AMBULANCE SERVICE INC (EIN 010323915) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

CARROLL THERIAULT

Phone

2078343145

Tax Period

2024-01-01 to 2024-12-31

AMBULANCE SERVICE INC, founded in 1973, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 10% surplus.

Mission

PROVIDES PATIENT AMBULANCE TRANSPORTS FROM ALLAGASH TO FRENCHVILLE; WINTERVILLE, GUERRETTE, ST. AGATHA, AND SINCLAIR TO FORT KENT SERVING A POPULATION OF 14,000. LONG-DISTANCE TRANSPORTS TO TERTIARY FACILITIES ARE MADE AS NEEDED FROM PRESQUE ISLE TO BOSTON BY LOCALLY TRAINED VOLUNTEERS FROM THE VARIOUS COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,482

Program Service Revenue $1,043,552

Investment Income $-14,250

Other Revenue $226,109

TOTAL REVENUE $1,451,893

Expense Breakdown

Grants Paid $0

Salaries & Benefits $713,531

Fundraising Expenses $0

Program Expenses $1,247,419

Other Expenses $598,767

TOTAL EXPENSES $1,312,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,451,893	$1,081,828	+0.3%
Expenses	$1,312,298	$1,120,630	+0.2%
Net Income	$139,595	$-38,802	-4.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN FOURNIER	VP/TREASURER	N/A	Officer Director	$0	$0	$0
GARY GARDINER	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JOHN LABRIE	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MARTIN	TRUSTEE	N/A	Director	$0	$0	$0
DARRELL MITCHELL	TRUSTEE	N/A	Director	$0	$0	$0
DAVID SOUCY	TRUSTEE	N/A	Director	$0	$0	$0
CARROLL THERIAULT	PRESIDENT/TR	N/A	Officer Director	$0	$0	$0
PERCY THIBEAULT	TRUSTEE	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,451,893	$1,312,298	$1,516,838	$139,595
2023	$1,081,828	$1,120,630	$1,230,229	$-38,802
2022	$1,173,101	$1,077,184	$1,022,599	$95,917
2021	$830,207	$872,128	$1,121,313	$-41,921
2020	$923,660	$832,043	$933,223	$91,617
2019	$877,784	$848,051	$771,879	$29,733
2018	$903,333	$944,401	$743,609	$-41,068

AMBULANCE SERVICE INC