Atlantic Partners Ems Inc
Atlantic Partners Ems Inc faces declining revenue and operating deficits, raising financial sustainability concerns.
EIN: 10373341 · Winslow, ME · NTEE: E62Z · Updated: 2026-03-28
Is Atlantic Partners Ems Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Partners Ems Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Partners Ems Inc
Atlantic Partners Ems Inc (EIN: 10373341) is a nonprofit organization based in Winslow, ME, classified under NTEE code E62Z. The organization reported total revenue of $609K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Partners Ems Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlantic Partners Ems Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Atlantic Partners Ems Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Atlantic Partners Ems Inc's IRS 990 filings:
- Significant and consistent decline in revenue from $1,376,703 in 202106 to $585,930 in 202306.
- Operating deficits in multiple recent periods, including 202306 (expenses $647,205 vs. revenue $585,930) and 202006 (expenses $1,267,984 vs. revenue $1,161,826).
- Historical periods where liabilities exceeded assets, such as 202006 ($287,122 liabilities vs. $160,574 assets), indicating potential solvency issues.
Strengths
The following positive indicators were identified for Atlantic Partners Ems Inc:
- Consistent reporting of 0% officer compensation across all filing periods, demonstrating a strong commitment to mission-focused spending.
- Regular filing of IRS 990s, indicating transparency and compliance.
- Provision of essential emergency medical services (NTEE E62Z) to the community.
Frequently Asked Questions about Atlantic Partners Ems Inc
Is Atlantic Partners Ems Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Partners Ems Inc (EIN: 10373341) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Atlantic Partners Ems Inc spend its money?
Atlantic Partners Ems Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Partners Ems Inc tax-deductible?
Atlantic Partners Ems Inc is registered as a tax-exempt nonprofit (EIN: 10373341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Atlantic Partners Ems Inc financially stable?
The organization's financial stability is questionable given the recent decline in revenue from $1,376,703 in 202106 to $585,930 in 202306, coupled with operating deficits in multiple years, including the latest period where expenses ($647,205) exceeded revenue ($585,930).
How has the organization's revenue trended over time?
Atlantic Partners Ems Inc experienced a peak in revenue in 202106 at $1,376,703, but has since seen a significant downward trend, with the latest reported revenue in 202306 at $585,930, representing a more than 50% decrease from its peak.
Does the organization pay its executives?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation is paid to its officers.
Are the organization's assets sufficient to cover its liabilities?
In some periods, such as 202006, liabilities ($287,122) significantly exceeded assets ($160,574). While the latest filing (202306) shows assets ($118,903) exceeding liabilities ($75,771), the historical trend suggests periods of financial strain.
Filing History
IRS 990 filing history for Atlantic Partners Ems Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlantic Partners Ems Inc's revenue has grown by 68.1%, moving from $349K to $586K. Total assets decreased by 0.3% over the same period, from $119K to $119K. Total functional expenses rose by 62.6%, from $398K to $647K. In its most recent filing year (2023), Atlantic Partners Ems Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $76K in liabilities against $119K in assets (debt-to-asset ratio: 63.7%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $586K | $647K | $119K | $76K | — | View 990 |
| 2022 | $774K | $754K | $191K | $87K | — | View 990 |
| 2021 | $1.4M | $1.2M | $187K | $101K | — | View 990 |
| 2020 | $1.2M | $1.3M | $161K | $287K | — | View 990 |
| 2019 | $1.1M | $1.2M | $146K | $166K | — | View 990 |
| 2018 | $1.2M | $1.2M | $214K | $163K | — | View 990 |
| 2017 | $1.3M | $1.3M | $215K | $149K | — | View 990 |
| 2016 | $1.3M | $1.3M | $259K | $229K | — | View 990 |
| 2015 | $965K | $952K | $166K | $120K | — | View 990 |
| 2014 | $1.0M | $1.1M | $256K | $122K | — | View 990 |
| 2013 | $991K | $999K | $280K | $114K | — | View 990 |
| 2012 | $944K | $934K | $254K | $85K | — | View 990 |
| 2011 | $349K | $398K | $119K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $586K, expenses of $647K, and assets of $119K (revenue -24.3% year-over-year).
- 2022: Revenue of $774K, expenses of $754K, and assets of $191K (revenue -43.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $187K (revenue +18.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $161K (revenue +7.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $146K (revenue -11.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $214K (revenue -7.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $215K (revenue +5.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $259K (revenue +29.6% year-over-year).
- 2015: Revenue of $965K, expenses of $952K, and assets of $166K (revenue -6.4% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $256K (revenue +3.9% year-over-year).
- 2013: Revenue of $991K, expenses of $999K, and assets of $280K (revenue +5.0% year-over-year).
- 2012: Revenue of $944K, expenses of $934K, and assets of $254K (revenue +170.8% year-over-year).
- 2011: Revenue of $349K, expenses of $398K, and assets of $119K.
Data Sources and Methodology
This transparency report for Atlantic Partners Ems Inc 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.