Upper Kennebec Valley Ambulance Service
Upper Kennebec Valley Ambulance Service shows consistent revenue growth and strong financial health with no reported officer compensation.
EIN: 10411259 · Bingham, ME · NTEE: E62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $661K |
| Program Spending | 90% |
| Net Assets | $514K |
| Transparency Score | 90/100 |
Is Upper Kennebec Valley Ambulance Service Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Upper Kennebec Valley Ambulance Service directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Upper Kennebec Valley Ambulance Service
Upper Kennebec Valley Ambulance Service (EIN: 10411259) is a nonprofit organization based in Bingham, ME, classified under NTEE code E62. The organization reported total revenue of $1.5M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Upper Kennebec Valley Ambulance Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Upper Kennebec Valley Ambulance Service is a mid-size nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $777K |
| Total Expenses | $661K |
| Surplus / Deficit | +$116K |
| Total Assets | $547K |
| Total Liabilities | $33K |
| Net Assets | $514K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Upper Kennebec Valley Ambulance Service reported a surplus of $116K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Upper Kennebec Valley Ambulance Service's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.7% | +12.6% | +18.6% |
| 2022 | +27.6% | +29.8% | +13.1% |
| 2021 | +14.8% | +3.6% | +33.2% |
| 2020 | -2.9% | -5.4% | -16.8% |
| 2019 | +28.0% | +2.0% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 Upper Kennebec Valley Ambulance Service with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Upper Kennebec Valley Ambulance Service allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten years of filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Upper Kennebec Valley Ambulance Service:
- Consistent revenue growth, nearly doubling from $408,023 in 2014 to $777,142 in 2023.
- Strong financial health with assets growing from $328,206 to $547,055 over the decade.
- Very low liabilities relative to assets, indicating a strong balance sheet.
- 0% officer compensation reported across all ten years of filings, suggesting high efficiency and dedication of resources to mission.
- Positive net income in most recent years, demonstrating sustainable operations (e.g., $115,786 surplus in 2023).
Frequently Asked Questions about Upper Kennebec Valley Ambulance Service
Is Upper Kennebec Valley Ambulance Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Upper Kennebec Valley Ambulance Service (EIN: 10411259) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Upper Kennebec Valley Ambulance Service spend its money?
Upper Kennebec Valley Ambulance Service directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Upper Kennebec Valley Ambulance Service tax-deductible?
Upper Kennebec Valley Ambulance Service is registered as a tax-exempt nonprofit (EIN: 10411259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Upper Kennebec Valley Ambulance Service compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Upper Kennebec Valley Ambulance Service is above average for NTEE category E62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Upper Kennebec Valley Ambulance Service located?
Upper Kennebec Valley Ambulance Service is headquartered in Bingham, Maine and files with the IRS under EIN 10411259. It is classified under NTEE code E62.
How many years of IRS 990 filings does Upper Kennebec Valley Ambulance Service have?
Upper Kennebec Valley Ambulance Service has 10 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 $1.5M in total revenue.
Is Upper Kennebec Valley Ambulance Service a good charity?
Based on the available IRS 990 data, the organization appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and remarkably, reports no officer compensation, suggesting a high dedication of resources to its mission.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved. Revenue has nearly doubled from $408,023 in 2014 to $777,142 in 2023, and assets have grown from $328,206 to $547,055 over the same period, while liabilities have remained low, indicating increasing financial strength.
What is the trend in expenses versus revenue?
In most recent years, revenue has outpaced expenses, leading to a surplus. For example, in 2023, revenue was $777,142 and expenses were $661,356, demonstrating effective cost management relative to income.
Filing History
IRS 990 filing history for Upper Kennebec Valley Ambulance Service showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Upper Kennebec Valley Ambulance Service's revenue has grown by 90.5%, moving from $408K to $777K. Total assets increased by 66.7% over the same period, from $328K to $547K. Total functional expenses rose by 75.4%, from $377K to $661K. In its most recent filing year (2023), Upper Kennebec Valley Ambulance Service reported a surplus of $116K, with revenue exceeding expenses. The organization holds $33K in liabilities against $547K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $514K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $777K | $661K | $547K | $33K | — | — |
| 2022 | $689K | $587K | $461K | $36K | — | — |
| 2021 | $540K | $453K | $408K | $84K | — | View 990 |
| 2020 | $471K | $437K | $306K | $87K | — | View 990 |
| 2019 | $485K | $462K | $368K | $99K | — | View 990 |
| 2018 | $379K | $453K | $305K | $71K | — | View 990 |
| 2017 | $402K | $439K | $282K | $63K | — | View 990 |
| 2016 | $476K | $470K | $380K | $59K | — | View 990 |
| 2015 | $432K | $382K | $377K | $63K | — | View 990 |
| 2014 | $408K | $377K | $328K | $67K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $777K, expenses of $661K, and assets of $547K (revenue +12.7% year-over-year).
- 2022: Revenue of $689K, expenses of $587K, and assets of $461K (revenue +27.6% year-over-year).
- 2021: Revenue of $540K, expenses of $453K, and assets of $408K (revenue +14.8% year-over-year).
- 2020: Revenue of $471K, expenses of $437K, and assets of $306K (revenue -2.9% year-over-year).
- 2019: Revenue of $485K, expenses of $462K, and assets of $368K (revenue +28.0% year-over-year).
- 2018: Revenue of $379K, expenses of $453K, and assets of $305K (revenue -5.6% year-over-year).
- 2017: Revenue of $402K, expenses of $439K, and assets of $282K (revenue -15.7% year-over-year).
- 2016: Revenue of $476K, expenses of $470K, and assets of $380K (revenue +10.2% year-over-year).
- 2015: Revenue of $432K, expenses of $382K, and assets of $377K (revenue +5.9% year-over-year).
- 2014: Revenue of $408K, expenses of $377K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Upper Kennebec Valley Ambulance Service:
Data Sources and Methodology
This transparency report for Upper Kennebec Valley 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.