Mineola Volunteer Ambulance Corps Inc (EIN 112465007) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Phone

5162480141

Tax Period

2024-01-01 to 2024-12-31

Mineola Volunteer Ambulance Corps Inc, founded in 1979, is a small nonprofit in the Health Care sector that reported $459K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $626K exceeded revenue, resulting in a 36% operating deficit.

Mission

Mineola Volunteer Ambulance Corps, Inc. provides first aid, rescue and emergency medical service to the residents of the Incorporated Village of Mineola and neighboring communities as needed.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,636

Program Service Revenue $276,606

Investment Income $4,409

Other Revenue $0

TOTAL REVENUE $458,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,827

Fundraising Expenses $6,222

Program Expenses $574,666

Other Expenses $415,743

TOTAL EXPENSES $625,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$458,651	$896,536	-0.5%
Expenses	$625,570	$707,535	-0.1%
Net Income	$-166,919	$189,001	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Devaney	Commissioner	15.00	Officer	$0	$0	$0
Greg Kozlowski	Chief	15.00	Officer	$0	$0	$0
Briana Torres	Director	15.00	Officer	$0	$0	$0
Kevin Hartman	Commissioner	15.00	Officer	$0	$0	$0
Neil Velasco	Commissioner	15.00	Officer	$0	$0	$0

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	$458,651	$625,570	$582,911	$-166,919
2023	$896,536	$707,535	$764,894	$189,001
2022	$489,958	$707,566	$618,993	$-217,608
2021	$863,678	$677,001	$813,693	$186,677
2020	$728,115	$823,467	$642,207	$-95,352
2019	$618,848	$647,003	$750,776	$-28,155
2018	$613,716	$598,029	$612,884	$15,687

Mineola Volunteer Ambulance Corps Inc