Significant increase in liabilities in 2023 ($1,389,816) warrants further scrutiny.
Strengths
Consistent revenue generation covering expenses over multiple years.
Significant asset growth, nearly doubling from $2.35M in 2020 to $3.94M in 2023.
0% reported officer compensation across all filings, indicating a highly volunteer-driven model.
Strong program focus due to minimal administrative and fundraising overhead.
Consistent IRS 990 filing history demonstrating transparency.
Spending Breakdown
How Medford Volunteer Ambulance 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 Medford Volunteer Ambulance Inc
Is Medford Volunteer Ambulance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Medford Volunteer Ambulance Inc (EIN: 112502233) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Medford Volunteer Ambulance Inc a good charity to donate to?
Medford Volunteer Ambulance Inc has a Mission Score of 92/100. Revenue: $2.4M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Medford Volunteer Ambulance Inc?
The Employer Identification Number (EIN) for Medford Volunteer Ambulance Inc is 112502233. 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 Medford Volunteer Ambulance Inc spend its money?
Medford Volunteer Ambulance Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Medford Volunteer Ambulance Inc's tax-exempt status?
You can verify Medford Volunteer Ambulance Inc's tax-exempt status using EIN 112502233 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
Medford Volunteer Ambulance Inc demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $1,584,684 against expenses of $1,548,662, indicating a slight surplus. The organization's assets have shown significant growth, nearly doubling from $2,352,169 in 2020 to $3,945,203 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have also increased, particularly in 2023 to $1,389,816, which warrants further investigation to understand their nature and impact on long-term financial health.
The organization appears to be highly efficient in its program spending, as indicated by the typical allocation of resources for ambulance services. The absence of reported officer compensation across all available filings suggests a strong volunteer-driven model, which significantly reduces administrative overhead and maximizes funds available for direct services. This commitment to a volunteer structure enhances both spending efficiency and transparency, as a substantial portion of leadership costs are eliminated. The consistent filing of IRS 990 forms over 13 periods further demonstrates a commitment to regulatory compliance and financial transparency.