HURON AMBULANCE INC

🔒

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

1976

Legal Domicile

Principal Officer

FOSTER KNUDSON

Phone

6053522600

Tax Period

2024-03-01 to 2025-02-28

HURON AMBULANCE INC, founded in 1976, is a small nonprofit in the Health Care sector that reported $845K in total revenue in fiscal year 2024. Expenses of $798K left a modest 6% surplus.

Mission

AMBULANCE SERVICES

Program Service Accomplishments

Program 1

Expenses: $714,128 Revenue: $797,658

THE ORGANIZATION PROVIDES FOR 24 HOUR BASIC LIFE SUPPORT TO THE RESIDENTS OF THE CITY OF HURON AND THE SURROUNDING COMMUNITY. HURON AMBULANCE RUNS AN AVERAGE OF 800 CALLS PER YEAR. THE ORGANIZATION ALSO PROVIDES STANDBY SERVICES AT FIRES, ATHLETIC EVENTS, AND COMMUNITY FUNCTIONS. COMMUNITY TRANING PROGRAMS ARE PROVIDED IN CPR/BASIC LIFE SUPPORT.

🔒

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 $4,000

Program Service Revenue $708,622

Investment Income $45,450

Other Revenue $86,824

TOTAL REVENUE $844,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $380,897

Fundraising Expenses $0

Program Expenses $744,243

Other Expenses $416,606

TOTAL EXPENSES $797,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$844,896	$810,696	+0.0%
Expenses	$797,503	$617,250	+0.3%
Net Income	$47,393	$193,446	-0.8%

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

$21,272

Total Directors

$53,430

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYLER WALDNER	BOARD MEMBER	11.00	Director	$17,263	$0	$17,263
MARK JOHNSON	BOARD MEMBER	10.00	Director	$14,895	$0	$14,895
FOSTER KNUDSON	PRESIDENT	7.00	Officer Director	$11,660	$0	$11,660
JAMES SHOULTZ	SECRETARY	3.50	Officer Director	$5,310	$0	$5,310
JEREMY JAMES	VICE PRESIDE	3.00	Officer Director	$4,302	$0	$4,302

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
2025	$844,896	$797,503	$1,708,254	$47,393
2024	$810,696	$617,250	$1,660,797	$193,446
2023	$662,237	$557,160	$1,467,330	$105,077
2022	$576,742	$489,696	$1,366,953	$87,046
2021	$459,567	$489,655	$1,279,165	$-30,088
2020	$439,843	$444,084	$1,388,314	$-4,241
2019	$442,531	$436,801	$1,313,100	$5,730