COLRAIN VOLUNTEER AMBULANCE ASSOCIATION INC (EIN 043282191) - 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

1996

Principal Officer

GARY PONCE

Phone

4132239212

Tax Period

2021-07-01 to 2022-06-30

COLRAIN VOLUNTEER AMBULANCE ASSOCIATION INC, founded in 1996, is a small nonprofit that reported $248K in total revenue in fiscal year 2021. Revenue decreased 6% compared to the prior year. Expenses of $311K exceeded revenue, resulting in a 25% operating deficit.

Mission

AMBULANCE SERVICE

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $473

Program Service Revenue $238,163

Investment Income $9,562

Other Revenue $0

TOTAL REVENUE $248,198

Expense Breakdown

Grants Paid $499

Salaries & Benefits $131,467

Fundraising Expenses $0

Program Expenses $311,433

Other Expenses $179,467

TOTAL EXPENSES $311,433

Year-over-Year Comparison

	2021	2020	Change
Revenue	$248,198	$263,846	-0.1%
Expenses	$311,433	$325,421	0.0%
Net Income	$-63,235	$-61,575	+0.0%

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

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

$56,545

Total Directors

$77,616

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY PONCE	CEO/DIRECTOR	40.00	Officer Director	$27,043	$0	$27,043
JOANNE DEADY	PRESIDENT	40.00	Officer Director	$22,158	$0	$22,158
COLLEEN WORDEN	TRUSTEE	3.00	Director	$11,934	$0	$11,934
DANIEL DYER	TRUSTEE	3.00	Director	$9,137	$0	$9,137
MELINDA HERZIG	SECRETARY	6.00	Officer Director	$7,344	$0	$7,344
HARRIET DYER	TREASURER	3.00	Officer Director	$0	$0	$0
KEVIN WORDEN	ASST CEO	3.00	Officer 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	$248,198	$311,433	$317,794	$-63,235
2021	$263,846	$325,421	$381,431	$-61,575

COLRAIN VOLUNTEER AMBULANCE ASSOCIATION INC