EHealth CareEIN: 010223482

Millinocket Regional Hospital

Millinocket, Maine

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.29×
Peer Median8.62×
💰
$31.8M
Total Revenue
📊
$31.7M
Total Expenses
🏦
$9.3M
Net Assets
📋
$6.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.1%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
40.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$31,753,7482%$31,725,853$15,581,12416%
2022$32,440,4115%$31,705,3284%$18,486,7004%
2021$34,169,66111%$30,380,6261%$17,691,35515%
2020$30,901,2214%$30,788,8989%$20,845,10338%
2019$32,326,8071%$33,718,0678%$15,058,80517%
2018$32,033,6192%$36,638,44911%$18,070,67413%
2017$31,500,60612%$32,884,36115%$20,745,00312%
2016$28,027,7908%$28,480,0169%$23,656,6142%
2015$25,994,380$26,151,9484%$24,118,5192%
2014$26,024,2527%$27,283,8951%$24,726,0555%
2013$27,957,6011%$27,640,700$23,588,9141%
2012$27,570,6662%$27,744,8201%$23,423,1257%
2011$28,200,399$27,504,666$21,802,981

Frequently Asked Questions

What does Millinocket Regional Hospital do?

Millinocket Regional Hospital is a health care nonprofit organization based in Maine. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Millinocket Regional Hospital financially healthy?

Based on our 9-metric Financial Health Score model, Millinocket Regional Hospital has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Millinocket Regional Hospital generate?

Millinocket Regional Hospital reports $32.2M in annual revenue and holds $16.3M in total assets, based on IRS filings.

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