SVAA FOUNDATION INC

EIN: 884404752 501(c)(3) Health Care

SUFFIELD, CT

Total Revenue
$1,405
Total Expenses
$2,203
Total Assets
$497,599
Net Assets
$497,599
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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
2022
Legal Domicile
CT
Principal Officer
ANDREW E WAKEFIELD MD
Phone
8603350805
Tax Period
2025-01-01 to 2025-06-30

SVAA FOUNDATION INC, founded in 2022, is a micro nonprofit in the Health Care sector that reported $1K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 57% operating deficit.

Mission

FINANCIALLY SUPPORT THE SUFFIELD VOLUNTEER AMBULANCE ASSOCIATION INC. IN ITS EFFORT TO PROVIDE VOLUNTEER AMBULANCE SERVICES TO SUFFIELD CT AND IMMEDIATELY SURROUNDING TOWNS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,405
Other Revenue $0
TOTAL REVENUE $1,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,203
TOTAL EXPENSES $2,203

Year-over-Year Comparison

2024 2023 Change
Revenue $1,405 $454,224 -1.0%
Expenses $2,203 $3,221 -0.3%
Net Income $-798 $451,003 -1.0%
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
3
Independent Members
3
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW E WAKEFIELD MD PRESIDENT 4.00
Officer Director
$0 $0 $0
RENAE RANSDELL TREASURER 4.00
Officer Director
$0 $0 $0
SHERI KREPS SECRETARY 4.00
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
2025 $1,405 $2,203 $497,599 $-798
2024 $454,224 $3,221 $474,923 $451,003
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