Tri Boro Volunteer Ambulance Corps Inc
Tri Boro Volunteer Ambulance Corps: Consistent Operations, Modest Growth
EIN: 222351167 · Park Ridge, NJ · NTEE: E62Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $224K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.3M |
| Transparency Score | 75/100 |
Is Tri Boro Volunteer Ambulance Corps Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri Boro Volunteer Ambulance Corps Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri Boro Volunteer Ambulance Corps Inc
Tri Boro Volunteer Ambulance Corps Inc (EIN: 222351167) is a nonprofit organization based in Park Ridge, NJ, classified under NTEE code E62Z. The organization reported total revenue of $320K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri Boro Volunteer Ambulance Corps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri Boro Volunteer Ambulance Corps Inc is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $224K |
| Surplus / Deficit | +$30K |
| Total Assets | $1.3M |
| Total Liabilities | $3K |
| Net Assets | $1.3M |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 70.6 months |
Financial Health Grade: A
In 2023, Tri Boro Volunteer Ambulance Corps Inc reported a surplus of $30K with revenue exceeding expenses, holds 70.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tri Boro Volunteer Ambulance Corps Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +42.9% | +2.3% |
| 2022 | +16.3% | -22.7% | +7.4% |
| 2021 | +42.1% | +15.6% | +0.3% |
| 2020 | -31.7% | -20.7% | -2.9% |
| 2019 | +0.9% | -4.7% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Tri Boro Volunteer Ambulance Corps Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Tri Boro Volunteer Ambulance Corps Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, consistent with a volunteer-run organization.
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 Tri Boro Volunteer Ambulance Corps Inc:
- Consistent revenue generation over several years, with assets exceeding $1 million.
- All-volunteer model suggests high efficiency in resource allocation to mission.
- Stable asset base indicates good financial stewardship and long-term viability.
Frequently Asked Questions about Tri Boro Volunteer Ambulance Corps Inc
Is Tri Boro Volunteer Ambulance Corps Inc a legitimate charity?
Tri Boro Volunteer Ambulance Corps Inc (EIN: 222351167) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $320K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Tri Boro Volunteer Ambulance Corps Inc spend its money?
Tri Boro Volunteer Ambulance Corps Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tri Boro Volunteer Ambulance Corps Inc tax-deductible?
Tri Boro Volunteer Ambulance Corps Inc is registered as a tax-exempt nonprofit (EIN: 222351167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tri Boro Volunteer Ambulance Corps Inc CEO make?
Tri Boro Volunteer Ambulance Corps Inc's highest-compensated officer earns $0 annually. The organization reported $320K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tri Boro Volunteer Ambulance Corps Inc's spending goes to programs?
Tri Boro Volunteer Ambulance Corps Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tri Boro Volunteer Ambulance Corps Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tri Boro Volunteer Ambulance Corps 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 Tri Boro Volunteer Ambulance Corps Inc located?
Tri Boro Volunteer Ambulance Corps Inc is headquartered in Park Ridge, New Jersey and files with the IRS under EIN 222351167. It is classified under NTEE code E62Z.
How many years of IRS 990 filings does Tri Boro Volunteer Ambulance Corps Inc have?
Tri Boro Volunteer Ambulance Corps 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 $320K in total revenue.
What does Tri Boro Volunteer Ambulance Corps Inc do?
Tri Boro Volunteer Ambulance Corps Inc is a nonprofit organization in the Health Care sector, located in Park Ridge, New Jersey. It is classified under NTEE code E62Z.
How much revenue does Tri Boro Volunteer Ambulance Corps Inc have?
Tri Boro Volunteer Ambulance Corps Inc reported total revenue of $319,827. Based on 13 IRS 990 filings on record.
What are Tri Boro Volunteer Ambulance Corps Inc's total assets?
Tri Boro Volunteer Ambulance Corps Inc holds total assets of $1,346,065 as reported in IRS 990 filings.
Where is Tri Boro Volunteer Ambulance Corps Inc located?
Tri Boro Volunteer Ambulance Corps Inc is based in Park Ridge, New Jersey.
What is Tri Boro Volunteer Ambulance Corps Inc's EIN?
Tri Boro Volunteer Ambulance Corps Inc's Employer Identification Number (EIN) is 222351167. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tri Boro Volunteer Ambulance Corps Inc?
Tri Boro Volunteer Ambulance Corps Inc is classified under NTEE code E62Z (Health Care).
Is Tri Boro Volunteer Ambulance Corps Inc a registered 501(c)(3)?
Yes, Tri Boro Volunteer Ambulance Corps Inc is recognized as a tax-exempt organization by the IRS. EIN: 222351167.
Does Tri Boro Volunteer Ambulance Corps Inc file IRS Form 990?
Yes, Tri Boro Volunteer Ambulance Corps Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Tri Boro Volunteer Ambulance Corps Inc's revenue in 2023?
