THE FOREST CITY AMBULANCE SERVICE (EIN 421050190) - 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

1972

Legal Domicile

Principal Officer

EMILY PUTNEY

Phone

6415854634

Tax Period

2023-01-01 to 2023-12-31

THE FOREST CITY AMBULANCE SERVICE, founded in 1972, is a small nonprofit that reported $620K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $585K left a modest 6% surplus.

Mission

TO PROVIDE AMBULANCE SERVICE TO THE AREA IN AND AROUND FOREST CITY, IOWA.

🔒

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 $92,699

Program Service Revenue $507,979

Investment Income $7,575

Other Revenue $11,367

TOTAL REVENUE $619,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,821

Fundraising Expenses $0

Program Expenses $577,630

Other Expenses $369,052

TOTAL EXPENSES $584,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$619,620	$419,128	+0.5%
Expenses	$584,873	$419,456	+0.4%
Net Income	$34,747	$-328	-106.9%

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
SPENCER D ARMSTRONG	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
CHRISTAL DUTCHER	BOARD MEMBER	N/A	Director	$0	$0	$0
LEE DUTCHER	BOARD MEMBER	N/A	Director	$0	$0	$0
APRIL GAMBELL	SECRETARY	N/A	Officer Director	$0	$0	$0
JOSEPH A KLUKOW	TREASURER	N/A	Officer Director	$0	$0	$0
EMILY PUTNEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
AUDREY SPARKS	HISTORIAN	N/A	Officer 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
2023	$619,620	$584,873	$1,168,788	$34,747
2022	$419,128	$419,456	$1,155,201	$-328
2021	$455,916	$385,626	$1,139,117	$70,290
2020	$403,885	$418,200	$1,070,666	$-14,315
2019	$311,569	$386,115	$1,080,089	$-74,546
2018	$324,450	$401,104	$1,153,556	$-76,654

THE FOREST CITY AMBULANCE SERVICE