WEST MICHIGAN AIR CARE INC (EIN 383067256) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Matthew Dommer

Phone

2693376030

Tax Period

2023-07-01 to 2024-06-30

WEST MICHIGAN AIR CARE INC, founded in 1992, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023. Expenses of $7.4M exceeded revenue, resulting in a 10% operating deficit.

Mission

West Michigan Air Care is a premier full service critical care transport system.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,670,000

Program Service Revenue $4,008,421

Investment Income $2,378

Other Revenue $8,314

TOTAL REVENUE $6,689,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,734,103

Fundraising Expenses $0

Program Expenses $6,551,885

Other Expenses $5,647,656

TOTAL EXPENSES $7,381,759

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,689,113	$6,489,554	+0.0%
Expenses	$7,381,759	$6,823,983	+0.1%
Net Income	$-692,646	$-334,429	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Matthew Heffelfinger	Program Director	40	Highest	$110,000	$30,000	$140,000
Becky East	Member	0	Director	$0	$0	$0
Shasha Chen	Treasurer	0	Director	$0	$0	$0
Dean Kindler	Co-Chair Person	0	Director	$0	$0	$0
Sarah Charters	Member	0	Director	$0	$0	$0
Matthew Dommer	Co-Chair Person	0	Director	$0	$0	$0
Oreste Romeo	Member	0	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
2024	$6,689,113	$7,381,759	$927,615	$-692,646
2023	$6,489,554	$6,823,983	$2,224,434	$-334,429
2022	$7,473,154	$7,414,647	$1,273,981	$58,507
2021	$6,044,649	$6,191,150	$1,284,463	$-146,501
2020	$6,121,305	$6,301,160	$1,471,256	$-179,855
2019	$5,015,959	$5,487,651	$2,796,235	$-471,692
2018	$5,374,274	$5,207,096	$3,104,706	$167,178

WEST MICHIGAN AIR CARE INC