Quick charity verification for Raymond Ambulance Inc (EIN: 20419693)
Verdict: Raymond Ambulance Inc appears trustworthy
85/100Mission Score
$699KRevenue
$182KAssets
1Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2022, 2020), indicating potential operational deficits.
Strengths
Consistent reporting of 0% officer compensation, indicating highly efficient leadership and volunteer-driven operations.
Healthy asset-to-liability ratio ($288,799 assets vs. $50,682 liabilities in 2023), providing a strong financial cushion.
Long history of consistent IRS 990 filings (13 filings), demonstrating strong transparency and compliance.
Spending Breakdown
How Raymond Ambulance Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Raymond Ambulance Inc
Is Raymond Ambulance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Raymond Ambulance Inc (EIN: 20419693) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Raymond Ambulance Inc a good charity to donate to?
Raymond Ambulance Inc has a Mission Score of 85/100. Revenue: $699K. Assets: $182K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Raymond Ambulance Inc?
The Employer Identification Number (EIN) for Raymond Ambulance Inc is 20419693. 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 Raymond Ambulance Inc spend its money?
Raymond Ambulance Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Raymond Ambulance Inc's tax-exempt status?
You can verify Raymond Ambulance Inc's tax-exempt status using EIN 20419693 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
Raymond Ambulance Inc. demonstrates a consistent commitment to its mission of providing emergency medical services, as evidenced by its NTEE code E62Z. Financially, the organization has experienced some fluctuations in recent years. In 2023, expenses ($748,895) exceeded revenue ($694,246), resulting in a deficit, a trend also observed in 2022 and 2020. This indicates a need for careful financial management to ensure long-term sustainability. Despite these deficits, the organization maintains a healthy asset base relative to its liabilities, with assets of $288,799 and liabilities of $50,682 in 2023, suggesting a reasonable financial cushion.
The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is likely volunteer-driven at the leadership level, which can significantly reduce administrative overhead and maximize funds directed towards programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. Transparency is high due to consistent 990 filings and the clear reporting of financial metrics.
Overall, Raymond Ambulance Inc. appears to be a dedicated and efficiently run organization, though it faces the common challenge of balancing expenses with revenue in certain periods. Its strong asset-to-liability ratio and zero officer compensation are significant strengths, indicating a well-managed and mission-focused entity. Continued monitoring of revenue generation and expense control will be crucial for sustained financial health.