Is Los Fresnos Ambulance Service Inc Legit?

Quick charity verification for Los Fresnos Ambulance Service Inc (EIN: 201063375)

Verdict: Los Fresnos Ambulance Service Inc appears trustworthy

92/100Mission Score
$1.6MRevenue
$1.7MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Los Fresnos Ambulance Service Inc. demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. While the organization experienced slight deficits in the 2023 and 2022 fiscal periods (expenses exceeding revenue by $64,180 and $81,073 respectively), these appear to be manageable fluctuations given their asset base of over $1.5 million. The organization's assets have shown steady growth, increasing from $569,261 in 2014 to $1,568,106 in 2023, indicating good financial stewardship and capacity building. The absence of reported officer compensation across all available filings suggests a lean administrative structure and a focus on mission-related spending. The organization's financial health appears stable, with a strong asset base relative to its annual revenue. The consistent growth in assets over the past decade, alongside generally balanced budgets, points to prudent financial management. The lack of reported officer compensation is a significant positive indicator for transparency and efficiency, suggesting that resources are primarily directed towards program delivery. Overall, Los Fresnos Ambulance Service Inc. appears to be a financially sound and efficiently run nonprofit.

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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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