Minford Emergency Ambulance Service Inc (EIN 310904494) - 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

1976

Legal Domicile

Phone

7408203527

Tax Period

2024-01-01 to 2024-12-31

Minford Emergency Ambulance Service Inc, founded in 1976, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $217K, a strong 21% operating margin.

Mission

PROVIDE EMERGENCY AMBULANCE SERVICE AND RELATED HEALTHCARE TO RESIDENTS OF MADISON, HARRISON AND JEFFERSON TOWNSHIPS IN SCIOTO COUNTY, OHIO.

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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 (2024)

Revenue Breakdown

Contributions & Grants $28,421

Program Service Revenue $939,449

Investment Income $24,132

Other Revenue $39,399

TOTAL REVENUE $1,031,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $558,309

Fundraising Expenses $0

Program Expenses $814,259

Other Expenses $255,950

TOTAL EXPENSES $814,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,031,401	$941,309	+0.1%
Expenses	$814,259	$785,816	+0.0%
Net Income	$217,142	$155,493	+0.4%

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

$15,571

Total Directors

$1,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy B Allen	Treasurer	30.00	Officer	$8,821	$0	$8,821
Naomi Souders	Board Chairperson	0.00	Officer	$3,250	$0	$3,250
Leonard Wheeler	Board Vice-Chairperson	0.00	Officer	$1,750	$0	$1,750
Christopher Smith	Secretary	0.00	Officer	$1,750	$0	$1,750
David Flowers	Board Member	0.00	Director	$1,625	$0	$1,625

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	$1,031,401	$814,259	$1,053,053	$217,142
2023	$941,309	$785,816	$835,911	$155,493
2022	$916,829	$1,300,731	$1,516,535	$-383,902
2021	$948,274	$809,453	No data	$138,821
2020	$919,863	$916,077	No data	$3,786
2019	$943,950	$679,506	$1,757,831	$264,444
2018	$924,506	$929,526	$1,757,831	$-5,020

Minford Emergency Ambulance Service Inc