Womens Board Of The Maine Medical Center
Volunteer-led Womens Board maintains stable finances with zero officer compensation.
EIN: 10199596 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $805K |
| Transparency Score | 85/100 |
Is Womens Board Of The Maine Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Womens Board Of The Maine Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Womens Board Of The Maine Medical Center
Womens Board Of The Maine Medical Center (EIN: 10199596) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $2.9M and total assets of $911K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Womens Board Of The Maine Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Womens Board Of The Maine Medical Center is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$122K |
| Total Assets | $812K |
| Total Liabilities | $7K |
| Net Assets | $805K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Womens Board Of The Maine Medical Center reported a surplus of $122K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Womens Board Of The Maine Medical Center's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.1% | +19.5% | +17.7% |
| 2022 | +35.9% | +20.0% | +5.4% |
| 2021 | -14.0% | -20.4% | -9.1% |
| 2020 | -25.9% | -17.2% | -18.2% |
| 2019 | +5.7% | -0.9% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Womens Board Of The Maine Medical Center 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Womens Board Of The Maine Medical Center allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $122K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient and directs more funds to its mission.
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 Womens Board Of The Maine Medical Center's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary
Strengths
The following positive indicators were identified for Womens Board Of The Maine Medical Center:
- Consistent 0% officer compensation, indicating volunteer leadership
- Stable financial position with consistent assets and revenues
- Low liabilities across most reporting periods
- Long history of IRS 990 filings (13 filings)
Frequently Asked Questions about Womens Board Of The Maine Medical Center
Is Womens Board Of The Maine Medical Center a legitimate charity?
Womens Board Of The Maine Medical Center (EIN: 10199596) 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: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Womens Board Of The Maine Medical Center spend its money?
Womens Board Of The Maine Medical Center directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Womens Board Of The Maine Medical Center tax-deductible?
Womens Board Of The Maine Medical Center is registered as a tax-exempt nonprofit (EIN: 10199596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Womens Board Of The Maine Medical Center's spending goes to programs?
Womens Board Of The Maine Medical Center directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Womens Board Of The Maine Medical Center located?
Womens Board Of The Maine Medical Center is headquartered in Portland, Maine and files with the IRS under EIN 10199596.
How many years of IRS 990 filings does Womens Board Of The Maine Medical Center have?
Womens Board Of The Maine Medical Center 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 $2.9M in total revenue.
Is Womens Board Of The Maine Medical Center a good charity?
Based on the available data, the Womens Board Of The Maine Medical Center appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation, indicating a volunteer-led model that maximizes funds for its mission. Its financial stability with consistent revenues and assets also supports this.
What percentage of donations go to programs?
While specific program spending percentages are not explicitly detailed in the provided summary, the 0% officer compensation strongly suggests that a very high percentage of donations are directed towards programs and mission-related activities, likely exceeding 90% when considering minimal administrative overhead.
How financially stable is the organization?
The organization demonstrates good financial stability, with assets consistently ranging from $650,000 to over $1 million and relatively low liabilities across most years. Revenues have also been consistent, generally between $750,000 and $1.7 million annually, indicating a sustainable operational model.
Filing History
IRS 990 filing history for Womens Board Of The Maine Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Womens Board Of The Maine Medical Center's revenue has declined by 11.4%, moving from $1.5M to $1.3M. Total assets increased by 71.4% over the same period, from $474K to $812K. Total functional expenses fell by 15.2%, from $1.4M to $1.2M. In its most recent filing year (2023), Womens Board Of The Maine Medical Center reported a surplus of $122K, with revenue exceeding expenses. The organization holds $7K in liabilities against $812K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $805K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $812K | $7K | — | View 990 |
| 2022 | $1.0M | $977K | $690K | $7K | — | View 990 |
| 2021 | $752K | $814K | $654K | $17K | — | View 990 |
| 2020 | $874K | $1.0M | $720K | $21K | — | — |
| 2019 | $1.2M | $1.2M | $880K | $32K | — | View 990 |
| 2018 | $1.1M | $1.2M | $1.0M | $127K | — | View 990 |
| 2017 | $915K | $784K | $1.0M | $188 | — | View 990 |
| 2016 | $1.7M | $1.6M | $903K | $0 | — | View 990 |
| 2015 | $1.7M | $1.6M | $823K | $0 | — | View 990 |
| 2014 | $1.6M | $1.6M | $748K | $0 | — | View 990 |
| 2013 | $1.5M | $1.4M | $800K | $0 | — | View 990 |
| 2012 | $1.6M | $1.4M | $653K | $0 | — | View 990 |
| 2011 | $1.5M | $1.4M | $474K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $812K (revenue +26.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $977K, and assets of $690K (revenue +35.9% year-over-year).
- 2021: Revenue of $752K, expenses of $814K, and assets of $654K (revenue -14.0% year-over-year).
- 2020: Revenue of $874K, expenses of $1.0M, and assets of $720K (revenue -25.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $880K (revenue +5.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $1.0M (revenue +22.0% year-over-year).
- 2017: Revenue of $915K, expenses of $784K, and assets of $1.0M (revenue -46.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $903K (revenue +0.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.6M, and assets of $823K (revenue +9.5% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $748K (revenue +1.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $800K (revenue -1.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.4M, and assets of $653K (revenue +7.1% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $474K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Womens Board Of The Maine Medical Center:
Data Sources and Methodology
This transparency report for Womens Board Of The Maine Medical Center 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.