STAT MEDICAL TRANSPORT 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

1983

Legal Domicile

Principal Officer

BRIAN SWEENEY RN MBA FACHE

Phone

8566615100

Tax Period

2020-07-01 to 2021-06-30

Mission

PRIOR TO CEASING OPERATIONS, STAT MEDICAL TRANSPORT, INC. PROVIDED QUALITY AMBULANCE AND MEDICAL TRANSPORT SERVICES TO ASSIST IN THE TRANSPORTATION OF THE ILL, INJURED AND THE INFIRM AND TO PROVIDE AID IN TIMES OF DISASTER.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

EXPENSES INCURRED IN PROVIDING SAFE, AFFORDABLE AND COMFORTABLE NON-EMERGENT MEDICAL TRANSPORTATION TO RESIDENTS THROUGHOUT SOUTHERN NEW JERSEY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$2,984,662	-1.0%
Expenses	N/A	$3,908,254	-1.0%
Net Income	N/A	$-923,592	N/A

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

Total Directors

$367,838

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN GRAHAM	TRUSTEE	55.0	Director	$0	$16,196	$367,838
RONALD FORSYTH BS EMT CACO	FORMER KEY EMPLOYEE	0.0		$0	$23,586	$163,145
BRUCE J PAPARONE	CHAIRMAN - TRUSTEE	5.0	Director	$0	$0	$0
JOSEPH A MARESSA JR ESQ	VICE CHAIRMAN - TRUSTEE	5.0	Director	$0	$0	$0
BRIAN SWEENEY RN MBA FACHE	TRUSTEE	55.0	Director	$0	$0	$0
ALEXANDER D SHARNOFF ESQ	SECRETARY	55.0	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
2021	No data	No data	No data	No data
2020	$2,984,662	$3,908,254	$120,767	$-923,592
2019	$5,235,641	$5,529,622	$6,409,896	$-293,981