Northeast Hearing & Speech Center Inc

Northeast Hearing & Speech Center Inc shows consistent growth and strong program spending with no reported officer compensation.

EIN: 10228262 · Portland, ME · NTEE: E56Z · Updated: 2026-03-28

$2.2MRevenue
$4.2MAssets
92/100Mission Score (Excellent)
E56Z
Northeast Hearing & Speech Center Inc Financial Summary
MetricValue
Total Revenue$2.2M
Total Expenses$2.2M
Program Spending83%
CEO/Top Officer Pay$2
Net Assets$3.4M
Transparency Score92/100

Search Intent Cockpit

Northeast Hearing & Speech Center Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Northeast Hearing & Speech Center Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Northeast Hearing & Speech Center Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $2.6M and expenses of $2.2M.

Revenue and Expenses

Northeast Hearing & Speech Center Inc reported $2.6M in revenue and $2.2M in expenses, a surplus of $445K.

Executive Compensation

Top officer compensation appears as $2 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

92/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Northeast Hearing & Speech Center Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
83%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Northeast Hearing & Speech Center Inc Expense Deployment
Program services$1.8M (83%)

Across stored filings, Northeast Hearing & Speech Center Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Northeast Hearing & Speech Center Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend83% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Maine Composite Materials Applied Technology Development CenterMaine and Health context

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Northeast Hearing & Speech Center Inc directs 83% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northeast Hearing & Speech Center Inc

Northeast Hearing & Speech Center Inc (EIN: 10228262) is a nonprofit organization based in Portland, ME, classified under NTEE code E56Z. The organization reported total revenue of $2.2M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Hearing & Speech Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Northeast Hearing & Speech Center Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.6M
Total Expenses$2.2M
Surplus / Deficit+$445K
Total Assets$4.3M
Total Liabilities$951K
Net Assets$3.4M
Operating Margin16.9%
Debt-to-Asset Ratio21.9%
Months of Reserves23.8 months

Financial Health Grade: A

In 2023, Northeast Hearing & Speech Center Inc reported a surplus of $445K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Northeast Hearing & Speech Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.4%+1.3%+45.0%
2022-10.6%+5.3%-4.8%
2021+34.9%+5.0%+51.3%
2020-13.8%-6.4%+21.1%
2019+13.8%+9.8%+36.9%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1972

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

AI Transparency Report

Northeast Hearing & Speech Center Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past decade, revenue has steadily increased from $1,507,915 in 2014 to $2,635,300 in 2023, indicating a growing capacity to serve its mission. The organization consistently spends a high proportion of its expenses on program services, with an average of approximately 80-85% based on typical nonprofit operational breakdowns for similar organizations, suggesting effective use of funds for its core mission. The absence of reported officer compensation across all available filings is a notable indicator of financial transparency and a commitment to directing resources towards services rather than executive pay. Asset growth has been substantial, rising from $570,332 in 2014 to $4,334,987 in 2023, reflecting sound financial management and an increasing organizational capacity. While liabilities have fluctuated, the organization maintains a healthy asset-to-liability ratio, indicating financial stability. The consistent filing of IRS Form 990s over 13 periods further underscores a commitment to transparency and accountability, providing a clear historical record of its financial operations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northeast Hearing & Speech Center Inc 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: 12%
  • programs: 83%
  • fundraising: 5%

According to IRS 990 filings, Northeast Hearing & Speech Center Inc allocates its expenses as follows: admin: 12%, programs: 83%, fundraising: 5%. With 83% 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:

$2.6MTotal Revenue
$2.2MTotal Expenses
$4.3MTotal Assets
$951KTotal Liabilities
$3.4MNet Assets
  • The organization reported a surplus of $445K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 21.9%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is highly unusual for an organization of its size with over $2 million in annual revenue and over $4 million in assets. This suggests either a volunteer leadership model or compensation is covered by another entity, which warrants further investigation 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 Northeast Hearing & Speech Center Inc's IRS 990 filings:

  • Unusually low liabilities relative to assets in some periods (e.g., 202206: Assets $2,989,841, Liabilities $233,277) could indicate aggressive asset management or specific funding structures.
  • Zero reported officer compensation for an organization of this size is highly unusual and might warrant further inquiry into how leadership is supported or compensated, if at all, to ensure full transparency.

Strengths

The following positive indicators were identified for Northeast Hearing & Speech Center Inc:

  • Consistent revenue growth, from $1,507,915 in 2014 to $2,635,300 in 2023, demonstrates increasing capacity and sustainability.
  • Strong asset accumulation, growing from $570,332 in 2014 to $4,334,987 in 2023, indicates robust financial health and long-term stability.
  • Zero reported officer compensation across all filings suggests a high dedication to directing funds towards program services.
  • Healthy asset-to-liability ratio, with assets consistently far exceeding liabilities, indicates strong financial solvency.
  • Consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency and accountability.

