DURHAM VOLUNTEER AMBULANCE CORPS INC (EIN 066045279) - 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

1952

Legal Domicile

Principal Officer

LOUIS BROCKETT

Phone

8603498366

Tax Period

2021-07-01 to 2022-06-30

DURHAM VOLUNTEER AMBULANCE CORPS INC, founded in 1952, is a small nonprofit that reported $115K in total revenue in fiscal year 2021. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $172K exceeded revenue, resulting in a 50% operating deficit.

Mission

THE PURPOSE OF THE DURHAM VOLUNTEER AMBULANCE CORPS, INC. IS TO PROVIDE EMERGENCY MEDICAL SERVICES FOR THE SICK AND INJURED AND TO ENHANCE PUBLIC AWARENESS OF THE EMERGENCY MEDICAL SERVICES SYSTEM WITHIN THE TOWN OF DURHAM.

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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 (2021)

Revenue Breakdown

Contributions & Grants $119

Program Service Revenue $114,995

Investment Income $0

Other Revenue $0

TOTAL REVENUE $115,114

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,900

Fundraising Expenses $0

Program Expenses $162,740

Other Expenses $62,222

TOTAL EXPENSES $172,122

Year-over-Year Comparison

	2021	2020	Change
Revenue	$115,114	$196,787	-0.4%
Expenses	$172,122	$245,154	-0.3%
Net Income	$-57,008	$-48,367	+0.2%

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

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

$19,863

Total Directors

$19,863

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUELINE STANNARD	TREASURER	10.00	Officer Director	$5,570	$0	$5,570
LOUIS BROCKETT	CHIEF/EMT/PR	16.00	Officer Director	$5,436	$0	$5,436
ANDREW BELLAMAR	DEP CHIEF/EM	5.00	Officer Director	$5,072	$0	$5,072
JUSTIN SAKS	ASST CHIEF/E	7.00	Officer Director	$3,785	$0	$3,785

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	$115,114	$172,122	No data	$-57,008
2021	$196,787	$245,154	$61,825	$-48,367
2020	$172,763	$160,972	$107,961	$11,791
2019	$196,979	$194,126	$106,296	$2,853
2018	$221,677	$214,243	$102,845	$7,434

DURHAM VOLUNTEER AMBULANCE CORPS INC