PALMER AMBULANCE SERVICE INC (EIN 042803567) - 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

1983

Legal Domicile

Principal Officer

KATHERINE PIECHOTA

Phone

4132831652

Tax Period

2023-07-01 to 2024-06-30

PALMER AMBULANCE SERVICE INC, founded in 1983, is a small nonprofit in the Health Care sector that reported $903K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 30% operating deficit.

Mission

AMBULANCE SERVICE AND EMERGENCY RESPONSE

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $888,756

Investment Income $10,374

Other Revenue $4,000

TOTAL REVENUE $903,130

Expense Breakdown

Grants Paid $0

Salaries & Benefits $770,412

Fundraising Expenses $0

Program Expenses $939,139

Other Expenses $400,282

TOTAL EXPENSES $1,170,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	$903,130	$1,058,288	-0.1%
Expenses	$1,170,694	$1,387,115	-0.2%
Net Income	$-267,564	$-328,827	-0.2%

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

$93,529

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE PIECHOTA	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT HAVELES	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
THOMAS GRAVELIN	TREASURER	1.00	Officer Director	$0	$0	$0
CARLA ALVES	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND BRETON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SWIATLOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SASUR	DIRECTOR	1.00	Director	$0	$0	$0
DAVID K CLARK	MANAGER & DI	40.00	Director	$93,529	$0	$93,529

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	No data	No data	No data	No data
2024	$903,130	$1,170,694	$521,373	$-267,564
2023	$1,058,288	$1,387,115	$807,372	$-328,827
2022	$1,336,300	$1,317,822	$1,145,773	$18,478
2021	$1,124,581	$1,233,003	$1,340,152	$-108,422
2020	$1,705,881	$1,614,866	$1,482,205	$91,015

PALMER AMBULANCE SERVICE INC