WOLCOTT VOLUNTEER AMBULANCE ASSOC INC

EIN: 237450981 501(c)(3) Health Care

WOLCOTT, CT

Total Revenue
$3,288,090
Total Expenses
$3,362,885
Total Assets
$769,447
Net Assets
$376,935
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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
1973
Legal Domicile
CT
Principal Officer
WILLIAM BARRATT
Phone
2038794122
Tax Period
2023-07-01 to 2024-06-30

WOLCOTT VOLUNTEER AMBULANCE ASSOC INC, founded in 1973, is a community nonprofit in the Health Care sector that reported $3.3M in total revenue in fiscal year 2023.

Mission

VOLUNTEER AMBULANCE ASSOCIATION THAT PROVIDES EMT SERVICES IN WOLCOTT, CT

Program Service Accomplishments

Program 1
Expenses: $2,726,508 Revenue: $1,048,753

THE ASSOCIATION PROVIDES MEDICAL EMERGENCY SERVICES TO RESIDENTS IN THE TOWN OF WOLCOTT, CT. DURING THE CURRENT FISCAL YEAR APPROXIMATELY 1,300 CLIENTS WERE SERVED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,205,693
Program Service Revenue $1,082,397
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,288,090

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,957,407
Fundraising Expenses $6,191
Program Expenses $2,726,508
Other Expenses $1,405,478
TOTAL EXPENSES $3,362,885

Year-over-Year Comparison

2023 2022 Change
Revenue $3,288,090 $3,132,652 +0.0%
Expenses $3,362,885 $3,117,493 +0.1%
Net Income $-74,795 $15,159 -5.9%
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
15
Independent Members
15
Employees
28
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
6
$299,310
Total Directors
15
$733,308
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRATT WILLIAM CHIEF 050.00
Officer Director
$119,560 $0 $119,560
NORVILLE RACHEL CAPTAIN 040.00
Director
$97,141 $0 $97,141
KAMINSKI PETER DEPUTY CHIEF 050.00
Officer Director
$91,930 $0 $91,930
O'DONNELL JASON LIEUTENANT 040.00
Director
$91,589 $0 $91,589
ALBERT ANDREW DEPUTY CHIEF 050.00
Officer Director
$87,820 $0 $87,820
SKELLY DANIEL LIEUTENANT 040.00
Director
$85,209 $0 $85,209
BEGLEY JOHN LIEUTENANT 040.00
Director
$81,667 $0 $81,667
O'DEA JOHN LIEUTENANT 032.00
Director
$64,045 $0 $64,045
TROMPETER MARK CAPTAIN 008.00
Director
$14,347 $0 $14,347
CLEARY DENNIS JR BOARD MEMBER 002.00
Director
$0 $0 $0
HUNT DAVID LIEUTENANT 002.00
Officer Director
$0 $0 $0
SAVAGE STEVEN BOARD MEMBER 002.00
Director
$0 $0 $0
SKERRITT JOSEPH JR ASSISTANT CHIEF 002.00
Officer Director
$0 $0 $0
VALENTI CARA LIEUTENANT 002.00
Director
$0 $0 $0
YENO PAUL CAPTAIN/TREASURER 002.00
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
2025 No data No data No data No data
2024 $3,288,090 $3,362,885 $769,447 $-74,795
2023 $3,132,652 $3,117,493 $812,777 $15,159
2022 $2,805,832 $2,671,394 $805,073 $134,438
2021 $2,287,711 $2,367,437 $821,248 $-79,726
2020 $2,390,176 $2,274,642 $802,581 $115,534
2019 $1,864,761 $2,003,844 $672,116 $-139,083
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