WEST SHORE ADVANCED LIFE SUPPORT SERVICES INC (EIN 232463002) - 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

1982

Legal Domicile

Principal Officer

TERRY GILLILAND MD

Phone

5702716624

Tax Period

2024-01-01 to 2024-12-31

WEST SHORE ADVANCED LIFE SUPPORT SERVICES INC, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $14.3M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $16.5M exceeded revenue, resulting in a 15% operating deficit.

Mission

STRIVE TO MAKE BETTER HEALTH EASIER BY PROVIDING ACCESS TO AFFORDABLE, HIGH QUALITY HEALTH SERVICES THROUGH EQUITABLE, INNOVATIVE, AND INCLUSIVE CARE MODELS THAT SUPPORT PATIENT CARE, EDUCATION, RESEARCH, AND COMMUNITY SERVICE.

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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 $11,891

Program Service Revenue $14,247,458

Investment Income $78,941

Other Revenue $10,950

TOTAL REVENUE $14,349,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,249,114

Fundraising Expenses $0

Program Expenses $15,778,373

Other Expenses $6,255,769

TOTAL EXPENSES $16,504,883

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,349,240	$8,920,227	+0.6%
Expenses	$16,504,883	$14,722,012	+0.1%
Net Income	$-2,155,643	$-5,801,785	-0.6%

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

182

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

$21,834,234

Total Directors

$19,486,734

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAEWON RYU MD JD	PRESIDENT, DIRECTOR	0.0	Officer Director	$0	$5,867,423	$14,295,895
TERRY GILLILAND MD	PRESIDENT, DIRECTOR	0.0	Officer Director	$0	$867,580	$3,217,500
KEVIN V ROBERTS MBA CPA	EVP, CFO, TREASURER	0.0	Officer	$0	$66,232	$2,751,325
STEVEN B BENDER ESQ	EVP, CLO, SECRETARY	0.0	Officer	$0	$244,367	$1,150,182
RONALD BEER MHA FACHE	INTERIM COO	0.0	Director	$0	$116,292	$992,327
GERALD V MALONEY DO	DIRECTOR	0.0	Director	$0	$133,826	$969,196
LORI R GRAMLEY ESQ	ACLO, ASSISTANT SECRETARY	0.0	Officer	$0	$52,253	$419,332
PAUL N CHRISTOPHEL	EXECUTIVE DIRECTOR, GROUND EMS	40.0	Highest	$157,920	$49,263	$207,183
RONALD REDMOND	PARAMEDIC	40.0	Highest	$140,567	$34,017	$174,584
CHRISTOPHER GARDNER	PARAMEDIC	40.0	Highest	$123,888	$19,731	$143,619
GEORGE M KOST	PARAMEDIC	40.0	Highest	$114,742	$6,231	$120,973
MATTHEW WALSH	DIRECTOR	0.0	Director	$0	$2,890	$11,816
BENJAMIN K CHU MDMPHMACP	DIRECTOR	0.25	Director	$0	$0	$0
V CHRIS HOLCOMBE PE	VICE CHAIR, DIRECTOR	0.25	Director	$0	$0	$0
VIRGINIA MCGREGOR	DIRECTOR	0.25	Director	$0	$0	$0
JEFFREY A JACOBSON	CHAIR, DIRECTOR	0.25	Director	$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	$14,349,240	$16,504,883	$8,207,790	$-2,155,643
2023	$8,920,227	$14,722,012	$4,281,157	$-5,801,785
2022	$7,501,655	$12,612,086	$2,332,898	$-5,110,431
2021	$9,316,845	$13,404,445	$5,677,259	$-4,087,600
2020	$8,075,323	$11,097,424	$4,322,836	$-3,022,101
2020	$18,429,756	$24,633,926	$4,924,825	$-6,204,170
2019	$17,925,974	$22,849,842	$4,397,656	$-4,923,868
2018	$15,932,166	$17,520,619	$4,186,402	$-1,588,453

WEST SHORE ADVANCED LIFE SUPPORT SERVICES INC