GLOVER AMBULANCE SQUAD INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

ADAM HEUSLEIN

Phone

8025253560

Tax Period

2024-10-01 to 2025-09-30

GLOVER AMBULANCE SQUAD INC, founded in 1998, is a small nonprofit in the Health Care sector that reported $353K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

AMBULANCE SERVICES - TO PROVIDE BOTH EMERGENCY AND NON-EMERGENCY TREATMENT AND TRANSPORT TO THE SICK AND INJURED.

Program Service Accomplishments

Program 1

Expenses: $355,392 Revenue: $253,194

AMBULANCE SERVICES AS THE PRIMARY RESPONDER FOR "911" CALLS TO THE FOUR (4) TOWNS OF ALBANY, GLOVER, WEST GLOVER AND WESTMORE AND AS A PROVIDER WITH MUTUAL AID TO 10 OTHER AREA TOWNS. CALLS FOR...

AMBULANCE SERVICES AS THE PRIMARY RESPONDER FOR "911" CALLS TO THE FOUR (4) TOWNS OF ALBANY, GLOVER, WEST GLOVER AND WESTMORE AND AS A PROVIDER WITH MUTUAL AID TO 10 OTHER AREA TOWNS. CALLS FOR SERVICE INCLUDED 231 "911" CALLS IN THE FOUR PRIMARY TOWNS SERVICE AREA, 72 MUTUAL AID CALLS TO AREA TOWNS WITH HARDWICK RESCUE SQUAD, ORLEANS EMERGENCY UNIT AND LYNDON RESCUE SQUAD, AND 64 TRANSFER SERVICE CALLS; TOTAL OF 367 CALLS.

Program 2

Revenue: $7,580

CPR AND FIRST AID TRAINING WAS PROVIDED IN THROUGHOUT ORLEANS COUNTY INCLUDING BARTON, ORLEANS, CRAFTSBURY,GLOVER, WESTMORE, ALBANY AND NEWPORT, VT. FORTY TWO (42) CLASSES WERE HELD WITH 175...

CPR AND FIRST AID TRAINING WAS PROVIDED IN THROUGHOUT ORLEANS COUNTY INCLUDING BARTON, ORLEANS, CRAFTSBURY,GLOVER, WESTMORE, ALBANY AND NEWPORT, VT. FORTY TWO (42) CLASSES WERE HELD WITH 175 ATTENDEES FROM NORTHERN VERMONT. CLASSES (AND ATTENDANCE) INCLUDED CPR SKILLS CHECKS (9), HEART SAVER CPR/AED/ FIRST AID (100), BASIC LIFE SUPPORT (57), AND HEARTSAFE FIRST AID (9).

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,907

Program Service Revenue $260,774

Investment Income $4,374

Other Revenue $9,058

TOTAL REVENUE $353,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,549

Fundraising Expenses $0

Program Expenses $355,392

Other Expenses $185,291

TOTAL EXPENSES $374,840

Year-over-Year Comparison

	2024	2023	Change
Revenue	$353,113	$480,537	-0.3%
Expenses	$374,840	$460,515	-0.2%
Net Income	$-21,727	$20,022	-2.1%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$133,550

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM HEUSLEIN	PRESIDENT	40.00	Officer	$70,845	$0	$70,845
ASHLEY FONTAINE	SECRETARY	40.00	Officer	$62,705	$0	$62,705
PEGGY DAY-GIBSON	DIRECTOR	2.00	Director	$0	$0	$0
DALE O'LEARY	DIRECTOR	2.00	Director	$0	$0	$0
TABITHA ARMSTRONG	VICE PRESIDE	2.00	Officer	$0	$0	$0
LISA LITTLEFIELD	TREASURER	2.00	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
2025	$353,113	$374,840	$566,862	$-21,727
2024	$480,537	$460,515	$588,589	$20,022
2023	$530,653	$450,514	$568,567	$80,139
2022	$703,917	$491,211	$488,428	$212,706
2021	$557,233	$368,285	$307,161	$188,948
2020	$288,560	$298,622	$121,937	$-10,062
2018	$141,341	$149,319	$127,254	$-7,978