Newport Ambulance Service 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

1996

Legal Domicile

Principal Officer

Debra Tanguay

Phone

8023342023

Tax Period

2025-01-01 to 2025-12-31

Newport Ambulance Service Inc, founded in 1996, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $982K, a strong 15% operating margin.

Mission

Provide Emergency Service Transportation to Citizens

Program Service Accomplishments

Program 1

Expenses: $4,852,835 Revenue: $6,508,259

The organization provides emergency service transportation to approximately 24,000 citizens in need.

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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 (2025)

Revenue Breakdown

Contributions & Grants $21,590

Program Service Revenue $6,508,259

Investment Income $-60,191

Other Revenue $0

TOTAL REVENUE $6,469,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,974,790

Fundraising Expenses $0

Program Expenses $4,852,835

Other Expenses $1,512,786

TOTAL EXPENSES $5,487,576

Year-over-Year Comparison

	2025	2024	Change
Revenue	$6,469,658	$5,667,151	+0.1%
Expenses	$5,487,576	$5,092,359	+0.1%
Net Income	$982,082	$574,792	+0.7%

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

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

$24,500

Total Directors

$161,327

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Johansen	Executive Dir.	40.00	Director	$136,827	$0	$136,827
Charles Pronto	President	5.00	Officer Director	$7,500	$0	$7,500
Scott Griswold	Vice President	1.00	Officer Director	$6,000	$0	$6,000
Debra Tanguay	Treasurer	5.00	Officer Director	$5,000	$0	$5,000
Susan Barrup	Secretary	1.00	Officer Director	$3,000	$0	$3,000
Douglass Brent	Clerk	1.00	Officer Director	$2,250	$0	$2,250
Judy Poirier	Clerk	1.00	Officer Director	$750	$0	$750

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	$6,469,658	$5,487,576	$5,302,357	$982,082
2024	No data	No data	No data	No data
2023	$4,797,917	$4,628,027	$3,563,633	$169,890
2022	$4,202,812	$3,967,549	$3,206,641	$235,263
2021	$3,897,005	$3,511,340	$3,154,786	$385,665
2020	$3,800,785	$3,217,888	$3,301,634	$582,897
2019	$3,010,138	$2,895,754	$2,492,086	$114,384
2018	$2,835,105	$2,505,357	$2,289,153	$329,748