EAST LYME AMBULANCE FUND INC

EIN: 061553185 501(c)(3) Health Care

NIANTIC, CT

Total Revenue
$1,389,472
Total Expenses
$1,513,825
Total Assets
$2,491,734
Net Assets
$2,428,703
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
CT
Principal Officer
DAVID BAER
Phone
8607393449
Tax Period
2024-07-01 to 2025-06-30

EAST LYME AMBULANCE FUND INC, founded in 1946, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

PROVIDE AMBULANCE SERVICE TO THE TOWN OF EAST LYME

Program Service Accomplishments

Program 1
Expenses: $1,443,082 Revenue: $1,327,395

PROVIDED AMBULANCE SERVICE BY RESPONDING TO APPROXIMATELY 2766 CALLS IN THE TOWN OF EAST LYME, AND ON INFREQUENT OCCASIONS, TO SURROUNDING TOWNS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,410
Program Service Revenue $1,282,342
Investment Income $104,587
Other Revenue $133
TOTAL REVENUE $1,389,472

Expense Breakdown

Grants Paid $109,685
Salaries & Benefits $388,199
Fundraising Expenses $0
Program Expenses $1,443,082
Other Expenses $1,015,941
TOTAL EXPENSES $1,513,825

Year-over-Year Comparison

2024 2023 Change
Revenue $1,389,472 $1,345,452 +0.0%
Expenses $1,513,825 $1,251,566 +0.2%
Net Income $-124,353 $93,886 -2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
17
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
4
$110,261
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLISON HOFFNER SECRETARY 2.00
Officer
$3,257 $0 $3,257
DAVID CABIGTING TREASURER 50.00
Officer
$92,236 $0 $92,236
MICHAEL NEBELUNG VICE PRESIDENT 10.00
Officer
$4,932 $0 $4,932
DAVID BAER PRESIDENT 10.00
Officer
$9,836 $0 $9,836
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 $1,389,472 $1,513,825 $2,491,734 $-124,353
2024 $1,345,452 $1,251,566 $2,880,300 $93,886
2023 $1,089,481 $952,567 $2,652,643 $136,914
2022 $971,121 $860,644 $2,320,154 $110,477
2021 $813,090 $782,265 $2,238,349 $30,825
2020 $811,465 $714,789 $2,277,096 $96,676
2018 $718,189 $571,378 $1,737,879 $146,811
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