PUTNAM COUNTY OPERATION LIFE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

DAVID BRAY

Phone

7656533600

Tax Period

2023-01-01 to 2023-12-31

Mission

PROVIDE EMERGENCY SERVICES TO COUNTY AND THE 911 SYSTEM

Program Service Accomplishments

Program 1

PUTNAM COUNTY OPERATION LIFE INC. WAS UNDER CONTRACT WITH THE PUTNAM COUNTY COMMISSIONERS TO PROVIDE EMERGENCY AMBULANCE SERVICE TO THE ENTIRE COUNTY. IN THAT LIGHT, WE ALSO PROVIDED STANDBY SERVICE TO LOCAL HIGH SCHOOLS AT THEIR SPORTING EVENTS. EFFECTIVE JAN 1, 2020, THE LOCAL COUNTY GOVERNMENT TOOK OVER CONTROL OF THE OPERATION. OL GAVE THE COUNTY ALL ASSETS, OTHER THAN SOME CASH. WE OPERATED NO VEHICLES AND ARE IN THE PROCESS OF WINDING DOWN ALL OPERATONS. WE HAD ONE LAST PAYROLL AND PAID IT AND PROVIDED W-2'S AS NECESSARY. WE ARE STILL COLLECTING OUTSTANDING RECEIPTS AND EXPECT ALL OPERATONS TO END DURING 2022, MAYBE SOONER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$85	-1.0%
Expenses	N/A	$855	-1.0%
Net Income	N/A	$-770	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS WEATHERFORD	MEMBER	1.00	Director	$0	$0	$0
RICK WOODALL	MEMBER	1.00	Director	$0	$0	$0
JILL BRIDGEWATER	MEMBER	1.00	Director	$0	$0	$0
CATHY TIPTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID BRAY	TREASURER	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
2024	No data	No data	No data	No data
2023	No data	No data	$52,715	No data
2022	$85	$855	$52,715	$-770
2021	$14,792	$18,385	$53,485	$-3,593
2020	$217,226	$327,625	$57,078	$-110,399
2019	$1,425,571	$1,389,068	$260,132	$36,503
2018	$1,385,411	$1,444,500	$848,325	$-59,089