Liberty Volunteer Ambulance Service
Liberty Volunteer Ambulance Service operates with unpaid leadership but faced a deficit in its latest fiscal year.
EIN: 10414486 · Liberty, ME · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $204K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $176,658 |
| Net Assets | $224K |
| Transparency Score | 90/100 |
Is Liberty Volunteer Ambulance Service Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Liberty Volunteer Ambulance Service directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Liberty Volunteer Ambulance Service
Liberty Volunteer Ambulance Service (EIN: 10414486) is a nonprofit organization based in Liberty, ME, classified under NTEE code E62Z. The organization reported total revenue of $177K and total assets of $228K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Liberty Volunteer Ambulance Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Liberty Volunteer Ambulance Service is a small nonprofit that has been operating for 36 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $204K |
| Surplus / Deficit | $-27,620 |
| Total Assets | $228K |
| Total Liabilities | $4K |
| Net Assets | $224K |
| Operating Margin | -15.6% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2021, Liberty Volunteer Ambulance Service reported a deficit of $28K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Liberty Volunteer Ambulance Service's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -36.5% | -4.5% | -10.9% |
| 2020 | +39.1% | +22.1% | +34.5% |
| 2019 | +85.1% | +24.8% | +14.7% |
| 2018 | +115.9% | +93.1% | -16.1% |
| 2017 | -6.7% | +76.3% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Liberty Volunteer Ambulance Service 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Liberty Volunteer Ambulance Service allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, indicating that all officers and key employees serve on a volunteer basis, which is highly commendable for an organization of this size ($176,658 latest revenue).
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 Liberty Volunteer Ambulance Service's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (202112), leading to a deficit of $27,620.
Strengths
The following positive indicators were identified for Liberty Volunteer Ambulance Service:
- Consistent 0% officer compensation across all filings, indicating a fully volunteer leadership.
- Low liabilities across all reported periods, demonstrating sound financial management.
- Provides essential emergency services as a volunteer organization.
- Maintains a healthy asset base relative to its annual revenue, with $227,678 in assets as of 2021.
Frequently Asked Questions about Liberty Volunteer Ambulance Service
Is Liberty Volunteer Ambulance Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Liberty Volunteer Ambulance Service (EIN: 10414486) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Liberty Volunteer Ambulance Service spend its money?
Liberty Volunteer Ambulance Service directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Liberty Volunteer Ambulance Service tax-deductible?
Liberty Volunteer Ambulance Service is registered as a tax-exempt nonprofit (EIN: 10414486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Liberty Volunteer Ambulance Service CEO make?
Liberty Volunteer Ambulance Service's highest-compensated officer earns $176,658 annually. The organization reported $177K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Liberty Volunteer Ambulance Service's spending goes to programs?
Liberty Volunteer Ambulance Service directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Liberty Volunteer Ambulance Service compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Liberty Volunteer Ambulance Service 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 Liberty Volunteer Ambulance Service located?
Liberty Volunteer Ambulance Service is headquartered in Liberty, Maine and files with the IRS under EIN 10414486. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Liberty Volunteer Ambulance Service have?
Liberty Volunteer Ambulance Service has 8 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 $177K in total revenue.
Is Liberty Volunteer Ambulance Service financially stable?
While the organization has a stable asset base of $227,678 and low liabilities, its latest filing (202112) shows expenses ($204,278) exceeding revenue ($176,658), indicating a deficit for that period. Its revenue has also been highly variable over time.
How does Liberty Volunteer Ambulance Service manage its leadership costs?
The organization manages its leadership costs exceptionally well, with 0% officer compensation reported across all available filings, meaning all executive roles are filled by volunteers.
What is the trend in the organization's revenue?
Liberty Volunteer Ambulance Service's revenue has been highly variable, ranging from $40,623 in 2011 to a peak of $277,984 in 2020, then decreasing to $176,658 in 2021.
Does the organization have significant debt?
No, the organization consistently reports very low liabilities, such as $3,986 in 2021 and $4,215 in 2020, indicating sound debt management.
Filing History
IRS 990 filing history for Liberty Volunteer Ambulance Service showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Liberty Volunteer Ambulance Service's revenue has grown by 334.9%, moving from $41K to $177K. Total assets increased by 35% over the same period, from $169K to $228K. Total functional expenses rose by 560.1%, from $31K to $204K. In its most recent filing year (2021), Liberty Volunteer Ambulance Service reported a deficit of $28K, with expenses exceeding revenue. The organization holds $4K in liabilities against $228K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $177K | $204K | $228K | $4K | — | View 990 |
| 2020 | $278K | $214K | $256K | $4K | — | View 990 |
| 2019 | $200K | $175K | $190K | $3K | — | View 990 |
| 2018 | $108K | $140K | $166K | $3K | — | View 990 |
| 2017 | $50K | $73K | $197K | $2K | — | View 990 |
| 2016 | $54K | $41K | $218K | $199 | — | View 990 |
| 2015 | $67K | $45K | $206K | $242 | — | View 990 |
| 2011 | $41K | $31K | $169K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $177K, expenses of $204K, and assets of $228K (revenue -36.5% year-over-year).
- 2020: Revenue of $278K, expenses of $214K, and assets of $256K (revenue +39.1% year-over-year).
- 2019: Revenue of $200K, expenses of $175K, and assets of $190K (revenue +85.1% year-over-year).
- 2018: Revenue of $108K, expenses of $140K, and assets of $166K (revenue +115.9% year-over-year).
- 2017: Revenue of $50K, expenses of $73K, and assets of $197K (revenue -6.7% year-over-year).
- 2016: Revenue of $54K, expenses of $41K, and assets of $218K (revenue -20.4% year-over-year).
- 2015: Revenue of $67K, expenses of $45K, and assets of $206K (revenue +65.7% year-over-year).
- 2011: Revenue of $41K, expenses of $31K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Liberty Volunteer Ambulance Service:
Data Sources and Methodology
This transparency report for Liberty Volunteer Ambulance Service 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.