IRVONA VOLUNTEER AMBULANCE SERVICES

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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

2001

Legal Domicile

Principal Officer

JEFFREY KENNEDY

Phone

8146725785

Tax Period

2023-01-01 to 2023-12-31

IRVONA VOLUNTEER AMBULANCE SERVICES, founded in 2001, is a small nonprofit in the Health Care sector that reported $228K in total revenue in fiscal year 2023. The organization ran a surplus of $76K, a strong 33% operating margin.

Mission

THE IRVONA VOLUNTEER AMBULANCE SERVICES WAS ORGANIZED TO PROVIDE AMBULANCE SERVICE TO IRVONA AND SURROUNDING AREAS.

Program Service Accomplishments

Program 1

Expenses: $151,442

THE IRVONA VOLUNTEER AMBULANCE SERVICES WAS ORGANIZED TO PROVIDE AMBULANCE SERVICE TO IRVONA AND SURROUNDING AREAS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $44,878

Program Service Revenue $179,442

Investment Income $3,401

Other Revenue $0

TOTAL REVENUE $227,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,501

Fundraising Expenses $0

Program Expenses $151,442

Other Expenses $113,941

TOTAL EXPENSES $151,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,721	$239,452	0.0%
Expenses	$151,442	$144,019	+0.1%
Net Income	$76,279	$95,433	-0.2%

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

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

$37,501

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY L KENNEDY	TREASURER	035.00	Officer	$37,501	$0	$37,501
KATHY J KENNEDY	PRESIDENT	004.00	Officer	$0	$0	$0
IAN GABRIELSON	VICE PRESIDENT	004.00	Officer	$0	$0	$0
SUSAN D DOLBY	SECRETARY	004.00	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
2024	No data	No data	No data	No data
2023	$227,721	$151,442	$1,122,925	$76,279
2022	$239,452	$144,019	$1,046,646	$95,433
2021	$311,292	$150,615	$951,213	$160,677
2020	$194,378	$145,412	$790,536	$48,966