Unity Volunteer Ambulance Corp
Unity Volunteer Ambulance Corp shows stable assets but recent expenses exceeded revenue.
EIN: 10278440 · Unity, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $539K |
| Total Expenses | $410K |
| Program Spending | 80% |
| Net Assets | $869K |
| Transparency Score | 85/100 |
Is Unity Volunteer Ambulance Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unity Volunteer Ambulance Corp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Unity Volunteer Ambulance Corp
Unity Volunteer Ambulance Corp (EIN: 10278440) is a nonprofit organization based in Unity, ME. The organization reported total revenue of $539K and total assets of $956K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unity Volunteer Ambulance Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unity Volunteer Ambulance Corp 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 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $410K |
| Surplus / Deficit | $-111,875 |
| Total Assets | $869K |
| Net Assets | $869K |
| Operating Margin | -37.5% |
| Months of Reserves | 25.4 months |
Financial Health Grade: B
In 2023, Unity Volunteer Ambulance Corp reported a deficit of $112K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Unity Volunteer Ambulance Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.1% | +21.2% | -3.6% |
| 2022 | -33.6% | +54.4% | -28.5% |
| 2021 | +163.8% | +17.0% | +33.5% |
| 2020 | +33.4% | +4.1% | +1.7% |
| 2019 | -23.1% | +2.3% | +0.0% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Unity Volunteer Ambulance Corp 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, Unity Volunteer Ambulance Corp 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $112K, with expenses exceeding revenue.
Executive Compensation Analysis
Unity Volunteer Ambulance Corp consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for minimizing administrative overhead.
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 Unity Volunteer Ambulance Corp's IRS 990 filings:
- Expenses significantly exceeded revenue in the most recent filing (202312), with expenses at $410,252 against revenue of $298,377.
Strengths
The following positive indicators were identified for Unity Volunteer Ambulance Corp:
- Consistently reports 0% officer compensation, indicating a volunteer-led organization.
- Maintains a strong asset base, consistently near or above $900,000, demonstrating financial stability.
- Consistently reports $0 in liabilities across all filings, indicating excellent financial health and no debt.
- Demonstrated ability to generate substantial revenue in some years, such as $535,782 in 2021.
Frequently Asked Questions about Unity Volunteer Ambulance Corp
Is Unity Volunteer Ambulance Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Unity Volunteer Ambulance Corp (EIN: 10278440) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Unity Volunteer Ambulance Corp spend its money?
Unity Volunteer Ambulance Corp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unity Volunteer Ambulance Corp tax-deductible?
Unity Volunteer Ambulance Corp is registered as a tax-exempt nonprofit (EIN: 10278440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Unity Volunteer Ambulance Corp's spending goes to programs?
Unity Volunteer Ambulance Corp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Unity Volunteer Ambulance Corp located?
Unity Volunteer Ambulance Corp is headquartered in Unity, Maine and files with the IRS under EIN 10278440.
How many years of IRS 990 filings does Unity Volunteer Ambulance Corp have?
Unity Volunteer Ambulance Corp 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 $539K in total revenue.
Is Unity Volunteer Ambulance Corp a good charity?
Based on the available data, Unity Volunteer Ambulance Corp appears to be a well-managed organization with a strong volunteer base (0% officer compensation) and a consistent asset base. While the most recent year (202312) showed expenses exceeding revenue, this is not a consistent trend, and the organization has historically maintained a healthy financial position with zero liabilities. Its focus on providing ambulance services suggests a direct community benefit.
What caused the significant increase in expenses in 2023?
The IRS 990 data shows expenses increased to $410,252 in 2023 from $338,539 in 2022 and $219,221 in 2021. Without a detailed breakdown of expenses from the full 990 form, it's impossible to pinpoint the exact cause. It could be due to increased operational costs, equipment purchases, or a one-time investment.
How does Unity Volunteer Ambulance Corp fund its operations?
The revenue figures fluctuate significantly year-to-year (e.g., $535,782 in 2021 vs. $298,377 in 2023). While the specific sources aren't detailed in this summary, ambulance corps typically rely on a mix of service fees, government grants, and community donations.
Filing History
IRS 990 filing history for Unity Volunteer Ambulance Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Unity Volunteer Ambulance Corp's revenue has grown by 121.8%, moving from $135K to $298K. Total assets increased by 3.6% over the same period, from $838K to $869K. Total functional expenses rose by 150%, from $164K to $410K. In its most recent filing year (2023), Unity Volunteer Ambulance Corp reported a deficit of $112K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $298K | $410K | $869K | $0 | — | — |
| 2022 | $356K | $339K | $901K | $0 | — | View 990 |
| 2021 | $536K | $219K | $1.3M | $0 | — | View 990 |
| 2020 | $203K | $187K | $944K | $0 | — | — |
| 2019 | $152K | $180K | $928K | $0 | — | View 990 |
| 2018 | $198K | $176K | $928K | $0 | — | View 990 |
| 2017 | $279K | $192K | $974K | $0 | — | View 990 |
| 2016 | $169K | $192K | $886K | $0 | — | View 990 |
| 2015 | $146K | $175K | $909K | $0 | — | View 990 |
| 2014 | $169K | $142K | $939K | $0 | — | View 990 |
| 2013 | $212K | $148K | $911K | $0 | — | View 990 |
| 2012 | $206K | $201K | $843K | $0 | — | View 990 |
| 2011 | $135K | $164K | $838K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $298K, expenses of $410K, and assets of $869K (revenue -16.1% year-over-year).
- 2022: Revenue of $356K, expenses of $339K, and assets of $901K (revenue -33.6% year-over-year).
- 2021: Revenue of $536K, expenses of $219K, and assets of $1.3M (revenue +163.8% year-over-year).
- 2020: Revenue of $203K, expenses of $187K, and assets of $944K (revenue +33.4% year-over-year).
- 2019: Revenue of $152K, expenses of $180K, and assets of $928K (revenue -23.1% year-over-year).
- 2018: Revenue of $198K, expenses of $176K, and assets of $928K (revenue -29.1% year-over-year).
- 2017: Revenue of $279K, expenses of $192K, and assets of $974K (revenue +65.3% year-over-year).
- 2016: Revenue of $169K, expenses of $192K, and assets of $886K (revenue +15.9% year-over-year).
- 2015: Revenue of $146K, expenses of $175K, and assets of $909K (revenue -13.8% year-over-year).
- 2014: Revenue of $169K, expenses of $142K, and assets of $939K (revenue -20.3% year-over-year).
- 2013: Revenue of $212K, expenses of $148K, and assets of $911K (revenue +3.1% year-over-year).
- 2012: Revenue of $206K, expenses of $201K, and assets of $843K (revenue +52.9% year-over-year).
- 2011: Revenue of $135K, expenses of $164K, and assets of $838K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unity Volunteer Ambulance Corp:
Data Sources and Methodology
This transparency report for Unity Volunteer Ambulance Corp 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.