Medford Volunteer Ambulance Inc

Medford Volunteer Ambulance Inc maintains consistent revenue and expense levels with significant asset growth and no reported officer compensation.

EIN: 112502233 · Medford, NY · NTEE: E62Z · Updated: 2026-03-28

$2.4MRevenue

$4.7MAssets

92/100Mission Score (Excellent)

E62Z

About Medford Volunteer Ambulance Inc

Medford Volunteer Ambulance Inc (EIN: 112502233) is a nonprofit organization based in Medford, NY, classified under NTEE code E62Z. The organization reported total revenue of $2.4M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medford Volunteer Ambulance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Medford Volunteer Ambulance Inc demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $1,584,684 against expenses of $1,548,662, indicating a slight surplus. The organization's assets have shown significant growth, nearly doubling from $2,352,169 in 2020 to $3,945,203 in 2023, suggesting sound financial management and accumulation of resources. Liabilities have also increased, particularly in 2023 to $1,389,816, which warrants further investigation to understand their nature and impact on long-term financial health.

The organization appears to be highly efficient in its program spending, as indicated by the typical allocation of resources for ambulance services. The absence of reported officer compensation across all available filings suggests a strong volunteer-driven model, which significantly reduces administrative overhead and maximizes funds available for direct services. This commitment to a volunteer structure enhances both spending efficiency and transparency, as a substantial portion of leadership costs are eliminated. The consistent filing of IRS 990 forms over 13 periods further demonstrates a commitment to regulatory compliance and financial transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Medford Volunteer Ambulance Inc with a Mission Score of 92 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Medford Volunteer Ambulance Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Medford Volunteer Ambulance Inc reports 0% officer compensation across all available filings, indicating a fully volunteer-led executive structure, which is highly commendable for maximizing resources for its mission.

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 Medford Volunteer Ambulance Inc's IRS 990 filings:

Significant increase in liabilities in 2023 ($1,389,816) warrants further scrutiny.

Strengths

The following positive indicators were identified for Medford Volunteer Ambulance Inc:

Consistent revenue generation covering expenses over multiple years.
Significant asset growth, nearly doubling from $2.35M in 2020 to $3.94M in 2023.
0% reported officer compensation across all filings, indicating a highly volunteer-driven model.
Strong program focus due to minimal administrative and fundraising overhead.
Consistent IRS 990 filing history demonstrating transparency.

Frequently Asked Questions about Medford Volunteer Ambulance Inc

Is Medford Volunteer Ambulance Inc a good charity?

Based on the available data, Medford Volunteer Ambulance Inc appears to be a very good charity. It consistently operates with revenues covering expenses, shows strong asset growth, and notably reports no officer compensation, indicating a highly efficient, volunteer-driven model focused on its mission.

What caused the significant increase in liabilities in 2023?

The liabilities increased from $473,525 in 2022 to $1,389,816 in 2023. Further investigation into the 2023 IRS 990 filing's balance sheet would be needed to identify the specific nature of these liabilities (e.g., mortgages, loans, accounts payable) and their implications.

How does the organization sustain operations without paid officers?

The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership and staff for its operational management, which is a significant factor in its financial efficiency.

Filing History

IRS 990 filing history for Medford Volunteer Ambulance Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Medford Volunteer Ambulance Inc's revenue has declined by 13.6%, moving from $1.8M to $1.6M. Total assets increased by 186.6% over the same period, from $1.4M to $3.9M. Total functional expenses rose by 7.2%, from $1.4M to $1.5M. In its most recent filing year (2023), Medford Volunteer Ambulance Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 35.2%), resulting in net assets of $2.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.6M	$1.5M	$3.9M	$1.4M	—	—
2022	$1.6M	$1.6M	$3.0M	$474K	—	View 990
2021	$1.6M	$1.4M	$2.7M	$202K	—	View 990
2020	$1.6M	$1.6M	$2.4M	$21K	—	View 990
2019	$1.4M	$1.6M	$2.3M	$7K	—	View 990
2018	$1.4M	$1.5M	$2.4M	$842	—	View 990
2017	$1.4M	$1.3M	$2.5M	$9K	—	View 990
2016	$1.4M	$1.2M	$2.4M	$0	—	View 990
2015	$1.4M	$1.3M	$2.2M	$0	—	View 990
2014	$1.4M	$1.3M	$2.0M	$0	—	View 990
2013	$1.5M	$1.2M	$1.9M	$0	—	View 990
2012	$1.6M	$1.4M	$1.6M	$0	—	View 990
2011	$1.8M	$1.4M	$1.4M	$18K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.6M, expenses of $1.5M, and assets of $3.9M (revenue +2.2% year-over-year).
2022: Revenue of $1.6M, expenses of $1.6M, and assets of $3.0M (revenue -5.9% year-over-year).
2021: Revenue of $1.6M, expenses of $1.4M, and assets of $2.7M (revenue +1.9% year-over-year).
2020: Revenue of $1.6M, expenses of $1.6M, and assets of $2.4M (revenue +14.5% year-over-year).
2019: Revenue of $1.4M, expenses of $1.6M, and assets of $2.3M (revenue +0.2% year-over-year).
2018: Revenue of $1.4M, expenses of $1.5M, and assets of $2.4M (revenue -0.3% year-over-year).
2017: Revenue of $1.4M, expenses of $1.3M, and assets of $2.5M (revenue -0.9% year-over-year).
2016: Revenue of $1.4M, expenses of $1.2M, and assets of $2.4M (revenue +-0.0% year-over-year).
2015: Revenue of $1.4M, expenses of $1.3M, and assets of $2.2M (revenue +1.0% year-over-year).
2014: Revenue of $1.4M, expenses of $1.3M, and assets of $2.0M (revenue -6.2% year-over-year).
2013: Revenue of $1.5M, expenses of $1.2M, and assets of $1.9M (revenue -6.2% year-over-year).
2012: Revenue of $1.6M, expenses of $1.4M, and assets of $1.6M (revenue -12.5% year-over-year).
2011: Revenue of $1.8M, expenses of $1.4M, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Medford Volunteer Ambulance 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.