G & H Ambulance Service Inc
G & H Ambulance Service Inc shows strong revenue and asset growth with volunteer leadership.
EIN: 10468460 · Hudson, ME · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $649K |
| Total Expenses | $477K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $333K |
| Transparency Score | 90/100 |
Is G & H 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 →
G & H Ambulance Service Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About G & H Ambulance Service Inc
G & H Ambulance Service Inc (EIN: 10468460) is a nonprofit organization based in Hudson, ME, classified under NTEE code E62Z. The organization reported total revenue of $649K and total assets of $422K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of G & H Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
G & H Ambulance Service Inc is a small nonprofit that has been operating for 34 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $477K |
| Surplus / Deficit | +$171K |
| Total Assets | $422K |
| Total Liabilities | $89K |
| Net Assets | $333K |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 21.0% |
| Months of Reserves | 10.6 months |
Financial Health Grade: A
In 2021, G & H Ambulance Service Inc reported a surplus of $171K with revenue exceeding expenses, holds 10.6 months of operating reserves (strong position), has a debt-to-asset ratio of 21.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), G & H Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +39.9% | +27.1% | +77.9% |
| 2020 | -4.4% | -16.7% | +121.9% |
| 2019 | +59.3% | +40.5% | +52.6% |
| 2018 | -19.6% | -17.0% | -3.3% |
| 2017 | -11.2% | -1.4% | -40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 G & H Ambulance Service 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, G & H Ambulance Service Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with revenues exceeding $600,000.
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 G & H Ambulance Service Inc:
- Strong revenue growth, increasing from $304,500 in 201806 to $648,722 in 202106.
- Significant asset growth, from $70,022 in 201806 to $421,920 in 202106, indicating improved financial capacity.
- 0% officer compensation across all reported periods, demonstrating volunteer leadership and efficient use of funds.
- Consistent positive net income in recent years (e.g., $171,355 in 202106), contributing to financial stability.
- Healthy balance sheet with assets significantly exceeding liabilities ($421,920 assets vs. $88,707 liabilities in 202106).
Frequently Asked Questions about G & H Ambulance Service Inc
Is G & H Ambulance Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, G & H Ambulance Service Inc (EIN: 10468460) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does G & H Ambulance Service Inc spend its money?
G & H Ambulance Service Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to G & H Ambulance Service Inc tax-deductible?
G & H Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 10468460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the G & H Ambulance Service Inc CEO make?
G & H Ambulance Service Inc's highest-compensated officer earns $600,000. annually. The organization reported $649K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of G & H Ambulance Service Inc's spending goes to programs?
G & H Ambulance Service Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does G & H Ambulance Service Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), G & H 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 G & H Ambulance Service Inc located?
G & H Ambulance Service Inc is headquartered in Hudson, Maine and files with the IRS under EIN 10468460. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does G & H Ambulance Service Inc have?
G & H Ambulance Service Inc has 11 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 $649K in total revenue.
Is G & H Ambulance Service Inc a good charity?
Based on the available financial data, G & H Ambulance Service Inc appears to be a well-managed charity. It demonstrates strong financial growth, maintains a healthy balance sheet with increasing assets and manageable liabilities, and operates with 0% officer compensation, indicating a high dedication to its mission.
How has G & H Ambulance Service Inc's financial health changed over time?
G & H Ambulance Service Inc has shown significant financial improvement, particularly in recent years. Revenue has grown from $304,500 in 201806 to $648,722 in 202106, and assets have increased dramatically from $70,022 in 201806 to $421,920 in 202106, indicating robust growth and strengthening financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to have none; all officer compensation is reported as 0% across all available filing periods, suggesting a volunteer-led model.
Filing History
IRS 990 filing history for G & H Ambulance Service Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), G & H Ambulance Service Inc's revenue has grown by 44%, moving from $451K to $649K. Total assets increased by 130.8% over the same period, from $183K to $422K. Total functional expenses fell by 1.3%, from $483K to $477K. In its most recent filing year (2021), G & H Ambulance Service Inc reported a surplus of $171K, with revenue exceeding expenses. The organization holds $89K in liabilities against $422K in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $649K | $477K | $422K | $89K | — | View 990 |
| 2020 | $464K | $375K | $237K | $75K | — | — |
| 2019 | $485K | $451K | $107K | $33K | — | View 990 |
| 2018 | $305K | $321K | $70K | $28K | — | View 990 |
| 2017 | $379K | $386K | $72K | $14K | — | View 990 |
| 2016 | $427K | $392K | $121K | $20K | — | View 990 |
| 2015 | $323K | $331K | $406K | $0 | — | View 990 |
| 2014 | $278K | $328K | $403K | $0 | — | View 990 |
| 2013 | $407K | $438K | $434K | $0 | — | View 990 |
| 2012 | $441K | $441K | $465K | $0 | — | View 990 |
| 2011 | $451K | $483K | $183K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $649K, expenses of $477K, and assets of $422K (revenue +39.9% year-over-year).
- 2020: Revenue of $464K, expenses of $375K, and assets of $237K (revenue -4.4% year-over-year).
- 2019: Revenue of $485K, expenses of $451K, and assets of $107K (revenue +59.3% year-over-year).
- 2018: Revenue of $305K, expenses of $321K, and assets of $70K (revenue -19.6% year-over-year).
- 2017: Revenue of $379K, expenses of $386K, and assets of $72K (revenue -11.2% year-over-year).
- 2016: Revenue of $427K, expenses of $392K, and assets of $121K (revenue +32.0% year-over-year).
- 2015: Revenue of $323K, expenses of $331K, and assets of $406K (revenue +16.2% year-over-year).
- 2014: Revenue of $278K, expenses of $328K, and assets of $403K (revenue -31.7% year-over-year).
- 2013: Revenue of $407K, expenses of $438K, and assets of $434K (revenue -7.7% year-over-year).
- 2012: Revenue of $441K, expenses of $441K, and assets of $465K (revenue -2.0% year-over-year).
- 2011: Revenue of $451K, expenses of $483K, and assets of $183K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for G & H Ambulance Service Inc:
Data Sources and Methodology
This transparency report for G & H 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.