Northeast Hearing & Speech Center Inc
Only null% goes to programs Strong reserves Declining revenue
Northeast Hearing & Speech Center Inc is a 501(c)(3) organization based in Portland, Maine, registered in 1972, with $2,164,825 in FY2023 revenue. CharityIndex grades it B.
75 W Commercial St Ste 205, Portland, ME, 04101 EIN 01-0228262 Since 1972
Revenue (FY2023)
$2.2M
▼ 17.9% vs prior year
Health median: $840K
Expenses (FY2023)
$2.4M
Net assets
$3.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Northeast Hearing & Speech Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating18 mo reserves · -9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Northeast Hearing & Speech Center Inc: 18 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Northeast Hearing & Speech Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Northeast Hearing & Speech Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 75 W Commercial St Ste 205, Portland, ME, 04101
- City
- Portland
- State
- Maine
- Category
- Health Care
- Subcategory
- Rehabilitative Care
- Website
- …
Financial trends
Revenue grew from $1.5M (FY2013) to $2.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $729KNet assets $3.5M
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$729K
Net assets
$3.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,164,825▼17.9% | $2,360,664▲7.8% | $3,455,934▲2.1% | $4,185,062▼3.5% | 990 |
| 2022 | $2,635,300▲3.4% | $2,190,243▲1.3% | $3,384,254▲22.8% | $4,334,987▲45.0% | 990 |
| 2021 | $2,548,895▼10.6% | $2,161,160▲5.3% | $2,756,564▼1.2% | $2,989,841▼4.8% | 990 |
| 2020 | $2,851,053▲34.9% | $2,052,791▲5.0% | $2,790,972▲80.2% | $3,140,006▲51.3% | 990 |
| 2019 | $2,112,852▼13.8% | $1,954,326▼6.4% | $1,549,077▲10.5% | $2,075,639▲21.1% | 990 |
| 2018 | $2,452,266▲13.8% | $2,088,834▲9.8% | $1,401,565▲38.9% | $1,713,990▲36.9% | 990 |
| 2017 | $2,155,467▲17.3% | $1,902,500▲10.1% | $1,008,695▲38.2% | $1,252,135▲40.5% | 990 |
| 2016 | $1,836,877▼0.6% | $1,727,618▼0.3% | $730,062▲25.9% | $891,097▲19.2% | 990 |
| 2015 | $1,847,635▲5.0% | $1,732,148▲3.9% | $579,656▲21.5% | $747,462▲17.5% | 990 |
| 2014 | $1,759,878▲16.7% | $1,667,826▲2.8% | $476,941▲24.1% | $636,036▲11.5% | 990 |
| 2013 | $1,507,915 | $1,622,153▲5.3% | $384,213▼19.7% | $570,332▼6.5% | 990 |
| 2012 | — | $1,539,834▲3.4% | $478,238▲15.0% | $609,926▲17.1% | 990 |
| 2011 | — | $1,488,573 | $415,851 | $521,015 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $13K total
2 grants to Northeast Hearing & Speech Center Inc totaling $13K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Maine Community Foundation Inc | Rehabilitative care | 2023 | $7,500 |
| Maine Community Foundation Inc | For the project screening for success | 2014 | $5,000 |
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Frequently asked questions
- Is Northeast Hearing & Speech Center Inc a legitimate nonprofit?
- Yes. Northeast Hearing & Speech Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0228262, based in Portland, Maine. Donations are tax-deductible.
- What is Northeast Hearing & Speech Center Inc's EIN?
- Northeast Hearing & Speech Center Inc's Employer Identification Number (EIN) is 01-0228262.
- How much revenue does Northeast Hearing & Speech Center Inc report?
- Northeast Hearing & Speech Center Inc reported $2,164,825 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Northeast Hearing & Speech Center Inc have?
- CharityIndex grades Northeast Hearing & Speech Center Inc B, based on financial health (reserves and operating margin).
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Data for Northeast Hearing & Speech Center Inc (EIN 01-0228262) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.