Vestal Volunteer Emergency Squad Inc
Vestal Volunteer Emergency Squad operates with volunteer leadership, facing recent revenue shortfalls after a period of surpluses.
EIN: 161417973 · Vestal, NY · NTEE: T22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Vestal Volunteer Emergency Squad Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vestal Volunteer Emergency Squad Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vestal Volunteer Emergency Squad Inc
Vestal Volunteer Emergency Squad Inc (EIN: 161417973) is a nonprofit organization based in Vestal, NY, classified under NTEE code T22Z. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vestal Volunteer Emergency Squad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vestal Volunteer Emergency Squad Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-164,445 |
| Total Assets | $1.5M |
| Total Liabilities | $198K |
| Net Assets | $1.3M |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 13.2% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Vestal Volunteer Emergency Squad Inc reported a deficit of $164K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 13.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vestal Volunteer Emergency Squad Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +17.4% | -13.3% |
| 2022 | -19.9% | +8.3% | -18.9% |
| 2021 | +33.2% | +0.2% | +11.3% |
| 2020 | -8.4% | +4.8% | -1.9% |
| 2019 | +1.1% | +6.5% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Vestal Volunteer Emergency Squad Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Vestal Volunteer Emergency Squad Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $164K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a significant strength for a nonprofit of its size.
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 Vestal Volunteer Emergency Squad Inc's IRS 990 filings:
- Expenses exceeded revenue in 2022 and 2023, indicating potential operational deficits.
- Assets have decreased from a peak of $2.13 million in 2021 to $1.49 million in 2023.
Strengths
The following positive indicators were identified for Vestal Volunteer Emergency Squad Inc:
- Zero officer compensation across all filings, indicating volunteer leadership and high efficiency.
- Consistent filing history over 13 periods, demonstrating transparency and compliance.
- Clear alignment between NTEE code (Ambulance & Emergency Medical Services) and organizational name/mission.
- Relatively low liabilities compared to assets, indicating financial stability.
Frequently Asked Questions about Vestal Volunteer Emergency Squad Inc
Is Vestal Volunteer Emergency Squad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vestal Volunteer Emergency Squad Inc (EIN: 161417973) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Vestal Volunteer Emergency Squad Inc spend its money?
Vestal Volunteer Emergency Squad Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vestal Volunteer Emergency Squad Inc tax-deductible?
Vestal Volunteer Emergency Squad Inc is registered as a tax-exempt nonprofit (EIN: 161417973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vestal Volunteer Emergency Squad Inc's spending goes to programs?
Vestal Volunteer Emergency Squad Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vestal Volunteer Emergency Squad Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vestal Volunteer Emergency Squad Inc is above average for NTEE category T22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vestal Volunteer Emergency Squad Inc located?
Vestal Volunteer Emergency Squad Inc is headquartered in Vestal, New York and files with the IRS under EIN 161417973. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Vestal Volunteer Emergency Squad Inc have?
Vestal Volunteer Emergency Squad 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 $1.8M in total revenue.
Is Vestal Volunteer Emergency Squad Inc a good charity?
Based on the available data, Vestal Volunteer Emergency Squad Inc appears to be a good charity. It operates with volunteer leadership (0% officer compensation), indicating a strong commitment to its mission and efficient use of funds. While it has experienced some recent operating deficits, its overall financial history shows stability and a clear programmatic focus on emergency services.
What caused the recent revenue shortfalls in 2022 and 2023?
The provided data does not specify the exact causes of the revenue shortfalls in 2022 and 2023. It could be due to decreased donations, changes in service reimbursement rates, or increased operational costs. A deeper dive into the detailed expense categories and revenue sources would be needed to understand this trend.
How does the organization manage its liabilities?
The organization's liabilities have generally remained at manageable levels relative to its assets. For example, in 2023, liabilities were $198,352 against assets of $1,498,561, indicating a healthy financial position where liabilities are a small fraction of total assets.
Filing History
IRS 990 filing history for Vestal Volunteer Emergency Squad Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vestal Volunteer Emergency Squad Inc's revenue has grown by 70%, moving from $935K to $1.6M. Total assets decreased by 13% over the same period, from $1.7M to $1.5M. Total functional expenses rose by 115%, from $816K to $1.8M. In its most recent filing year (2023), Vestal Volunteer Emergency Squad Inc reported a deficit of $164K, with expenses exceeding revenue. The organization holds $198K in liabilities against $1.5M in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $1.5M | $198K | — | — |
| 2022 | $1.3M | $1.5M | $1.7M | $285K | — | View 990 |
| 2021 | $1.6M | $1.4M | $2.1M | $363K | — | View 990 |
| 2020 | $1.2M | $1.4M | $1.9M | $438K | — | View 990 |
| 2019 | $1.3M | $1.3M | $2.0M | $375K | — | — |
| 2018 | $1.3M | $1.2M | $1.9M | $321K | — | View 990 |
| 2017 | $1.2M | $1.3M | $1.9M | $424K | — | View 990 |
| 2016 | $1.1M | $1.2M | $1.7M | $148K | — | View 990 |
| 2015 | $1.0M | $1.1M | $1.7M | $131K | — | View 990 |
| 2014 | $965K | $994K | $1.8M | $175K | — | View 990 |
| 2013 | $949K | $951K | $1.8M | $180K | — | View 990 |
| 2012 | $942K | $910K | $1.9M | $238K | — | View 990 |
| 2011 | $935K | $816K | $1.7M | $140K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $1.5M (revenue +21.9% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $1.7M (revenue -19.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $2.1M (revenue +33.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $1.9M (revenue -8.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue +1.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $1.9M (revenue +9.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $1.9M (revenue +9.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $1.7M (revenue +6.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $1.7M (revenue +7.8% year-over-year).
- 2014: Revenue of $965K, expenses of $994K, and assets of $1.8M (revenue +1.6% year-over-year).
- 2013: Revenue of $949K, expenses of $951K, and assets of $1.8M (revenue +0.8% year-over-year).
- 2012: Revenue of $942K, expenses of $910K, and assets of $1.9M (revenue +0.7% year-over-year).
- 2011: Revenue of $935K, expenses of $816K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vestal Volunteer Emergency Squad Inc:
Data Sources and Methodology
This transparency report for Vestal Volunteer Emergency Squad 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.