asset Ratio6.1%
Months of Reserves10.9 months

Financial Health Grade: B

In 2023, Mount Desert Nursing Association reported a deficit of $20K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2023), Mount Desert Nursing Association's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.2%+10.7%+2.1%
2022-1.6%+15.0%-7.4%
2021-15.9%+9.2%+22.6%
2020+64.0%-5.7%+96.1%
2019-1.6%+24.3%-13.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1965

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mount Desert Nursing Association demonstrates consistent financial operations, with revenues generally covering expenses over the past several years. For instance, in 2023, expenses were $1,061,155 against revenues of $1,041,544, indicating a slight deficit but within a healthy operational range. The organization's assets have shown growth, reaching $966,208 in 2023, up from $425,423 in 2019, suggesting prudent financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's spending efficiency appears strong, particularly given the absence of reported officer compensation, which often consumes a notable portion of a nonprofit's budget. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health, characterized by stable revenues and growing assets, suggests effective resource utilization. The low liabilities relative to assets further underscore a sound financial position, minimizing financial risk. Transparency is high due to the consistent filing of IRS Form 990s over 14 periods and the clear disclosure of no officer compensation. This level of detail allows for a clear understanding of the organization's financial activities and its commitment to its stated purpose. The growth in assets and relatively stable expense-to-revenue ratios indicate a well-managed and financially responsible organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mount Desert Nursing Association 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

According to IRS 990 filings, Mount Desert Nursing Association 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:

$1.0MTotal Revenue
$1.1MTotal Expenses
$966KTotal Assets
$59KTotal Liabilities
$907KNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with revenues exceeding $1 million in recent years, and suggests a strong dedication to mission-focused spending.

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 Mount Desert Nursing Association:

Frequently Asked Questions about Mount Desert Nursing Association

Is Mount Desert Nursing Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Mount Desert Nursing Association (EIN: 10211798) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

How does Mount Desert Nursing Association spend its money?

Mount Desert Nursing Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Mount Desert Nursing Association tax-deductible?

Mount Desert Nursing Association is registered as a tax-exempt nonprofit (EIN: 10211798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Mount Desert Nursing Association CEO make?

Mount Desert Nursing Association's highest-compensated officer earns $1 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Mount Desert Nursing Association's spending goes to programs?

Mount Desert Nursing Association directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mount Desert Nursing Association compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Mount Desert Nursing Association is above average for NTEE category E90C nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mount Desert Nursing Association located?

Mount Desert Nursing Association is headquartered in Ne Harbor, Maine and files with the IRS under EIN 10211798. It is classified under NTEE code E90C.

How many years of IRS 990 filings does Mount Desert Nursing Association have?

Mount Desert Nursing Association 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 $2.6M in total revenue.

Is Mount Desert Nursing Association a good charity?

Based on the available financial data, Mount Desert Nursing Association appears to be a very good charity. It consistently reports 0% officer compensation, has stable revenues, growing assets (from $425,423 in 2019 to $966,208 in 2023), and low liabilities, all indicating strong financial health and a commitment to its mission.

How does Mount Desert Nursing Association manage its executive compensation?

Mount Desert Nursing Association reports 0% officer compensation in all available IRS 990 filings, meaning no officers received salaries or other compensation from the organization. This is a significant indicator of its dedication to directing funds towards its programs.

What is the trend in Mount Desert Nursing Association's assets?

The organization's assets have shown a positive growth trend, increasing from $425,423 in 2019 to $966,208 in 2023, indicating sound financial management and accumulation of resources.

Filing History

IRS 990 filing history for Mount Desert Nursing Association showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2023), Mount Desert Nursing Association's revenue has grown by 299.1%, moving from $261K to $1.0M. Total assets decreased by 17.1% over the same period, from $1.2M to $966K. Total functional expenses rose by 266.4%, from $290K to $1.1M. In its most recent filing year (2023), Mount Desert Nursing Association reported a deficit of $20K, with expenses exceeding revenue. The organization holds $59K in liabilities against $966K in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $907K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.0M $1.1M $966K $59K
2022 $971K $958K $947K $68K
2021 $987K $834K $1.0M $69K View 990
2020 $1.2M $764K $834K $27K
2019 $715K $810K $425K $17K View 990
2018 $727K $651K $489K $8K View 990
2017 $308K $447K $451K $10K
2016 $129K $206K $576K $8K View 990
2015 $194K $222K $627K $2K View 990
2014 $315K $230K $700K $2K View 990
2013 $192K $242K $573K $5K View 990
2012 $101K $123K $631K $8K View 990
2012 $222K $272K $648K $7K View 990
2011 $261K $290K $1.2M $10K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mount Desert Nursing Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mount Desert Nursing Association 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.

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