Northeast Harbor Ambulance Service Inc (EIN 237371766) - 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

1938

Legal Domicile

Principal Officer

Douglass Gray Jr

Tax Period

2022-01-01 to 2022-12-31

Northeast Harbor Ambulance Service Inc, founded in 1938, is a small nonprofit in the Public Safety sector that reported $278K in total revenue in fiscal year 2022. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $862K exceeded revenue, resulting in a 211% operating deficit.

Mission

To provide emergency treatment and transportation for the sick and injured within the Town of Mount Desert. And to provide support of emegency medical services for the residents and visitors of the Town of Mount Desert.

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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 (2022)

Revenue Breakdown

Contributions & Grants $109,014

Program Service Revenue $23,408

Investment Income $145,228

Other Revenue $0

TOTAL REVENUE $277,650

Expense Breakdown

Grants Paid $559,841

Salaries & Benefits $170,063

Fundraising Expenses $0

Program Expenses $836,683

Other Expenses $132,474

TOTAL EXPENSES $862,378

Year-over-Year Comparison

	2022	2021	Change
Revenue	$277,650	$452,280	-0.4%
Expenses	$862,378	$545,931	+0.6%
Net Income	$-584,728	$-93,651	+5.2%

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

N/A

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

$70,540

Total Directors

$77,640

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Margaret Houghton	Crew Chief	40.00	Officer Director	$38,857	$0	$38,857
Dan Puckett	Asst Crew Chief	30.00	Officer Director	$21,756	$0	$21,756
Basil Mahaney	Service Chief	10.00	Officer Director	$7,532	$0	$7,532
Sharon Morrell	Secretary	10.00	Director	$6,797	$0	$6,797
Mark Middleton	Treasurer	2.00	Officer Director	$2,395	$0	$2,395
Bruce Walton	Director	0.36	Director	$166	$0	$166
Kelly Brown	Director	0.14	Director	$114	$0	$114
Greg Theriault	Director	0.10	Director	$23	$0	$23
Bryan Colket	Director	0.25	Director	$0	$0	$0
Izaak Giberson	Director	0.16	Director	$0	$0	$0
Gibson McCullagh	Vice President	2.00	Officer Director	$0	$0	$0
Douglass Gray Jr	President	0.25	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
2022	$277,650	$862,378	$419,225	$-584,728
2021	$452,280	$545,931	$1,206,575	$-93,651
2020	$370,367	$386,439	$1,249,974	$-16,072
2019	$280,758	$312,956	$1,274,542	$-32,198
2018	$329,099	$284,292	$1,188,194	$44,807

Northeast Harbor Ambulance Service Inc