MEDISYS AMBULANCE SERVICE (EIN 542124788) - Form 990 Financial Analysis & Trantor Score

🔒

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

2004

Legal Domicile

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

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

🔒

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 (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

🔒

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

N/A

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

$6,355,651

Total Directors

$6,355,651

Key Employees

Highest Compensated

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

MEDISYS AMBULANCE SERVICE