Bridgton Hospital
Overview
Mission
To provide exceptional healthcare services in a safe and trustfulenvironment through the expertise, commitment, and compassion ofour family of caregivers.
What it reported doing in 2024
Bridgton hospital is a critical access hospital serving 20 surrounding communities plus the mount Washington valley communities of New Hampshire. The hospital has a medical/surgical unit, critical care unit. Our two operating rooms handle general, orthopedic, and ambulatory surgery. The hospital has a 24 hour emergency department and numerous professional services including ct scanning, mri, nuclear medicine spect scanning, treadmill including thallium oncology clinic, inpatient and outpatient physical therapy and medical sciences library.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 010130427
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- Bridgton, ME, USA
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for setting executive pay and available reserves provide a limited financial cushion.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 69
- Accountability: 73
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79%; rating input score 79
- Program expense ratio: 86.7%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 76.9%; rating input score 77; 24th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 9.9%; rating input score 72; 72nd percentile among comparable filings
- Operating reserve ratio: 0.62; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 13th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 79% of revenue deployed · 86.7% of spending went to programs
- Governance: 10 of 13 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $46.7M in reported program spending
- Leadership: top reported pay $1.1M · 22 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 10 filed schedules · includes major donors and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Money network: 5 filed money-flow records
- Related organizations: 12 filed related-organization links