Raymond Ambulance Inc

Raymond Ambulance Inc. consistently operates with zero officer compensation but faces periodic deficits.

EIN: 20419693 · Raymond, NH · NTEE: E62Z · Updated: 2026-03-28

$699KRevenue
$182KAssets
85/100Mission Score (Excellent)
E62Z
Raymond Ambulance Inc Financial Summary
MetricValue
Total Revenue$699K
Total Expenses$749K
Program Spending90%
Net Assets$238K
Transparency Score85/100

Search Intent Cockpit

Raymond Ambulance Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Raymond Ambulance Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Raymond Ambulance Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $694K and expenses of $749K.

Revenue and Expenses

Raymond Ambulance Inc reported $694K in revenue and $749K in expenses, a deficit of $55K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.

Is Raymond Ambulance Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Raymond Ambulance Inc Expense Deployment
Program services$674K (90%)

Across stored filings, Raymond Ambulance Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Raymond Ambulance Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Hellenic Society Paideia Of New HampshireNew Hampshire and Health context

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Raymond Ambulance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Raymond Ambulance Inc

Raymond Ambulance Inc (EIN: 20419693) is a nonprofit organization based in Raymond, NH, classified under NTEE code E62Z. The organization reported total revenue of $699K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raymond Ambulance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Raymond Ambulance Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$694K
Total Expenses$749K
Surplus / Deficit$-54,649
Total Assets$289K
Total Liabilities$51K
Net Assets$238K
Operating Margin-7.9%
Debt-to-Asset Ratio17.5%
Months of Reserves4.6 months

Financial Health Grade: B

In 2023, Raymond Ambulance Inc reported a deficit of $55K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 17.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Raymond Ambulance Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-2.7%+1.3%-21.4%
2022-15.6%-4.1%-13.9%
2021+25.3%+5.6%+21.3%
2020-8.2%+7.6%+4.7%
2019-4.0%+4.5%+14.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Raymond Ambulance Inc. demonstrates a consistent commitment to its mission of providing emergency medical services, as evidenced by its NTEE code E62Z. Financially, the organization has experienced some fluctuations in recent years. In 2023, expenses ($748,895) exceeded revenue ($694,246), resulting in a deficit, a trend also observed in 2022 and 2020. This indicates a need for careful financial management to ensure long-term sustainability. Despite these deficits, the organization maintains a healthy asset base relative to its liabilities, with assets of $288,799 and liabilities of $50,682 in 2023, suggesting a reasonable financial cushion. The organization's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization is likely volunteer-driven at the leadership level, which can significantly reduce administrative overhead and maximize funds directed towards programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. Transparency is high due to consistent 990 filings and the clear reporting of financial metrics. Overall, Raymond Ambulance Inc. appears to be a dedicated and efficiently run organization, though it faces the common challenge of balancing expenses with revenue in certain periods. Its strong asset-to-liability ratio and zero officer compensation are significant strengths, indicating a well-managed and mission-focused entity. Continued monitoring of revenue generation and expense control will be crucial for sustained financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Raymond Ambulance 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Raymond Ambulance Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$694KTotal Revenue
$749KTotal Expenses
$289KTotal Assets
$51KTotal Liabilities
$238KNet Assets
  • The organization reported a deficit of $55K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 17.5%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that leadership roles are likely filled by volunteers, which significantly reduces administrative costs and directs more funds to direct services.

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 Raymond Ambulance Inc's IRS 990 filings:

  • Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2022, 2020), indicating potential operational deficits.

Strengths

The following positive indicators were identified for Raymond Ambulance Inc:

  • Consistent reporting of 0% officer compensation, indicating highly efficient leadership and volunteer-driven operations.
  • Healthy asset-to-liability ratio ($288,799 assets vs. $50,682 liabilities in 2023), providing a strong financial cushion.
  • Long history of consistent IRS 990 filings (13 filings), demonstrating strong transparency and compliance.

Frequently Asked Questions about Raymond Ambulance Inc

Is Raymond Ambulance Inc a legitimate charity?

