AI Transparency Report
Harleysville Area Emergency Medical Service Inc (HAEMS) demonstrates a fluctuating but generally stable financial position, with recent filings showing significant growth in both revenue and expenses. In 2023, HAEMS reported revenues of $3,226,392 against expenses of $3,361,081, indicating a slight operational deficit for that year. However, this follows a period of substantial revenue growth from $1,376,106 in 2021 to over $3.2 million in 2023, suggesting an expansion of services or increased demand. The organization's assets have also grown, reaching $1,730,017 in 2023, while liabilities have increased to $1,085,768, maintaining a healthy asset-to-liability ratio. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission.
HAEMS appears to be an efficient organization, particularly given its operational nature as an emergency medical service. While specific program spending breakdowns are not provided in the summary data, the absence of officer compensation suggests that a significant portion of expenses is likely directed towards direct service delivery, equipment, and personnel. The organization's ability to manage substantial revenue growth while maintaining a reasonable asset base and no reported officer compensation points to sound financial management. The consistent filing of IRS Form 990s over many years also reflects a commitment to regulatory compliance and transparency.