Quick charity verification for Boothbay Region Ambulance Service (EIN: 10345660)
Verdict: Boothbay Region Ambulance Service appears trustworthy
92/100Mission Score
$1.9MRevenue
$3.5MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent operational surpluses in recent years (e.g., $382,532 in 202306).
Steady growth in assets, increasing from $1,235,612 in 201506 to $3,496,779 in 202306.
No reported officer compensation across all 13 filings, indicating strong resource allocation to mission.
Low liabilities relative to assets, demonstrating a healthy balance sheet.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Boothbay Region Ambulance Service allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Boothbay Region Ambulance Service
Is Boothbay Region Ambulance Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Boothbay Region Ambulance Service (EIN: 10345660) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Boothbay Region Ambulance Service a good charity to donate to?
Boothbay Region Ambulance Service has a Mission Score of 92/100. Revenue: $1.9M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boothbay Region Ambulance Service?
The Employer Identification Number (EIN) for Boothbay Region Ambulance Service is 10345660. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Boothbay Region Ambulance Service spend its money?
Boothbay Region Ambulance Service allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boothbay Region Ambulance Service's tax-exempt status?
You can verify Boothbay Region Ambulance Service's tax-exempt status using EIN 10345660 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Boothbay Region Ambulance Service demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to growth in assets. For example, in the 202306 period, revenue was $2,099,736 against expenses of $1,717,204, resulting in a surplus. The organization's assets have steadily increased from $1,235,612 in 201506 to $3,496,779 in 202306, indicating sound financial management and capacity building. Liabilities remain relatively low compared to assets, suggesting a healthy balance sheet.
Spending efficiency appears strong, particularly given the nature of emergency services. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the consistent operational surpluses suggest effective resource allocation. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for donor confidence and operational efficiency.
Transparency is high regarding executive compensation, as no officer compensation has been reported in any of the available filings. This suggests either a volunteer leadership structure or that compensation falls below reporting thresholds, both of which are favorable for a nonprofit. The consistent filing of IRS Form 990s over many years also points to a commitment to public accountability.