Charity Search / WELLMAN VOLUNTEER AMBULANCE SERVICEINC
Public Safety & Disaster Relief (M99) 990 on File

WELLMAN VOLUNTEER AMBULANCE SERVICEINC

EIN: 42-1065288 · WELLMAN, IA 52356-0527 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 75/100
Reliability (20%) 50/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$40K
Total Revenue
$34K
Total Expenses
$316K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 111.65x
Liability-to-Asset 27.4%
Revenue Diversification 25.3%
Compared with Peers
FY 2024
Compared with 2,293 similar organizations (United States, Public Safety & Disaster Relief, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 90.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
111.7 mo 45.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
27.4% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
25.3% 90.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
80.7% 2.2%
P10P90
Expense growth
Year over year expense growth
-0.7% -2.6%
P10P90
Surplus margin
Surplus as a share of revenue
16.1% 22.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $40K $34K $316K 100.0%
2023 $22K $34K $309K 100.0%
2022 $39K $33K $321K 100.0%
2021 $33K $49K N/A 1
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Organization Details
EIN
42-1065288
State
IA
City
WELLMAN
ZIP
52356-0527
Classification
M99
Category
Public Safety & Disaster Relief
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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