RIVER EDGE VOLUNTEER AMBULANCE SER… - Form 990 Financial Data

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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

1949

Legal Domicile

Principal Officer

DONNA SANDERS

Phone

2012618094

Tax Period

2018-01-01 to 2018-12-31

RIVER EDGE VOLUNTEER AMBULANCE SERVICE INC, founded in 1949, is a micro nonprofit that reported $86K in total revenue in fiscal year 2018. Expenses of $117K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO RENDER AMBULANCE SERVICE FOR THE TRANSPORTING OF RESIDENTS OF THE BOROUGH OF RIVER EDGE IN TIMES OF SICKNESS; TO ANSWER EMERGENCY CALLS AT THE SCENES OF ACCIDENTS; TO RENDER SUCH SERVICE TO THE PUBLIC AS WILL LESSEN SUFFERING AND HELP IN PRESERVING LIFE; TO KEEP MEMBERS AND OTHERS WELL TRAINED IN THE PRINCIPLES OF FIRST AID; TO PROMOTE THE PREVENTION OF INJURY AND SUFFERING; TO PROMOTE THE GENERAL WELFARE AND THE GOOD OF THE RESIDENTS OF THE BOROUGH OF RIVER EDGE AND ITS SURROUNDING TERRITORY.

Program Service Accomplishments

Program 1

Expenses: $96,680

PROVIDING RESIDENTS OF RIVER EDGE,NJ AND SURROUNDING TOWNS WITH EMERGENCY MEDICAL SERVICES, FIRST AID AND AMBULANCE TRANSPORTATION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $85,433

Program Service Revenue $0

Investment Income $1,050

Other Revenue $0

TOTAL REVENUE $86,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,953

Program Expenses $96,680

Other Expenses $117,152

TOTAL EXPENSES $117,152

Year-over-Year Comparison

	2018	2017	Change
Revenue	$86,483	$85,960	+0.0%
Expenses	$117,152	$117,094	+0.0%
Net Income	$-30,669	$-31,134	0.0%

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
BARBARA CAREW	BOARD MEMBER & CHAIRPERSON	2.00	Director	$0	$0	$0
MARY DAVIS	BOARD MEMBER	2.00	Director	$0	$0	$0
EILEEN O'DONNELL	BOARD MEMBER	2.00	Director	$0	$0	$0
JOELLEN SCHLOSSBERG	BOARD MEMBER	2.00	Director	$0	$0	$0
DOROTHY CALABRESE	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROL FINK	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH ZEMAITES	BOARD MEMBER	2.00	Director	$0	$0	$0
DONNA SANDERS	PRESIDENT	10.00	Officer	$0	$0	$0
CATHERINE O'DONNELL	VICE PRESIDENT	10.00	Officer	$0	$0	$0
CAROL A MILLER	TREASURER	10.00	Officer	$0	$0	$0
JOAN DALY	SECRETARY	10.00	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
2018	$86,483	$117,152	$469,531	$-30,669

RIVER EDGE VOLUNTEER AMBULANCE SERVICE INC