LIBERTY VOLUNTEER AMBULANCE SERVICE

EIN: 010414486 501(c)(3)

LIBERTY, ME

Total Revenue
$74,082
Total Expenses
$93,209
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
ME
Tax Period
2022-01-01 to 2022-12-31

LIBERTY VOLUNTEER AMBULANCE SERVICE is a 501(c)(3) with EIN 010414486, based in LIBERTY, ME. Founded in 1970, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $74,082 in total revenue and $93,209 in total expenses.

Mission

THE PURPOSE IS TO PROVIDE EMERGENCY RESCUE AND OTHER REQUIRED AMBULANCE SERVICES TO THE RESIDENTS OF THE TOWN OF LIBERTY AND SURROUNDING MUNICIPALITIES

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $74,078
Investment Income $4
Other Revenue $0
TOTAL REVENUE $74,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,153
Fundraising Expenses $0
Program Expenses $93,209
Other Expenses $34,056
TOTAL EXPENSES $93,209

Year-over-Year Comparison

2022 2021 Change
Revenue $74,082 $176,658 -0.6%
Expenses $93,209 $204,278 -0.5%
Net Income $-19,127 $-27,620 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
4
Independent Members
N/A
Employees
15
Volunteers
25

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
3
$19,685
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EARLE ALBERT ASSISTANT CHIEF AND VP 36.00
Officer
$16,028 $0 $16,028
JOANNE PEASE TREASURER 2.00
Officer
$3,657 $0 $3,657
WILLIAM GILLESPIE PRESIDENT AND CHIEF 20.00
Officer
$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
2022 $74,082 $93,209 No data $-19,127
2021 $176,658 $204,278 $227,678 $-27,620
2020 $277,984 $213,937 $255,527 $64,047
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