LOWER SOMERSET COUNTY AMBULANCE AND RESCUE SQUAD INC

EIN: 521217479 501(c)(3) Health Care

CRISFIELD, MD

Total Revenue
$321,080
Total Expenses
$334,592
Total Assets
$568,904
Net Assets
$536,559
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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
1980
Legal Domicile
MD
Principal Officer
GEORGE NELSON
Phone
4109682000
Tax Period
2024-07-01 to 2025-06-30

LOWER SOMERSET COUNTY AMBULANCE AND RESCUE SQUAD INC, founded in 1980, is a small nonprofit in the Health Care sector that reported $321K in total revenue in fiscal year 2024.

Mission

TO PROVIDE EMERGENCY MEDICAL SUPPORT AND TRANSPORT TO THE CITIZENS OF LOWER SOMERSET COUNTY.

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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 $91,922
Program Service Revenue $229,158
Investment Income $0
Other Revenue $0
TOTAL REVENUE $321,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,857
Program Expenses $324,735
Other Expenses $334,592
TOTAL EXPENSES $334,592

Year-over-Year Comparison

2024 2023 Change
Revenue $321,080 $328,462 0.0%
Expenses $334,592 $348,757 0.0%
Net Income $-13,512 $-20,295 -0.3%
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
25
Independent Members
25
Employees
N/A
Volunteers
25

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE NELSON JR PRESIDENT 10.00
Officer
$0 $0 $0
TYLER CROCKETT VICE PRESIDENT 3.00
Officer
$0 $0 $0
ALYSSA REYNOLDS SECRETARY 3.00
Officer
$0 $0 $0
SCOTT WARD TREASURER 3.00
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
2025 $321,080 $334,592 $568,904 $-13,512
2024 $328,462 $348,757 $614,321 $-20,295
2023 $293,671 $261,094 $667,860 $32,577
2022 $274,337 $276,734 $713,694 $-2,397
2021 $274,309 $265,189 $593,594 $9,120
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