In the 202312 filing period, Tri Boro Volunteer Ambulance Corps Inc reported total revenue of $254,005, total expenses of $224,183, and net assets of $1,318,915.
Is Tri Boro Volunteer Ambulance Corps Inc's revenue growing or declining?
Tri Boro Volunteer Ambulance Corps Inc's revenue is relatively stable. Revenue went from $248,170 (202212) to $254,005 (202312), a +2.4% change. Based on 13 filings on record.
What is Tri Boro Volunteer Ambulance Corps Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tri Boro Volunteer Ambulance Corps Inc covers tax period 202312. It shows revenue of $254,005, expenses of $224,183, total assets of $1,318,915, and liabilities of $3,400.
How much does Tri Boro Volunteer Ambulance Corps Inc spend on programs vs administration?
Based on IRS 990 analysis, Tri Boro Volunteer Ambulance Corps Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Tri Boro Volunteer Ambulance Corps Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tri Boro Volunteer Ambulance Corps Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Tri Boro Volunteer Ambulance Corps Inc's strengths?
Positive indicators for Tri Boro Volunteer Ambulance Corps Inc include: Consistent revenue generation over several years, with assets exceeding $1 million.. All-volunteer model suggests high efficiency in resource allocation to mission.. Stable asset base indicates good financial stewardship and long-term viability.. These findings are derived from AI analysis of the organization's financial filings.
How does Tri Boro Volunteer Ambulance Corps Inc compensate executives?
Executive compensation is reported as $0 across all available filings, consistent with a volunteer-run organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the all-volunteer model impact the organization's ability to scale services or respond to increased demand, given its consistent expense levels?
While the all-volunteer model ensures low administrative costs, it may limit the organization's capacity for rapid expansion or significant service increases without external funding for operational support or additional volunteer recruitment and training infrastructure.
What is the primary source of the organization's revenue, and how diversified is it, considering the 'r' values in the filings?
The primary source of revenue, as indicated by the 'r' values (e.g., $254,005 in 2023), appears to be from contributions and grants. The consistency of these figures suggests a stable donor base, but without further detail, the level of diversification (e.g., individual donors, grants, events) is unclear.
Filing History
IRS 990 filing history for Tri Boro Volunteer Ambulance Corps Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tri Boro Volunteer Ambulance Corps Inc's revenue has grown by 24.6%, moving from $204K to $254K. Total assets increased by 17% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 21.8%, from $184K to $224K. In its most recent filing year (2023), Tri Boro Volunteer Ambulance Corps Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $224K | $1.3M | $3K | — | — |
| 2022 | $248K | $157K | $1.3M | $3K | — | View 990 |
| 2021 | $213K | $203K | $1.2M | $6K | — | View 990 |
| 2020 | $150K | $176K | $1.2M | $13K | — | View 990 |
| 2019 | $220K | $222K | $1.2M | $23K | — | View 990 |
| 2018 | $218K | $232K | $1.2M | $22K | — | View 990 |
| 2017 | $363K | $244K | $1.2M | $21K | — | View 990 |
| 2016 | $250K | $252K | $1.1M | $10K | — | View 990 |
| 2015 | $218K | $214K | $1.1M | $20K | — | View 990 |
| 2014 | $201K | $196K | $1.1M | $19K | — | View 990 |
| 2013 | $163K | $198K | $1.1M | $19K | — | View 990 |
| 2012 | $206K | $175K | $1.2M | $19K | — | View 990 |
| 2011 | $204K | $184K | $1.1M | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $254K, expenses of $224K, and assets of $1.3M (revenue +2.4% year-over-year).
- 2022: Revenue of $248K, expenses of $157K, and assets of $1.3M (revenue +16.3% year-over-year).
- 2021: Revenue of $213K, expenses of $203K, and assets of $1.2M (revenue +42.1% year-over-year).
- 2020: Revenue of $150K, expenses of $176K, and assets of $1.2M (revenue -31.7% year-over-year).
- 2019: Revenue of $220K, expenses of $222K, and assets of $1.2M (revenue +0.9% year-over-year).
- 2018: Revenue of $218K, expenses of $232K, and assets of $1.2M (revenue -40.0% year-over-year).
- 2017: Revenue of $363K, expenses of $244K, and assets of $1.2M (revenue +45.3% year-over-year).
- 2016: Revenue of $250K, expenses of $252K, and assets of $1.1M (revenue +14.6% year-over-year).
- 2015: Revenue of $218K, expenses of $214K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2014: Revenue of $201K, expenses of $196K, and assets of $1.1M (revenue +23.2% year-over-year).
- 2013: Revenue of $163K, expenses of $198K, and assets of $1.1M (revenue -20.8% year-over-year).
- 2012: Revenue of $206K, expenses of $175K, and assets of $1.2M (revenue +1.1% year-over-year).
- 2011: Revenue of $204K, expenses of $184K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri Boro Volunteer Ambulance Corps Inc:
Data Sources and Methodology
This transparency report for Tri Boro Volunteer Ambulance Corps 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.