Quad City Helicopter Emergency Med Service (EIN 421506559) - 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

2000

Legal Domicile

Phone

5635293821

Tax Period

2023-11-01 to 2024-10-31

Quad City Helicopter Emergency Med Service, founded in 2000, is a mid-sized nonprofit in the Public Safety sector that reported $12.1M in total revenue in fiscal year 2023. Expenses of $11.3M left a modest 7% surplus.

Mission

This entity provides emergency helicopter medical transport services and responds to medical needs of the community.

🔒

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 $0

Program Service Revenue $11,729,358

Investment Income $345,336

Other Revenue $0

TOTAL REVENUE $12,074,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,113,353

Fundraising Expenses $0

Program Expenses $10,880,800

Other Expenses $8,137,931

TOTAL EXPENSES $11,251,284

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,074,694	$11,600,538	+0.0%
Expenses	$11,251,284	$10,591,625	+0.1%
Net Income	$823,410	$1,008,913	-0.2%

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

$424,910

Total Directors

$424,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Takacs	Pres, secr, dir	60.00	Officer Director	$424,910	$0	$424,910
Melissa Wanek	Office Manager	40.00		$334,588	$0	$334,588
Richard W Dyer	Flight nurse	40.00		$134,416	$0	$134,416
Justin J Hicks	Flight nurse	40.00		$122,123	$0	$122,123
Miranda L Benner	Lead flight nurse	40.00		$116,256	$0	$116,256
John Hartman	Director	5.00	Director	$0	$0	$0
Greg Egbers	Director	5.00	Director	$0	$0	$0
Rhonda Sowards	Treasurer	5.00	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
2024	$12,074,694	$11,251,284	$28,458,552	$823,410
2023	$11,600,538	$10,591,625	$20,595,259	$1,008,913
2022	$10,735,910	$10,359,589	$20,341,534	$376,321
2021	$10,946,719	$9,632,411	$20,695,155	$1,314,308
2020	$9,507,628	$8,475,838	$20,153,259	$1,031,790

Quad City Helicopter Emergency Med Service