Caledonia Essex Area Ambulance
Caledonia Essex Area Ambulance: Consistent Deficits Raise Sustainability Concerns
EIN: 222532563 · St Johnsbury, VT · NTEE: E62Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $972K |
| Transparency Score | 85/100 |
Is Caledonia Essex Area Ambulance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caledonia Essex Area Ambulance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caledonia Essex Area Ambulance
Caledonia Essex Area Ambulance (EIN: 222532563) is a nonprofit organization based in St Johnsbury, VT, classified under NTEE code E62Z. The organization reported total revenue of $2.6M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caledonia Essex Area Ambulance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caledonia Essex Area Ambulance is a mid-size nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-56,457 |
| Total Assets | $1.2M |
| Total Liabilities | $277K |
| Net Assets | $972K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 22.2% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Caledonia Essex Area Ambulance reported a deficit of $56K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 22.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Caledonia Essex Area Ambulance's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +3.6% | +3.5% |
| 2022 | -33.5% | -5.3% | -24.1% |
| 2021 | +3.7% | -4.6% | +11.0% |
| 2020 | +9.6% | +8.0% | +10.0% |
| 2019 | -5.9% | -6.3% | +27.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Caledonia Essex Area Ambulance with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Caledonia Essex Area Ambulance allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the lack of specific compensation data in the provided financial filings.
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 Caledonia Essex Area Ambulance's IRS 990 filings:
- Consistent operating deficits over multiple years (e.g., $56,457 in 2023, $343,057 in 2022) raise concerns about long-term financial sustainability.
- Total liabilities have shown an upward trend in recent years, reaching $277,073 in 2023, which could impact financial stability.
- The absence of detailed executive compensation information in the filings limits transparency and makes it difficult to evaluate appropriate use of funds.
Strengths
The following positive indicators were identified for Caledonia Essex Area Ambulance:
- The organization consistently reports significant revenue, indicating a strong base of support or service demand.
- Despite deficits, the organization maintains substantial assets, with $1,249,088 in 2023, providing some financial buffer.
- The organization has a long operating history, suggesting established community presence and experience.
Frequently Asked Questions about Caledonia Essex Area Ambulance
Is Caledonia Essex Area Ambulance a legitimate charity?
Based on AI analysis of IRS 990 filings, Caledonia Essex Area Ambulance (EIN: 222532563) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Caledonia Essex Area Ambulance spend its money?
Caledonia Essex Area Ambulance directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Caledonia Essex Area Ambulance tax-deductible?
Caledonia Essex Area Ambulance is registered as a tax-exempt nonprofit (EIN: 222532563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caledonia Essex Area Ambulance's spending goes to programs?
Caledonia Essex Area Ambulance directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Caledonia Essex Area Ambulance compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Caledonia Essex Area Ambulance is above average for NTEE category E62Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Caledonia Essex Area Ambulance located?
Caledonia Essex Area Ambulance is headquartered in St Johnsbury, Vermont and files with the IRS under EIN 222532563. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Caledonia Essex Area Ambulance have?
Caledonia Essex Area Ambulance has 14 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 $2.6M in total revenue.
What does Caledonia Essex Area Ambulance do?
Caledonia Essex Area Ambulance is a nonprofit organization in the Health Care sector, located in St Johnsbury, Vermont. It is classified under NTEE code E62Z.
How much revenue does Caledonia Essex Area Ambulance have?
Caledonia Essex Area Ambulance reported total revenue of $2,588,056. Based on 14 IRS 990 filings on record.
What are Caledonia Essex Area Ambulance's total assets?
Caledonia Essex Area Ambulance holds total assets of $1,556,971 as reported in IRS 990 filings.
Where is Caledonia Essex Area Ambulance located?
Caledonia Essex Area Ambulance is based in St Johnsbury, Vermont.
What is Caledonia Essex Area Ambulance's EIN?
Caledonia Essex Area Ambulance's Employer Identification Number (EIN) is 222532563. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Caledonia Essex Area Ambulance?
Caledonia Essex Area Ambulance is classified under NTEE code E62Z (Health Care).
Is Caledonia Essex Area Ambulance a registered 501(c)(3)?
Yes, Caledonia Essex Area Ambulance is recognized as a tax-exempt organization by the IRS. EIN: 222532563.
Does Caledonia Essex Area Ambulance file IRS Form 990?
Yes, Caledonia Essex Area Ambulance has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Caledonia Essex Area Ambulance's revenue in 2023?
In the 202312 filing period, Caledonia Essex Area Ambulance reported total revenue of $1,937,443, total expenses of $1,993,900, and net assets of $1,249,088.
Is Caledonia Essex Area Ambulance's revenue growing or declining?
Caledonia Essex Area Ambulance's revenue is growing. Revenue went from $1,581,218 (202212) to $1,937,443 (202312), a +22.5% change. Based on 14 filings on record.
