LODI VOLUNTEER AMBULANCE RESCUE SQUAD INC

EIN: 226056875 501(c)(3) Public Safety

LODI, NJ

Total Revenue
$449,326
Total Expenses
$662,364
Total Assets
$311,667
Net Assets
$306,909
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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
1978
Legal Domicile
NJ
Principal Officer
JOSEPH TAOMINA
Phone
9735461069
Tax Period
2023-01-01 to 2023-12-31

LODI VOLUNTEER AMBULANCE RESCUE SQUAD INC, founded in 1978, is a small nonprofit in the Public Safety sector that reported $449K in total revenue in fiscal year 2023. Expenses of $662K exceeded revenue, resulting in a 47% operating deficit.

Mission

TO PROVIDE MEDICAL ASSISTANCE AND TRANSPORTATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,772
Program Service Revenue $411,447
Investment Income $12,107
Other Revenue $0
TOTAL REVENUE $449,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $394,700
Fundraising Expenses $4,448
Program Expenses $600,145
Other Expenses $267,664
TOTAL EXPENSES $662,364

Year-over-Year Comparison

2023 2022 Change
Revenue $449,326 $456,261 0.0%
Expenses $662,364 $749,388 -0.1%
Net Income $-213,038 $-293,127 -0.3%
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
9
Independent Members
6
Employees
17
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
4
$12,200
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD FLEISCHER SECRETARY 020.00
Officer
$6,200 $0 $6,200
JOSEPH TAORMINA TREASURER 020.00
Officer
$6,000 $0 $6,000
MICHAEL INTERDONATO BOARD MEMBER N/A
Director
$0 $0 $0
VINCENT PECORARO BOARD MEMBER N/A
Director
$0 $0 $0
JOANN TAORMINA BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL BARKLEY BOARD MEMBER N/A
Director
$0 $0 $0
AUGUST DEFALCO BOARD MEMBER N/A
Director
$0 $0 $0
WILLIAM DEMARCO VICE CHAIRMAN N/A
Officer
$0 $0 $0
DAVID LUCAS CHAIRMAN N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $449,326 $662,364 $311,667 $-213,038
2022 $456,261 $749,388 $525,717 $-293,127
2021 $533,760 $654,133 $817,128 $-120,373
2020 $518,350 $707,028 $941,164 $-188,678
2019 $590,023 $721,672 $1,131,292 $-131,649
2018 $571,401 $639,738 $1,263,599 $-68,337
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