Schroon Lake Emergency Squad Inc (EIN 823097387) - 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

2017

Legal Domicile

Principal Officer

Douglas Boustead

Phone

5183788719

Tax Period

2024-01-01 to 2024-12-31

Schroon Lake Emergency Squad Inc, founded in 2017, is a small nonprofit in the Health Care sector that reported $736K in total revenue in fiscal year 2024.

Mission

To provide emergency medical ambulance services to the Town of Schroon Town of North Hudson and neighboring communities

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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 $63,208

Program Service Revenue $634,250

Investment Income $38,736

Other Revenue $0

TOTAL REVENUE $736,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $737,983

Other Expenses $737,983

TOTAL EXPENSES $737,983

Year-over-Year Comparison

	2024	2023	Change
Revenue	$736,194	$713,070	+0.0%
Expenses	$737,983	$703,593	+0.0%
Net Income	$-1,789	$9,477	-1.2%

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

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
MARK GRANGER	Director	Director	$0	$0	$0
ROBERT HAAS	Director	Director	$0	$0	$0
WILLIAM TRIBOU	Director	Director	$0	$0	$0
STEPHEN MILLER	President	Officer	$0	$0	$0
FRANCINE RAMIREZ	Vice President	Officer	$0	$0	$0
ARLENE WHITTY	Secretary	Officer	$0	$0	$0
DOUGLAS BOUSTEAD	Treasurer	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
2024	$736,194	$737,983	$1,118,940	$-1,789
2023	$713,070	$703,593	$1,123,218	$9,477
2022	$628,603	$623,941	$1,104,179	$4,662
2021	$493,511	$471,053	$1,096,887	$22,458
2020	$584,406	$419,149	$1,260,507	$165,257
2018	$383,979	$296,118	$706,737	$87,861

Schroon Lake Emergency Squad Inc