GATES VOLUNTEER AMBULANCE SERVICE INC (EIN 166054869) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Phone

5852475119

Tax Period

2024-01-01 to 2024-12-31

GATES VOLUNTEER AMBULANCE SERVICE INC, founded in 1964, is a community nonprofit in the Health Care sector that reported $4.9M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $4.4M left a modest 10% surplus.

Mission

AMBULANCE SERVICE AND OTHER FIRST-AID SERVICES TO THE RESIDENTS OF THE TOWN OF GATES AND SPENCERPORT AND NEIGHBORING TOWNS AS NEEDED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,807,422

Program Service Revenue $3,044,979

Investment Income $18,970

Other Revenue $0

TOTAL REVENUE $4,871,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,942,903

Fundraising Expenses $0

Program Expenses $3,588,833

Other Expenses $1,463,862

TOTAL EXPENSES $4,406,765

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,871,371	$5,851,941	-0.2%
Expenses	$4,406,765	$4,373,703	+0.0%
Net Income	$464,606	$1,478,238	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JAMES GRAY	President	4.00	Officer Director	$0	$0	$0
GERALD PATTERSON	Director	4.00	Officer Director	$0	$0	$0
DOUGLAS NORQUIST	Treasurer	4.00	Officer Director	$0	$0	$0
CAROL MUEHLBAUER	Secretary	4.00	Officer Director	$0	$0	$0
DAVID QUARTLEY	Director	2.00	Director	$0	$0	$0
DONNA MELECA	Director	2.00	Director	$0	$0	$0
RICH VERDOUW	Vice President	2.00	Director	$0	$0	$0
BRUCE JONES	Director	2.00	Director	$0	$0	$0
JEFF LEUSCH	Director	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	$4,871,371	$4,406,765	$5,667,765	$464,606
2023	$5,851,941	$4,373,703	$5,520,965	$1,478,238
2022	$3,838,975	$3,753,069	$4,191,938	$85,906
2021	$3,961,012	$3,277,466	$4,809,826	$683,546
2020	$3,281,154	$3,326,494	$4,599,102	$-45,340

GATES VOLUNTEER AMBULANCE SERVICE INC