MIDLAND PARK AMBULANCE CORP INC

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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

1978

Legal Domicile

Phone

2014443838

Tax Period

2025-01-01 to 2025-12-31

MIDLAND PARK AMBULANCE CORP INC, founded in 1978, is a small nonprofit in the Health Care sector that reported $812K in total revenue in fiscal year 2025. Revenue surged 356% from the prior year, signaling strong growth momentum. The organization ran a surplus of $640K, a strong 79% operating margin.

Mission

The Midland Park Ambulance Corp is an all volunteer, nonprofit organization, providing professional life saving care to Midland Park and the surrounding community.

Program Service Accomplishments

Program 1

Expenses: $171,112

Community Ambulance & First Aid Squad

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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 (2025)

Revenue Breakdown

Contributions & Grants $759,472

Program Service Revenue $0

Investment Income $35,194

Other Revenue $16,900

TOTAL REVENUE $811,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,112

Other Expenses $171,112

TOTAL EXPENSES $171,112

Year-over-Year Comparison

	2025	2024	Change
Revenue	$811,566	$177,832	+3.6%
Expenses	$171,112	$165,147	+0.0%
Net Income	$640,454	$12,685	+49.5%

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

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
CATHY WARBRICK	Treasurer	2.00	Officer Director	$0	$0	$0
JOE RECTOR	CHIEF	2.00	Officer Director	$0	$0	$0
STEVEN HOLDER	1ST LT	2.00	Officer Director	$0	$0	$0
CLAUDIA MANFREDI	Secretary	2.00	Officer Director	$0	$0	$0
HEATHER VULPONE	President	2.00	Director	$0	$0	$0
GEORGE SCHMIDT	SECOND LT	2.00	Officer	$0	$0	$0
DAVE WISEMAN	SECOND VP	2.00	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
2025	$811,566	$171,112	$4,351,490	$640,454
2024	$177,832	$165,147	$3,711,036	$12,685
2023	$277,336	$172,262	$3,698,351	$105,074
2022	$141,615	$174,779	$3,593,277	$-33,164
2021	$183,474	$156,589	$3,626,441	$26,885
2020	$225,482	$126,802	$3,599,556	$98,680
2019	$119,391	$161,267	$3,500,876	$-41,876
2018	$136,372	$161,519	$3,542,752	$-25,147