Is Mastic Volunteer Ambulance Company Inc…

Quick charity verification for Mastic Volunteer Ambulance Company Inc (EIN: 113474702)

Strengths

Consistent revenue growth over the past decade, from $1,354,031 in 2014 to $2,409,732 in 2023.
Strong asset growth, increasing from $2,373,270 in 2014 to $4,169,623 in 2023.
0% officer compensation reported across all filings, indicating a volunteer-driven leadership and efficient use of funds.
Positive net income in several recent years, including a surplus of $232,614 in 2023 ($2,409,732 revenue - $2,177,118 expenses).

Spending Breakdown

How Mastic Volunteer Ambulance Company Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Volunteer Ambulance Company Inc

Is Mastic Volunteer Ambulance Company Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mastic Volunteer Ambulance Company Inc (EIN: 113474702) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Mastic Volunteer Ambulance Company Inc a good charity to donate to?

Mastic Volunteer Ambulance Company Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mastic Volunteer Ambulance Company Inc?

The Employer Identification Number (EIN) for Mastic Volunteer Ambulance Company Inc is 113474702. 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 Volunteer Ambulance Company Inc spend its money?

Mastic Volunteer Ambulance Company Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mastic Volunteer Ambulance Company Inc's tax-exempt status?

You can verify Mastic Volunteer Ambulance Company Inc's tax-exempt status using EIN 113474702 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 Volunteer Ambulance Company Inc demonstrates a consistent operational presence, with revenues and expenses generally increasing over the past decade. In the most recent filing (202312), the organization reported revenues of $2,409,732 against expenses of $2,177,118, indicating a surplus for the period. The organization's assets have grown significantly, from $2,373,270 in 2014 to $4,169,623 in 2023, suggesting a healthy accumulation of resources. However, liabilities have also seen a substantial increase, reaching $1,367,042 in 2023, which warrants closer examination to understand the nature of these obligations.

The organization's financial health appears stable, with a positive net income in several recent years, including 2023. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership structure, which can be a positive indicator of efficient resource allocation towards its mission. While specific program spending ratios are not provided in the summary data, the absence of officer compensation implies that a significant portion of funds could be directed towards operational costs and direct services. The growth in assets, alongside increasing liabilities, suggests potential investments in infrastructure or equipment, which is common for ambulance services.

Is Mastic Volunteer Ambulance Company Inc Legit?

Verdict: Mastic Volunteer Ambulance Company Inc appears trustworthy

Red Flags