Franklin Lakes Volunteer Ambulance Corps Inc
- Assets
- $1.5m
- Revenue
- $263.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin Lakes, NJ
- Founding
- 07/1967
- Data as of
- 12/2021
- EIN
- 22-6089554
Organization Overview
Franklin Lakes Volunteer Ambulance Corps Inc is located in Franklin Lakes, NJ. The organization was established in 1967. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franklin Lakes Volunteer Ambulance Corps Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Franklin Lakes Volunteer Ambulance Corps Inc generated $263.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $100.8k during the year ending 12/2021. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMERGENCY FIRST AID SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
24 HOUR VOLUNTEER EMERGENCY FIRST AID AND AMBULANCE SERVICE TO ALL RESIDENTS, TRAVELERS, AND VISITORS WITHIN THE BOROUGH OF FRANKLIN LAKES, NJ AND OTHER MUNICIPALITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Di Mond President | Officer | 2 | $0 |
Linda Finnan Secretary | Officer | 2 | $0 |
Dana Kukol Vice Preside | Officer | 2 | $0 |
Nickolas Pokrovsky Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,834 |
| Total Program Service Revenue | $0 |
| Investment income | $180,492 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $263,342 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,534 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $999 |
| Information technology | $0 |
| Royalties | $36 |
| Occupancy | $455 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,969 |
| Insurance | $0 |
| All other expenses | $7,608 |
| Total functional expenses | $100,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,418 |
| Savings and temporary cash investments | $1,238,490 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $89,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,526,184 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,363,618 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $162,566 |
| Total liabilities and net assets/fund balances | $1,526,184 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Franklin Lakes Volunteer Ambulance Corps Inc has recieved totaling $350.
| Awarding Organization | Amount |
|---|---|
Vespa Family Foundation Inc Franklin Lakes, NJ PURPOSE: TO FUND NORMAL OPERATIONS | $250 |
Henry & Elaine Kaufman Foundation Inc Albany, NY PURPOSE: GENERAL CHARITABLE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mutual Aid Ambulance Service Inc Greensburg, PA | $44,444,924 | $14,449,938 |
West Shore Advanced Life Support Services Inc Danville, PA | $4,322,836 | $8,075,323 |
Newark Emergency Center Inc Newark, DE | $4,693,292 | $9,323,045 |
Citizens Ambulance Service Inc Indiana, PA | $6,360,824 | $7,630,911 |
Southern Berks Regional Emergency Medical Services Reading, PA | $1,156,028 | $3,865,675 |
Volunteer Medical Service Corps Of Lansdale Lansdale, PA | $5,950,419 | $3,686,186 |
Emergency Medical Service Institute Pittsburgh, PA | $989,852 | $2,648,071 |
Community Ambulance Association Of Ambler Ambler, PA | $2,524,148 | $2,267,372 |
Pennsylvania Trauma Systems Foundation Mechanicsburg, PA | $5,623,660 | $3,204,268 |
Princeton First Aid And Rescue Squad Inc Princeton, NJ | $13,849,591 | $2,011,463 |
Emergency Health Services Federation Inc New Cumberland, PA | $684,179 | $2,130,524 |
Southbridge Emergency Medical Services Inc Bridgeville, PA | $2,897,680 | $2,315,920 |