COMM AMBULANCE SERV OF PRESTON IOWA

EIN: 426269563 501(c)(3)

PRESTON, IA

Total Revenue
$306,178
Total Expenses
$148,498
Total Assets
$432,776
Net Assets
$432,776
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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
1976
Legal Domicile
IA
Principal Officer
CLIVE ZEIMET
Phone
5636893301
Tax Period
2024-01-01 to 2024-12-31

COMM AMBULANCE SERV OF PRESTON IOWA, founded in 1976, is a small nonprofit that reported $306K in total revenue in fiscal year 2024. Revenue surged 284% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 51% operating margin.

Mission

AMBULANCE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $183,152
Program Service Revenue $115,493
Investment Income $131
Other Revenue $7,402
TOTAL REVENUE $306,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $729
Fundraising Expenses $0
Program Expenses $79,582
Other Expenses $147,769
TOTAL EXPENSES $148,498

Year-over-Year Comparison

2024 2023 Change
Revenue $306,178 $79,796 +2.8%
Expenses $148,498 $81,371 +0.8%
Net Income $157,680 $-1,575 -101.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
45

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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE ROLING DIRECTOR 0.00
Director
$0 $0 $0
CLIVE ZEIMET PRESIDENT 0.00
Officer
$0 $0 $0
LAURA HORST SECRETARY 0.00
Officer
$0 $0 $0
LAUREN CORLIS VICE PRESIDENT 0.00
Officer
$0 $0 $0
LAUREN CORLIS TREASURER 0.00
Officer
$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 $306,178 $148,498 $432,776 $157,680
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