Hoboken Emergency Medical Services Corp
EIN: 873690973 · Hoboken, NJ · NTEE: E62
| Metric | Value |
|---|---|
| Total Revenue | $990K |
| Total Expenses | $294K |
| Net Assets | $-84,005 |
Is Hoboken Emergency Medical Services Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoboken Emergency Medical Services Corp
Hoboken Emergency Medical Services Corp (EIN: 873690973) is a nonprofit organization based in Hoboken, NJ, classified under NTEE code E62. The organization reported total revenue of $990K and total assets of $316K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoboken Emergency Medical Services Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoboken Emergency Medical Services Corp is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 374032.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $251K |
| Total Expenses | $294K |
| Surplus / Deficit | $-43,812 |
| Total Assets | $52K |
| Total Liabilities | $136K |
| Net Assets | $-84,005 |
| Operating Margin | -17.5% |
| Debt-to-Asset Ratio | 261.4% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, Hoboken Emergency Medical Services Corp reported a deficit of $44K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 261.4% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Hoboken Emergency Medical Services Corp's revenue has grown at a compound annual growth rate (CAGR) of 374032.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +374032.8% | +631.4% | +130.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoboken Emergency Medical Services Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hoboken Emergency Medical Services Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 261.4%.
Frequently Asked Questions about Hoboken Emergency Medical Services Corp
Is Hoboken Emergency Medical Services Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoboken Emergency Medical Services Corp (EIN: 873690973) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hoboken Emergency Medical Services Corp spend its money?
Detailed spending breakdown data is not yet available for Hoboken Emergency Medical Services Corp. Check back for updated IRS 990 analysis.
Are donations to Hoboken Emergency Medical Services Corp tax-deductible?
Hoboken Emergency Medical Services Corp is registered as a tax-exempt nonprofit (EIN: 873690973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoboken Emergency Medical Services Corp located?
Hoboken Emergency Medical Services Corp is headquartered in Hoboken, New Jersey and files with the IRS under EIN 873690973. It is classified under NTEE code E62.
How many years of IRS 990 filings does Hoboken Emergency Medical Services Corp have?
Hoboken Emergency Medical Services Corp has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $990K in total revenue.
Filing History
IRS 990 filing history for Hoboken Emergency Medical Services Corp showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Hoboken Emergency Medical Services Corp's revenue has grown by 374032.8%, moving from $67 to $251K. Total assets increased by 130.1% over the same period, from $23K to $52K. Total functional expenses rose by 631.4%, from $40K to $294K. In its most recent filing year (2023), Hoboken Emergency Medical Services Corp reported a deficit of $44K, with expenses exceeding revenue. The organization holds $136K in liabilities against $52K in assets (debt-to-asset ratio: 261.4%), resulting in net assets of $-84,005.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $251K | $294K | $52K | $136K | — | View 990 |
| 2022 | $67 | $40K | $23K | $63K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoboken Emergency Medical Services Corp:
Data Sources and Methodology
This transparency report for Hoboken Emergency Medical Services 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.