Penfield Volunteer Emergency Ambulance Service Inc

EIN: 237133070 501(c)(3) Health Care

Penfield, NY

Total Revenue
$5,630,350
Total Expenses
$4,805,992
Total Assets
$4,886,807
Net Assets
$3,842,663
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NY
Principal Officer
Glenn Becker
Phone
5858726060
Tax Period
2024-01-01 to 2024-12-31

Penfield Volunteer Emergency Ambulance Service Inc, founded in 1965, is a community nonprofit in the Health Care sector that reported $5.6M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $4.8M left a modest 15% surplus.

Mission

Provide residents of Penfield, New York (and the surrounding area) with access to emergency medical services.

Program Service Accomplishments

Program 1
Expenses: $3,694,403 Revenue: $5,047,607

For over 59 years Penfield Ambulance has answered the call of residents, workers and commuters in the town of Penfield by providing ambulance services for various emergency situations. This year, we...

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For over 59 years Penfield Ambulance has answered the call of residents, workers and commuters in the town of Penfield by providing ambulance services for various emergency situations. This year, we began providing ambulance service to the town of Webster as well. We respond to an average of more than 900 calls a month including heart and respiratory problems, motor vehicle accidents, falls, strokes, illnesses and working fires. In addition Penfield Ambulance hosts CPR/AED and first aid classes, sponsors community blood pressure clinics and participates in various community events throughout the year. In 2024, we responded to more than 11,000 calls in the towns of Penfield and Webster.

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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 $413,174
Program Service Revenue $5,033,573
Investment Income $169,569
Other Revenue $14,034
TOTAL REVENUE $5,630,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,008,542
Fundraising Expenses $17,101
Program Expenses $3,694,403
Other Expenses $1,797,450
TOTAL EXPENSES $4,805,992

Year-over-Year Comparison

2024 2023 Change
Revenue $5,630,350 $3,232,695 +0.7%
Expenses $4,805,992 $3,119,667 +0.5%
Net Income $824,358 $113,028 +6.3%
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
9
Independent Members
9
Employees
89
Volunteers
60

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
4
$4,399
Total Directors
9
$18,499
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christina Alexander Secretary 8.00
Officer Director
$0 $0 $0
Barbara Sforza Board Member 3.50
Director
$0 $0 $0
Pat Markovitz Board Member 3.50
Director
$6,000 $0 $6,000
Tom McCollough Board Member 3.50
Director
$2,700 $0 $2,700
Glenn Becker President 8.00
Officer Director
$4,399 $0 $4,399
Richard Jones Board Member 3.50
Director
$5,400 $0 $5,400
Clancy McMahon Vice President 8.00
Officer Director
$0 $0 $0
Hugh Franklin Treasurer 8.00
Officer Director
$0 $0 $0
Alexander Brashich Board Member 3.50
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 $5,630,350 $4,805,992 $4,886,807 $824,358
2023 $3,232,695 $3,119,667 $4,076,818 $113,028
2022 $2,838,799 $2,678,108 $3,790,698 $160,691
2021 $2,462,923 $2,852,061 $3,822,517 $-389,138
2020 $2,096,050 $2,100,504 $4,357,530 $-4,454
2019 $2,207,026 $2,102,879 $4,289,531 $104,147
2018 $1,928,600 $1,887,258 $3,835,646 $41,342
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