Diaz Memorial Ambulance Service Inc
Diaz Memorial Ambulance Service shows consistent revenue growth and strong financial health with no reported officer compensation.
EIN: 141602545 · Saugerties, NY · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Diaz Memorial Ambulance Service Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Diaz Memorial Ambulance Service Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diaz Memorial Ambulance Service Inc
Diaz Memorial Ambulance Service Inc (EIN: 141602545) is a nonprofit organization based in Saugerties, NY, classified under NTEE code E62Z. The organization reported total revenue of $2.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diaz Memorial Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diaz Memorial Ambulance Service Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$286K |
| Total Assets | $1.4M |
| Total Liabilities | $316K |
| Net Assets | $1.1M |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Diaz Memorial Ambulance Service Inc reported a surplus of $286K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2023), Diaz Memorial Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | +11.1% | +21.3% |
| 2022 | +82.0% | +79.5% | +14.0% |
| 2021 | -35.0% | -25.2% | -3.3% |
| 2021 | +15.7% | -0.1% | +13.1% |
| 2020 | +9.1% | +6.7% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Diaz Memorial Ambulance Service Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Diaz Memorial Ambulance Service Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $286K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization. This suggests a volunteer-led or highly efficient administrative structure, allowing more funds to be directed towards program services.
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 Diaz Memorial Ambulance Service Inc:
- Consistent revenue growth, reaching $2,632,533 in 202312.
- Strong asset growth, with assets at $1,378,046 in 202312.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Positive net income in recent years (e.g., $2,632,533 revenue vs. $2,346,968 expenses in 202312).
- Excellent transparency with consistent IRS 990 filings.
Frequently Asked Questions about Diaz Memorial Ambulance Service Inc
Is Diaz Memorial Ambulance Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Diaz Memorial Ambulance Service Inc (EIN: 141602545) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Diaz Memorial Ambulance Service Inc spend its money?
Diaz Memorial Ambulance Service Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Diaz Memorial Ambulance Service Inc tax-deductible?
Diaz Memorial Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 141602545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Diaz Memorial Ambulance Service Inc's spending goes to programs?
Diaz Memorial Ambulance Service Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Diaz Memorial Ambulance Service Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Diaz Memorial Ambulance Service Inc 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 Diaz Memorial Ambulance Service Inc located?
Diaz Memorial Ambulance Service Inc is headquartered in Saugerties, New York and files with the IRS under EIN 141602545. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Diaz Memorial Ambulance Service Inc have?
Diaz Memorial Ambulance Service Inc 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 $2.9M in total revenue.
Is Diaz Memorial Ambulance Service Inc. a good charity?
Based on the available financial data, Diaz Memorial Ambulance Service Inc. appears to be a very good charity. They demonstrate strong financial health, consistent revenue growth, and a remarkable commitment to their mission by reporting 0% officer compensation across all filings, meaning funds are primarily directed to services.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, particularly in recent years. Revenue increased from $1,190,584 in 202112 to $2,632,533 in 202312, indicating a substantial expansion of their financial capacity.
What is the trend in the organization's assets?
Assets have consistently grown, from $620,378 in 201604 to $1,378,046 in 202312, demonstrating a healthy accumulation of resources and financial stability.
Filing History
IRS 990 filing history for Diaz Memorial Ambulance Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Diaz Memorial Ambulance Service Inc's revenue has grown by 112.6%, moving from $1.2M to $2.6M. Total assets increased by 92.3% over the same period, from $717K to $1.4M. Total functional expenses rose by 92.6%, from $1.2M to $2.3M. In its most recent filing year (2023), Diaz Memorial Ambulance Service Inc reported a surplus of $286K, with revenue exceeding expenses. The organization holds $316K in liabilities against $1.4M in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.3M | $1.4M | $316K | — | — |
| 2022 | $2.2M | $2.1M | $1.1M | $392K | — | View 990 |
| 2021 | $1.2M | $1.2M | $997K | $381K | — | View 990 |
| 2021 | $1.8M | $1.6M | $1.0M | $429K | — | View 990 |
| 2020 | $1.6M | $1.6M | $912K | $567K | — | View 990 |
| 2019 | $1.5M | $1.5M | $762K | $425K | — | View 990 |
| 2018 | $1.5M | $1.4M | $854K | $492K | — | View 990 |
| 2017 | $1.4M | $1.3M | $735K | $482K | — | View 990 |
| 2016 | $1.2M | $1.3M | $620K | $313K | — | View 990 |
| 2015 | $1.3M | $1.3M | $690K | $295K | — | View 990 |
| 2014 | $1.2M | $1.3M | $636K | $265K | — | View 990 |
| 2013 | $1.3M | $1.3M | $678K | $239K | — | View 990 |
| 2012 | $1.2M | $1.2M | $717K | $305K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.3M, and assets of $1.4M (revenue +21.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.1M, and assets of $1.1M (revenue +82.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $997K (revenue -35.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $1.0M (revenue +15.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.6M, and assets of $912K (revenue +9.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $762K (revenue -5.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $854K (revenue +13.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.3M, and assets of $735K (revenue +10.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $620K (revenue -6.6% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $690K (revenue +6.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $636K (revenue -4.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $678K (revenue +4.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $717K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diaz Memorial Ambulance Service Inc:
Data Sources and Methodology
This transparency report for Diaz Memorial Ambulance Service 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.