Western Maine Multi Medical Specialists

Western Maine Multi Medical Specialists has significantly downsized operations while maintaining 0% officer compensation.

EIN: 10489824 · Norway, ME · NTEE: E30 · Updated: 2026-03-28

$200KRevenue
$269KAssets
85/100Mission Score (Excellent)
E30

About Western Maine Multi Medical Specialists

Western Maine Multi Medical Specialists (EIN: 10489824) is a nonprofit organization based in Norway, ME, classified under NTEE code E30. The organization reported total revenue of $200K and total assets of $269K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Maine Multi Medical Specialists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Western Maine Multi Medical Specialists has experienced significant fluctuations in its financial activity over the past decade, with a notable decrease in revenue and expenses from 2014 to 2023. For instance, revenue dropped from $3,255,661 in 2014 to $257,901 in 2023, indicating a substantial scaling down of operations. Despite these changes, the organization has consistently reported 0% officer compensation, which is a positive indicator of financial stewardship and a commitment to directing funds towards its mission rather than executive salaries. The organization's assets have also shown variability, peaking at $834,352 in 2016 and settling at $279,153 in 2023, while liabilities have generally remained low, suggesting a healthy balance sheet in recent years. The organization's financial health appears stable in the most recent filing, with revenue of $257,901 exceeding expenses of $203,578, resulting in a surplus. This contrasts with several prior years where expenses significantly outstripped revenue, such as in 2018 ($795,084 revenue vs. $1,389,570 expenses) and 2017 ($3,188,705 revenue vs. $5,112,078 expenses). The consistent reporting of 0% officer compensation across all available filings demonstrates a strong commitment to transparency regarding executive pay and suggests that resources are being allocated to program delivery. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Western Maine Multi Medical Specialists 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

According to IRS 990 filings, Western Maine Multi Medical Specialists 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

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for a nonprofit of any size.

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 Western Maine Multi Medical Specialists's IRS 990 filings:

Strengths

The following positive indicators were identified for Western Maine Multi Medical Specialists:

Frequently Asked Questions about Western Maine Multi Medical Specialists

Is Western Maine Multi Medical Specialists a good charity?

Based on the available data, the organization demonstrates strong financial stewardship by consistently reporting 0% officer compensation. While its operational scale has significantly decreased, its recent financial performance shows a surplus, and its commitment to transparency regarding executive pay is commendable. A more detailed breakdown of program spending would further clarify its efficiency.

Why did the organization's revenue and expenses decrease so dramatically?

The IRS 990 data shows a substantial decline in both revenue and expenses from highs in 2016-2017 (e.g., $3.4M revenue in 2016) to significantly lower levels in recent years (e.g., $257,901 revenue in 2023). This suggests a significant restructuring or scaling down of operations, though the specific reasons are not detailed in the provided financial summaries.

What is the organization's current financial stability?

In the most recent filing (Period 202309), the organization reported revenue of $257,901 against expenses of $203,578, resulting in a surplus. Its assets ($279,153) comfortably exceed its liabilities ($4,309), indicating a stable financial position currently, despite past periods of operating deficits.

Filing History

IRS 990 filing history for Western Maine Multi Medical Specialists showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Western Maine Multi Medical Specialists's revenue has declined by 95.2%, moving from $5.4M to $258K. Total assets decreased by 60% over the same period, from $699K to $279K. Total functional expenses fell by 97.2%, from $7.3M to $204K. In its most recent filing year (2023), Western Maine Multi Medical Specialists reported a surplus of $54K, with revenue exceeding expenses. The organization holds $4K in liabilities against $279K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $275K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $258K $204K $279K $4K
2022 $158K $193K $142K $19K View 990
2021 $176K $201K $186K $18K View 990
2020 $372K $496K $148K $20K
2019 $352K $541K $245K $180K View 990
2018 $795K $1.4M $167K $64K View 990
2017 $3.2M $5.1M $719K $686K View 990
2016 $3.4M $5.0M $834K $578K View 990
2015 $3.5M $4.5M $565K $516K View 990
2014 $3.3M $3.9M $683K $361K View 990
2013 $3.2M $3.7M $672K $392K View 990
2012 $3.2M $3.8M $737K $440K View 990
2011 $5.4M $7.3M $699K $328K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Western Maine Multi Medical Specialists 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.

Related Nonprofits

Browse by State