SOUTHBURY AMBULANCE ASSOCIATION INC (EIN 061237197) - 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

1976

Legal Domicile

Principal Officer

GERALYN HOYT

Phone

2032628082

Tax Period

2023-01-01 to 2023-12-31

SOUTHBURY AMBULANCE ASSOCIATION INC, founded in 1976, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE SOUTHBURY AMBULANCE ASSOCIATION, INC. PROVIDES AMBULANCE SERVICE TO THE TOWN OF SOUTHBURY, CONNECTICUT. THE ORGANIZATION IS FUNDED BY COMMUNITY DONATIONS, REIMBURSEMENTS FROM INSURANCE COMPANIES AND INVESTMENT INCOME.

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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 $94,781

Program Service Revenue $1,378,078

Investment Income $2,056

Other Revenue $1,329

TOTAL REVENUE $1,476,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,079

Fundraising Expenses $5,401

Program Expenses $1,561,330

Other Expenses $1,616,849

TOTAL EXPENSES $1,658,928

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,476,244	$1,283,149	+0.2%
Expenses	$1,658,928	$1,352,664	+0.2%
Net Income	$-182,684	$-69,515	+1.6%

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

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

$10,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BURTON CIEPLY	VICE PRESIDENT	25.00	Officer	$2,100	$0	$2,100
GERALYN HOYT	PRESIDENT	35.00	Officer	$2,000	$0	$2,000
SUZANNE VETTER	PERSONNEL	35.00	Officer	$2,000	$0	$2,000
MEGAN POSEY	EDUCATION	25.00	Officer	$2,000	$0	$2,000
LINDA BAKER	TREAS/SECT	35.00	Officer	$2,000	$0	$2,000

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,476,244	$1,658,928	$1,748,147	$-182,684
2022	$1,283,149	$1,352,664	$1,970,723	$-69,515
2021	$1,236,671	$1,252,047	$2,094,116	$-15,376
2020	$1,273,860	$1,222,476	$2,173,756	$51,384
2019	$1,223,978	$1,199,239	$2,169,770	$24,739
2018	$1,178,989	$1,071,097	$2,198,954	$107,892

SOUTHBURY AMBULANCE ASSOCIATION INC