MUTUAL AID AMB SERVICE TRUST (EIN 256333828) - 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

1990

Legal Domicile

Principal Officer

WILLIAM PANASITI

Phone

7248376134

Tax Period

2023-01-01 to 2023-12-31

MUTUAL AID AMB SERVICE TRUST, founded in 1990, is a micro nonprofit that reported $12K in total revenue in fiscal year 2023.

Mission

PROVIDES SELF INSURED WORKERS COMPENSATION FOR MUTUAL AID AMBULANCE SERVICE, INC.

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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 $0

Program Service Revenue $0

Investment Income $-11,943

Other Revenue $406

TOTAL REVENUE $-11,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,840

Other Expenses $97,840

TOTAL EXPENSES $97,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-11,537	$-3,594	+2.2%
Expenses	$97,840	$218,013	-0.6%
Net Income	$-109,377	$-221,607	-0.5%

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

N/A

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

$12,075

Total Directors

$117,354

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUGENE KOMONDOR	CEO	1.00	Director	$0	$6,360	$117,354
WILLIAM PANASITI	PRESIDENT	1.00	Officer	$0	$0	$2,825
THOMAS FREEMAN	V PRESIDENT	1.00	Officer	$0	$0	$3,625
PAUL ZIMAN	SECRETARY	1.00	Officer	$0	$0	$3,625
ROBERT REESE	TREASURER	1.00	Officer	$0	$0	$2,000

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	$-11,537	$97,840	$161,917	$-109,377
2022	$-3,594	$218,013	$283,584	$-221,607
2021	$354,700	$189,534	$505,191	$165,166
2020	$269,624	$294,328	$340,025	$-24,704
2019	$165,489	$255,918	$364,729	$-90,429
2018	$319,987	$273,320	$455,158	$46,667

MUTUAL AID AMB SERVICE TRUST