United Way Of Mid Coast Maine Inc

United Way Of Mid Coast Maine Inc maintains stable operations with occasional deficits and no reported officer compensation.

EIN: 16004866 · Bath, ME · Updated: 2026-03-28

$1.8MRevenue

$2.5MAssets

75/100Mission Score (Good)

Is United Way Of Mid Coast Maine 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 →

United Way Of Mid Coast Maine Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About United Way Of Mid Coast Maine Inc

United Way Of Mid Coast Maine Inc (EIN: 16004866) is a nonprofit organization based in Bath, ME. The organization reported total revenue of $1.8M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Way Of Mid Coast Maine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

United Way Of Mid Coast Maine Inc demonstrates consistent financial activity, with revenues and expenses generally hovering around the $1.7 million to $2.1 million mark over the past decade. While the organization's assets have remained relatively stable, ranging from $2.4 million to $2.7 million, there have been periods where expenses exceeded revenue, such as in 202306 where expenses were $1,711,893 against revenues of $1,665,743. This indicates a slight deficit in some operating periods, which could impact long-term financial stability if it becomes a trend. The organization's liabilities have also shown some fluctuation, but generally remain manageable relative to its assets.

The organization appears to maintain a strong focus on its programmatic mission, as evidenced by the typical United Way model of distributing funds to other local nonprofits. The absence of reported officer compensation across all filings suggests either that executive compensation is below the reporting threshold, or that it is covered through other means not explicitly detailed as 'officer compensation' on the 990, which warrants further investigation for complete transparency. Overall, the financial health appears stable, but careful monitoring of expense-to-revenue ratios is advisable.

Transparency is generally good given the consistent filing of IRS Form 990s. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The consistent asset base and revenue streams suggest a well-established organization, but the lack of reported officer compensation for an organization of this size is an unusual data point that could impact a full transparency assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United Way Of Mid Coast Maine Inc with a Mission Score of 75 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, United Way Of Mid Coast Maine Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization with annual revenues exceeding $1.6 million and suggests executive compensation may be structured in a way that is not reported under this specific line item, or that it is exceptionally low or non-existent.

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 United Way Of Mid Coast Maine Inc's IRS 990 filings:

Consistent reporting of 0% officer compensation, which is atypical for an organization of this size and warrants further inquiry.
Occasional periods where expenses exceed revenue, such as in 202306 ($1,711,893 expenses vs. $1,665,743 revenue), indicating potential operating deficits.

Strengths

The following positive indicators were identified for United Way Of Mid Coast Maine Inc:

Consistent filing of IRS Form 990s, demonstrating good transparency.
Stable asset base, consistently above $2.4 million, indicating financial resilience.
Long operational history with consistent revenue streams, suggesting established community support.
Relatively low liabilities compared to assets, indicating good financial management of debt.

Frequently Asked Questions about United Way Of Mid Coast Maine Inc

Is United Way Of Mid Coast Maine Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, United Way Of Mid Coast Maine Inc (EIN: 16004866) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

How does United Way Of Mid Coast Maine Inc spend its money?

United Way Of Mid Coast Maine Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to United Way Of Mid Coast Maine Inc tax-deductible?

United Way Of Mid Coast Maine Inc is registered as a tax-exempt nonprofit (EIN: 16004866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is United Way Of Mid Coast Maine Inc financially stable?

Yes, the organization appears generally stable with consistent revenue streams and asset levels over the past decade. However, it has experienced periods where expenses exceeded revenue, such as in 202306, which warrants monitoring.

What is the organization's spending efficiency?

Without a detailed functional expense breakdown from the provided data, a precise efficiency assessment is difficult. However, United Way organizations typically have a high program spending ratio due to their model of distributing funds to other charities.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean compensation is below reporting thresholds, paid through a related entity, or that officers are unpaid volunteers, which would require further investigation for clarity.

Has the organization's revenue been growing?

Revenue has fluctuated but generally remained within a range of $1.6 million to $2.1 million over the past decade, showing no significant growth trend. The latest reported revenue of $1,665,743 (202306) is lower than some previous years.

Are the organization's liabilities manageable?

Yes, liabilities have generally remained manageable relative to assets. For example, in 202306, liabilities were $672,834 against assets of $2,772,024, indicating a healthy asset-to-liability ratio.

Filing History

IRS 990 filing history for United Way Of Mid Coast Maine Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), United Way Of Mid Coast Maine Inc's revenue has declined by 24.2%, moving from $2.2M to $1.7M. Total assets increased by 6.4% over the same period, from $2.6M to $2.8M. Total functional expenses fell by 23%, from $2.2M to $1.7M. In its most recent filing year (2023), United Way Of Mid Coast Maine Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $673K in liabilities against $2.8M in assets (debt-to-asset ratio: 24.3%), resulting in net assets of $2.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$1.7M	$2.8M	$673K	—	View 990
2022	$1.8M	$1.7M	$2.6M	$559K	—	View 990
2021	$1.8M	$1.8M	$2.6M	$587K	—	View 990
2020	$2.0M	$2.1M	$2.5M	$685K	—	View 990
2019	$1.8M	$1.9M	$2.5M	$641K	—	View 990
2018	$1.9M	$2.0M	$2.6M	$651K	—	—
2017	$2.0M	$2.1M	$2.7M	$748K	—	View 990
2016	$2.0M	$2.0M	$2.5M	$784K	—	View 990
2015	$2.2M	$2.2M	$2.6M	$855K	—	View 990
2014	$2.1M	$2.1M	$2.5M	$812K	—	View 990
2013	$2.1M	$2.2M	$2.4M	$736K	—	View 990
2012	$2.2M	$2.2M	$2.6M	$822K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $1.7M, and assets of $2.8M (revenue -9.8% year-over-year).
2022: Revenue of $1.8M, expenses of $1.7M, and assets of $2.6M (revenue +3.2% year-over-year).
2021: Revenue of $1.8M, expenses of $1.8M, and assets of $2.6M (revenue -9.5% year-over-year).
2020: Revenue of $2.0M, expenses of $2.1M, and assets of $2.5M (revenue +7.0% year-over-year).
2019: Revenue of $1.8M, expenses of $1.9M, and assets of $2.5M (revenue -4.4% year-over-year).
2018: Revenue of $1.9M, expenses of $2.0M, and assets of $2.6M (revenue -5.1% year-over-year).
2017: Revenue of $2.0M, expenses of $2.1M, and assets of $2.7M (revenue +1.9% year-over-year).
2016: Revenue of $2.0M, expenses of $2.0M, and assets of $2.5M (revenue -8.5% year-over-year).
2015: Revenue of $2.2M, expenses of $2.2M, and assets of $2.6M (revenue +4.3% year-over-year).
2014: Revenue of $2.1M, expenses of $2.1M, and assets of $2.5M (revenue +0.4% year-over-year).
2013: Revenue of $2.1M, expenses of $2.2M, and assets of $2.4M (revenue -5.0% year-over-year).
2012: Revenue of $2.2M, expenses of $2.2M, and assets of $2.6M.

Data Sources and Methodology

This transparency report for United Way 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.