AMBULANCE COMMITTEE OF THE MORICHE… - 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

1929

Legal Domicile

Principal Officer

MICHAEL TORTORICE

Phone

6318784230

Tax Period

2024-01-01 to 2024-12-31

AMBULANCE COMMITTEE OF THE MORICHES INC, founded in 1929, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 13% surplus.

Mission

PROVIDE EMERGENCY AMBULANCE SERVICE TO THE COMMUNITY OF EAST MORICHES, NY, PARTS OF EASTPORT, LOCATED IN THE TOWN OF BROOKHAVEN NY, AND PARTS OF MANORVILLE, NY.

Program Service Accomplishments

Program 1

PROVIDE EMERGENCY AMBULANCE SERVICE TO THE COMMUNITY OF EAST MORICHES, NY,PARTS OF EASTPORT, LOCATED IN THE TOWN OF BROOKHAVEN NY, AND PARTS OF MANORVILLE, NY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,333,400

Program Service Revenue $0

Investment Income $24,435

Other Revenue $0

TOTAL REVENUE $1,357,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $612,761

Fundraising Expenses $2,586

Other Expenses $566,411

TOTAL EXPENSES $1,179,172

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,357,835	$1,089,592	+0.2%
Expenses	$1,179,172	$1,042,249	+0.1%
Net Income	$178,663	$47,343	+2.8%

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

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
SUZETTE CIMINELLI	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
SHARON GILBERT	TREASURER	10.00	Officer Director	$0	$0	$0
RYAN O'REILY	CHIEF OF OPE	10.00	Officer Director	$0	$0	$0
ANNETTE REEVE	SECRETARY	10.00	Officer Director	$0	$0	$0
MICHAEL TORTORICE	PRESIDENT	15.00	Officer Director	$0	$0	$0
BARRY VICIK	1ST ASSISTAN	10.00	Officer 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	$1,357,835	$1,179,172	$1,527,302	$178,663
2023	$1,089,592	$1,042,249	$1,393,908	$47,343
2022	$1,035,643	$955,002	$1,228,729	$80,641
2021	$1,057,446	$1,032,683	$1,220,144	$24,763

AMBULANCE COMMITTEE OF THE MORICHES INC