POTSDAM VOLUNTEER RESCUE SQUAD INC

EIN: 166051465 501(c)(3) Public Safety

POTSDAM, NY

Total Revenue
$905,858
Total Expenses
$949,354
Total Assets
$3,270,387
Net Assets
$3,009,308
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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
1955
Legal Domicile
NY
Principal Officer
CHARLES MERRIMAN
Phone
3152652550
Tax Period
2022-10-01 to 2023-09-30

POTSDAM VOLUNTEER RESCUE SQUAD INC, founded in 1955, is a small nonprofit in the Public Safety sector that reported $906K in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. Net assets of $3.0M represent 40 months of operating reserves.

Mission

EMERGENCY CARE AND ASSISTANCE TO SICK AND INJURED PERSONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $10,397
Program Service Revenue $747,271
Investment Income $23,740
Other Revenue $124,450
TOTAL REVENUE $905,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,806
Fundraising Expenses $0
Program Expenses $827,489
Other Expenses $912,548
TOTAL EXPENSES $949,354

Year-over-Year Comparison

2022 2021 Change
Revenue $905,858 $1,337,919 -0.3%
Expenses $949,354 $933,694 +0.0%
Net Income $-43,496 $404,225 -1.1%
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
11
Independent Members
11
Employees
1
Volunteers
55

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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES MERRIMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
JONATHAN MITCHELL IMMEDIATE PAST PRESIDENT 2.00
Director
$0 $0 $0
COREEN BOHL CHAIRMAN OF THE BOARD 2.00
Director
$0 $0 $0
DAVIDA MARTIN TREASURER 2.00
Officer Director
$0 $0 $0
CHRIS TOWLER CHIEF LINE OFFICER 2.00
Officer Director
$0 $0 $0
ROXANNE CLIFF SECRETARY 2.00
Officer Director
$0 $0 $0
DOUG BOHL 1ST ASSISTANT CHIEF 2.00
Officer Director
$0 $0 $0
CASSANDRA GRACE 2ND ASSISTANT CHIEF 2.00
Officer Director
$0 $0 $0
LARRY BURNAH 3RD ASSISTANT CHIEF 2.00
Officer Director
$0 $0 $0
JESSICA THOMPSON BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE OBER BOARD MEMBER 2.00
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 $905,858 $949,354 $3,270,387 $-43,496
2022 $1,337,919 $933,694 $3,358,173 $404,225
2021 $1,202,603 $936,753 $3,017,028 $265,850
2020 $1,037,414 $816,786 $2,856,825 $220,628
2019 $1,079,970 $659,520 $2,818,899 $420,450
2018 $796,857 $585,234 $2,580,566 $211,623
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