Hanover Township Community Ambulance Association Inc (EIN 232716811) - 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

1993

Legal Domicile

Principal Officer

Frank D Rinkevich D Rinkevich

Phone

5708251266

Tax Period

2024-01-01 to 2024-12-31

Hanover Township Community Ambulance Association Inc, founded in 1993, is a community nonprofit in the Health Care sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

The Association provides residents of their communities with medical transportation and emergency care.

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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 $15,000

Program Service Revenue $2,050,358

Investment Income $12,200

Other Revenue $0

TOTAL REVENUE $2,077,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,435,642

Fundraising Expenses $10,526

Program Expenses $1,937,596

Other Expenses $573,879

TOTAL EXPENSES $2,016,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,077,558	$1,876,742	+0.1%
Expenses	$2,016,567	$1,989,812	+0.0%
Net Income	$60,991	$-113,070	-1.5%

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

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

$11,940

Total Directors

$11,940

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Rinkevich	Financial Secretary	008.00	Officer Director	$10,140	$0	$10,140
Robert Osburne	Sec/Treasurer	001.00	Officer Director	$1,800	$0	$1,800
Keith Eichler	President	001.00	Officer Director	$0	$0	$0
Jack Wilkins	Vice-President	001.00	Officer Director	$0	$0	$0
David Shipula	Director	001.00	Director	$0	$0	$0
Raymond Eichler	Director	001.00	Director	$0	$0	$0
John Sipper	Director	001.00	Director	$0	$0	$0
James Fitzmaurice	Director	001.00	Director	$0	$0	$0
Tom Landon	Director	001.00	Director	$0	$0	$0
Joan Considine	Director	001.00	Director	$0	$0	$0
Marge Baker	Director	001.00	Director	$0	$0	$0
Carl Bienias	Director	001.00	Director	$0	$0	$0
Elaine Halesey	Director	001.00	Director	$0	$0	$0
Robert Burns	Director	001.00	Director	$0	$0	$0
Paul Halesey	Director	001.00	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	$2,077,558	$2,016,567	$2,098,937	$60,991
2023	$1,876,742	$1,989,812	$2,092,141	$-113,070
2022	$1,744,427	$1,913,285	$2,199,886	$-168,858
2021	$2,191,487	$1,597,395	$2,186,479	$594,092
2020	$1,516,180	$1,496,286	$1,835,875	$19,894

Hanover Township Community Ambulance Association Inc