LAKE COUNTY AMBULANCE SERVICE (EIN 411893902) - 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

1997

Legal Domicile

Principal Officer

DERRICK GOUTERMONT

Phone

2188347110

Tax Period

2024-01-01 to 2024-12-31

LAKE COUNTY AMBULANCE SERVICE, founded in 1997, is a community nonprofit in the Health Care 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 $1.7M left a modest 12% surplus.

Mission

TO PROVIDE MEDICAL AMBULANCE AND AUXILIARY SERVICES TO THE PUBLIC REGARDLESS OF THEIR ABILITY TO PAY, INSURANCE COVERAGE, OR GOVERNMENTAL REIMBURSEMENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $867,867

Program Service Revenue $1,107,002

Investment Income $6,033

Other Revenue $584

TOTAL REVENUE $1,981,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,204,429

Fundraising Expenses $0

Program Expenses $1,463,847

Other Expenses $542,055

TOTAL EXPENSES $1,746,484

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,981,486	$1,580,958	+0.3%
Expenses	$1,746,484	$1,554,841	+0.1%
Net Income	$235,002	$26,117	+8.0%

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

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

$249,371

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK GOUTERMONT	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TERRI MCDANNOLD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KAREN KACZROWSKI	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD HOGENSON	DIRECTOR	1.00	Director	$0	$0	$0
COLE ERNEST	DIRECTOR	1.00	Director	$0	$0	$0
RANDY STROHMEYER	EXECUTIVE DIRECTOR	40.00	Officer	$58,031	$36,193	$94,224
JOHN ACHARTZ	ASSISTANT DIRECTOR	40.00	Officer	$75,191	$13,330	$88,521
STACY CAVALLIN	BUSINESS MANAGER	40.00	Officer	$53,213	$13,413	$66,626

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	$1,981,486	$1,746,484	$1,892,255	$235,002
2023	$1,580,958	$1,554,841	$1,593,366	$26,117
2022	$1,673,059	$1,466,681	$1,571,390	$206,378
2021	$1,791,904	$1,447,259	$1,374,066	$344,645
2020	$2,382,613	$1,707,564	$1,091,077	$675,049
2019	$1,566,994	$1,646,974	$760,933	$-79,980
2018	$1,580,029	$1,620,814	$830,723	$-40,785

LAKE COUNTY AMBULANCE SERVICE