MEDSTAR INC (EIN 382666933) - 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

1992

Legal Domicile

Principal Officer

KOLBY MILLER

Phone

5864686510

Tax Period

2024-01-01 to 2024-12-31

MEDSTAR INC, founded in 1992, is a mid-sized nonprofit in the Health Care sector that reported $79.5M in total revenue in fiscal year 2024.

Mission

MEDICAL TRANSPORTATION 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 $363,730

Program Service Revenue $79,107,044

Investment Income $2,034

Other Revenue $1,429

TOTAL REVENUE $79,474,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,925,297

Fundraising Expenses $0

Program Expenses $71,617,374

Other Expenses $26,900,901

TOTAL EXPENSES $77,826,198

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,474,237	$73,676,499	+0.1%
Expenses	$77,826,198	$77,587,300	+0.0%
Net Income	$1,648,039	$-3,910,801	-1.4%

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

997

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

$841,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SHEPHERD	BOARD CHAIRM	1.00	Officer Director	$0	$0	$0
ROBERT CANNON	SECRETARY	1.00	Officer Director	$0	$0	$0
BART BUXTON	MEMBER	1.00	Director	$0	$0	$0
CHARLES ANDERSON	MEMBER	1.00	Director	$0	$0	$0
DOUGLAS BLATT	MEMBER	1.00	Director	$0	$0	$0
DR JOHN DELEDDA	MEMBER	1.00	Director	$0	$0	$0
KEVIN GRADY	MEMBER	1.00	Director	$0	$0	$0
KOLBY MILLER	CEO	50.00	Officer	$505,362	$113,276	$618,638
LALAINIA BUDZYNOWSKI	VP OF FINANC	50.00	Officer	$204,624	$17,780	$222,404
KEVIN WILKINSON	VP HEALTHCAR	50.00	Highest	$198,427	$26,416	$224,843
SUSAN BURGHARDT	VP OF CLINIC	50.00	Highest	$189,838	$34,873	$224,711
JOSEPH MCHARDY	PARAMEDIC	90.00	Highest	$178,646	$10,493	$189,139
STEPHANIE LUMETTA	PARAMEDIC	75.00	Highest	$152,996	$14,269	$167,265
TIMOTHY DOW	PARAMEDIC	75.00	Highest	$152,464	$4,997	$157,461

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	$79,474,237	$77,826,198	$42,639,250	$1,648,039
2023	$73,676,499	$77,587,300	$43,837,356	$-3,910,801
2022	$65,963,500	$64,822,283	$40,641,204	$1,141,217
2021	$63,042,020	$58,497,603	$36,783,651	$4,544,417
2020	$48,743,880	$47,079,718	$33,424,256	$1,664,162
2019	$38,404,776	$36,385,187	$28,699,373	$2,019,589
2018	$33,689,610	$31,897,540	$21,568,848	$1,792,070

MEDSTAR INC