Three Rivers Ambulance Service

Three Rivers Ambulance Service shows consistent revenue, asset growth, and no reported officer compensation.

EIN: 10288480 · Milo, ME · Updated: 2026-03-28

$994KRevenue

$1.2MAssets

85/100Mission Score (Excellent)

About Three Rivers Ambulance Service

Three Rivers Ambulance Service (EIN: 10288480) is a nonprofit organization based in Milo, ME. The organization reported total revenue of $994K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Three Rivers Ambulance Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Three Rivers Ambulance Service demonstrates consistent operational activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For example, in 2023, revenue was $346,216 against expenses of $318,042, resulting in a surplus. The organization's assets have shown a significant upward trend, growing from $541,807 in 2015 to $1,056,088 in 2023, indicating financial stability and capacity building. Liabilities have fluctuated but remain manageable relative to assets, though the jump to $342,996 in 2023 warrants attention.

Spending efficiency appears reasonable given the nature of ambulance services, which often have substantial operational costs. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership or that compensation is not reported under 'officer compensation' on the 990, which could be a point for further inquiry regarding transparency. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall financial health appears stable.

Transparency regarding executive compensation is high, with no reported officer compensation. However, the lack of NTEE code and detailed expense breakdowns in the provided data limits a full transparency assessment. The consistent filing of IRS Form 990s over many years indicates a commitment to regulatory compliance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Three Rivers Ambulance Service 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Three Rivers Ambulance Service allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer leadership structure or that compensation is categorized differently, which is a positive indicator for resource allocation to mission-related activities.

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 Three Rivers Ambulance Service's IRS 990 filings:

Significant increase in liabilities from $9,769 in 2021 to $342,996 in 2023 without explanation.
NTEE code is unknown, which limits understanding of its specific charitable sector and peer comparisons.

Strengths

The following positive indicators were identified for Three Rivers Ambulance Service:

Consistent revenue generation, with revenues often exceeding expenses.
Steady growth in assets, from $541,807 in 2015 to $1,056,088 in 2023, indicating financial stability.
No reported officer compensation, suggesting efficient use of funds for mission.
Long history of IRS 990 filings, demonstrating commitment to regulatory compliance.
Positive net income in most recent years (e.g., $28,174 in 2023).

Frequently Asked Questions about Three Rivers Ambulance Service

What caused the significant increase in liabilities from $9,769 in 2021 to $342,996 in 2023?

The provided data does not specify the reason for this increase, but it is a notable change that could impact future financial flexibility.

How does Three Rivers Ambulance Service allocate its expenses between program services, administration, and fundraising?

The provided data does not offer a detailed breakdown of expenses, making it difficult to precisely determine the allocation.

Is the organization's leadership entirely volunteer-based, given the 0% officer compensation?

The consistent 0% officer compensation suggests a volunteer-driven leadership, but without further detail, it's possible compensation is reported under other categories.

Filing History

IRS 990 filing history for Three Rivers Ambulance Service showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Three Rivers Ambulance Service's revenue has grown by 18.5%, moving from $292K to $346K. Total assets increased by 118.5% over the same period, from $483K to $1.1M. Total functional expenses fell by 8.4%, from $347K to $318K. In its most recent filing year (2023), Three Rivers Ambulance Service reported a surplus of $28K, with revenue exceeding expenses. The organization holds $343K in liabilities against $1.1M in assets (debt-to-asset ratio: 32.5%), resulting in net assets of $713K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$346K	$318K	$1.1M	$343K	—	—
2022	$342K	$326K	$852K	$167K	—	—
2021	$424K	$325K	$679K	$10K	—	View 990
2020	$344K	$347K	$587K	$16K	—	View 990
2019	$466K	$353K	$597K	$23K	—	View 990
2018	$268K	$331K	$489K	$29K	—	View 990
2017	$284K	$283K	$549K	$37K	—	View 990
2016	$358K	$307K	$560K	$49K	—	View 990
2015	$184K	$276K	$542K	$82K	—	View 990
2014	$345K	$310K	$632K	$80K	—	View 990
2013	$375K	$304K	$601K	$85K	—	View 990
2012	$307K	$289K	$492K	$46K	—	View 990
2011	$292K	$347K	$483K	$51K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $346K, expenses of $318K, and assets of $1.1M (revenue +1.3% year-over-year).
2022: Revenue of $342K, expenses of $326K, and assets of $852K (revenue -19.3% year-over-year).
2021: Revenue of $424K, expenses of $325K, and assets of $679K (revenue +23.3% year-over-year).
2020: Revenue of $344K, expenses of $347K, and assets of $587K (revenue -26.3% year-over-year).
2019: Revenue of $466K, expenses of $353K, and assets of $597K (revenue +73.9% year-over-year).
2018: Revenue of $268K, expenses of $331K, and assets of $489K (revenue -5.5% year-over-year).
2017: Revenue of $284K, expenses of $283K, and assets of $549K (revenue -20.7% year-over-year).
2016: Revenue of $358K, expenses of $307K, and assets of $560K (revenue +94.2% year-over-year).
2015: Revenue of $184K, expenses of $276K, and assets of $542K (revenue -46.6% year-over-year).
2014: Revenue of $345K, expenses of $310K, and assets of $632K (revenue -8.0% year-over-year).
2013: Revenue of $375K, expenses of $304K, and assets of $601K (revenue +22.3% year-over-year).
2012: Revenue of $307K, expenses of $289K, and assets of $492K (revenue +5.0% year-over-year).
2011: Revenue of $292K, expenses of $347K, and assets of $483K.

Data Sources and Methodology

This transparency report for Three Rivers 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.