FRIENDS OF HAITI AIR AMBULANCE SERVICE INC

EIN: 923455350 501(c)(3) Health Care

MELVILLE, NY

Total Revenue
$551,437
Total Expenses
$521,763
Total Assets
$102,335
Net Assets
$46,549
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NY
Principal Officer
DAVID ELLIS
Phone
6315948471
Tax Period
2024-10-01 to 2025-09-30

FRIENDS OF HAITI AIR AMBULANCE SERVICE INC, founded in 2023, is a small nonprofit in the Health Care sector that reported $551K in total revenue in fiscal year 2024. Revenue surged 154% from the prior year, signaling strong growth momentum. Expenses of $522K left a modest 5% surplus.

Mission

ITS PRIMARY MISSION IS TO SUPPORT AND ADVANCE AIR AMBULANCE AND EMERGENCY MEDICAL SERVICES, INCLUDING PROVIDING FUNDING, GRANTS, AND OTHER ASSISTANCE TO AFFILIATED ORGANIZATIONS THAT DELIVER CRITICAL MEDICAL TRANSPORT AND CARE, PARTICULARLY IN UNDERSERVED COMMUNITIES. THE ORGANIZATION CARRIES OUT ITS MISSION THROUGH FUNDRAISING, GRANTMAKING, AND COLLABORATION WITH OTHER CHARITABLE ORGANIZATIONS TO IMPROVE ACCESS TO LIFE-SAVING MEDICAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $520,000 Revenue: $551,437

THE ORGANIZATION WAS FORMED TO SUPPORT AND ADVANCE CHARITABLE ACTIVITIES RELATED TO AIR AMBULANCE AND EMERGENCY MEDICAL TRANSPORT SERVICES. WHILE THE ORGANIZATION WAS UNABLE TO PERFORM EMERGENCY...

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THE ORGANIZATION WAS FORMED TO SUPPORT AND ADVANCE CHARITABLE ACTIVITIES RELATED TO AIR AMBULANCE AND EMERGENCY MEDICAL TRANSPORT SERVICES. WHILE THE ORGANIZATION WAS UNABLE TO PERFORM EMERGENCY MEDICAL TRANSPORT SERVICES DURING THE CURRENT YEAR THEY MADE DONATIONS TO THE HAITIAN FOUNDATION OF $520,000 TO HELP THEM PERFORM THE PROGRAM SERVICE ACTIVITIES.

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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 $551,437
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $551,437

Expense Breakdown

Grants Paid $520,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $520,000
Other Expenses $1,763
TOTAL EXPENSES $521,763

Year-over-Year Comparison

2024 2023 Change
Revenue $551,437 $216,915 +1.5%
Expenses $521,763 $200,040 +1.6%
Net Income $29,674 $16,875 +0.8%
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
4
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
1
$143,347
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK DOLAN BOARD DIRECTOR/PRESIDENT 1.00
Director
$0 $0 $0
STACY WOLF BOARD DIRECTOR/TREASURER 1.00
Director
$0 $0 $0
SEBASTIAN MEROVE-PIERRE BOARD DIRECTOR 1.00
Director
$0 $0 $0
DAVID ELLIS EXECUTIVE DIRECTOR/BOARD SECRETARY 5.00
Officer
$0 $0 $143,347
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 $551,437 $521,763 $102,335 $29,674
2024 $216,915 $200,040 $72,761 $16,875
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