PARK SLOPE VOLUNTEER AMBULANCE COR… - Form 990 Financial Data

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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

1992

Legal Domicile

Phone

7183984500

Tax Period

2023-01-01 to 2023-12-31

PARK SLOPE VOLUNTEER AMBULANCE CORPS INC, founded in 1992, is a small nonprofit in the Health Care sector that reported $258K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $285K exceeded revenue, resulting in a 10% operating deficit.

Mission

EMERGENCY MEDICAL CARE AND AMBULANCE SERVICE

Program Service Accomplishments

Program 1

Expenses: $195,694

PARK SLOPE VOLUNTEER AMBULANCE CORP PROVIDES EMERGENCY MEDICAL CARE AND AMBULANCE SERVICES. THE ORGANIZATION IS AVAILABLE FOR FIRST AID AND BLOOD PRESSURE SCREENING AT LOCAL STREET AFFAIRS AND...

PARK SLOPE VOLUNTEER AMBULANCE CORP PROVIDES EMERGENCY MEDICAL CARE AND AMBULANCE SERVICES. THE ORGANIZATION IS AVAILABLE FOR FIRST AID AND BLOOD PRESSURE SCREENING AT LOCAL STREET AFFAIRS AND ATHLETIC AFFAIRS.

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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 $41,814

Program Service Revenue $216,642

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,694

Other Expenses $285,376

TOTAL EXPENSES $285,376

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,456	$397,041	-0.3%
Expenses	$285,376	$378,565	-0.2%
Net Income	$-26,920	$18,476	-2.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS GRECO	President	5.00	Officer	$0	$0	$0
DAVID LITTLE	BOARD MEMBER	5.00	Officer	$0	$0	$0
JESSICA VAN VOORHEES	MED. DIRECTOR	5.00	Officer	$0	$0	$0
BOB SILBERBERG	BOARD MEMBER	5.00	Officer	$0	$0	$0
ROSEMARIE TOMASSETTI	BOARD MEMBER	5.00	Officer	$0	$0	$0
SAM BARIS	Secretary	5.00	Officer	$0	$0	$0
ROBERT AMATO	BOARD MEMBER	5.00	Officer	$0	$0	$0
STEVE GLASS	BOARD MEMBER	5.00	Officer	$0	$0	$0
MELISSA CROCKER	COO	5.00	Officer	$0	$0	$0
SCOTT HEFLER	Treasurer	5.00	Officer	$0	$0	$0
JUDY LOUIE	CHIEF OF ADMIN	5.00	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	No data	No data	No data	No data
2023	$258,456	$285,376	$586,822	$-26,920
2022	$397,041	$378,565	$627,184	$18,476
2021	$595,663	$477,337	$686,690	$118,326
2019	$484,544	$511,350	$613,124	$-26,806
2018	$376,594	$449,693	$318,676	$-73,099

PARK SLOPE VOLUNTEER AMBULANCE CORPS INC