Greece Volunteer Ambulance Service Inc
Greece Volunteer Ambulance Service Inc maintains stable operations with declining assets and no reported officer compensation.
EIN: 161126181 · Rochester, NY · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Greece Volunteer Ambulance Service Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greece Volunteer Ambulance Service Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greece Volunteer Ambulance Service Inc
Greece Volunteer Ambulance Service Inc (EIN: 161126181) is a nonprofit organization based in Rochester, NY, classified under NTEE code O20. The organization reported total revenue of $3.1M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greece Volunteer Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greece Volunteer Ambulance Service Inc is a mid-size nonprofit that has been operating for 17 years, with 6 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-18,712 |
| Total Assets | $2.5M |
| Total Liabilities | $28K |
| Net Assets | $2.4M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2017, Greece Volunteer Ambulance Service Inc reported a deficit of $19K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2017), Greece Volunteer Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +7.0% | +9.2% | +3.3% |
| 2016 | -3.3% | -4.7% | +1.5% |
| 2015 | +8.2% | +3.6% | -5.2% |
| 2014 | -2.5% | +3.0% | -6.3% |
| 2012 | +11.3% | -0.8% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Greece Volunteer Ambulance Service Inc with a Mission Score of 85 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, Greece Volunteer 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
No officer compensation has been reported across all six available filings, indicating that executive leadership is likely volunteer-based, which is highly commendable and contributes to efficient use of funds.
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 Greece Volunteer Ambulance Service Inc's IRS 990 filings:
- Significant decline in total assets over the past six years without clear explanation in provided data.
Strengths
The following positive indicators were identified for Greece Volunteer Ambulance Service Inc:
- No reported officer compensation, indicating strong volunteer leadership and efficient use of funds.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Liabilities remain low and stable, suggesting good debt management.
- Mission-critical service (ambulance) with inherently high program spending.
Frequently Asked Questions about Greece Volunteer Ambulance Service Inc
Is Greece Volunteer Ambulance Service Inc a legitimate charity?
Greece Volunteer Ambulance Service Inc (EIN: 161126181) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $3.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Greece Volunteer Ambulance Service Inc spend its money?
Greece Volunteer Ambulance Service Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Greece Volunteer Ambulance Service Inc tax-deductible?
Greece Volunteer Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 161126181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greece Volunteer Ambulance Service Inc's spending goes to programs?
Greece Volunteer Ambulance Service Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greece Volunteer Ambulance Service Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Greece Volunteer Ambulance Service Inc is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greece Volunteer Ambulance Service Inc located?
Greece Volunteer Ambulance Service Inc is headquartered in Rochester, New York and files with the IRS under EIN 161126181. It is classified under NTEE code O20.
How many years of IRS 990 filings does Greece Volunteer Ambulance Service Inc have?
Greece Volunteer Ambulance Service Inc has 6 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 $3.1M in total revenue.
Why have the organization's assets declined from $2,647,820 in 2012 to $1,860,769 currently?
The decline in assets over the past several years, from $2,647,820 in 2012 to $1,860,769 currently, requires further investigation to determine if it's due to depreciation of equipment, strategic asset sales, or other factors.
How does the organization sustain operations without reported officer compensation?
The absence of reported officer compensation suggests a strong reliance on volunteer leadership, which significantly reduces administrative costs and allows more funds to be directed towards program services.
Filing History
IRS 990 filing history for Greece Volunteer Ambulance Service Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2017), Greece Volunteer Ambulance Service Inc's revenue has grown by 21.5%, moving from $1.7M to $2.1M. Total assets decreased by 4.5% over the same period, from $2.6M to $2.5M. Total functional expenses rose by 10.2%, from $1.9M to $2.1M. In its most recent filing year (2017), Greece Volunteer Ambulance Service Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $28K in liabilities against $2.5M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.1M | $2.1M | $2.5M | $28K | — | View 990 |
| 2016 | $2.0M | $1.9M | $2.4M | $42K | — | View 990 |
| 2015 | $2.0M | $2.0M | $2.4M | $73K | — | View 990 |
| 2014 | $1.9M | $2.0M | $2.5M | $109K | — | View 990 |
| 2012 | $1.9M | $1.9M | $2.6M | $83K | — | View 990 |
| 2011 | $1.7M | $1.9M | $2.6M | $103K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $2.5M (revenue +7.0% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $2.4M (revenue -3.3% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $2.4M (revenue +8.2% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $2.5M (revenue -2.5% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $2.6M (revenue +11.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.9M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greece Volunteer Ambulance Service Inc:
Data Sources and Methodology
This transparency report for Greece 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.