FRANKLIN LAKES VOLUNTEER AMBULANCE… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

LINDA FINNAN

Phone

9734204424

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN LAKES VOLUNTEER AMBULANCE JONATHAN BURKLUND, founded in 1967, is a small nonprofit in the Health Care sector that reported $210K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $121K, a strong 57% operating margin.

Mission

EMERGENCY FIRST AID SERVICES

Program Service Accomplishments

Program 1

Expenses: $65,451

24 HOUR VOLUNTEER EMERGENCY FIRST AID AND AMBULANCE SERVICE TO ALL RESIDENTS, TRAVELERS, AND VISITORS WITHIN THE BOROUGH OF FRANKLIN LAKES, NJ AND OTHER MUNICIPALITIES.

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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 $94,445

Program Service Revenue $0

Investment Income $115,263

Other Revenue $0

TOTAL REVENUE $209,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,214

Program Expenses $65,451

Other Expenses $89,163

TOTAL EXPENSES $89,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,708	$240,984	-0.1%
Expenses	$89,163	$347,012	-0.7%
Net Income	$120,545	$-106,028	-2.1%

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

$25,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL DI MOND	3RD LIEUTENA	2.00	Officer	$500	$0	$500
ANDREA FITZMAURICE	SECRETARY	2.00	Officer	$0	$0	$0
LINDA FINNAN	PRESIDENT	2.00	Officer	$1,625	$0	$1,625
MICHAEL O'BRIAN	CAPTAIN	2.00	Officer	$7,425	$0	$7,425
LAURIE BURNETTE	1ST LIEUTENA	2.00	Officer	$3,350	$0	$3,350
JANIE KLEINERT	2ND LIEUTENA	2.00	Officer	$500	$0	$500
PIETRO CAMMAROTA	VICE PRESIDE	2.00	Officer	$0	$0	$0
JONATHAN BURKLUND	TREASURER	2.00	Officer	$12,250	$0	$12,250

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	$209,708	$89,163	$1,262,375	$120,545
2023	$240,984	$347,012	$1,141,830	$-106,028
2022	$155,589	$176,040	$1,247,858	$-20,451
2021	$263,342	$100,775	$1,526,184	$162,567
2020	$204,850	$130,972	$1,363,617	$73,878
2019	$160,473	$67,173	$1,289,738	$93,300
2018	$147,786	$59,647	$1,029,741	$88,139

FRANKLIN LAKES VOLUNTEER AMBULANCE JONATHAN BURKLUND