Peninsula Ambulance Corps

Peninsula Ambulance Corps shows consistent revenue growth and stable assets with no reported officer compensation.

EIN: 16028972 · Blue Hill, ME · Updated: 2026-03-28

$1.9MRevenue

$1.4MAssets

85/100Mission Score (Excellent)

About Peninsula Ambulance Corps

Peninsula Ambulance Corps (EIN: 16028972) is a nonprofit organization based in Blue Hill, ME. The organization reported total revenue of $1.9M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peninsula Ambulance Corps's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Peninsula Ambulance Corps demonstrates consistent financial growth and stability over the past decade, with revenue increasing from $772,033 in 2014 to $1,422,620 in 2023. The organization generally operates with expenses closely aligned to or slightly exceeding revenue in some years, such as 2023 where expenses were $1,439,702 against $1,422,620 in revenue, indicating a tight operational margin. However, its asset base has grown significantly, from $1,219,130 in 2014 to $1,093,297 in 2023 (with a peak in earlier years), suggesting a solid financial foundation. The organization's liabilities remain relatively low, consistently below 10% of assets, which is a positive indicator of financial health.

The absence of reported officer compensation across all available filings is a significant positive for transparency and efficiency, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, or that compensation is very low. This practice contributes to a higher proportion of funds potentially being directed towards program services. The consistent filing of IRS 990 forms over 13 periods also indicates a commitment to regulatory compliance and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Peninsula Ambulance Corps 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Peninsula Ambulance Corps 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

The organization reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue. This suggests either a fully volunteer leadership or that compensation is reported under other expense categories, warranting further investigation for complete transparency.

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 Peninsula Ambulance Corps's IRS 990 filings:

Zero reported officer compensation may obscure actual leadership compensation if it's categorized differently.

Strengths

The following positive indicators were identified for Peninsula Ambulance Corps:

Consistent revenue growth over the past decade (from $772,033 in 2014 to $1,422,620 in 2023).
Stable and growing asset base, indicating financial health.
Very low liabilities relative to assets, demonstrating strong financial management.
No reported officer compensation, suggesting high efficiency in directing funds to mission.
Consistent IRS 990 filing history, indicating good transparency and compliance.

Frequently Asked Questions about Peninsula Ambulance Corps

Is Peninsula Ambulance Corps a good charity?

Based on the available data, Peninsula Ambulance Corps appears to be a well-managed organization with consistent revenue growth, stable assets, and very low liabilities. The absence of reported officer compensation is a strong positive for efficiency, suggesting a high proportion of funds are directed towards its mission.

How has Peninsula Ambulance Corps's revenue changed over time?

Peninsula Ambulance Corps has experienced significant revenue growth, increasing from $772,033 in 2014 to $1,422,620 in 2023, demonstrating a strong upward trend in financial support and operations.

What is the organization's financial stability?

The organization shows good financial stability with growing assets (e.g., $1,093,297 in 2023) and consistently low liabilities (e.g., $62,280 in 2023), indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Peninsula Ambulance Corps showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Peninsula Ambulance Corps's revenue has grown by 88.4%, moving from $755K to $1.4M. Total assets decreased by 6.5% over the same period, from $1.2M to $1.1M. Total functional expenses rose by 105.1%, from $702K to $1.4M. In its most recent filing year (2023), Peninsula Ambulance Corps reported a deficit of $17K, with expenses exceeding revenue. The organization holds $62K in liabilities against $1.1M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.4M	$1.4M	$1.1M	$62K	—	—
2022	$1.3M	$1.3M	$1.1M	$39K	—	View 990
2021	$1.2M	$1.2M	$1.1M	$43K	—	View 990
2020	$1.2M	$1.1M	$1.0M	$61K	—	—
2019	$940K	$948K	$877K	$68K	—	View 990
2018	$743K	$878K	$838K	$54K	—	View 990
2017	$824K	$889K	$1.0M	$52K	—	—
2016	$791K	$837K	$1.1M	$54K	—	View 990
2015	$784K	$833K	$1.1M	$39K	—	View 990
2014	$772K	$836K	$1.2M	$38K	—	View 990
2013	$1.1M	$776K	$1.3M	$39K	—	View 990
2012	$758K	$731K	$1.1M	$46K	—	View 990
2011	$755K	$702K	$1.2M	$166K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue +6.0% year-over-year).
2022: Revenue of $1.3M, expenses of $1.3M, and assets of $1.1M (revenue +7.8% year-over-year).
2021: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +0.3% year-over-year).
2020: Revenue of $1.2M, expenses of $1.1M, and assets of $1.0M (revenue +32.0% year-over-year).
2019: Revenue of $940K, expenses of $948K, and assets of $877K (revenue +26.4% year-over-year).
2018: Revenue of $743K, expenses of $878K, and assets of $838K (revenue -9.8% year-over-year).
2017: Revenue of $824K, expenses of $889K, and assets of $1.0M (revenue +4.3% year-over-year).
2016: Revenue of $791K, expenses of $837K, and assets of $1.1M (revenue +0.9% year-over-year).
2015: Revenue of $784K, expenses of $833K, and assets of $1.1M (revenue +1.5% year-over-year).
2014: Revenue of $772K, expenses of $836K, and assets of $1.2M (revenue -28.4% year-over-year).
2013: Revenue of $1.1M, expenses of $776K, and assets of $1.3M (revenue +42.2% year-over-year).
2012: Revenue of $758K, expenses of $731K, and assets of $1.1M (revenue +0.4% year-over-year).
2011: Revenue of $755K, expenses of $702K, and assets of $1.2M.

Data Sources and Methodology

This transparency report for Peninsula Ambulance Corps 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.