FRONTIER AMBULANCE CORPORATION

EIN: 751373915 501(c)(3) Health Care

MORTON, TX

Total Revenue
$520,892
Total Expenses
$135,050
Total Assets
$461,045
Net Assets
$461,045
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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
2008
Legal Domicile
TX
Tax Period
2023-01-01 to 2023-12-31

FRONTIER AMBULANCE CORPORATION, founded in 2008, is a small nonprofit in the Health Care sector that reported $521K in total revenue in fiscal year 2023. The organization ran a surplus of $386K, a strong 74% operating margin.

Mission

RURAL EMERGENCY MEDICAL SERVICES

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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 $520,407
Program Service Revenue $0
Investment Income $484
Other Revenue $1
TOTAL REVENUE $520,892

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $134,615
Other Expenses $135,050
TOTAL EXPENSES $135,050

Year-over-Year Comparison

2023 2022 Change
Revenue $520,892 N/A N/A
Expenses $135,050 N/A N/A
Net Income $385,842 N/A N/A
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
5
Independent Members
5
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD LEVITT BOARD MEMBER 1.00
Director
$0 $0 $0
MATT PATTERSON BOARD MEMBER 1.00
Director
$0 $0 $0
TIM ROBERTS TREASURER 1.00
Officer
$0 $0 $0
JOHN SCHMIDT PRESIDENT 10.00
Officer
$0 $0 $0
DURWOOD STOCKMAN VICE PRESIDENT 1.00
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
2023 $520,892 $135,050 $461,045 $385,842
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