Valley Emergency Medical Services Inc
Valley Emergency Medical Services: Consistent Revenue, Declining Assets, and Transparency Gaps
EIN: 222483894 · Seymour, CT · NTEE: E62Z · Updated: 2026-04-04
About Valley Emergency Medical Services Inc
Valley Emergency Medical Services Inc (EIN: 222483894) is a nonprofit organization based in Seymour, CT, classified under NTEE code E62Z. The organization reported total revenue of $2.5M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Emergency Medical Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Valley Emergency Medical Services 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Valley Emergency Medical Services Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed with the provided data, as no specific compensation figures for executives are included in the financial summaries.
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 Valley Emergency Medical Services Inc's IRS 990 filings:
- Total assets have shown a consistent decline from $1,937,908 in 2020 to $1,164,863 in 2024, warranting further investigation into asset management.
- The provided data does not include a detailed breakdown of expenses (program, admin, fundraising), which is a significant red flag for financial transparency.
Strengths
The following positive indicators were identified for Valley Emergency Medical Services Inc:
- Valley Emergency Medical Services Inc. has maintained a relatively stable revenue stream over the past several years, indicating consistent operational funding.
- The organization consistently reports 0% lobbying costs, suggesting a focus on direct service delivery rather than political advocacy.
Frequently Asked Questions about Valley Emergency Medical Services Inc
What does Valley Emergency Medical Services Inc do?
Valley Emergency Medical Services Inc is a nonprofit organization in the Health Care sector, located in Seymour, Connecticut. It is classified under NTEE code E62Z.
How much revenue does Valley Emergency Medical Services Inc have?
Valley Emergency Medical Services Inc reported total revenue of $2,513,020. Based on 14 IRS 990 filings on record.
What are Valley Emergency Medical Services Inc's total assets?
Valley Emergency Medical Services Inc holds total assets of $1,204,604 as reported in IRS 990 filings.
Where is Valley Emergency Medical Services Inc located?
Valley Emergency Medical Services Inc is based in Seymour, Connecticut.
What is Valley Emergency Medical Services Inc's EIN?
Valley Emergency Medical Services Inc's Employer Identification Number (EIN) is 222483894. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Valley Emergency Medical Services Inc?
Valley Emergency Medical Services Inc is classified under NTEE code E62Z (Health Care).
Is Valley Emergency Medical Services Inc a registered 501(c)(3)?
Yes, Valley Emergency Medical Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222483894.
Does Valley Emergency Medical Services Inc file IRS Form 990?
Yes, Valley Emergency Medical Services Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Valley Emergency Medical Services Inc's revenue in 2024?
In the 202404 filing period, Valley Emergency Medical Services Inc reported total revenue of $2,285,906, total expenses of $2,417,127, and net assets of $1,164,863.
Is Valley Emergency Medical Services Inc's revenue growing or declining?
Valley Emergency Medical Services Inc's revenue is relatively stable. Revenue went from $2,323,333 (202304) to $2,285,906 (202404), a -1.6% change. Based on 14 filings on record.
What is Valley Emergency Medical Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Valley Emergency Medical Services Inc covers tax period 202404. It shows revenue of $2,285,906, expenses of $2,417,127, total assets of $1,164,863, and liabilities of $153,153.
How much does Valley Emergency Medical Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Valley Emergency Medical Services Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Valley Emergency Medical Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Valley Emergency Medical Services Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Valley Emergency Medical Services Inc?
The following concerns were identified: Total assets have shown a consistent decline from $1,937,908 in 2020 to $1,164,863 in 2024, warranting further investigation into asset management.. The provided data does not include a detailed breakdown of expenses (program, admin, fundraising), which is a significant red flag for financial transparency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Valley Emergency Medical Services Inc's strengths?
