HASTINGS AREA AMBULANCE ASSN

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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

1975

Legal Domicile

Principal Officer

LORI HUBER

Phone

8142478885

Tax Period

2020-01-01 to 2020-12-31

HASTINGS AREA AMBULANCE ASSN, founded in 1975, is a small nonprofit that reported $700K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year.

Mission

TO PROVIDE AMBULANCE AND PARAMEDIC SERVICES FOR HASTINGS BOROUGH AND SURROUNDING COMMUNITIES

Program Service Accomplishments

Program 1

CONTINUES TO PROVIDE ALS SERVICES FOR HASTINGS BOROUGH AND SURROUNDING COMMUNITIES

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,191

Program Service Revenue $621,163

Investment Income $40,014

Other Revenue $0

TOTAL REVENUE $700,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $499,431

Fundraising Expenses $0

Other Expenses $216,422

TOTAL EXPENSES $715,853

Year-over-Year Comparison

	2020	2019	Change
Revenue	$700,368	$778,002	-0.1%
Expenses	$715,853	$766,781	-0.1%
Net Income	$-15,485	$11,221	-2.4%

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

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
LORI HUBER	PRSIDENT	5.00	Officer	$0	$0	$0
RENEE SCHREYER	VICE PRESIDENT	5.00	Officer	$0	$0	$0
CATHY DRASS	TREASURER	5.00	Officer	$0	$0	$0
SUE HNATKOVICH	SECRETARY	5.00	Officer	$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
2020	$700,368	$715,853	$234,423	$-15,485