45TH PARALLEL EMERGENCY MEDICAL SERVICES (EIN 262005001) - 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

2008

Legal Domicile

Principal Officer

STEVE YOUNG

Phone

6032375593

Tax Period

2023-01-01 to 2023-12-31

45TH PARALLEL EMERGENCY MEDICAL SERVICES, founded in 2008, is a community nonprofit in the Public Safety sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 6% surplus.

Mission

AMBULANCE SERVICE

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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 $17,459

Program Service Revenue $1,910,601

Investment Income $3,772

Other Revenue $0

TOTAL REVENUE $1,931,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,313,324

Fundraising Expenses $0

Program Expenses $1,573,892

Other Expenses $493,235

TOTAL EXPENSES $1,806,559

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,931,832	$1,658,386	+0.2%
Expenses	$1,806,559	$1,765,132	+0.0%
Net Income	$125,273	$-106,746	-2.2%

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

Volunteers

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

$113,246

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE YOUNG	CHAIR	1.00	Officer Director	$0	$0	$0
GREG PLACY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MIKE COLLINS	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHEL DIONNE	TREASURER	1.00	Officer Director	$0	$0	$0
DOUG AHLSTRIN	DIRECTOR	1.00	Director	$0	$0	$0
EARL BUNNELL II	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT COLBY	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY COOK	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT COOPER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT COUTURE	DIRECTOR	1.00	Director	$0	$0	$0
DWAYNE COVELL	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER FISH	DIRECTOR	1.00	Director	$0	$0	$0
RAY GORMAN	DIRECTOR	1.00	Director	$0	$0	$0
ARNOLD GRAY	DIRECTOR	1.00	Director	$0	$0	$0
ED LAVERTY	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA NOLAN	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL SHEPARD	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN J BORLAND	CHIEF	60.00	Officer	$95,112	$18,134	$113,246

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	$1,931,832	$1,806,559	$1,154,526	$125,273
2022	$1,658,386	$1,765,132	$1,012,899	$-106,746
2021	$1,751,146	$1,737,103	$1,117,840	$14,043
2020	$1,647,031	$1,544,670	$1,037,143	$102,361
2019	$1,479,574	$1,527,102	$1,048,705	$-47,528
2018	$1,363,931	$1,451,501	$1,001,407	$-87,570

45TH PARALLEL EMERGENCY MEDICAL SERVICES