WESTWOOD VOLUNTEER AMBULANCE CORP (EIN 226275240) - 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

1976

Legal Domicile

Principal Officer

RUSH SHERMAN

Phone

2016649531

Tax Period

2024-01-01 to 2024-12-31

WESTWOOD VOLUNTEER AMBULANCE CORP, founded in 1976, is a micro nonprofit that reported $96K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $24K, a strong 25% operating margin.

Mission

VOLUNTEER FIRST AID TRAINING AND AMBULANCE SERVICE TO THE LOCAL COMMUNITY

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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 $49,298

Program Service Revenue $0

Investment Income $9,625

Other Revenue $37,374

TOTAL REVENUE $96,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,423

Other Expenses $72,423

TOTAL EXPENSES $72,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,297	$107,975	-0.1%
Expenses	$72,423	$39,099	+0.9%
Net Income	$23,874	$68,876	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARD SHERIDAN	TREASURER	5.00	Officer	$0	$0	$0
JON ANDRESEN	PRESIDENT	5.00	Officer	$0	$0	$0
DAN OLIVER	TRUSTEE	5.00	Officer	$0	$0	$0
KALI SPOELSTRA	TRUSTEE	5.00	Officer	$0	$0	$0
KRIS RASMUSSEN	2ND LIEUTENANT/TRUSTEE	5.00	Officer	$0	$0	$0
BONNIE COSTELLO	SECRETARY	5.00	Officer	$0	$0	$0
MATT FOLEY	TRUSTEE CHAIRPERSON	5.00	Officer	$0	$0	$0
ANTHONY PETRUCCELLI	VICE PRESIDENT	5.00	Officer	$0	$0	$0
RUSH SHERMAN	CAPTAIN	5.00	Officer	$0	$0	$0
NICOLE DEJOIE	1ST LIEUTENANT	5.00	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	$96,297	$72,423	$299,473	$23,874
2023	$107,975	$39,099	$267,156	$68,876
2022	$143,150	$344,939	$189,582	$-201,789
2021	$96,753	$52,703	$457,283	$44,050
2020	$61,494	$61,518	$411,966	$-24
2019	$93,088	$77,754	$393,229	$15,334
2018	$77,918	$101,738	$351,501	$-23,820

WESTWOOD VOLUNTEER AMBULANCE CORP