PHILIPSTOWN VOLUNTEER AMBULANCE CORP INC

EIN: 146038446 501(c)(3) Health Care

COLD SPRING, NY

Total Revenue
$657,813
Total Expenses
$622,351
Total Assets
$486,822
Net Assets
$486,822
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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
1965
Legal Domicile
NY
Principal Officer
CHRISTOPHER TOBIN
Phone
8452652103
Tax Period
2023-07-01 to 2024-06-30

PHILIPSTOWN VOLUNTEER AMBULANCE CORP INC, founded in 1965, is a small nonprofit in the Health Care sector that reported $658K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $622K left a modest 5% surplus.

Mission

TO PROVIDE AMBULANCE SERVICES TO THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $591,524 Revenue: $178,510

PROVIDE EMERGENCY AND OTHER TRANSPORTATION SERVICES FOR THE INVALIDS, CASUALTIES, THE SICK AND THE INFIRM. SERVICES ARE PROVIDED BY PAID PERSONNEL AND BY VOLUNTEERS WHO MAINTAIN THE AMBULANCE AND THE...

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PROVIDE EMERGENCY AND OTHER TRANSPORTATION SERVICES FOR THE INVALIDS, CASUALTIES, THE SICK AND THE INFIRM. SERVICES ARE PROVIDED BY PAID PERSONNEL AND BY VOLUNTEERS WHO MAINTAIN THE AMBULANCE AND THE EQUIPMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $476,005
Program Service Revenue $178,510
Investment Income $7
Other Revenue $3,291
TOTAL REVENUE $657,813

Expense Breakdown

Grants Paid $1,115
Salaries & Benefits $402,679
Fundraising Expenses $0
Program Expenses $591,524
Other Expenses $218,557
TOTAL EXPENSES $622,351

Year-over-Year Comparison

2023 2022 Change
Revenue $657,813 $563,288 +0.2%
Expenses $622,351 $682,286 -0.1%
Net Income $35,462 $-118,998 -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

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Governance

Voting Members
5
Independent Members
5
Employees
29
Volunteers
20

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
8
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER TOBIN PRESIDENT N/A
Officer Director
$0 $0 $0
JOHN EGGER VP/BLDG MAN/ N/A
Officer Director
$0 $0 $0
TINA TOBIN TREASURER N/A
Officer Director
$0 $0 $0
NICK FALCONE SECRETARY/CA N/A
Officer Director
$0 $0 $0
MAYA BECK TRUSTEE N/A
Officer Director
$0 $0 $0
STEVEN SHERMAN TERM ENDED D N/A
Director
$0 $0 $0
SAL PIDALA TERM ENDED D N/A
Officer
$0 $0 $0
CHRIS SAMPLE TERM ENDED D N/A
Officer
$0 $0 $0
CORY LYONS TERM ENDED D N/A
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
2025 No data No data No data No data
2024 $657,813 $622,351 $486,822 $35,462
2023 $563,288 $682,286 $506,733 $-118,998
2022 $802,411 $668,132 $675,205 $134,279
2021 $556,541 $653,395 $573,285 $-96,854
2020 $519,866 $533,376 $632,485 $-13,510
2019 $497,699 $490,077 $505,750 $7,622
2018 $473,114 $479,360 $554,745 $-6,246
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