Rhode Island Disaster Medical Assistance Team Inc (EIN 050507364) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

Brooke Lawrence

Phone

4013853911

Tax Period

2023-01-01 to 2023-12-31

Rhode Island Disaster Medical Assistance Team Inc, founded in 2002, is a community nonprofit in the Public Safety sector that reported $3.3M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $508K, a strong 16% operating margin.

Mission

The mission is to recruit, train, mobilize, manage and equip a volunteer corps to enhance state and local capabilities in preparing for and responding to public health and emergency response needs of Rhode Island.

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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 (2023)

Revenue Breakdown

Contributions & Grants $963,726

Program Service Revenue $2,269,177

Investment Income $38

Other Revenue $24,343

TOTAL REVENUE $3,257,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $694,074

Fundraising Expenses $0

Program Expenses $2,515,705

Other Expenses $2,055,592

TOTAL EXPENSES $2,749,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,257,284	$5,349,502	-0.4%
Expenses	$2,749,666	$2,208,222	+0.2%
Net Income	$507,618	$3,141,280	-0.8%

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

N/A

Volunteers

536

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

$226,000

Total Directors

$226,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas A Lawrence	President/Secretary	20.00	Officer Director	$0	$0	$0
Cheryl Lawrence	Treasurer	5.00	Officer Director	$0	$0	$0
Scott Marcotte	Director	1.00	Director	$0	$0	$0
Jack St Jean	Director	1.00	Director	$0	$0	$0
Kevin Ansley	Director	1.00	Director	$0	$0	$0
Brooke Lawrence	Executive Director	40.00	Officer Director	$226,000	$0	$226,000

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
2024	No data	No data	No data	No data
2023	$3,257,284	$2,749,666	$12,406,233	$507,618
2022	$5,349,502	$2,208,222	$11,843,024	$3,141,280
2021	$9,686,574	$2,488,222	$8,690,995	$7,198,352
2020	$4,510,825	$3,237,007	$1,503,737	$1,273,818
2019	$1,197,867	$1,171,055	$219,743	$26,812
2018	$689,428	$677,358	$192,932	$12,070

Rhode Island Disaster Medical Assistance Team Inc