Raymond Ambulance Inc (EIN: 20419693) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $699K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Raymond Ambulance Inc spend its money?

Raymond Ambulance Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Raymond Ambulance Inc tax-deductible?

Raymond Ambulance Inc is registered as a tax-exempt nonprofit (EIN: 20419693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Raymond Ambulance Inc's spending goes to programs?

Raymond Ambulance Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Raymond Ambulance Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Raymond Ambulance 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 Raymond Ambulance Inc located?

Raymond Ambulance Inc is headquartered in Raymond, New Hampshire and files with the IRS under EIN 20419693. It is classified under NTEE code E62Z.

How many years of IRS 990 filings does Raymond Ambulance Inc have?

Raymond Ambulance 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 $699K in total revenue.

Is Raymond Ambulance Inc. financially stable?

While Raymond Ambulance Inc. has experienced deficits in some recent years (e.g., 2023, 2022, 2020), its asset base ($288,799 in 2023) significantly exceeds its liabilities ($50,682 in 2023), suggesting a reasonable level of financial stability despite periodic operational shortfalls.

How does Raymond Ambulance Inc. manage its leadership costs?

The organization reports 0% officer compensation in all available filings, indicating a highly efficient model where leadership is likely volunteer-based, minimizing overhead and maximizing resources for its mission.

Has Raymond Ambulance Inc.'s revenue been consistent?

Revenue has fluctuated, ranging from a high of $845,844 in 2021 to a low of $497,581 in 2014, with the latest reported revenue at $694,246 in 2023. This indicates some variability in funding streams over time.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Raymond Ambulance Inc's revenue has grown by 41.5%, moving from $490K to $694K. Total assets increased by 0.2% over the same period, from $288K to $289K. Total functional expenses rose by 42.9%, from $524K to $749K. In its most recent filing year (2023), Raymond Ambulance Inc reported a deficit of $55K, with expenses exceeding revenue. The organization holds $51K in liabilities against $289K in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $238K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $694K $749K $289K $51K View 990
2022 $714K $739K $368K $75K
2021 $846K $771K $427K $109K View 990
2020 $675K $730K $352K $109K
2019 $735K $679K $337K $38K View 990
2018 $766K $650K $294K $52K View 990
2017 $614K $632K $190K $64K View 990
2016 $612K $594K $144K $114 View 990
2015 $552K $526K $129K $2K View 990
2014 $498K $492K $124K $23K View 990
2013 $484K $529K $143K $48K View 990
2012 $521K $560K $211K $71K View 990
2011 $490K $524K $288K $109K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $694K, expenses of $749K, and assets of $289K (revenue -2.7% year-over-year).
  • 2022: Revenue of $714K, expenses of $739K, and assets of $368K (revenue -15.6% year-over-year).
  • 2021: Revenue of $846K, expenses of $771K, and assets of $427K (revenue +25.3% year-over-year).
  • 2020: Revenue of $675K, expenses of $730K, and assets of $352K (revenue -8.2% year-over-year).
  • 2019: Revenue of $735K, expenses of $679K, and assets of $337K (revenue -4.0% year-over-year).
  • 2018: Revenue of $766K, expenses of $650K, and assets of $294K (revenue +24.7% year-over-year).
  • 2017: Revenue of $614K, expenses of $632K, and assets of $190K (revenue +0.4% year-over-year).
  • 2016: Revenue of $612K, expenses of $594K, and assets of $144K (revenue +10.7% year-over-year).
  • 2015: Revenue of $552K, expenses of $526K, and assets of $129K (revenue +11.0% year-over-year).
  • 2014: Revenue of $498K, expenses of $492K, and assets of $124K (revenue +2.8% year-over-year).
  • 2013: Revenue of $484K, expenses of $529K, and assets of $143K (revenue -7.0% year-over-year).
  • 2012: Revenue of $521K, expenses of $560K, and assets of $211K (revenue +6.1% year-over-year).
  • 2011: Revenue of $490K, expenses of $524K, and assets of $288K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Raymond Ambulance Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Raymond 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.

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