Souhegan Valley Ambulance Service Inc
EIN: 237440426 · New Ipswich, NH · NTEE: E62
| Metric | Value |
|---|---|
| Total Revenue | $466K |
| Total Expenses | $478K |
| Net Assets | $290K |
Is Souhegan Valley Ambulance Service Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Souhegan Valley Ambulance Service Inc
Souhegan Valley Ambulance Service Inc (EIN: 237440426) is a nonprofit organization based in New Ipswich, NH, classified under NTEE code E62. The organization reported total revenue of $466K and total assets of $454K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Souhegan Valley Ambulance Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Souhegan Valley Ambulance Service Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $478K |
| Surplus / Deficit | $-4,079 |
| Total Assets | $566K |
| Total Liabilities | $277K |
| Net Assets | $290K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 48.9% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2023, Souhegan Valley Ambulance Service Inc reported a deficit of $4K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 48.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Souhegan Valley Ambulance Service Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +12.7% | +104.7% |
| 2022 | +5.0% | +7.1% | -11.7% |
| 2021 | +15.3% | -5.0% | -9.0% |
| 2020 | -7.7% | +1.5% | -25.6% |
| 2019 | -2.1% | -1.6% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Souhegan Valley Ambulance Service Inc 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 Souhegan Valley Ambulance Service Inc 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.9%.
Frequently Asked Questions about Souhegan Valley Ambulance Service Inc
Is Souhegan Valley Ambulance Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Souhegan Valley Ambulance Service Inc (EIN: 237440426) insufficient data. 0 red flags identified, 0 strengths noted.
How does Souhegan Valley Ambulance Service Inc spend its money?
Detailed spending breakdown data is not yet available for Souhegan Valley Ambulance Service Inc. Check back for updated IRS 990 analysis.
Are donations to Souhegan Valley Ambulance Service Inc tax-deductible?
Souhegan Valley Ambulance Service Inc is registered as a tax-exempt nonprofit (EIN: 237440426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Souhegan Valley Ambulance Service Inc located?
Souhegan Valley Ambulance Service Inc is headquartered in New Ipswich, New Hampshire and files with the IRS under EIN 237440426. It is classified under NTEE code E62.
How many years of IRS 990 filings does Souhegan Valley Ambulance Service Inc have?
Souhegan Valley Ambulance Service 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 $466K in total revenue.
Filing History
IRS 990 filing history for Souhegan Valley Ambulance Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Souhegan Valley Ambulance Service Inc's revenue has grown by 111.4%, moving from $224K to $474K. Total assets increased by 14.6% over the same period, from $494K to $566K. Total functional expenses rose by 92.8%, from $248K to $478K. In its most recent filing year (2023), Souhegan Valley Ambulance Service Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $277K in liabilities against $566K in assets (debt-to-asset ratio: 48.9%), resulting in net assets of $290K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $474K | $478K | $566K | $277K | — | — |
| 2022 | $404K | $424K | $277K | $25K | — | — |
| 2021 | $384K | $396K | $313K | $41K | — | — |
| 2020 | $333K | $417K | $344K | $60K | — | — |
| 2019 | $361K | $411K | $463K | $95K | — | View 990 |
| 2018 | $369K | $417K | $520K | $102K | — | View 990 |
| 2017 | $413K | $400K | $609K | $143K | — | — |
| 2016 | $317K | $360K | $631K | $178K | — | View 990 |
| 2015 | $319K | $321K | $572K | $75K | — | View 990 |
| 2014 | $226K | $270K | $584K | $85K | — | View 990 |
| 2013 | $267K | $236K | $648K | $105K | — | View 990 |
| 2012 | $244K | $223K | $515K | $2K | — | View 990 |
| 2011 | $224K | $248K | $494K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $474K, expenses of $478K, and assets of $566K (revenue +17.5% year-over-year).
- 2022: Revenue of $404K, expenses of $424K, and assets of $277K (revenue +5.0% year-over-year).
- 2021: Revenue of $384K, expenses of $396K, and assets of $313K (revenue +15.3% year-over-year).
- 2020: Revenue of $333K, expenses of $417K, and assets of $344K (revenue -7.7% year-over-year).
- 2019: Revenue of $361K, expenses of $411K, and assets of $463K (revenue -2.1% year-over-year).
- 2018: Revenue of $369K, expenses of $417K, and assets of $520K (revenue -10.6% year-over-year).
- 2017: Revenue of $413K, expenses of $400K, and assets of $609K (revenue +30.2% year-over-year).
- 2016: Revenue of $317K, expenses of $360K, and assets of $631K (revenue -0.7% year-over-year).
- 2015: Revenue of $319K, expenses of $321K, and assets of $572K (revenue +41.4% year-over-year).
- 2014: Revenue of $226K, expenses of $270K, and assets of $584K (revenue -15.5% year-over-year).
- 2013: Revenue of $267K, expenses of $236K, and assets of $648K (revenue +9.1% year-over-year).
- 2012: Revenue of $244K, expenses of $223K, and assets of $515K (revenue +8.9% year-over-year).
- 2011: Revenue of $224K, expenses of $248K, and assets of $494K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Souhegan Valley Ambulance Service Inc:
Data Sources and Methodology
This transparency report for Souhegan Valley 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.