Mohawk Valley Ambulance Corps Inc
Mohawk Valley Ambulance Corps Inc shows consistent growth in services but recent operational deficits.
EIN: 161134413 · Mohawk, NY · NTEE: E62Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| Net Assets | $462K |
| Transparency Score | 85/100 |
Is Mohawk Valley Ambulance Corps Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mohawk Valley Ambulance Corps Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mohawk Valley Ambulance Corps Inc
Mohawk Valley Ambulance Corps Inc (EIN: 161134413) is a nonprofit organization based in Mohawk, NY, classified under NTEE code E62Z. The organization reported total revenue of $2.6M and total assets of $938K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mohawk Valley Ambulance Corps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mohawk Valley Ambulance Corps Inc is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-174,024 |
| Total Assets | $1.0M |
| Total Liabilities | $546K |
| Net Assets | $462K |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 54.2% |
| Months of Reserves | 4.0 months |
Financial Health Grade: C
In 2023, Mohawk Valley Ambulance Corps Inc reported a deficit of $174K with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 54.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mohawk Valley Ambulance Corps Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +9.5% | -8.3% |
| 2022 | +16.6% | +12.9% | -1.4% |
| 2021 | +2.0% | +16.8% | -5.1% |
| 2020 | +14.7% | +13.1% | +45.9% |
| 2019 | -0.7% | -13.8% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Mohawk Valley Ambulance Corps 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mohawk Valley Ambulance Corps Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $174K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for minimizing overhead.
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 Mohawk Valley Ambulance Corps Inc's IRS 990 filings:
- Expenses exceeded revenue in 2022 and 2023, indicating operational deficits in those periods.
Strengths
The following positive indicators were identified for Mohawk Valley Ambulance Corps Inc:
- Consistent growth in revenue and assets over the past decade, from $823,242 revenue in 2014 to $2,861,202 in 2023.
- Strong asset base, reaching over $1 million in 2023, providing financial resilience.
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
Frequently Asked Questions about Mohawk Valley Ambulance Corps Inc
Is Mohawk Valley Ambulance Corps Inc a legitimate charity?
Mohawk Valley Ambulance Corps Inc (EIN: 161134413) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Mohawk Valley Ambulance Corps Inc spend its money?
Mohawk Valley Ambulance Corps Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mohawk Valley Ambulance Corps Inc tax-deductible?
Mohawk Valley Ambulance Corps Inc is registered as a tax-exempt nonprofit (EIN: 161134413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mohawk Valley Ambulance Corps Inc's spending goes to programs?
Mohawk Valley Ambulance Corps Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mohawk Valley Ambulance Corps Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mohawk Valley Ambulance Corps Inc 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 Mohawk Valley Ambulance Corps Inc located?
Mohawk Valley Ambulance Corps Inc is headquartered in Mohawk, New York and files with the IRS under EIN 161134413. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Mohawk Valley Ambulance Corps Inc have?
Mohawk Valley Ambulance Corps Inc has 13 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 $2.6M in total revenue.
Is Mohawk Valley Ambulance Corps Inc financially stable?
While the organization has a strong asset base of over $1 million in 2023, recent years (2022 and 2023) show expenses slightly exceeding revenues, which could impact long-term stability if not addressed. However, the overall trend of revenue growth is positive.
How does the organization manage executive compensation?
Mohawk Valley Ambulance Corps Inc reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or very modest compensation not classified as officer pay, which is a strong indicator of efficient use of funds.
What is the trend in the organization's financial growth?
The organization has shown significant growth in revenue, increasing from $823,242 in 2014 to $2,861,202 in 2023, demonstrating an expanding scale of operations and services.
Filing History
IRS 990 filing history for Mohawk Valley Ambulance Corps Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mohawk Valley Ambulance Corps Inc's revenue has grown by 245.5%, moving from $828K to $2.9M. Total assets increased by 2% over the same period, from $988K to $1.0M. Total functional expenses rose by 260.7%, from $842K to $3.0M. In its most recent filing year (2023), Mohawk Valley Ambulance Corps Inc reported a deficit of $174K, with expenses exceeding revenue. The organization holds $546K in liabilities against $1.0M in assets (debt-to-asset ratio: 54.2%), resulting in net assets of $462K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.0M | $1.0M | $546K | — | — |
| 2022 | $2.8M | $2.8M | $1.1M | $463K | — | View 990 |
| 2021 | $2.4M | $2.5M | $1.1M | $467K | — | View 990 |
| 2020 | $2.3M | $2.1M | $1.2M | $523K | — | View 990 |
| 2019 | $2.0M | $1.9M | $806K | $370K | — | View 990 |
| 2018 | $2.0M | $2.2M | $692K | $380K | — | View 990 |
| 2017 | $1.8M | $1.7M | $585K | $217K | — | — |
| 2016 | $1.1M | $1.3M | $702K | $424K | — | View 990 |
| 2015 | $1.0M | $1.2M | $669K | $213K | — | View 990 |
| 2014 | $823K | $934K | $767K | $128K | — | View 990 |
| 2013 | $837K | $890K | $923K | $174K | — | View 990 |
| 2012 | $943K | $955K | $961K | $56K | — | View 990 |
| 2011 | $828K | $842K | $988K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.0M, and assets of $1.0M (revenue +3.7% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.8M, and assets of $1.1M (revenue +16.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.5M, and assets of $1.1M (revenue +2.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $1.2M (revenue +14.7% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $806K (revenue -0.7% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.2M, and assets of $692K (revenue +13.4% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.7M, and assets of $585K (revenue +64.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $702K (revenue +4.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.2M, and assets of $669K (revenue +26.5% year-over-year).
- 2014: Revenue of $823K, expenses of $934K, and assets of $767K (revenue -1.6% year-over-year).
- 2013: Revenue of $837K, expenses of $890K, and assets of $923K (revenue -11.3% year-over-year).
- 2012: Revenue of $943K, expenses of $955K, and assets of $961K (revenue +13.9% year-over-year).
- 2011: Revenue of $828K, expenses of $842K, and assets of $988K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mohawk Valley Ambulance Corps Inc:
Data Sources and Methodology
This transparency report for Mohawk Valley Ambulance Corps 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.