Anson Madison Ambulance Service Inc Main St Anson Me
Anson Madison Ambulance Service consistently operates with no reported officer compensation, maintaining stable finances and growing assets.
EIN: 10445163 · Madison, ME · NTEE: M23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $554K |
| Transparency Score | 92/100 |
Is Anson Madison Ambulance Service Inc Main St Anson Me Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anson Madison Ambulance Service Inc Main St Anson Me directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anson Madison Ambulance Service Inc Main St Anson Me
Anson Madison Ambulance Service Inc Main St Anson Me (EIN: 10445163) is a nonprofit organization based in Madison, ME, classified under NTEE code M23. The organization reported total revenue of $1.3M and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anson Madison Ambulance Service Inc Main St Anson Me's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anson Madison Ambulance Service Inc Main St Anson Me is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$81K |
| Total Assets | $606K |
| Total Liabilities | $52K |
| Net Assets | $554K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Anson Madison Ambulance Service Inc Main St Anson Me reported a surplus of $81K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Anson Madison Ambulance Service Inc Main St Anson Me's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +12.9% | +9.7% |
| 2022 | -18.2% | +3.0% | -15.1% |
| 2021 | +15.0% | +6.7% | +1.1% |
| 2020 | -11.1% | -14.9% | +36.1% |
| 2019 | +11.5% | +15.8% | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anson Madison Ambulance Service Inc Main St Anson Me with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Anson Madison Ambulance Service Inc Main St Anson Me allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.6%.
Executive Compensation Analysis
Anson Madison Ambulance Service Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led or highly efficient leadership structure, directing all available funds towards operational expenses and service delivery.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Anson Madison Ambulance Service Inc Main St Anson Me:
- No reported officer compensation, indicating efficient use of funds for mission-related activities.
- Consistent revenue generation, generally between $900,000 and $1.2 million annually, supporting stable operations.
- Growing asset base, increasing from $337,024 in 2014 to $606,028 in 2023, demonstrating financial health.
- Low liabilities relative to assets, suggesting a strong balance sheet and fiscal responsibility.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Anson Madison Ambulance Service Inc Main St Anson Me
Is Anson Madison Ambulance Service Inc Main St Anson Me a legitimate charity?
Based on AI analysis of IRS 990 filings, Anson Madison Ambulance Service Inc Main St Anson Me (EIN: 10445163) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Anson Madison Ambulance Service Inc Main St Anson Me spend its money?
Anson Madison Ambulance Service Inc Main St Anson Me directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anson Madison Ambulance Service Inc Main St Anson Me tax-deductible?
Anson Madison Ambulance Service Inc Main St Anson Me is registered as a tax-exempt nonprofit (EIN: 10445163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Anson Madison Ambulance Service Inc Main St Anson Me's spending goes to programs?
Anson Madison Ambulance Service Inc Main St Anson Me directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Anson Madison Ambulance Service Inc Main St Anson Me compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Anson Madison Ambulance Service Inc Main St Anson Me is above average for NTEE category M23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anson Madison Ambulance Service Inc Main St Anson Me located?
Anson Madison Ambulance Service Inc Main St Anson Me is headquartered in Madison, Maine and files with the IRS under EIN 10445163. It is classified under NTEE code M23.
How many years of IRS 990 filings does Anson Madison Ambulance Service Inc Main St Anson Me have?
Anson Madison Ambulance Service Inc Main St Anson Me has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
How does Anson Madison Ambulance Service Inc fund its operations given the lack of officer compensation?
The organization likely relies on a combination of service fees, grants, community donations, and potentially volunteer leadership to cover operational costs, as no officer compensation is reported in its IRS 990 filings.
What is the trend in the organization's net assets over the past decade?
The organization's net assets have shown a positive trend, growing from $337,024 in 2014 to $606,028 in 2023, indicating financial growth and stability.
Has the organization experienced significant financial deficits?
While there have been periods where expenses exceeded revenue, such as in 2022 ($985,096 expenses vs. $907,942 revenue), these appear to be managed within the context of overall financial health and asset growth.
Filing History
IRS 990 filing history for Anson Madison Ambulance Service Inc Main St Anson Me showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Anson Madison Ambulance Service Inc Main St Anson Me's revenue has grown by 17%, moving from $1.0M to $1.2M. Total assets increased by 57% over the same period, from $386K to $606K. Total functional expenses rose by 22.1%, from $912K to $1.1M. In its most recent filing year (2023), Anson Madison Ambulance Service Inc Main St Anson Me reported a surplus of $81K, with revenue exceeding expenses. The organization holds $52K in liabilities against $606K in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $606K | $52K | — | View 990 |
| 2022 | $908K | $985K | $552K | $79K | — | View 990 |
| 2021 | $1.1M | $957K | $650K | $100K | — | View 990 |
| 2020 | $965K | $897K | $643K | $246K | — | View 990 |
| 2019 | $1.1M | $1.1M | $473K | $144K | — | View 990 |
| 2018 | $973K | $910K | $361K | $64K | — | View 990 |
| 2017 | $1.1M | $959K | $328K | $96K | — | View 990 |
| 2016 | $909K | $1.0M | $243K | $137K | — | View 990 |
| 2015 | $999K | $1.0M | $393K | $171K | — | View 990 |
| 2014 | $885K | $921K | $337K | $67K | — | View 990 |
| 2013 | $882K | $912K | $392K | $86K | — | View 990 |
| 2012 | $951K | $936K | $446K | $110K | — | View 990 |
| 2011 | $1.0M | $912K | $386K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $606K (revenue +31.4% year-over-year).
- 2022: Revenue of $908K, expenses of $985K, and assets of $552K (revenue -18.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $957K, and assets of $650K (revenue +15.0% year-over-year).
- 2020: Revenue of $965K, expenses of $897K, and assets of $643K (revenue -11.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $473K (revenue +11.5% year-over-year).
- 2018: Revenue of $973K, expenses of $910K, and assets of $361K (revenue -10.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $959K, and assets of $328K (revenue +19.5% year-over-year).
- 2016: Revenue of $909K, expenses of $1.0M, and assets of $243K (revenue -9.0% year-over-year).
- 2015: Revenue of $999K, expenses of $1.0M, and assets of $393K (revenue +12.9% year-over-year).
- 2014: Revenue of $885K, expenses of $921K, and assets of $337K (revenue +0.4% year-over-year).
- 2013: Revenue of $882K, expenses of $912K, and assets of $392K (revenue -7.3% year-over-year).
- 2012: Revenue of $951K, expenses of $936K, and assets of $446K (revenue -6.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $912K, and assets of $386K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anson Madison Ambulance Service Inc Main St Anson Me:
Data Sources and Methodology
This transparency report for Anson Madison Ambulance Service Inc Main St Anson Me is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.