HEREFORD VOLUNTEER AMBULANCE ASSOC INC DBA MONKTON VOL EMERGENCY SERVICES (EIN 526053068) - Form 990 Financial Analysis & Trantor Score

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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

1953

Legal Domicile

Principal Officer

PAUL TICE PRESIDENT

Phone

4108871935

Tax Period

2024-01-01 to 2024-12-31

HEREFORD VOLUNTEER AMBULANCE ASSOC INC DBA MONKTON VOL EMERGENCY SERVICES, founded in 1953, is a small nonprofit in the Health Care sector that reported $267K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Net assets of $1.2M represent 56 months of operating reserves.

Mission

TO PROVIDE EMERGENCY MEDICAL SERVICES TO A 155 SQUARE MILE AREA IN NOTHERN BALTIMORE COUNTY AND SURROUNDING AREAS

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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 $266,318

Program Service Revenue $0

Investment Income $314

Other Revenue $0

TOTAL REVENUE $266,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,526

Fundraising Expenses $0

Program Expenses $261,030

Other Expenses $189,504

TOTAL EXPENSES $261,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$266,632	$185,254	+0.4%
Expenses	$261,030	$175,045	+0.5%
Net Income	$5,602	$10,209	-0.5%

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

N/A

Employees

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
PAUL TICE	President	4.00	Officer Director	$0	$0	$0
MIKE SCHREIBER	Vice President	4.00	Officer Director	$0	$0	$0
RAY MARSICO	Secretary	6.00	Officer Director	$0	$0	$0
CAROLE TICE	Treasurer	10.00	Officer Director	$0	$0	$0
GERRY SIMMS	Director	2.00	Director	$0	$0	$0
PAUL DEMME	Director	2.00	Director	$0	$0	$0
DANIEL BURKE	COO	12.00	Officer 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	$266,632	$261,030	$1,233,618	$5,602
2023	$185,254	$175,045	$1,228,016	$10,209
2022	$474,006	$130,083	$1,221,126	$343,923
2021	$199,951	$134,609	$1,124,767	$65,342

HEREFORD VOLUNTEER AMBULANCE ASSOC INC DBA MONKTON VOL EMERGENCY SERVICES