Quick charity verification for Mastic Beach Ambulance Company Inc (EIN: 112827767)
Verdict: Mastic Beach Ambulance Company Inc appears trustworthy
92/100Mission Score
$1.9MRevenue
$2.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $1.42M in 2014 to $1.93M in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership.
Healthy asset growth, reaching $1.95M in 2023.
Low liabilities relative to assets, with $35,600 in liabilities against $1,958,543 in assets in 2023.
Consistent positive net income in most years, such as a $235,135 surplus in 2023 ($1,932,861 revenue - $1,697,726 expenses).
Spending Breakdown
How Mastic Beach Ambulance Company Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Mastic Beach Ambulance Company Inc
Is Mastic Beach Ambulance Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mastic Beach Ambulance Company Inc (EIN: 112827767) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Mastic Beach Ambulance Company Inc a good charity to donate to?
Mastic Beach Ambulance Company Inc has a Mission Score of 92/100. Revenue: $1.9M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mastic Beach Ambulance Company Inc?
The Employer Identification Number (EIN) for Mastic Beach Ambulance Company Inc is 112827767. 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 Mastic Beach Ambulance Company Inc spend its money?
Mastic Beach Ambulance Company Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mastic Beach Ambulance Company Inc's tax-exempt status?
You can verify Mastic Beach Ambulance Company Inc's tax-exempt status using EIN 112827767 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
Mastic Beach Ambulance Company Inc demonstrates consistent financial stability and strong program focus based on its IRS 990 filings. Over the past decade, the organization has shown steady revenue growth, increasing from $1,422,575 in 2014 to $1,932,861 in 2023. This growth has allowed for an increase in assets, reaching $1,958,543 in 2023, while maintaining relatively low liabilities. The organization consistently reports 0% officer compensation, indicating a volunteer-driven leadership structure, which is a significant positive for donor confidence and efficiency.
The organization's spending efficiency appears high, with expenses generally well-managed relative to revenue. For instance, in 2023, expenses were $1,697,726 against revenues of $1,932,861, resulting in a surplus. The absence of reported officer compensation suggests that a very high proportion of funds are directed towards program services and operational costs directly supporting their mission. This structure inherently promotes transparency regarding how funds are utilized, as there are no large executive salaries to scrutinize.
Overall, Mastic Beach Ambulance Company Inc exhibits sound financial health, efficient spending practices, and a high degree of transparency, particularly concerning executive compensation. Their consistent financial performance and volunteer leadership model contribute to a positive assessment of their stewardship of resources.