Positive indicators for Valley Emergency Medical Services Inc include: Valley Emergency Medical Services Inc. has maintained a relatively stable revenue stream over the past several years, indicating consistent operational funding.. The organization consistently reports 0% lobbying costs, suggesting a focus on direct service delivery rather than political advocacy.. These findings are derived from AI analysis of the organization's financial filings.
How does Valley Emergency Medical Services Inc compensate executives?
Executive compensation cannot be assessed with the provided data, as no specific compensation figures for executives are included in the financial summaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Valley Emergency Medical Services Inc?
• The provided data lacks detailed breakdowns of program, administrative, and fundraising expenses, making it difficult to fully assess spending efficiency. • No information on board composition, meeting frequency, or conflict of interest policies is available. • The organization's website or public filings would need to be reviewed for a comprehensive transparency assessment beyond the provided financial summaries. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors are contributing to the consistent decline in total assets from $1,937,908 in 2020 to $1,164,863 in 2024, and how is the organization addressing this trend?
Without detailed financial statements, it's unclear if the asset decline is due to depreciation of equipment, sale of assets, or other factors. Further investigation into capital expenditures and asset management strategies would be necessary.
Given the consistent revenue, how does the organization manage its expenses to ensure sustainability and maximize program impact without detailed expense breakdowns?
The lack of detailed expense breakdowns (program, admin, fundraising) makes it impossible to assess the efficiency of expense management. A deeper dive into their Form 990 filings would be crucial to understand their operational efficiency and resource allocation.
Filing History
IRS 990 filing history for Valley Emergency Medical Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Valley Emergency Medical Services Inc's revenue has grown by 73.6%, moving from $1.3M to $2.3M. Total assets increased by 48.3% over the same period, from $785K to $1.2M. Total functional expenses rose by 90.4%, from $1.3M to $2.4M. In its most recent filing year (2024), Valley Emergency Medical Services Inc reported a deficit of $131K, with expenses exceeding revenue. The organization holds $153K in liabilities against $1.2M in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $2.4M | $1.2M | $153K | — | View 990 |
| 2023 | $2.3M | $2.6M | $1.2M | $105K | — | View 990 |
| 2022 | $2.3M | $2.5M | $1.6M | $121K | — | View 990 |
| 2021 | $2.6M | $2.4M | $1.8M | $104K | — | View 990 |
| 2020 | $2.5M | $2.5M | $1.9M | $498K | — | View 990 |
| 2019 | $2.3M | $2.2M | $1.5M | $123K | — | View 990 |
| 2018 | $2.2M | $2.1M | $1.4M | $109K | — | View 990 |
| 2017 | $2.0M | $2.0M | $1.4M | $223K | — | View 990 |
| 2016 | $2.2M | $1.9M | $1.5M | $331K | — | View 990 |
| 2015 | $2.0M | $2.1M | $992K | $90K | — | View 990 |
| 2014 | $2.3M | $2.1M | $1.2M | $137K | — | View 990 |
| 2013 | $1.7M | $1.8M | $937K | $101K | — | View 990 |
| 2012 | $1.7M | $1.5M | $994K | $63K | — | View 990 |
| 2011 | $1.3M | $1.3M | $785K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.3M, expenses of $2.4M, and assets of $1.2M (revenue -1.6% year-over-year).
- 2023: Revenue of $2.3M, expenses of $2.6M, and assets of $1.2M (revenue +1.4% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.5M, and assets of $1.6M (revenue -11.9% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.4M, and assets of $1.8M (revenue +3.5% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $1.9M (revenue +10.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M (revenue +2.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.1M, and assets of $1.4M (revenue +11.3% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $1.4M (revenue -7.5% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.9M, and assets of $1.5M (revenue +8.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.1M, and assets of $992K (revenue -13.4% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.1M, and assets of $1.2M (revenue +37.8% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $937K (revenue +0.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.5M, and assets of $994K (revenue +26.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $785K.
Data Sources and Methodology
This transparency report for Valley Emergency Medical Services 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.