MEDISYS AMBULANCE SERVICE

EIN: 542124788 501(c)(3) Health Care

JAMAICA, NY

Total Revenue
$1,007,977
Total Expenses
$1,349,184
Total Assets
$658,525
Net Assets
$-2,883,488
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Principal Officer
MOUNIR F DOSS
Phone
7182066291
Tax Period
2023-01-01 to 2023-12-31

MEDISYS AMBULANCE SERVICE, founded in 2004, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $1.3M exceeded revenue, resulting in a 34% operating deficit.

Mission

THE CORPORATION IS OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF PROVIDING OR ARRANGING THE PROVISION OF AMBULANCE SERVICES FOR THE PATIENTS AND COMMUNITY SERVED BY THE HOSPITALS, NURSING HOMES AND OTHER HEALTH CARE ORGANIZATIONS AFFILIATED WITH MEDISYS HEALTH NETWORK, INC., AND OTHER HOSPITALS, NURSING HOMES AND HEALTH CARE ORGANIZATIONS WHICH SIMILARLY PROVIDE HEALTH CARE TO PERSONS IN NEW YORK.

Program Service Accomplishments

Program 1
Expenses: $1,201,326 Revenue: $1,007,977

PROVIDING OR ARRANGING FOR THE PROVISION OF AMBULANCE SERVICES FOR THE PATIENTS AND COMMUNITY SERVED BY THE HOSPITALS, NURSING HOMES, AND OTHER HEALTH CARE ORGANIZATIONS AFFILIATED WITH MEDISYS...

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PROVIDING OR ARRANGING FOR THE PROVISION OF AMBULANCE SERVICES FOR THE PATIENTS AND COMMUNITY SERVED BY THE HOSPITALS, NURSING HOMES, AND OTHER HEALTH CARE ORGANIZATIONS AFFILIATED WITH MEDISYS HEALTH NETWORK, INC.

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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 $0
Program Service Revenue $1,007,977
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,007,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $743,262
Fundraising Expenses $0
Program Expenses $1,201,326
Other Expenses $605,922
TOTAL EXPENSES $1,349,184

Year-over-Year Comparison

2023 2022 Change
Revenue $1,007,977 $989,359 +0.0%
Expenses $1,349,184 $1,314,793 +0.0%
Net Income $-341,207 $-325,434 +0.0%
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
4
Independent Members
N/A
Employees
36
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
4
$6,355,651
Total Directors
4
$6,355,651
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE FLANZ PRESIDENT & CEO 2.50
Officer Director
$0 $62,218 $3,039,589
FREDERICK BEEKMAN TREASURER 1.00
Officer Director
$0 $64,218 $605,874
MOUNIR F DOSS EXECUTIVE VP & CFO 2.50
Officer Director
$0 $62,218 $1,895,670
WILLIAM LYNCH SECRETARY 1.00
Officer Director
$0 $32,483 $814,518
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 No data No data No data No data
2023 $1,007,977 $1,349,184 $658,525 $-341,207
2022 $989,359 $1,314,793 $659,364 $-325,434
2021 $776,648 $1,114,401 $663,267 $-337,753
2020 $687,963 $1,253,631 $685,850 $-565,668
2019 $600,701 $990,830 $733,500 $-390,129
2018 $625,222 $961,581 $765,095 $-336,359
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