READING EMERGENCY UNIT INC

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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

1971

Principal Officer

TERRY ESTERLINE

Phone

5172832856

Tax Period

2024-01-01 to 2024-12-31

READING EMERGENCY UNIT INC, founded in 1971, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2024.

Mission

PROVIDE AMBULATORY CARE AND RESCUE SERVICES IN CASES OF ACCIDENT, ILLNESSES, OR OTHER EMERGENCIES

Program Service Accomplishments

Program 1

Expenses: $2,060,183 Revenue: $2,609,363

PROVIDE AMBULANCE AND RESCUE SERVICES IN CASES OF ACCIDENTS, ILLNESSES, OR OTHER EMERGENCIES TO NUMEROUS RESIDENTS OF HILLSDALE COUNTY AND SURROUNDING AREA, AS WELL AS PROVIDE EMERGENCY MEDICAL...

PROVIDE AMBULANCE AND RESCUE SERVICES IN CASES OF ACCIDENTS, ILLNESSES, OR OTHER EMERGENCIES TO NUMEROUS RESIDENTS OF HILLSDALE COUNTY AND SURROUNDING AREA, AS WELL AS PROVIDE EMERGENCY MEDICAL TRAINING TO EMPLOYEES AND COMMUNITY MEMBERS.

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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 $991,041

Program Service Revenue $1,628,113

Investment Income $5,341

Other Revenue $3,250

TOTAL REVENUE $2,627,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,688,718

Fundraising Expenses $0

Program Expenses $2,060,183

Other Expenses $965,464

TOTAL EXPENSES $2,654,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,627,745	$2,456,040	+0.1%
Expenses	$2,654,182	$2,313,031	+0.1%
Net Income	$-26,437	$143,009	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY ESTERLINE	PRESIDENT	N/A	Officer	$0	$0	$0
JULIE GAMES	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRENDA THOMAS	SECRETARY	N/A	Officer	$0	$0	$0
KATHY SMITH	TREASURER	N/A	Officer	$0	$0	$0
NAMRATA CAROLAN	TRUSTEE	N/A	Director	$0	$0	$0
STEVE MCDOWELL	TRUSTEE	N/A	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
2025	No data	No data	No data	No data
2024	$2,627,745	$2,654,182	$1,820,741	$-26,437
2023	$2,456,040	$2,313,031	$2,013,339	$143,009
2022	$2,165,344	$2,227,450	$1,714,247	$-62,106
2021	$2,178,835	$2,177,949	$1,833,102	$886
2020	$2,412,014	$2,082,499	$1,488,467	$329,515
2019	$1,895,113	$1,896,740	$1,226,852	$-1,627
2018	$1,822,682	$1,831,594	$1,206,932	$-8,912