Summit, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Summit Volunteer First Aid Squad Inc, founded in 1962, is a small nonprofit in the Health Care sector that reported $535K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Net assets of $6.8M represent 153 months of operating reserves.
THE SUMMIT VOLUNTEER FIRST AID SQUAD,INC IS AN INDEPENDENT NON-PROFIT CORPORATION. IT PROVIDES EMERGENCY MEDICAL SERVICES TO THE CITY OF SUMMIT NJ AND THE SURROUNDING AREA.
The Summit Volunteer First Aid Squad (SVFAS) is an independent, private,non-profit corporation dedicated to providing 24-hour response to 9-1-1 medical emergency calls in Summit, NJ. All services...
The Summit Volunteer First Aid Squad (SVFAS) is an independent, private,non-profit corporation dedicated to providing 24-hour response to 9-1-1 medical emergency calls in Summit, NJ. All services provided by SVFAS are free of charge, and support for the organization comes from private contributions. SVFAS is the City of Summits only emergency ambulance service, although it is not a city agency. While the Squad works closely with the citys Police and Fire departments, the city does not provide any equipment or funds for SVFAS. The SVFAS board, officers and licensed EMTs are all volunteers, and there are no paid positions. SVFAS responded to over 2,400 calls in 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $535,163 | $655,431 | -0.2% |
| Expenses | $587,748 | $540,445 | +0.1% |
| Net Income | $-52,585 | $114,986 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LEAH GRIFFITH | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM JAMES | Vice President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES RATH | Corresponding Sec | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BERNSTEIN | Treasurer | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXIS COHEN | Recording Secretary | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| MEL HARARI | Training Lieutenant | 20.00 |
Director
|
$0 | $0 | $0 |
| LAURA BENEVENTO | Chief | 20.00 |
Director
|
$0 | $0 | $0 |
| KERRY WHITCHER | Personnel Lieutenant | 20.00 |
Director
|
$0 | $0 | $0 |
| NANCY WEEKS | Board Member | 20.00 |
Director
|
$0 | $0 | $0 |
| KEVIN CAROPRESO | Board Member | 20.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MENDES | Board Member | 20.00 |
Director
|
$0 | $0 | $0 |
| JOHN CHRISTMANN | Records Lieutenant | 20.00 |
Director
|
$0 | $0 | $0 |
| JOHN BUSCAINO | Board Member | 20.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $535,163 | $587,748 | $6,840,377 | $-52,585 |
| 2023 | $655,431 | $540,446 | $6,612,212 | $114,985 |
| 2022 | $684,923 | $477,576 | $6,239,849 | $207,347 |
| 2021 | $548,681 | $510,544 | $6,371,038 | $38,137 |
| 2020 | $467,008 | $549,998 | $6,120,703 | $-82,990 |
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