What is Caledonia Essex Area Ambulance's most recent 990 filing?
The most recent IRS Form 990 filing for Caledonia Essex Area Ambulance covers tax period 202312. It shows revenue of $1,937,443, expenses of $1,993,900, total assets of $1,249,088, and liabilities of $277,073.
How much does Caledonia Essex Area Ambulance spend on programs vs administration?
Based on IRS 990 analysis, Caledonia Essex Area Ambulance allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Caledonia Essex Area Ambulance a trustworthy charity?
Based on AI analysis of IRS 990 data, Caledonia Essex Area Ambulance appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Caledonia Essex Area Ambulance?
The following concerns were identified: Consistent operating deficits over multiple years (e.g., $56,457 in 2023, $343,057 in 2022) raise concerns about long-term financial sustainability.. Total liabilities have shown an upward trend in recent years, reaching $277,073 in 2023, which could impact financial stability.. The absence of detailed executive compensation information in the filings limits transparency and makes it difficult to evaluate appropriate use of funds.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Caledonia Essex Area Ambulance's strengths?
Positive indicators for Caledonia Essex Area Ambulance include: The organization consistently reports significant revenue, indicating a strong base of support or service demand.. Despite deficits, the organization maintains substantial assets, with $1,249,088 in 2023, providing some financial buffer.. The organization has a long operating history, suggesting established community presence and experience.. These findings are derived from AI analysis of the organization's financial filings.
How does Caledonia Essex Area Ambulance compensate executives?
Executive compensation cannot be assessed due to the lack of specific compensation data in the provided financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating deficits, what strategies are in place to achieve financial equilibrium and ensure long-term viability?
The provided data consistently shows expenses exceeding revenue. For example, in 2023, revenue was $1,937,443 while expenses were $1,993,900, resulting in a deficit. This trend suggests a need for either increased revenue generation or cost reduction strategies to ensure the organization's sustainability.
How does the organization manage its increasing liabilities, which reached $277,073 in 2023, and what is the plan to reduce this debt burden?
The increase in liabilities, from $177,741 in 2022 to $277,073 in 2023, indicates a growing debt. Without further information, it's unclear if these are short-term operational debts or long-term obligations, and what specific strategies are being employed to manage or reduce them.
Filing History
IRS 990 filing history for Caledonia Essex Area Ambulance showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Caledonia Essex Area Ambulance's revenue has grown by 96.3%, moving from $987K to $1.9M. Total assets increased by 26.4% over the same period, from $988K to $1.2M. Total functional expenses rose by 139%, from $834K to $2.0M. In its most recent filing year (2023), Caledonia Essex Area Ambulance reported a deficit of $56K, with expenses exceeding revenue. The organization holds $277K in liabilities against $1.2M in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $972K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $1.2M | $277K | — | View 990 |
| 2022 | $1.6M | $1.9M | $1.2M | $178K | — | — |
| 2021 | $2.4M | $2.0M | $1.6M | $217K | — | View 990 |
| 2020 | $2.3M | $2.1M | $1.4M | $407K | — | — |
| 2019 | $2.1M | $2.0M | $1.3M | $441K | — | View 990 |
| 2018 | $2.2M | $2.1M | $1.0M | $285K | — | View 990 |
| 2017 | $2.3M | $2.2M | $1.1M | $448K | — | View 990 |
| 2016 | $2.1M | $2.1M | $994K | $404K | — | View 990 |
| 2015 | $1.9M | $1.9M | $928K | $272K | — | View 990 |
| 2014 | $1.9M | $1.9M | $973K | $368K | — | View 990 |
| 2013 | $1.4M | $1.4M | $1.0M | $470K | — | View 990 |
| 2012 | $801K | $987K | $732K | $159K | — | View 990 |
| 2011 | $838K | $924K | $900K | $142K | — | View 990 |
| 2010 | $987K | $834K | $988K | $143K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $1.2M (revenue +22.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.9M, and assets of $1.2M (revenue -33.5% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.0M, and assets of $1.6M (revenue +3.7% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $1.4M (revenue +9.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $1.3M (revenue -5.9% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $1.0M (revenue -2.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $1.1M (revenue +10.5% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $994K (revenue +7.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $928K (revenue +0.1% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $973K (revenue +34.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $1.0M (revenue +78.6% year-over-year).
- 2012: Revenue of $801K, expenses of $987K, and assets of $732K (revenue -4.3% year-over-year).
- 2011: Revenue of $838K, expenses of $924K, and assets of $900K (revenue -15.1% year-over-year).
- 2010: Revenue of $987K, expenses of $834K, and assets of $988K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caledonia Essex Area Ambulance:
Data Sources and Methodology
This transparency report for Caledonia Essex Area Ambulance 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.