Is Allentown First Aid Squad Inc Legit?

Quick charity verification for Allentown First Aid Squad Inc (EIN: 210743007)

Verdict: Allentown First Aid Squad Inc appears trustworthy

75/100Mission Score
$690KRevenue
$763KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Allentown First Aid Squad Inc. demonstrates a consistent commitment to its mission as an emergency medical service provider, evidenced by its historical financial data. The organization has maintained zero liabilities across most of its reported periods, indicating sound financial management and a lack of debt burden. However, recent years show a significant decline in revenue, from a high of $216,501 in 2014 to $22,608 in 2023, while expenses have also decreased but not always in proportion to revenue. This trend suggests a potential scaling down of operations or a shift in funding sources that warrants further investigation. The organization's spending efficiency appears to fluctuate. For instance, in 2023, expenses were $19,025 against $22,608 in revenue, indicating a surplus. However, in 2022, expenses of $67,157 significantly outstripped revenue of $32,075, leading to a deficit. The absence of reported officer compensation across all filings points to a volunteer-driven model, which is a positive indicator of efficiency and dedication to mission. The organization's assets have also seen a decline from a peak of $646,307 in 2014 to $217,831 in 2023, which aligns with the overall reduction in financial activity. Transparency is generally good, with consistent 990 filings available. The lack of reported officer compensation enhances trust, as it suggests resources are directly allocated to operations rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency ratios is challenging. The significant fluctuations in revenue and expenses over the past decade suggest a need for clearer communication regarding operational changes or financial strategies.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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