Frequently Asked Questions about Northeast Hearing & Speech Center Inc

Is Northeast Hearing & Speech Center Inc a legitimate charity?

Northeast Hearing & Speech Center Inc (EIN: 10228262) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Northeast Hearing & Speech Center Inc spend its money?

Northeast Hearing & Speech Center Inc directs 83% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Northeast Hearing & Speech Center Inc tax-deductible?

Northeast Hearing & Speech Center Inc is registered as a tax-exempt nonprofit (EIN: 10228262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Northeast Hearing & Speech Center Inc CEO make?

Northeast Hearing & Speech Center Inc's highest-compensated officer earns $2 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Northeast Hearing & Speech Center Inc's spending goes to programs?

Northeast Hearing & Speech Center Inc directs 83% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Northeast Hearing & Speech Center Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Northeast Hearing & Speech Center Inc is above average for NTEE category E56Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Northeast Hearing & Speech Center Inc located?

Northeast Hearing & Speech Center Inc is headquartered in Portland, Maine and files with the IRS under EIN 10228262. It is classified under NTEE code E56Z.

How many years of IRS 990 filings does Northeast Hearing & Speech Center Inc have?

Northeast Hearing & Speech Center Inc 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 $2.2M in total revenue.

Is Northeast Hearing & Speech Center Inc a good charity?

Based on its financial data, Northeast Hearing & Speech Center Inc appears to be a very good charity. It demonstrates strong program spending, consistent revenue growth, healthy asset accumulation, and notably, zero reported officer compensation, all of which align with effective and responsible financial management.

How has the organization's financial health changed over the last decade?

The organization's financial health has significantly improved over the last decade. Revenue has grown from $1,507,915 in 2014 to $2,635,300 in 2023, and assets have increased nearly eightfold from $570,332 to $4,334,987 in the same period, indicating robust growth and stability.

What is the significance of 0% officer compensation?

The 0% officer compensation across all filings is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or compensated through an affiliated entity, allowing a greater proportion of funds to be directed towards program services. This is a strong indicator of dedication to the mission and efficient use of donor funds.

Filing History

IRS 990 filing history for Northeast Hearing & Speech Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northeast Hearing & Speech Center Inc's revenue has grown by 94.6%, moving from $1.4M to $2.6M. Total assets increased by 792.8% over the same period, from $486K to $4.3M. Total functional expenses rose by 54.7%, from $1.4M to $2.2M. In its most recent filing year (2023), Northeast Hearing & Speech Center Inc reported a surplus of $445K, with revenue exceeding expenses. The organization holds $951K in liabilities against $4.3M in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $3.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.6M $2.2M $4.3M $951K View 990
2022 $2.5M $2.2M $3.0M $233K View 990
2021 $2.9M $2.1M $3.1M $349K View 990
2020 $2.1M $2.0M $2.1M $527K View 990
2019 $2.5M $2.1M $1.7M $312K View 990
2018 $2.2M $1.9M $1.3M $243K View 990
2017 $1.8M $1.7M $891K $161K View 990
2016 $1.8M $1.7M $747K $168K View 990
2015 $1.8M $1.7M $636K $159K View 990
2014 $1.5M $1.6M $570K $186K View 990
2013 $1.6M $1.5M $610K $132K View 990
2012 $1.6M $1.5M $521K $105K View 990
2011 $1.4M $1.4M $486K $168K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $4.3M (revenue +3.4% year-over-year).
  • 2022: Revenue of $2.5M, expenses of $2.2M, and assets of $3.0M (revenue -10.6% year-over-year).
  • 2021: Revenue of $2.9M, expenses of $2.1M, and assets of $3.1M (revenue +34.9% year-over-year).
  • 2020: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M (revenue -13.8% year-over-year).
  • 2019: Revenue of $2.5M, expenses of $2.1M, and assets of $1.7M (revenue +13.8% year-over-year).
  • 2018: Revenue of $2.2M, expenses of $1.9M, and assets of $1.3M (revenue +17.3% year-over-year).
  • 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $891K (revenue -0.6% year-over-year).
  • 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $747K (revenue +5.0% year-over-year).
  • 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $636K (revenue +16.7% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $570K (revenue -5.5% year-over-year).
  • 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $610K (revenue -0.6% year-over-year).
  • 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $521K (revenue +18.5% year-over-year).
  • 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $486K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northeast Hearing & Speech Center Inc:

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 Northeast Hearing & Speech Center Inc 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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