PLATTE AMBULANCE SERVICE

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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

1992

Legal Domicile

Principal Officer

KEITH VANZEE

Phone

6053373364

Tax Period

2024-01-01 to 2024-12-31

PLATTE AMBULANCE SERVICE, founded in 1992, is a small nonprofit in the Health Care sector that reported $139K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $174K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE AMBULANCE SERVICE TO THE RESIDENTS OF THE PLATTE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $171,665 Revenue: $130,022

THE AMBULANCE SERVICE IS STAFFED BY EMERGENCY MEDICAL TECHNICIANS, OR EMTS. THE SERVICE RESPONDED TO 158 CALLS IN 2024, WITH 44 TRANSFERRED TO REGIONAL FACILITIES. TRANSPORTATION OF PATIENTS TO LOCAL...

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,750

Program Service Revenue $130,022

Investment Income $6,057

Other Revenue $0

TOTAL REVENUE $138,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,442

Fundraising Expenses $0

Program Expenses $171,665

Other Expenses $116,671

TOTAL EXPENSES $174,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$138,829	$199,896	-0.3%
Expenses	$174,113	$161,779	+0.1%
Net Income	$-35,284	$38,117	-1.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH VANZEE	PRESIDENT	0.50	Officer Director	$0	$0	$0
HERMAN TURNIS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
CHAR SEVERSON	SECRETARY	0.50	Officer Director	$0	$0	$0
HOLLY VOETBERG	TREASURER	0.50	Officer Director	$0	$0	$0
DR JEROME BENTZ	BOARD MEMBER - LEFT 10/2024	0.50	Director	$0	$0	$0
DR NELSON BATOON	BOARD MEMBER - JOINED 11/2024	0.50	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	$138,829	$174,113	$555,805	$-35,284
2023	$199,896	$161,779	$590,444	$38,117
2022	$157,242	$136,423	$552,327	$20,819
2021	$132,295	$126,984	$533,624	$5,311
2020	$134,568	$101,906	$528,313	$32,662