Delta Ambulance Corp
Delta Ambulance Corp faces significant financial challenges with consistent operational deficits and declining assets.
EIN: 10329792 · Waterville, ME · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $8.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $2.1M |
| Transparency Score | 55/100 |
Is Delta Ambulance Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delta Ambulance Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delta Ambulance Corp
Delta Ambulance Corp (EIN: 10329792) is a nonprofit organization based in Waterville, ME, classified under NTEE code E62Z. The organization reported total revenue of $10.7M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delta Ambulance Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delta Ambulance Corp is a large nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-2,145,199 |
| Total Assets | $5.1M |
| Total Liabilities | $3.0M |
| Net Assets | $2.1M |
| Operating Margin | -34.2% |
| Debt-to-Asset Ratio | 58.1% |
| Months of Reserves | 7.3 months |
Financial Health Grade: C
In 2023, Delta Ambulance Corp reported a deficit of $2.1M with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 58.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Delta Ambulance Corp's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | -11.6% | -27.7% |
| 2022 | -27.3% | +3.7% | -34.2% |
| 2021 | +4.5% | +6.6% | -2.8% |
| 2020 | +7.6% | +4.2% | +6.2% |
| 2019 | -1.2% | +4.1% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Delta Ambulance Corp with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Delta Ambulance Corp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries. This is a highly unusual and positive aspect for an organization with annual revenues exceeding $6 million, suggesting a strong commitment to directing funds towards operations rather than top-level salaries.
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 Delta Ambulance Corp's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in multiple recent years (e.g., 2023, 2022, 2021, 2019, 2017).
- Significant decline in assets: Assets have dropped from over $11 million in 2020 to approximately $5 million in 2023.
- High liabilities relative to assets: In 2023, liabilities were $2,957,184 against assets of $5,092,419, indicating a substantial portion of assets are offset by debt.
Strengths
The following positive indicators were identified for Delta Ambulance Corp:
- Zero reported officer compensation: This indicates a strong commitment to directing funds towards the mission rather than top-level salaries.
- Consistent revenue generation: Despite deficits, the organization consistently generates over $6 million in annual revenue, demonstrating a base of support or service demand.
Frequently Asked Questions about Delta Ambulance Corp
Is Delta Ambulance Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Delta Ambulance Corp (EIN: 10329792) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Delta Ambulance Corp spend its money?
Delta Ambulance Corp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Delta Ambulance Corp tax-deductible?
Delta Ambulance Corp is registered as a tax-exempt nonprofit (EIN: 10329792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Delta Ambulance Corp CEO make?
Delta Ambulance Corp's highest-compensated officer earns $6 annually. The organization reported $10.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Delta Ambulance Corp's spending goes to programs?
Delta Ambulance Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Delta Ambulance Corp compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Delta Ambulance Corp is near average for NTEE category E62Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Delta Ambulance Corp located?
Delta Ambulance Corp is headquartered in Waterville, Maine and files with the IRS under EIN 10329792. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Delta Ambulance Corp have?
Delta Ambulance Corp 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 $10.7M in total revenue.
Why has Delta Ambulance Corp experienced consistent operational deficits in recent years?
The filings show that expenses have exceeded revenue in multiple recent periods, such as $8,411,668 in expenses vs. $6,266,469 in revenue in 2023, and $9,518,871 in expenses vs. $6,523,644 in revenue in 2022. The specific reasons for this imbalance are not detailed in the provided data but warrant further investigation.
What is causing the significant decline in assets?
Assets have decreased from $11,011,395 in 2020 to $5,092,419 in 2023. This decline is likely a direct consequence of the organization's consistent operational deficits, where expenses outpace revenue, forcing the organization to draw down its reserves.
How does Delta Ambulance Corp manage without paying officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It suggests that leadership roles may be filled by volunteers, or compensation is structured in a way not captured under 'officer compensation' on the 990, or key leadership roles are compensated through other means not disclosed in this specific line item.
What is the long-term sustainability outlook for Delta Ambulance Corp given its financial trends?
The current trend of recurring operational deficits and declining assets raises serious concerns about long-term sustainability. Without a significant change in financial strategy to either increase revenue or decrease expenses, the organization's ability to continue its mission at the current scale is at risk.
Filing History
IRS 990 filing history for Delta Ambulance Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delta Ambulance Corp's revenue has grown by 1.5%, moving from $6.2M to $6.3M. Total assets decreased by 49.7% over the same period, from $10.1M to $5.1M. Total functional expenses rose by 50.2%, from $5.6M to $8.4M. In its most recent filing year (2023), Delta Ambulance Corp reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $5.1M in assets (debt-to-asset ratio: 58.1%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $8.4M | $5.1M | $3.0M | — | View 990 |
| 2022 | $6.5M | $9.5M | $7.0M | $2.8M | — | View 990 |
| 2021 | $9.0M | $9.2M | $10.7M | $2.8M | — | View 990 |
| 2020 | $8.6M | $8.6M | $11.0M | $2.7M | — | View 990 |
| 2019 | $8.0M | $8.3M | $10.4M | $2.3M | — | View 990 |
| 2018 | $8.1M | $7.9M | $10.4M | $2.4M | — | View 990 |
| 2017 | $7.3M | $7.8M | $10.7M | $2.3M | — | View 990 |
| 2016 | $7.8M | $7.4M | $10.9M | $2.3M | — | View 990 |
| 2015 | $7.4M | $7.5M | $10.7M | $2.4M | — | View 990 |
| 2014 | $7.6M | $7.4M | $11.0M | $2.5M | — | View 990 |
| 2013 | $7.4M | $6.5M | $10.6M | $2.5M | — | View 990 |
| 2012 | $6.2M | $6.1M | $10.3M | $3.1M | — | View 990 |
| 2011 | $6.2M | $5.6M | $10.1M | $3.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $8.4M, and assets of $5.1M (revenue -3.9% year-over-year).
- 2022: Revenue of $6.5M, expenses of $9.5M, and assets of $7.0M (revenue -27.3% year-over-year).
- 2021: Revenue of $9.0M, expenses of $9.2M, and assets of $10.7M (revenue +4.5% year-over-year).
- 2020: Revenue of $8.6M, expenses of $8.6M, and assets of $11.0M (revenue +7.6% year-over-year).
- 2019: Revenue of $8.0M, expenses of $8.3M, and assets of $10.4M (revenue -1.2% year-over-year).
- 2018: Revenue of $8.1M, expenses of $7.9M, and assets of $10.4M (revenue +10.6% year-over-year).
- 2017: Revenue of $7.3M, expenses of $7.8M, and assets of $10.7M (revenue -5.8% year-over-year).
- 2016: Revenue of $7.8M, expenses of $7.4M, and assets of $10.9M (revenue +4.0% year-over-year).
- 2015: Revenue of $7.4M, expenses of $7.5M, and assets of $10.7M (revenue -2.2% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.4M, and assets of $11.0M (revenue +3.4% year-over-year).
- 2013: Revenue of $7.4M, expenses of $6.5M, and assets of $10.6M (revenue +17.9% year-over-year).
- 2012: Revenue of $6.2M, expenses of $6.1M, and assets of $10.3M (revenue +1.2% year-over-year).
- 2011: Revenue of $6.2M, expenses of $5.6M, and assets of $10.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delta Ambulance Corp:
Data Sources and Methodology
This transparency report for Delta Ambulance Corp 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.