FAYETTE AMBULANCE SERVICE INC

EIN: 462660249 501(c)(3) Public Safety

FAYETTE, IA

Total Revenue
$357,101
Total Expenses
$575
Total Assets
$399,868
Net Assets
$399,868
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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
2012
Legal Domicile
IA
Principal Officer
RICHARD HOFMEYER
Tax Period
2023-01-01 to 2023-12-31

FAYETTE AMBULANCE SERVICE INC, founded in 2012, is a small nonprofit in the Public Safety sector that reported $357K in total revenue in fiscal year 2023. The organization ran a surplus of $357K, a strong 100% 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 (2023)

Revenue Breakdown

Contributions & Grants $362,355
Program Service Revenue $0
Investment Income $67
Other Revenue $-5,321
TOTAL REVENUE $357,101

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $575
TOTAL EXPENSES $575

Year-over-Year Comparison

2023 2022 Change
Revenue $357,101 N/A N/A
Expenses $575 N/A N/A
Net Income $356,526 N/A N/A
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
29
Independent Members
29
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT LUCHSINGER VP 0.00
Officer
$0 $0 $0
LISA ROBERTS SECY TREAS 0.00
Officer
$0 $0 $0
RICHARD HOFMEYER PRESIDENT 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
2023 $357,101 $575 $399,868 $356,526
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