SPENCER, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPENCER RESCUE & EMERGENCY SQUAD INC, founded in 1959, is a community nonprofit in the Health Care sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 8% surplus.
SPENCER RESCUE & EMERGENCY SQUAD, INC. (SRES) IS AN INDEPENDENT, NONPROFIT AMBULANCE SERVICE PROVIDING TOP-NOTCH BASIC AND ADVANCED LIFE SUPPORT EMS SERVICES TO THE RESIDENTS OF SPENCER, MASSACHUSETTS, A CENTRAL MASSACHUSETTS TOWN OF NEARLY 12,000 RESIDENTS, AS WELL AS PROVIDING MUTUAL AID AS NECESSARY TO SEVERAL SURROUNDING TOWNS. OUR MISSION IS TO PROVIDE CLINICALLY SUPERLATIVE AND OPERATIONALLY EFFECTIVE PREHOSPITAL CARE TO THE TOWN, ITS RESIDENTS AND VISITORS AND TO BE A RESPONSIBLE AND INNOVATIVE PARTICIPANT IN THE PROMOTION OF THE REGION'S PUBLIC HEALTH. THE ORGANIZATION IS OVERSEEN BY A BOARD OF DIRECTORS, COMPRISED OF LOCAL BUSINESS PROFESSIONALS, ALL OF WHOM VOLUNTEER THEIR TIME TO ASSIST IN THE ACHIEVEMENT OF THE ORGANIZATION'S CHARITABLE PURPOSE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,052,502 | $1,532,664 | +0.3% |
| Expenses | $1,879,155 | $1,531,988 | +0.2% |
| Net Income | $173,347 | $676 | +255.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES PERVIER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES LOVETT | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VINCENT CLOUTIER | President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALFRED MORIN JR | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| WENDY BEAUVAIS | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE MARIE JETTE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ARNOLD ARSENAULT | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BEFFORD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,052,502 | $1,879,155 | $1,917,180 | $173,347 |
| 2024 | $1,532,664 | $1,531,988 | $1,830,985 | $676 |
| 2023 | $1,583,639 | $1,511,202 | $1,684,576 | $72,437 |
| 2022 | $1,480,267 | $1,298,495 | $1,508,947 | $181,772 |
| 2021 | $1,264,318 | $1,185,428 | $1,472,506 | $78,890 |
| 2020 | $1,397,790 | $1,206,704 | $1,324,176 | $191,086 |
| 2019 | $1,085,882 | $1,085,226 | $1,158,583 | $656 |
Compare SPENCER RESCUE & EMERGENCY SQUAD INC with other nonprofits in Massachusetts and across the country.