HMedical ResearchEIN: 203693455· Ruling Year: 2006

Area Ambulance Authority

Cedar Rapids, Iowa

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 5 peers in Medical Research with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.48×
Peer Median3.10×
💰
$8.9M
Total Revenue
📊
$8.1M
Total Expenses
🏦
$12.0M
Net Assets
📋
$602K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.5%
Year-over-year change (2023 → 2024)
Net Margin
+8.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.48
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$8,900,8877%$8,129,4514%$12,614,92011%
2023$8,280,5372%$7,826,7402%$11,352,7444%
2022$8,115,1446%$7,664,9995%$10,871,6593%
2021$7,665,2814%$7,331,7084%$11,158,5944%
2020$7,964,95121%$7,019,6071%$10,755,7098%
2019$6,604,3592%$7,068,91711%$9,974,34115%
2018$6,467,5692%$6,375,5727%$11,752,0076%
2017$6,573,5824%$5,970,0439%$11,043,6673%
2016$6,301,6741%$5,479,7194%$10,752,54512%
2015$6,348,1618%$5,256,8854%$9,625,48312%
2014$5,856,4245%$5,063,8732%$8,611,8718%
2013$5,603,7335%$4,983,2524%$7,995,2896%
2012$5,911,3513%$4,813,7225%$7,572,17426%
2011$5,745,403$4,579,071$6,028,597

Frequently Asked Questions

What does Area Ambulance Authority do?

Area Ambulance Authority is a medical research nonprofit organization based in Iowa. It is classified under NTEE code H11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Area Ambulance Authority financially healthy?

Based on our 9-metric Financial Health Score model, Area Ambulance Authority has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Area Ambulance Authority generate?

Area Ambulance Authority reports $10.4M in annual revenue and holds $13.8M in total assets, based on IRS filings.

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