Parent Program Of Mid Coast Maine Inc
Parent Program Of Mid Coast Maine Inc maintains stable finances with no reported officer compensation.
EIN: 10538045 · Warren, ME · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $778K |
| Total Expenses | $708K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $114K |
| Transparency Score | 85/100 |
Is Parent Program Of Mid Coast Maine Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parent Program Of Mid Coast Maine Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parent Program Of Mid Coast Maine Inc
Parent Program Of Mid Coast Maine Inc (EIN: 10538045) is a nonprofit organization based in Warren, ME, classified under NTEE code P99. The organization reported total revenue of $778K and total assets of $286K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parent Program Of Mid Coast Maine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parent Program Of Mid Coast Maine Inc is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $720K |
| Total Expenses | $708K |
| Surplus / Deficit | +$11K |
| Total Assets | $274K |
| Total Liabilities | $160K |
| Net Assets | $114K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 58.2% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Parent Program Of Mid Coast Maine Inc reported a surplus of $11K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 58.2% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Parent Program Of Mid Coast Maine Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | -2.6% | +2.9% |
| 2022 | +10.9% | +8.6% | +1.2% |
| 2021 | +2.0% | +3.8% | +2.7% |
| 2020 | +15.0% | +17.5% | +8.8% |
| 2019 | -6.3% | -10.3% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Parent Program Of Mid Coast Maine Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Parent Program Of Mid Coast Maine Inc 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with annual revenues exceeding $700,000.
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 Parent Program Of Mid Coast Maine Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making precise efficiency analysis difficult.
- Consistent 0% officer compensation for an organization of this size could indicate compensation is reported under other categories or a highly unusual volunteer-led structure, warranting further inquiry.
Strengths
The following positive indicators were identified for Parent Program Of Mid Coast Maine Inc:
- Consistent financial stability with revenues generally exceeding expenses.
- Steady growth in assets over the past decade, from $132,729 in 2014 to $274,021 in 2023.
- No reported officer compensation, potentially indicating a highly efficient or volunteer-driven leadership.
- Long history of IRS 990 filings (12 periods) demonstrating consistent reporting and transparency.
Frequently Asked Questions about Parent Program Of Mid Coast Maine Inc
Is Parent Program Of Mid Coast Maine Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parent Program Of Mid Coast Maine Inc (EIN: 10538045) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Parent Program Of Mid Coast Maine Inc spend its money?
Parent Program Of Mid Coast Maine Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Parent Program Of Mid Coast Maine Inc tax-deductible?
Parent Program Of Mid Coast Maine Inc is registered as a tax-exempt nonprofit (EIN: 10538045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Parent Program Of Mid Coast Maine Inc CEO make?
Parent Program Of Mid Coast Maine Inc's highest-compensated officer earns $700,000. annually. The organization reported $778K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Parent Program Of Mid Coast Maine Inc's spending goes to programs?
Parent Program Of Mid Coast Maine Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Parent Program Of Mid Coast Maine Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Parent Program Of Mid Coast Maine Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Parent Program Of Mid Coast Maine Inc located?
Parent Program Of Mid Coast Maine Inc is headquartered in Warren, Maine and files with the IRS under EIN 10538045. It is classified under NTEE code P99.
How many years of IRS 990 filings does Parent Program Of Mid Coast Maine Inc have?
Parent Program Of Mid Coast Maine Inc has 12 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 $778K in total revenue.
Is Parent Program Of Mid Coast Maine Inc a good charity?
Based on the available IRS 990 data, the organization demonstrates financial stability, consistent operations, and a notable lack of reported officer compensation, which are positive indicators. However, a full assessment would benefit from a detailed breakdown of program, administrative, and fundraising expenses.
How does Parent Program Of Mid Coast Maine Inc manage its finances?
The organization manages its finances consistently, with revenues generally covering expenses. For example, in 2023, revenues were $719,539 and expenses were $708,478. Assets have shown steady growth, indicating prudent financial stewardship.
What is the trend in Parent Program Of Mid Coast Maine Inc's revenue and expenses?
Parent Program Of Mid Coast Maine Inc has shown a general upward trend in both revenue and expenses over the past decade, with revenue growing from $584,677 in 2014 to $719,539 in 2023. Expenses have largely tracked revenue, indicating consistent operational scale.
Does Parent Program Of Mid Coast Maine Inc pay its officers?
According to all available IRS 990 filings, Parent Program Of Mid Coast Maine Inc consistently reports 0% officer compensation, suggesting that its officers are not compensated or are compensated in a manner not categorized as officer compensation.
Filing History
IRS 990 filing history for Parent Program Of Mid Coast Maine Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Parent Program Of Mid Coast Maine Inc's revenue has grown by 67.6%, moving from $429K to $720K. Total assets increased by 147% over the same period, from $111K to $274K. Total functional expenses rose by 46.2%, from $485K to $708K. In its most recent filing year (2023), Parent Program Of Mid Coast Maine Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $160K in liabilities against $274K in assets (debt-to-asset ratio: 58.2%), resulting in net assets of $114K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $708K | $274K | $160K | — | View 990 |
| 2022 | $735K | $727K | $266K | $163K | — | View 990 |
| 2021 | $663K | $670K | $263K | $168K | — | View 990 |
| 2020 | $650K | $645K | $256K | $154K | — | View 990 |
| 2019 | $565K | $549K | $236K | $137K | — | View 990 |
| 2018 | $602K | $612K | $230K | $147K | — | View 990 |
| 2017 | $564K | $582K | $236K | $144K | — | View 990 |
| 2016 | $562K | $555K | $228K | $118K | — | View 990 |
| 2015 | $589K | $618K | $250K | $147K | — | View 990 |
| 2014 | $585K | $595K | $133K | $0 | — | View 990 |
| 2013 | $541K | $509K | $266K | $123K | — | View 990 |
| 2012 | $429K | $485K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $708K, and assets of $274K (revenue -2.1% year-over-year).
- 2022: Revenue of $735K, expenses of $727K, and assets of $266K (revenue +10.9% year-over-year).
- 2021: Revenue of $663K, expenses of $670K, and assets of $263K (revenue +2.0% year-over-year).
- 2020: Revenue of $650K, expenses of $645K, and assets of $256K (revenue +15.0% year-over-year).
- 2019: Revenue of $565K, expenses of $549K, and assets of $236K (revenue -6.3% year-over-year).
- 2018: Revenue of $602K, expenses of $612K, and assets of $230K (revenue +6.7% year-over-year).
- 2017: Revenue of $564K, expenses of $582K, and assets of $236K (revenue +0.5% year-over-year).
- 2016: Revenue of $562K, expenses of $555K, and assets of $228K (revenue -4.7% year-over-year).
- 2015: Revenue of $589K, expenses of $618K, and assets of $250K (revenue +0.7% year-over-year).
- 2014: Revenue of $585K, expenses of $595K, and assets of $133K (revenue +8.0% year-over-year).
- 2013: Revenue of $541K, expenses of $509K, and assets of $266K (revenue +26.1% year-over-year).
- 2012: Revenue of $429K, expenses of $485K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parent Program Of Mid Coast Maine Inc:
Data Sources and Methodology
This transparency report for Parent Program Of Mid Coast Maine 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.