STRATFORD AMBULANCE ASSOCIATION (EIN 216018634) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

JOHN KEENAN JR

Phone

8567844466

Tax Period

2024-01-01 to 2024-12-31

STRATFORD AMBULANCE ASSOCIATION, founded in 1955, is a micro nonprofit in the Health Care sector that reported $27K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $46K exceeded revenue, resulting in a 68% operating deficit.

Mission

AMBULANCE SERVICES PROVIDES EMERGENCY MEDICAL TREATMENT AND TRANSPORTATION TO THE RESIDENTS OF THE BOROUGH AND SURROUNDING AREAS.

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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 $6,547

Program Service Revenue $15,624

Investment Income $5,283

Other Revenue $0

TOTAL REVENUE $27,454

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,812

Other Expenses $46,233

TOTAL EXPENSES $46,233

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,454	$175,817	-0.8%
Expenses	$46,233	$55,931	-0.2%
Net Income	$-18,779	$119,886	-1.2%

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

N/A

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
MICHAEL TOLOME	PRESIDENT	1.00	Officer	$0	$0	$0
LAUREN LAINO	VICE PRESIDE	1.00	Officer	$0	$0	$0
ROBIN SARLO	TREASURER	3.00	Officer	$0	$0	$0
JOHN KEENAN JR	SECRETARY	2.00	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
2024	$27,454	$46,233	$211,803	$-18,779
2023	$175,817	$55,931	$230,582	$119,886
2021	$268,577	$356,774	$186,346	$-88,197
2020	$303,243	$343,725	$274,543	$-40,482

STRATFORD AMBULANCE ASSOCIATION