Chalfont Emergency Medical Services Inc

Is Chalfont Emergency Medical Services Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Chalfont Emergency Medical Services Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chalfont Emergency Medical Services Inc

Chalfont Emergency Medical Services Inc (EIN: 205795999) is a nonprofit organization based in Chalfont, PA, classified under NTEE code E62. The organization reported total revenue of $2.1M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chalfont Emergency Medical Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Chalfont Emergency Medical Services Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Chalfont Emergency Medical Services Inc reported a surplus of $373K with revenue exceeding expenses, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Chalfont Emergency Medical Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.

IRS Tax-Exempt Classification

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 Chalfont Emergency Medical Services Inc with a Mission Score of 95 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, Chalfont Emergency Medical Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $373K, with revenue exceeding expenses.
• Debt-to-asset ratio: 6.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly commendable for an organization of its size with revenues exceeding $1.7 million in 2023.

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 Chalfont Emergency Medical Services Inc:

• Consistent and strong revenue growth, nearly doubling from 2017 to 2023.
• Healthy and growing asset base, indicating strong financial management.
• Zero officer compensation reported across all filings, demonstrating high transparency and resource allocation to mission.
• Low liabilities relative to assets, indicating financial stability.
• Consistent surpluses (revenue exceeding expenses) in recent years, allowing for reinvestment.

Frequently Asked Questions about Chalfont Emergency Medical Services Inc

Filing History

IRS 990 filing history for Chalfont Emergency Medical Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Chalfont Emergency Medical Services Inc's revenue has grown by 139.4%, moving from $715K to $1.7M. Total assets increased by 39.5% over the same period, from $1.5M to $2.1M. Total functional expenses rose by 82.2%, from $735K to $1.3M. In its most recent filing year (2023), Chalfont Emergency Medical Services Inc reported a surplus of $373K, with revenue exceeding expenses. The organization holds $129K in liabilities against $2.1M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $2.0M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.7M, expenses of $1.3M, and assets of $2.1M (revenue +15.4% year-over-year).
• 2022: Revenue of $1.5M, expenses of $1.2M, and assets of $1.8M (revenue +1.9% year-over-year).
• 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $1.8M (revenue +44.0% year-over-year).
• 2020: Revenue of $1.0M, expenses of $916K, and assets of $1.4M (revenue -6.0% year-over-year).
• 2019: Revenue of $1.1M, expenses of $964K, and assets of $1.4M (revenue +6.9% year-over-year).
• 2018: Revenue of $1.0M, expenses of $903K, and assets of $1.2M (revenue +17.6% year-over-year).
• 2017: Revenue of $856K, expenses of $954K, and assets of $1.1M (revenue +4.0% year-over-year).
• 2016: Revenue of $823K, expenses of $860K, and assets of $1.2M (revenue +1.5% year-over-year).
• 2015: Revenue of $810K, expenses of $855K, and assets of $1.3M (revenue -0.3% year-over-year).
• 2014: Revenue of $813K, expenses of $924K, and assets of $1.4M (revenue -5.5% year-over-year).
• 2013: Revenue of $860K, expenses of $864K, and assets of $1.5M (revenue +6.6% year-over-year).
• 2012: Revenue of $807K, expenses of $810K, and assets of $1.5M (revenue +12.8% year-over-year).
• 2011: Revenue of $715K, expenses of $735K, and assets of $1.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chalfont Emergency Medical Services Inc:

Data Sources and Methodology

This transparency report for Chalfont Emergency Medical Services 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.