Bayshore Brightwaters Rescue Ambulance Inc
Bayshore Brightwaters Rescue Ambulance Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 112404466 · Bay Shore, NY · Updated: 2026-03-28
Is Bayshore Brightwaters Rescue Ambulance Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bayshore Brightwaters Rescue Ambulance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bayshore Brightwaters Rescue Ambulance Inc
Bayshore Brightwaters Rescue Ambulance Inc (EIN: 112404466) is a nonprofit organization based in Bay Shore, NY. The organization reported total revenue of $4.2M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bayshore Brightwaters Rescue Ambulance 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 Bayshore Brightwaters Rescue Ambulance Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bayshore Brightwaters Rescue Ambulance 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
Bayshore Brightwaters Rescue Ambulance Inc reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a growing organization of its size with $3.8 million in 2023 revenue.
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 Bayshore Brightwaters Rescue Ambulance Inc:
- Strong and consistent revenue growth, increasing from $1.29M in 2015 to $3.86M in 2023.
- Significant asset accumulation, growing from $517K in 2015 to $3.84M in 2023, indicating financial stability.
- Consistent positive net income in recent years, such as $792,756 in 2023, demonstrating efficient financial management.
- 0% reported officer compensation across all filings, suggesting a high dedication of resources to the mission.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Bayshore Brightwaters Rescue Ambulance Inc
Is Bayshore Brightwaters Rescue Ambulance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bayshore Brightwaters Rescue Ambulance Inc (EIN: 112404466) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Bayshore Brightwaters Rescue Ambulance Inc spend its money?
Bayshore Brightwaters Rescue Ambulance Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bayshore Brightwaters Rescue Ambulance Inc tax-deductible?
Bayshore Brightwaters Rescue Ambulance Inc is registered as a tax-exempt nonprofit (EIN: 112404466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Bayshore Brightwaters Rescue Ambulance Inc a good charity?
Based on the provided financial data, Bayshore Brightwaters Rescue Ambulance Inc appears to be a very good charity. They demonstrate strong financial growth, efficient management with consistent positive net income, and a commitment to their mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue has grown from $1.29 million in 2015 to $3.86 million in 2023, and assets have increased from $517,225 in 2015 to $3.84 million in 2023, indicating substantial growth and stability.
What is the trend in their net income?
Bayshore Brightwaters Rescue Ambulance Inc has shown a strong positive trend in net income in recent years. In 2023, they had a net income of $792,756 ($3,865,109 revenue - $3,062,353 expenses), and in 2022, it was $439,499 ($2,942,483 revenue - $2,502,984 expenses), indicating effective financial management.
Filing History
IRS 990 filing history for Bayshore Brightwaters Rescue Ambulance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bayshore Brightwaters Rescue Ambulance Inc's revenue has grown by 240.9%, moving from $1.1M to $3.9M. Total assets increased by 752.8% over the same period, from $451K to $3.8M. Total functional expenses rose by 139.8%, from $1.3M to $3.1M. In its most recent filing year (2023), Bayshore Brightwaters Rescue Ambulance Inc reported a surplus of $803K, with revenue exceeding expenses. The organization holds $854K in liabilities against $3.8M in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.1M | $3.8M | $854K | — | — |
| 2022 | $2.9M | $2.5M | $3.4M | $1.2M | — | View 990 |
| 2021 | $3.3M | $2.2M | $2.4M | $635K | — | View 990 |
| 2020 | $2.0M | $1.7M | $1.0M | $371K | — | View 990 |
| 2019 | $1.7M | $1.6M | $1.0M | $614K | — | View 990 |
| 2018 | $1.7M | $1.6M | $1.2M | $965K | — | View 990 |
| 2017 | $1.5M | $1.5M | $526K | $445K | — | — |
| 2016 | $1.4M | $1.4M | $701K | $645K | — | View 990 |
| 2015 | $1.3M | $1.4M | $517K | $462K | — | View 990 |
| 2014 | $1.3M | $1.4M | $444K | $282K | — | View 990 |
| 2013 | $1.3M | $1.4M | $437K | $238K | — | View 990 |
| 2012 | $1.3M | $1.2M | $735K | $417K | — | View 990 |
| 2011 | $1.1M | $1.3M | $451K | $259K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.1M, and assets of $3.8M (revenue +31.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.5M, and assets of $3.4M (revenue -10.4% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.2M, and assets of $2.4M (revenue +67.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $1.0M (revenue +12.4% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $1.0M (revenue +3.0% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue +9.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $526K (revenue +9.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $701K (revenue +8.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $517K (revenue -1.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $444K (revenue +3.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $437K (revenue -3.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $735K (revenue +16.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $451K.
Data Sources and Methodology
This transparency report for Bayshore Brightwaters Rescue Ambulance 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.