ADAMS AMBULANCE SERVICE INC

EIN: 042473134 501(c)(3)

ADAMS, MA

Total Revenue
$1,271,796
Total Expenses
$1,329,036
Total Assets
$709,621
Net Assets
$452,155
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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
1970
Legal Domicile
MA
Principal Officer
RICHARD KLEINER
Phone
4137767046
Tax Period
2021-07-01 to 2022-06-30

ADAMS AMBULANCE SERVICE INC, founded in 1970, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2021.

Mission

TO PROVIDE AMBULANCE SERVICE TO THE TOWNS OF ADAMS, CHESHIRE AND SAVOY.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $199,172
Program Service Revenue $1,071,613
Investment Income $6,839
Other Revenue $-5,828
TOTAL REVENUE $1,271,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $839,360
Fundraising Expenses $0
Program Expenses $1,127,315
Other Expenses $489,676
TOTAL EXPENSES $1,329,036

Year-over-Year Comparison

2021 2020 Change
Revenue $1,271,796 $1,308,190 0.0%
Expenses $1,329,036 $1,126,763 +0.2%
Net Income $-57,240 $181,427 -1.3%
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

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

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Governance

Voting Members
5
Independent Members
5
Employees
36
Volunteers
5

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD KLEINER PRESIDENT 6.00
Officer Director
$0 $0 $0
PETER MINER VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
FRED BALAWENDER TREASURER 0.50
Officer Director
$0 $0 $0
ROBIN AVERY CLERK 0.50
Officer Director
$0 $0 $0
KYLE RICHARDSON DIRECTOR 0.50
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
2022 $1,271,796 $1,329,036 $709,621 $-57,240
2021 $1,308,190 $1,126,763 $690,969 $181,427
2020 $1,285,814 $1,164,736 $576,818 $121,078
2019 $1,120,875 $1,043,898 $517,581 $76,977
2018 $1,078,341 $1,126,037 $460,046 $-47,696
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