LEROY EMERGENCY AMBULANCE SERVICE INC (EIN 371041351) - 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

1977

Phone

3099626114

Tax Period

2024-01-01 to 2024-12-31

LEROY EMERGENCY AMBULANCE SERVICE INC, founded in 1977, is a community nonprofit in the Public Safety sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 4% surplus.

Mission

PROVIDE EMERGENCY & ROUTINE AMBULANCE SERVICES

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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 $789,836

Program Service Revenue $1,185,212

Investment Income $27,218

Other Revenue $532

TOTAL REVENUE $2,002,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,338,810

Fundraising Expenses $0

Program Expenses $1,774,349

Other Expenses $575,515

TOTAL EXPENSES $1,914,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,002,798	$1,599,043	+0.3%
Expenses	$1,914,325	$1,643,993	+0.2%
Net Income	$88,473	$-44,950	-3.0%

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

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

$79,109

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA WILLIS	Treasurer	40.00	Officer	$79,109	$0	$79,109
PAUL SPRATT	Trustee	1.00	Director	$0	$0	$0
GAIL HANAFIN	Trustee	1.00	Director	$0	$0	$0
JENNIFER TOOHILL	Trustee	1.00	Director	$0	$0	$0
KRIS DEAN	President	1.00	Officer	$0	$0	$0
NANCY SPRATT	Vice President	1.00	Officer	$0	$0	$0
VICKI GNAGEY	Secretary	1.00	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	$2,002,798	$1,914,325	$871,301	$88,473
2023	$1,599,043	$1,643,993	$784,725	$-44,950
2022	$1,605,773	$1,536,345	$829,570	$69,428
2021	$1,433,955	$1,435,398	$755,305	$-1,443
2020	$1,486,237	$1,389,449	$784,111	$96,788
2019	$1,221,617	$1,203,195	$769,162	$18,422
2018	$987,982	$1,010,032	$771,713	$-22,050

LEROY EMERGENCY AMBULANCE SERVICE INC