NEREMS INC (EIN 550593136) - 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

2001

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NEREMS INC, founded in 2001, is a micro nonprofit that reported $11K in total revenue in fiscal year 2023. Expenses of $25K exceeded revenue, resulting in a 133% operating deficit.

Mission

PROMOTE AND PROVIDE CONTINUING EDUCATION AND INFO SHARING WITH EMS PROVIDERS. CORPORATION WAS INACTIVE FOR 2020-2022 DUE TO COVID RESTRICTIONS. IN THE PROCESS OF RE-ESTABLISHING EMS TRAINING & EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $10,726

Other Revenue $0

TOTAL REVENUE $10,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,986

Other Expenses $24,986

TOTAL EXPENSES $24,986

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,726	N/A	N/A
Expenses	$24,986	$2,578	+8.7%
Net Income	$-14,260	$-2,578	+4.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEREK ALT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PRATT	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG COX	DIRECTOR	1.00	Director	$0	$0	$0
PAUL G MALLOW	DIRECTOR	1.00	Director	$0	$0	$0
RICK STONESTREET	DIRECTOR	1.00	Director	$0	$0	$0
GARY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN RATCLIFF	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES KING	DIRECTOR	1.00	Director	$0	$0	$0
W BRIAN COSTELLO	DIRECTOR	1.00	Director	$0	$0	$0
RANDALL BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD HANNON	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG HORN	PRESIDENT	2.00	Officer Director	$0	$0	$0
KEVIN DUCKWALL	TREASURER	4.00	Officer Director	$0	$0	$0
DONNA STEWARD	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES WELLER II	VICE PRESIDENT	2.00	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	No data	No data	No data	No data
2023	$10,726	$24,986	$321,313	$-14,260
2022	No data	$2,578	$335,573	No data
2021	$35,634	$2,052	$338,151	$33,582
2020	$11,809	$1,985	$304,569	$9,824
2019	$14,812	$9,744	$294,745	$5,068
2018	$15,774	$1,979	$289,677	$13,795

NEREMS INC