Corona Community Ambulance Corps Inc (EIN 113214382) - 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

1960

Legal Domicile

Phone

7185927964

Tax Period

2023-01-01 to 2023-12-31

Corona Community Ambulance Corps Inc, founded in 1960, is a micro nonprofit in the Public Safety sector that reported $34K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 83% operating deficit.

Mission

Community Volunteer Ambulance

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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 $10,000

Program Service Revenue $23,568

Investment Income $0

Other Revenue $0

TOTAL REVENUE $33,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,384

Other Expenses $61,384

TOTAL EXPENSES $61,384

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,568	$188,146	-0.8%
Expenses	$61,384	$82,503	-0.3%
Net Income	$-27,816	$105,643	-1.3%

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

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
Albert M Perna	President	40.00	Officer Director	$0	$0	$0
Edward Guida	Chairman	0.00	Officer Director	$0	$0	$0
Peter Korakasianas	Trustee	0.00	Officer Director	$0	$0	$0
George Sotrillis	Director	0.00	Director	$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	$33,568	$61,384	$653,918	$-27,816
2022	$188,146	$82,503	$681,893	$105,643
2021	$52,942	$78,423	$577,684	$-25,481
2020	$21,723	$46,353	$604,505	$-24,630
2019	$61,920	$117,988	$629,969	$-56,068
2018	$73,430	$127,853	$694,730	$-54,423

Corona Community Ambulance Corps Inc