HANOVER AMBULANCE INC

EIN: 363253980 501(c)(3)

HANOVER, IL

Total Revenue
N/A
Total Expenses
$71,688
Total Assets
$203,922
Net Assets
$203,922
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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
IL
Principal Officer
LOIS BAKER
Tax Period
2018-12-01 to 2019-11-30

Mission

TO PROVIDE EMERGENCY MEDICAL CARE, TRANSPORTATION TO HOSPITAL, ON SITE MEDICAL CARE AT SCENES OF TRAFFIC ACCIDENTS AND FIRES

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,668
Other Expenses $71,688
TOTAL EXPENSES $71,688

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $97,680 -1.0%
Expenses $71,688 $123,429 -0.4%
Net Income N/A $-25,749 N/A
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
8
Independent Members
8
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM FRASIER PRESIDENT 005.00
Officer Director
$0 $0 $0
JANICE STEELE SECRETARY 005.00
Officer Director
$0 $0 $0
PETER BODEN TREASURER 005.00
Officer Director
$0 $0 $0
SHEILA MAGNUS DIRECTOR 001.00
Director
$0 $0 $0
DUANE BROTHERTON DIRCTOR 001.00
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
2019 No data $71,688 $203,922 No data
2018 $97,680 $123,429 $275,610 $-25,749
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