BEACON VOLUNTEER AMBULANCE CORPS INC

EIN: 237089805 501(c)(3) Health Care

BEACON, NY

Total Revenue
$1,381,769
Total Expenses
$1,272,891
Total Assets
$2,023,591
Net Assets
$2,023,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NY
Principal Officer
PAUL OSTROVSKY
Phone
8458314540
Tax Period
2024-04-01 to 2025-03-31

BEACON VOLUNTEER AMBULANCE CORPS INC, founded in 1959, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 8% surplus.

Mission

BEACON VOLUNTEER AMBULANCE CORPS, INC. IS A 501(C)(3) NON-PROFIT ORGANIZATION PROVIDING ADVANCED AND BASIC LIFE SUPPORT AMBULANCE SERVICES TO BEACON, NY AND ITS NEIGHBORING COMMUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,571
Program Service Revenue $1,146,235
Investment Income $75,847
Other Revenue $60,116
TOTAL REVENUE $1,381,769

Expense Breakdown

Grants Paid $0
Salaries & Benefits $701,357
Fundraising Expenses $12,258
Program Expenses $1,192,546
Other Expenses $571,534
TOTAL EXPENSES $1,272,891

Year-over-Year Comparison

2024 2023 Change
Revenue $1,381,769 $1,187,774 +0.2%
Expenses $1,272,891 $967,234 +0.3%
Net Income $108,878 $220,540 -0.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
25
Volunteers
23

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
6
$0
Total Directors
9
$81,385
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL OSTROVSKY PRESIDENT 18.00
Officer Director
$0 $0 $0
PIERO GIANGRASSO VICE PRESIDE 8.00
Officer Director
$0 $0 $0
MARC KEARNEY SECRETARY 10.00
Officer Director
$0 $0 $0
JENNIE DILUVIO TREASURER 20.00
Officer Director
$0 $0 $0
NICHOLAS SCARCHILLI CHIEF OF OPE 5.00
Officer Director
$0 $0 $0
PHILIP DINAN DIRECTOR 10.00
Director
$0 $0 $0
JACOB WEINTRAUB RESIGNED 12/ 5.00
Director
$0 $0 $0
MICHAEL ZINGONE EXECUTIVE DI 40.00
Director
$77,210 $4,175 $81,385
JOHN COPPOLA DIRECTOR 10.00
Officer 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
2025 $1,381,769 $1,272,891 $2,023,591 $108,878
2024 $1,187,774 $967,234 $1,911,495 $220,540
2023 $806,595 $846,371 $1,633,884 $-39,776
2022 $716,190 $625,816 $1,706,524 $90,374
2021 $596,442 $527,152 $1,615,263 $69,290
2020 $648,945 $615,162 $1,465,491 $33,783
2019 $576,509 $566,660 $1,444,572 $9,849
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