Morrisonville Schuyler Falls Volunteer Ambulance Service Inc
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc maintains stable finances with zero officer compensation over a decade.
EIN: 141739746 · Morrisonville, NY · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $514K |
| Transparency Score | 90/100 |
Is Morrisonville Schuyler Falls Volunteer Ambulance Service Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morrisonville Schuyler Falls Volunteer Ambulance Service Inc
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc (EIN: 141739746) is a nonprofit organization based in Morrisonville, NY, classified under NTEE code P60. The organization reported total revenue of $2.8M and total assets of $897K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morrisonville Schuyler Falls Volunteer Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc is a mid-size nonprofit that has been operating for 6 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-60,254 |
| Total Assets | $746K |
| Total Liabilities | $232K |
| Net Assets | $514K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 31.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Morrisonville Schuyler Falls Volunteer Ambulance Service Inc reported a deficit of $60K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 31.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Morrisonville Schuyler Falls Volunteer Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.6% | +3.8% | +4.0% |
| 2022 | -22.7% | -8.5% | -21.5% |
| 2021 | +26.3% | +29.9% | +46.4% |
| 2020 | +18.4% | +0.7% | +34.6% |
| 2019 | +3.6% | +7.2% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Morrisonville Schuyler Falls Volunteer Ambulance Service Inc 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, Morrisonville Schuyler Falls Volunteer Ambulance Service 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 $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all ten years of filings, indicating a volunteer-led or highly efficient operational structure where top leadership is not drawing a salary, which is commendable for an organization of its size with revenues exceeding $2 million.
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.
Strengths
The following positive indicators were identified for Morrisonville Schuyler Falls Volunteer Ambulance Service Inc:
- Consistent financial stability with revenues generally covering expenses.
- Zero officer compensation reported across all ten years, indicating a strong volunteer commitment.
- Assets have shown a general growth trend, increasing operational capacity.
- Consistent IRS 990 filings demonstrate a commitment to transparency.
- Manages liabilities effectively relative to assets.
Frequently Asked Questions about Morrisonville Schuyler Falls Volunteer Ambulance Service Inc
Is Morrisonville Schuyler Falls Volunteer Ambulance Service Inc a legitimate charity?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc (EIN: 141739746) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.8M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Morrisonville Schuyler Falls Volunteer Ambulance Service Inc spend its money?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Morrisonville Schuyler Falls Volunteer Ambulance Service Inc tax-deductible?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 141739746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Morrisonville Schuyler Falls Volunteer Ambulance Service Inc CEO make?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc's highest-compensated officer earns $2 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Morrisonville Schuyler Falls Volunteer Ambulance Service Inc's spending goes to programs?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Morrisonville Schuyler Falls Volunteer Ambulance Service Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Morrisonville Schuyler Falls Volunteer Ambulance Service Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morrisonville Schuyler Falls Volunteer Ambulance Service Inc located?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc is headquartered in Morrisonville, New York and files with the IRS under EIN 141739746. It is classified under NTEE code P60.
How many years of IRS 990 filings does Morrisonville Schuyler Falls Volunteer Ambulance Service Inc have?
Morrisonville Schuyler Falls Volunteer Ambulance Service Inc has 10 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 $2.8M in total revenue.
How does the latest reported revenue of $2,792,872 reconcile with the 2023 filing's revenue of $2,091,528?
The discrepancy between the 'Latest Revenue' and the 'Period 202312' revenue could be due to different reporting periods (e.g., calendar vs. fiscal year, or a more recent unaudited figure vs. the filed 990). Further investigation into the exact dates and types of revenue would clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses. To fully assess spending efficiency, a deeper dive into the organization's Form 990, Part IX (Statement of Functional Expenses) would be necessary.
What is the primary source of the organization's revenue?
While the total revenue is provided, the specific sources (e.g., service fees, government grants, donations) are not detailed in this summary. This information would be found in Part VIII (Statement of Revenue) of the Form 990.
Filing History
IRS 990 filing history for Morrisonville Schuyler Falls Volunteer Ambulance Service Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Morrisonville Schuyler Falls Volunteer Ambulance Service Inc's revenue has grown by 158.1%, moving from $810K to $2.1M. Total assets increased by 48.7% over the same period, from $502K to $746K. Total functional expenses rose by 148.2%, from $867K to $2.2M. In its most recent filing year (2023), Morrisonville Schuyler Falls Volunteer Ambulance Service Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $232K in liabilities against $746K in assets (debt-to-asset ratio: 31.0%), resulting in net assets of $514K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $746K | $232K | — | — |
| 2022 | $1.9M | $2.1M | $717K | $142K | — | — |
| 2021 | $2.5M | $2.3M | $913K | $175K | — | View 990 |
| 2020 | $2.0M | $1.7M | $624K | $91K | — | View 990 |
| 2019 | $1.7M | $1.7M | $463K | $142K | — | View 990 |
| 2018 | $1.6M | $1.6M | $583K | $182K | — | View 990 |
| 2017 | $1.6M | $1.6M | $655K | $232K | — | View 990 |
| 2016 | $1.5M | $1.5M | $594K | $191K | — | View 990 |
| 2015 | $1.2M | $1.2M | $491K | $108K | — | View 990 |
| 2014 | $810K | $867K | $502K | $145K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $746K (revenue +9.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.1M, and assets of $717K (revenue -22.7% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.3M, and assets of $913K (revenue +26.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.7M, and assets of $624K (revenue +18.4% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $463K (revenue +3.6% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $583K (revenue -1.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $655K (revenue +10.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $594K (revenue +24.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $491K (revenue +45.2% year-over-year).
- 2014: Revenue of $810K, expenses of $867K, and assets of $502K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morrisonville Schuyler Falls Volunteer Ambulance Service Inc:
Data Sources and Methodology
This transparency report for Morrisonville Schuyler Falls Volunteer Ambulance Service 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.