SOUTHERN MADISON COUNTY VOLUNTEER AMBULANCE CORPS INC (EIN 222753658) - 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

1986

Legal Domicile

Principal Officer

MORGAN LARSON

Phone

3157516170

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN MADISON COUNTY VOLUNTEER AMBULANCE CORPS INC, founded in 1986, is a micro nonprofit that reported $75K in total revenue in fiscal year 2024. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $154K exceeded revenue, resulting in a 106% operating deficit.

Mission

AMBULANCE SERVICES

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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 $73,736

Program Service Revenue $0

Investment Income $1,134

Other Revenue $0

TOTAL REVENUE $74,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,939

Other Expenses $152,668

TOTAL EXPENSES $153,918

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,870	$862,435	-0.9%
Expenses	$153,918	$893,453	-0.8%
Net Income	$-79,048	$-31,018	+1.5%

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

N/A

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
KARL CLAUSS	DIRECTOR	2.00	Director	$0	$0	$0
MERRILL MILLER	DIRECTOR	2.00	Director	$0	$0	$0
HEATHER BERNARD	DIRECTOR	2.00	Director	$0	$0	$0
SAMANTHA MAZOR	DIRECTOR	2.00	Director	$0	$0	$0
BROOKS CATO	DIRECTOR	2.00	Director	$0	$0	$0
MORGAN LARSON	PRESIDENT	2.00	Officer	$0	$0	$0
SARAH SPARBER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
RICH HIGGINS	TREASURER	2.00	Officer	$0	$0	$0
MARGARET MILLER	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	$74,870	$153,918	$391,027	$-79,048
2023	$862,435	$893,453	$571,985	$-31,018
2022	$1,000,348	$1,037,691	$574,150	$-37,343
2021	$915,815	$775,621	$664,572	$140,194
2020	$636,371	$634,667	$465,757	$1,704
2019	$608,604	$604,930	$424,953	$3,674
2018	$625,233	$619,603	$432,840	$5,630

SOUTHERN MADISON COUNTY VOLUNTEER AMBULANCE CORPS INC