Gates Volunteer Ambulance Service Inc
Gates Volunteer Ambulance Service Inc shows strong revenue growth and no reported officer compensation in its latest filing.
EIN: 166054869 · Rochester, NY · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $3.6M |
| Transparency Score | 95/100 |
Is Gates Volunteer 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 →
Gates Volunteer Ambulance Service Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gates Volunteer Ambulance Service Inc
Gates Volunteer Ambulance Service Inc (EIN: 166054869) is a nonprofit organization based in Rochester, NY, classified under NTEE code E62Z. The organization reported total revenue of $4.9M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gates Volunteer Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gates Volunteer Ambulance Service Inc is a mid-size 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 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $5.5M |
| Total Liabilities | $1.9M |
| Net Assets | $3.6M |
| Operating Margin | 25.3% |
| Debt-to-Asset Ratio | 34.5% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2023, Gates Volunteer Ambulance Service Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 34.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gates Volunteer Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.4% | +16.5% | +31.7% |
| 2022 | -3.1% | +14.5% | -12.8% |
| 2021 | +20.7% | -1.5% | +4.6% |
| 2020 | -4.8% | -5.9% | +0.5% |
| 2019 | +5.7% | +3.5% | -2.6% |
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 Gates Volunteer Ambulance Service 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Gates Volunteer 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.5%.
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 annual revenues approaching $6 million.
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 Gates Volunteer Ambulance Service Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
- Significant revenue growth in the latest fiscal period (2023 revenue of $5,851,941).
- Healthy operating surplus in 2023, with revenue exceeding expenses by over $1.4 million.
- Decreasing liabilities over the past decade, improving the organization's financial stability (from $3,984,059 in 2014 to $1,904,055 in 2023).
- Consistent filing of IRS 990s over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Gates Volunteer Ambulance Service Inc
Is Gates Volunteer Ambulance Service Inc a legitimate charity?
Gates Volunteer Ambulance Service Inc (EIN: 166054869) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.9M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Gates Volunteer Ambulance Service Inc spend its money?
Gates Volunteer Ambulance Service Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gates Volunteer Ambulance Service Inc tax-deductible?
Gates Volunteer Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 166054869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gates Volunteer Ambulance Service Inc CEO make?
Gates Volunteer Ambulance Service Inc's highest-compensated officer earns $6 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gates Volunteer Ambulance Service Inc's spending goes to programs?
Gates Volunteer Ambulance Service Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gates Volunteer Ambulance Service Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Gates Volunteer 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 Gates Volunteer Ambulance Service Inc located?
Gates Volunteer Ambulance Service Inc is headquartered in Rochester, New York and files with the IRS under EIN 166054869. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Gates Volunteer Ambulance Service Inc have?
Gates Volunteer 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 $4.9M in total revenue.
Is Gates Volunteer Ambulance Service Inc a good charity?
Based on the available data, Gates Volunteer Ambulance Service Inc appears to be a very good charity. It consistently reports 0% officer compensation, has shown strong revenue growth in its latest filing ($5,851,941), and maintains a healthy asset base while reducing liabilities.
How has the organization's financial health changed over time?
The organization's financial health has generally improved. While there were periods of expenses exceeding revenue (e.g., 2019, 2018, 2015, 2014), the latest filing (2023) shows a significant surplus with revenue of $5,851,941 against expenses of $4,373,703. Liabilities have also significantly decreased from $3,984,059 in 2014 to $1,904,055 in 2023.
What is the trend in revenue and expenses?
Revenue has shown an upward trend, particularly with a notable jump in 2023 to $5,851,941 from $3,838,975 in 2022. Expenses have also increased but at a slower rate, leading to a substantial operating surplus in the latest period.
Filing History
IRS 990 filing history for Gates Volunteer Ambulance Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gates Volunteer Ambulance Service Inc's revenue has grown by 119.9%, moving from $2.7M to $5.9M. Total assets increased by 0.6% over the same period, from $5.5M to $5.5M. Total functional expenses rose by 79.2%, from $2.4M to $4.4M. In its most recent filing year (2023), Gates Volunteer Ambulance Service Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $5.5M in assets (debt-to-asset ratio: 34.5%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $4.4M | $5.5M | $1.9M | — | — |
| 2022 | $3.8M | $3.8M | $4.2M | $2.1M | — | View 990 |
| 2021 | $4.0M | $3.3M | $4.8M | $2.8M | — | View 990 |
| 2020 | $3.3M | $3.3M | $4.6M | $3.2M | — | View 990 |
| 2019 | $3.4M | $3.5M | $4.6M | $3.2M | — | View 990 |
| 2018 | $3.3M | $3.4M | $4.7M | $3.2M | — | View 990 |
| 2017 | $3.4M | $3.3M | $5.0M | $3.4M | — | View 990 |
| 2016 | $3.4M | $3.4M | $5.1M | $3.5M | — | View 990 |
| 2015 | $3.6M | $3.7M | $5.3M | $3.8M | — | View 990 |
| 2014 | $3.3M | $3.6M | $5.6M | $4.0M | — | View 990 |
| 2013 | $2.8M | $2.8M | $5.4M | $4.0M | — | View 990 |
| 2012 | $2.7M | $2.7M | $5.7M | $4.3M | — | View 990 |
| 2011 | $2.7M | $2.4M | $5.5M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $4.4M, and assets of $5.5M (revenue +52.4% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.8M, and assets of $4.2M (revenue -3.1% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.3M, and assets of $4.8M (revenue +20.7% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.3M, and assets of $4.6M (revenue -4.8% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.5M, and assets of $4.6M (revenue +5.7% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $4.7M (revenue -3.7% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.3M, and assets of $5.0M (revenue +0.3% year-over-year).
- 2016: Revenue of $3.4M, expenses of $3.4M, and assets of $5.1M (revenue -5.3% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.7M, and assets of $5.3M (revenue +7.7% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.6M, and assets of $5.6M (revenue +16.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $5.4M (revenue +3.8% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $5.7M (revenue +2.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.4M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gates Volunteer Ambulance Service Inc:
Data Sources and Methodology
This transparency report for Gates Volunteer 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.