Visiting Board Of The Childrens Hospital
Visiting Board Of The Childrens Hospital shows consistent operations with recent revenue growth and no reported officer compensation.
EIN: 16023681 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $275K |
| Total Expenses | $162K |
| Program Spending | 85% |
| Net Assets | $313K |
| Transparency Score | 85/100 |
Is Visiting Board Of The Childrens Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visiting Board Of The Childrens Hospital directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visiting Board Of The Childrens Hospital
Visiting Board Of The Childrens Hospital (EIN: 16023681) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $275K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Board Of The Childrens Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Board Of The Childrens Hospital is a small nonprofit that has been operating for 106 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $162K |
| Surplus / Deficit | $-7,338 |
| Total Assets | $397K |
| Total Liabilities | $85K |
| Net Assets | $313K |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 21.3% |
| Months of Reserves | 29.5 months |
Financial Health Grade: B
In 2023, Visiting Board Of The Childrens Hospital reported a deficit of $7K with expenses exceeding revenue, holds 29.5 months of operating reserves (strong position), has a debt-to-asset ratio of 21.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Board Of The Childrens Hospital's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +4.7% | +11.1% |
| 2022 | +3.3% | +10.8% | -10.6% |
| 2021 | +3.4% | +2.0% | -1.4% |
| 2020 | -17.6% | -8.7% | +20.5% |
| 2019 | +21.0% | -6.7% | +3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1920 |
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 Visiting Board Of The Childrens Hospital 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, Visiting Board Of The Childrens Hospital 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 deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
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 Visiting Board Of The Childrens Hospital's IRS 990 filings:
- Expenses occasionally exceed revenue (e.g., 202309, 202209, 202109, 202009, 201809, 201709), which could indicate reliance on reserves or fluctuating income streams.
- Lack of detailed expense breakdown in provided data limits granular analysis of spending efficiency.
Strengths
The following positive indicators were identified for Visiting Board Of The Childrens Hospital:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Healthy and growing asset base, increasing from $326,377 in 2014 to $473,727 currently.
- Long filing history (13 filings) demonstrates consistent operation and transparency.
- Significant recent revenue growth to $275,012, suggesting increased support or successful fundraising.
Frequently Asked Questions about Visiting Board Of The Childrens Hospital
Is Visiting Board Of The Childrens Hospital a legitimate charity?
Visiting Board Of The Childrens Hospital (EIN: 16023681) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $275K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Visiting Board Of The Childrens Hospital spend its money?
Visiting Board Of The Childrens Hospital directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Visiting Board Of The Childrens Hospital tax-deductible?
Visiting Board Of The Childrens Hospital is registered as a tax-exempt nonprofit (EIN: 16023681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Visiting Board Of The Childrens Hospital's spending goes to programs?
Visiting Board Of The Childrens Hospital directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Visiting Board Of The Childrens Hospital located?
Visiting Board Of The Childrens Hospital is headquartered in Portland, Maine and files with the IRS under EIN 16023681.
How many years of IRS 990 filings does Visiting Board Of The Childrens Hospital have?
Visiting Board Of The Childrens Hospital 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 $275K in total revenue.
Is Visiting Board Of The Childrens Hospital financially stable?
Yes, despite some years where expenses slightly exceeded revenue, the organization has consistently maintained and grown its asset base, from $326,377 in 2014 to $473,727 currently, indicating financial stability.
How does the organization manage its administrative costs?
The organization reports 0% officer compensation in all available filings, suggesting very low administrative overhead related to executive salaries, which is a positive indicator of efficient resource management.
What caused the significant increase in revenue in the latest period?
The provided data shows the latest revenue at $275,012, a substantial increase from previous years (e.g., $154,234 in 202309). Without further detail from the full 990, the specific cause of this surge is unclear but warrants further investigation.
Filing History
IRS 990 filing history for Visiting Board Of The Childrens Hospital showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Board Of The Childrens Hospital's revenue has grown by 24.4%, moving from $124K to $154K. Total assets increased by 62.2% over the same period, from $245K to $397K. Total functional expenses rose by 57.1%, from $103K to $162K. In its most recent filing year (2023), Visiting Board Of The Childrens Hospital reported a deficit of $7K, with expenses exceeding revenue. The organization holds $85K in liabilities against $397K in assets (debt-to-asset ratio: 21.3%), resulting in net assets of $313K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $162K | $397K | $85K | — | — |
| 2022 | $140K | $154K | $358K | $62K | — | View 990 |
| 2021 | $135K | $139K | $400K | $27K | — | View 990 |
| 2020 | $131K | $137K | $406K | $68K | — | — |
| 2019 | $159K | $150K | $337K | $8K | — | View 990 |
| 2018 | $131K | $160K | $326K | $11K | — | View 990 |
| 2017 | $132K | $151K | $346K | $14K | — | View 990 |
| 2016 | $140K | $137K | $336K | $5K | — | View 990 |
| 2015 | $139K | $133K | $326K | $13K | — | View 990 |
| 2014 | $113K | $112K | $326K | $5K | — | View 990 |
| 2013 | $113K | $108K | $323K | $37K | — | View 990 |
| 2012 | $111K | $104K | $291K | $16K | — | View 990 |
| 2011 | $124K | $103K | $245K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $162K, and assets of $397K (revenue +10.3% year-over-year).
- 2022: Revenue of $140K, expenses of $154K, and assets of $358K (revenue +3.3% year-over-year).
- 2021: Revenue of $135K, expenses of $139K, and assets of $400K (revenue +3.4% year-over-year).
- 2020: Revenue of $131K, expenses of $137K, and assets of $406K (revenue -17.6% year-over-year).
- 2019: Revenue of $159K, expenses of $150K, and assets of $337K (revenue +21.0% year-over-year).
- 2018: Revenue of $131K, expenses of $160K, and assets of $326K (revenue -0.5% year-over-year).
- 2017: Revenue of $132K, expenses of $151K, and assets of $346K (revenue -5.6% year-over-year).
- 2016: Revenue of $140K, expenses of $137K, and assets of $336K (revenue +0.6% year-over-year).
- 2015: Revenue of $139K, expenses of $133K, and assets of $326K (revenue +22.9% year-over-year).
- 2014: Revenue of $113K, expenses of $112K, and assets of $326K (revenue +0.0% year-over-year).
- 2013: Revenue of $113K, expenses of $108K, and assets of $323K (revenue +1.8% year-over-year).
- 2012: Revenue of $111K, expenses of $104K, and assets of $291K (revenue -10.4% year-over-year).
- 2011: Revenue of $124K, expenses of $103K, and assets of $245K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Board Of The Childrens Hospital:
Data Sources and Methodology
This transparency report for Visiting Board Of The Childrens Hospital 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.