MICHIGAN ASSOCIATION OF AMBULANCE SERVICES (EIN 237370259) - Form 990 Financial Analysis & Trantor Score

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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

1968

Legal Domicile

Principal Officer

MARK MEIJER

Phone

5174853376

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN ASSOCIATION OF AMBULANCE SERVICES, founded in 1968, is a small nonprofit that reported $466K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE RESOURCES AND ADVOCACY FOR AMBULANCE SERVICES IN MICHIGAN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $337,763

Investment Income $9,639

Other Revenue $118,409

TOTAL REVENUE $465,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,173

Fundraising Expenses $0

Other Expenses $313,011

TOTAL EXPENSES $482,184

Year-over-Year Comparison

	2024	2023	Change
Revenue	$465,811	$316,831	+0.5%
Expenses	$482,184	$380,620	+0.3%
Net Income	$-16,373	$-63,789	-0.7%

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

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

$154,357

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCE WARYAS	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE THIEL	DIRECTOR	2.00	Director	$0	$0	$0
SHERI VERWAY	DIRECTOR	2.00	Director	$0	$0	$0
RON SLAGELL	DIRECTOR	2.00	Director	$0	$0	$0
RICK DUPON	DIRECTOR	2.00	Director	$0	$0	$0
GARY WADAGA	DIRECTOR	2.00	Director	$0	$0	$0
MATT HEFFELFINGER	DIRECTOR	2.00	Director	$0	$0	$0
DUSTIN HAWLEY	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH CUMMINGS	MEMBER AT LARGE	2.00	Director	$0	$0	$0
JEFF WHITE	MEMBER AT LARGE	2.00	Director	$0	$0	$0
TIM NIGGEMEYER	MEMBER AT LARGE	2.00	Director	$0	$0	$0
KOLBY MILLER	MEMBER AT LARGE	2.00	Director	$0	$0	$0
JASON MACDONALD	IMMEDIATE PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
BILL GRUBB	SECRETARY	5.00	Officer Director	$0	$0	$0
MARK MEIJER	TREASURER	5.00	Officer Director	$0	$0	$0
BRIAN SCRIBNER	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
JOHN CLAYTON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ANGELA MADDEN	EXECUTIVE DIRECTOR	40.00	Officer	$128,080	$26,277	$154,357

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	$465,811	$482,184	$557,348	$-16,373
2023	$316,831	$380,620	$405,464	$-63,789
2022	$434,491	$436,979	$396,967	$-2,488
2021	$364,523	$354,907	$483,951	$9,616
2020	$318,765	$336,541	$466,909	$-17,776
2019	$393,367	$441,742	$476,140	$-48,375
2018	$349,603	$337,073	$470,811	$12,530

MICHIGAN ASSOCIATION OF AMBULANCE SERVICES