Lisbon Mt Vernon Ambulance Service
EIN: 237400531 · Mount Vernon, IA · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $536K |
| Total Expenses | $403K |
| Net Assets | $1.1M |
Is Lisbon Mt Vernon Ambulance Service Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lisbon Mt Vernon Ambulance Service
Lisbon Mt Vernon Ambulance Service (EIN: 237400531) is a nonprofit organization based in Mount Vernon, IA, classified under NTEE code M24. The organization reported total revenue of $536K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lisbon Mt Vernon Ambulance Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lisbon Mt Vernon Ambulance Service is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 18.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $508K |
| Total Expenses | $403K |
| Surplus / Deficit | +$104K |
| Total Assets | $1.2M |
| Total Liabilities | $34K |
| Net Assets | $1.1M |
| Operating Margin | 20.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 34.2 months |
Financial Health Grade: A
In 2023, Lisbon Mt Vernon Ambulance Service reported a surplus of $104K with revenue exceeding expenses, holds 34.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Lisbon Mt Vernon Ambulance Service's revenue has grown at a compound annual growth rate (CAGR) of 18.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.7% | +30.4% | +9.4% |
| 2022 | +10.4% | +12.4% | +9.2% |
| 2021 | +6.0% | +1.4% | +12.8% |
| 2020 | +35.9% | -0.9% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lisbon Mt Vernon Ambulance Service 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 Lisbon Mt Vernon Ambulance Service 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 surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Lisbon Mt Vernon Ambulance Service
Is Lisbon Mt Vernon Ambulance Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Lisbon Mt Vernon Ambulance Service (EIN: 237400531) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lisbon Mt Vernon Ambulance Service spend its money?
Detailed spending breakdown data is not yet available for Lisbon Mt Vernon Ambulance Service. Check back for updated IRS 990 analysis.
Are donations to Lisbon Mt Vernon Ambulance Service tax-deductible?
Lisbon Mt Vernon Ambulance Service is registered as a tax-exempt nonprofit (EIN: 237400531). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lisbon Mt Vernon Ambulance Service located?
Lisbon Mt Vernon Ambulance Service is headquartered in Mount Vernon, Iowa and files with the IRS under EIN 237400531. It is classified under NTEE code M24.
How many years of IRS 990 filings does Lisbon Mt Vernon Ambulance Service have?
Lisbon Mt Vernon Ambulance Service has 5 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 $536K in total revenue.
Filing History
IRS 990 filing history for Lisbon Mt Vernon Ambulance Service showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Lisbon Mt Vernon Ambulance Service's revenue has grown by 98.2%, moving from $256K to $508K. Total assets increased by 50.7% over the same period, from $764K to $1.2M. Total functional expenses rose by 47.4%, from $274K to $403K. In its most recent filing year (2023), Lisbon Mt Vernon Ambulance Service reported a surplus of $104K, with revenue exceeding expenses. The organization holds $34K in liabilities against $1.2M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $508K | $403K | $1.2M | $34K | — | — |
| 2022 | $407K | $309K | $1.1M | $40K | — | View 990 |
| 2021 | $369K | $275K | $964K | $50K | — | View 990 |
| 2020 | $348K | $271K | $854K | $34K | — | View 990 |
| 2019 | $256K | $274K | $764K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $508K, expenses of $403K, and assets of $1.2M (revenue +24.7% year-over-year).
- 2022: Revenue of $407K, expenses of $309K, and assets of $1.1M (revenue +10.4% year-over-year).
- 2021: Revenue of $369K, expenses of $275K, and assets of $964K (revenue +6.0% year-over-year).
- 2020: Revenue of $348K, expenses of $271K, and assets of $854K (revenue +35.9% year-over-year).
- 2019: Revenue of $256K, expenses of $274K, and assets of $764K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lisbon Mt Vernon Ambulance Service:
Data Sources and Methodology
This transparency report for Lisbon Mt Vernon 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.