Northern Maine General

Northern Maine General faces multi-year financial deficits and declining assets.

EIN: 10262323 · Eagle Lake, ME · NTEE: E20Z · Updated: 2026-03-28

$6.2MRevenue

$4.0MAssets

65/100Mission Score (Good)

E20Z

About Northern Maine General

Northern Maine General (EIN: 10262323) is a nonprofit organization based in Eagle Lake, ME, classified under NTEE code E20Z. The organization reported total revenue of $6.2M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Maine General's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northern Maine General has experienced a concerning trend of declining revenue and increasing expenses over the past few years, leading to significant net losses. For example, in fiscal year 2024, the organization reported revenue of $7,718,492 against expenses of $9,791,427, resulting in a deficit of over $2 million. This trend is consistent with the prior year (2023), where expenses exceeded revenue by over $1.7 million. The organization's assets have also seen a substantial decrease, falling from a high of $11,401,874 in 2016 to $5,854,047 in 2024, while liabilities have remained relatively stable or slightly increased in recent years, indicating potential financial strain. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this area, which is a positive sign for transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northern Maine General with a Mission Score of 65 out of 100 (Good). 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, Northern Maine General 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.

Executive Compensation Analysis

Northern Maine General consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to its officers. This suggests a highly efficient approach to executive compensation, minimizing overhead in this area relative to the organization's size and revenue.

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 Northern Maine General's IRS 990 filings:

Consistent net losses in recent fiscal years (e.g., $2,072,935 deficit in 2024, $1,770,684 deficit in 2023).
Significant decline in total assets over time, from $11,401,874 in 2016 to $5,854,047 in 2024.
Decreasing revenue trend over the past several years.

Strengths

The following positive indicators were identified for Northern Maine General:

Consistent reporting of 0% officer compensation, indicating strong control over executive overhead.
Long filing history (13 filings) suggests consistent compliance and transparency in reporting.

Frequently Asked Questions about Northern Maine General

Is Northern Maine General financially stable?

Based on recent filings, Northern Maine General is experiencing financial instability, with expenses consistently exceeding revenue in the last two fiscal years (2023 and 2024) and a significant decline in assets from $11,401,874 in 2016 to $5,854,047 in 2024.

What is the trend in Northern Maine General's revenue?

Northern Maine General's revenue has been on a downward trend, decreasing from a high of $10,537,841 in 2015 to $7,718,492 in 2024.

How does Northern Maine General manage executive compensation?

Northern Maine General reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers, which is a strong positive for financial efficiency.

Filing History

IRS 990 filing history for Northern Maine General showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Northern Maine General's revenue has declined by 32.2%, moving from $11.4M to $7.7M. Total assets decreased by 48.1% over the same period, from $11.3M to $5.9M. Total functional expenses fell by 8.2%, from $10.7M to $9.8M. In its most recent filing year (2024), Northern Maine General reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $5.9M in assets (debt-to-asset ratio: 30.1%), resulting in net assets of $4.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$7.7M	$9.8M	$5.9M	$1.8M	—	View 990
2023	$8.8M	$10.5M	$8.1M	$2.0M	—	—
2022	$9.8M	$10.0M	$10.5M	$2.6M	—	View 990
2021	$10.2M	$9.8M	$10.7M	$2.7M	—	—
2020	$10.2M	$9.8M	$10.9M	$3.3M	—	View 990
2019	$9.5M	$9.5M	$9.8M	$2.6M	—	View 990
2018	$9.5M	$9.5M	$10.6M	$3.4M	—	View 990
2017	$9.4M	$9.5M	$11.2M	$4.0M	—	View 990
2016	$10.3M	$10.1M	$11.4M	$4.1M	—	View 990
2015	$10.5M	$10.4M	$11.3M	$4.2M	—	View 990
2014	$11.0M	$10.7M	$11.4M	$4.4M	—	View 990
2013	$11.2M	$10.8M	$11.3M	$4.6M	—	View 990
2012	$11.4M	$10.7M	$11.3M	$5.0M	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $7.7M, expenses of $9.8M, and assets of $5.9M (revenue -11.9% year-over-year).
2023: Revenue of $8.8M, expenses of $10.5M, and assets of $8.1M (revenue -11.0% year-over-year).
2022: Revenue of $9.8M, expenses of $10.0M, and assets of $10.5M (revenue -3.7% year-over-year).
2021: Revenue of $10.2M, expenses of $9.8M, and assets of $10.7M (revenue +0.6% year-over-year).
2020: Revenue of $10.2M, expenses of $9.8M, and assets of $10.9M (revenue +7.2% year-over-year).
2019: Revenue of $9.5M, expenses of $9.5M, and assets of $9.8M (revenue -0.6% year-over-year).
2018: Revenue of $9.5M, expenses of $9.5M, and assets of $10.6M (revenue +1.9% year-over-year).
2017: Revenue of $9.4M, expenses of $9.5M, and assets of $11.2M (revenue -9.1% year-over-year).
2016: Revenue of $10.3M, expenses of $10.1M, and assets of $11.4M (revenue -2.3% year-over-year).
2015: Revenue of $10.5M, expenses of $10.4M, and assets of $11.3M (revenue -4.0% year-over-year).
2014: Revenue of $11.0M, expenses of $10.7M, and assets of $11.4M (revenue -2.0% year-over-year).
2013: Revenue of $11.2M, expenses of $10.8M, and assets of $11.3M (revenue -1.6% year-over-year).
2012: Revenue of $11.4M, expenses of $10.7M, and assets of $11.3M.

Data Sources and Methodology

This transparency report for Northern Maine General 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.