Morning Sun Community Ambulance Service
EIN: 421322329 · Cedar Rapids, IA
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $123K |
| Net Assets | $-28,421 |
Is Morning Sun Community 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 Morning Sun Community Ambulance Service
Morning Sun Community Ambulance Service (EIN: 421322329) is a nonprofit organization based in Cedar Rapids, IA. The organization reported total revenue of $192K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morning Sun Community Ambulance Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morning Sun Community Ambulance Service is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $123K |
| Surplus / Deficit | $-18,625 |
| Total Assets | $111K |
| Total Liabilities | $140K |
| Net Assets | $-28,421 |
| Operating Margin | -17.9% |
| Debt-to-Asset Ratio | 125.5% |
| Months of Reserves | 10.9 months |
Financial Health Grade: C
In 2023, Morning Sun Community Ambulance Service reported a deficit of $19K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 125.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Morning Sun Community Ambulance Service's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.3% | +9.0% | -17.7% |
| 2022 | -26.3% | -5.6% | -20.3% |
| 2021 | -16.7% | -2.6% | -15.9% |
| 2020 | -10.4% | -9.7% | -14.0% |
| 2019 | +4.9% | -2.1% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morning Sun Community 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 Morning Sun Community 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 deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 125.5%.
Frequently Asked Questions about Morning Sun Community Ambulance Service
Is Morning Sun Community Ambulance Service a legitimate charity?
Morning Sun Community Ambulance Service (EIN: 421322329) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. Financial health grade: C.
How does Morning Sun Community Ambulance Service spend its money?
Morning Sun Community Ambulance Service reported $192K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morning Sun Community Ambulance Service tax-deductible?
Morning Sun Community Ambulance Service is registered as a tax-exempt nonprofit (EIN: 421322329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morning Sun Community Ambulance Service located?
Morning Sun Community Ambulance Service is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 421322329.
How many years of IRS 990 filings does Morning Sun Community Ambulance Service have?
Morning Sun Community Ambulance Service 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 $192K in total revenue.
Filing History
IRS 990 filing history for Morning Sun Community Ambulance Service showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morning Sun Community Ambulance Service's revenue has grown by 0.2%, moving from $104K to $104K. Total assets decreased by 15.2% over the same period, from $131K to $111K. Total functional expenses rose by 40.7%, from $87K to $123K. In its most recent filing year (2023), Morning Sun Community Ambulance Service reported a deficit of $19K, with expenses exceeding revenue. The organization holds $140K in liabilities against $111K in assets (debt-to-asset ratio: 125.5%), resulting in net assets of $-28,421.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $123K | $111K | $140K | — | View 990 |
| 2022 | $66K | $113K | $135K | $145K | — | View 990 |
| 2021 | $89K | $119K | $170K | $133K | — | — |
| 2020 | $107K | $123K | $202K | $135K | — | View 990 |
| 2019 | $120K | $136K | $235K | $152K | — | View 990 |
| 2018 | $114K | $139K | $237K | $138K | — | View 990 |
| 2017 | $113K | $130K | $273K | $149K | — | View 990 |
| 2016 | $135K | $108K | $198K | $58K | — | View 990 |
| 2015 | $92K | $85K | $184K | $72K | — | View 990 |
| 2014 | $87K | $110K | $184K | $79K | — | View 990 |
| 2013 | $98K | $107K | $210K | $82K | — | View 990 |
| 2012 | $125K | $101K | $215K | $78K | — | View 990 |
| 2011 | $104K | $87K | $131K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $123K, and assets of $111K (revenue +58.3% year-over-year).
- 2022: Revenue of $66K, expenses of $113K, and assets of $135K (revenue -26.3% year-over-year).
- 2021: Revenue of $89K, expenses of $119K, and assets of $170K (revenue -16.7% year-over-year).
- 2020: Revenue of $107K, expenses of $123K, and assets of $202K (revenue -10.4% year-over-year).
- 2019: Revenue of $120K, expenses of $136K, and assets of $235K (revenue +4.9% year-over-year).
- 2018: Revenue of $114K, expenses of $139K, and assets of $237K (revenue +0.5% year-over-year).
- 2017: Revenue of $113K, expenses of $130K, and assets of $273K (revenue -16.1% year-over-year).
- 2016: Revenue of $135K, expenses of $108K, and assets of $198K (revenue +47.4% year-over-year).
- 2015: Revenue of $92K, expenses of $85K, and assets of $184K (revenue +5.1% year-over-year).
- 2014: Revenue of $87K, expenses of $110K, and assets of $184K (revenue -11.1% year-over-year).
- 2013: Revenue of $98K, expenses of $107K, and assets of $210K (revenue -21.3% year-over-year).
- 2012: Revenue of $125K, expenses of $101K, and assets of $215K (revenue +19.9% year-over-year).
- 2011: Revenue of $104K, expenses of $87K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morning Sun Community Ambulance Service:
Data Sources and Methodology
This transparency report for Morning Sun Community 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.