TEANECK VOLUNTEER AMBULANCE CORPS

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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

1939

Legal Domicile

Principal Officer

DANIEL ACKERMAN

Phone

2018372600

Tax Period

2023-01-01 to 2023-12-31

TEANECK VOLUNTEER AMBULANCE CORPS, founded in 1939, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 17% operating margin.

Mission

TO PROVIDE THE ONLY EMERGENCY MEDICAL AMBULANCE SERVICE FOR THE TOWNSHIP OF TEANECK, NJ (LOCATED IN BERGEN COUNTY) ON A NOT-FOR-CHARGE BASIS.

Program Service Accomplishments

Program 1

Expenses: $768,286 Revenue: $3,600

WE PROVIDE THE ONLY EMERGENCY MEDICAL AMBULANCE SERVICE FOR THE TOWNSHIP OF TEANECK,NJ AS WELL AS OTHER RELATED SERVICES. THERE IS NO CHARGE FOR ANY SERVICE RENDERED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,110,119

Program Service Revenue $3,600

Investment Income $92

Other Revenue $0

TOTAL REVENUE $1,113,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $8,540

Program Expenses $768,286

Other Expenses $924,715

TOTAL EXPENSES $924,715

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,113,811	$429,928	+1.6%
Expenses	$924,715	$449,992	+1.1%
Net Income	$189,096	$-20,064	-10.4%

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

150

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
DANIEL SENTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIYAHU COOPER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DEIRDRE COLASUONO	TRUSTEE	1.00	Officer Director	$0	$0	$0
DANNY ACKERMAN	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC M ORGEN	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSEPH HARRIS	TRUSTEE	1.00	Officer Director	$0	$0	$0
ISREAL INFIELD	TRUSTEE-BEG	1.00	Officer Director	$0	$0	$0
JARED KRAMER	TRUSTEE-END	1.00	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
2023	$1,113,811	$924,715	$834,430	$189,096
2022	$429,928	$449,992	$646,526	$-20,064
2021	$373,751	$370,317	$666,949	$3,434
2020	$771,565	$435,621	$662,386	$335,944
2019	$263,931	$282,742	$327,366	$-18,811
2018	$384,462	$385,844	$346,029	$-1,382