GREENPORT RESCUE SQUAD INC

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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

1968

Legal Domicile

Principal Officer

ANTONIO MERANTE

Phone

5188228511

Tax Period

2024-01-01 to 2024-12-31

GREENPORT RESCUE SQUAD INC, founded in 1968, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

GREENPORT RESCUE SQUAD, INC. PROVIDES AMBULANCE TRANSPORTATION AND EMERGENCY SERVICES IN CASE OF ACCIDENTS, PUBLIC CALAMITIES, OR OTHER EMERGENCIES IN CONNECTION WITH WHICH THEIR SERVICES MAY BE REQUIRED.

Program Service Accomplishments

Program 1

Expenses: $2,759,054 Revenue: $3,056,322

THE PROGRAM SERVICE CONSISTS OF RENDERING AMBULANCE TRANSPORTATION AND EMERGENCY SERVICES IN CASE OF ACCIDENTS, PUBLIC CALAMITIES OR OTHER EMERGENCIES IN CONNECTION WITH WHICH ITS SERVICES MAY BE...

THE PROGRAM SERVICE CONSISTS OF RENDERING AMBULANCE TRANSPORTATION AND EMERGENCY SERVICES IN CASE OF ACCIDENTS, PUBLIC CALAMITIES OR OTHER EMERGENCIES IN CONNECTION WITH WHICH ITS SERVICES MAY BE REQUIRED, WITH OVER 6,000 CALLS FROM THE COMMUNITY EACH YEAR, IN ADDITION TO TRAINING THE PUBLIC ON CERTAIN EMERGENCY MEDICAL PROCEDURES SUCH AS CPR AND RAISING AWARENESS TO IDENTIFYING MEDICAL EMERGENCIES.

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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 $12,150

Program Service Revenue $3,039,219

Investment Income $21,718

Other Revenue $3,037

TOTAL REVENUE $3,076,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,636,772

Fundraising Expenses $0

Program Expenses $2,759,054

Other Expenses $744,573

TOTAL EXPENSES $3,381,345

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,076,124	$2,822,632	+0.1%
Expenses	$3,381,345	$3,053,974	+0.1%
Net Income	$-305,221	$-231,342	+0.3%

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

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

$218,571

Total Directors

$237,548

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTONIO MERANTE JR	DIRECTOR	0.50	Director	$18,977	$0	$18,977
RICHARD FRANCESCHI JR	VICE PRESIDENT	30.00	Officer Director	$58,324	$0	$58,324
MICHAEL COZZOLINO	SECRETARY/TREASURER	30.00	Officer Director	$58,324	$0	$58,324
YURI A STIPPA MD	MEDICAL DIRECTOR	5.00	Officer Director	$35,000	$0	$35,000
JOHN ONFRYCHUK JR	PRESIDENT	30.00	Officer Director	$0	$0	$0
CHERYL PROCHERA	DIRECTOR	0.50	Director	$0	$0	$0
KELLY SCHERMERHORN	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS PIERRO	DIRECTOR	0.50	Director	$0	$0	$0
DAWN OLSON	DIRECTOR	0.50	Director	$0	$0	$0
MARIA OSTRANDER	DIRECTOR	0.50	Director	$0	$0	$0
JAMES WARFIELD	DIRECTOR	0.50	Director	$0	$0	$0
PJ KEELER	DIRECTOR	0.50	Director	$0	$0	$0
JIM BRISCOE	DIRECTOR	0.50	Director	$0	$0	$0
AIDAN O'CONNOR	EXECUTIVE DIRECTOR	30.00	Officer Director	$66,923	$0	$66,923

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	$3,076,124	$3,381,345	$1,877,010	$-305,221
2023	$2,822,632	$3,053,974	$2,183,602	$-231,342
2022	$2,823,378	$2,769,894	$2,332,980	$53,484
2021	$2,806,133	$2,579,941	$2,345,592	$226,192
2020	$2,464,192	$2,552,614	$2,077,191	$-88,422
2019	$2,895,818	$2,639,467	$2,415,261	$256,351
2018	$2,774,743	$2,648,677	$2,159,388	$126,066