Gold Cross Ambulance Inc

Nonprofit profile at a glance

EIN
391942957
IRS 990 coverage
2010–2011
Forms available
Form 990 2011
Location
Rochester, MN, USA
Phone
5075381297
Rating confidence
Limited
Sector
Ambulance, Emergency Medical Transport Services

Official website

Reported finances

Revenue
$849,899
Expenses
$915,860
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

12 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide superior patient care, at a reasonable cost in a way that engages the whole team, working together in clinical practice, education and research.

What it reported doing in 2011

Community benefit: (see schedule o)community benefit: gold cross has been designated by the american heart association (aha) as a community training center (ctc) for the aha which has established gold cross as a provider of emergency cardiac care training at various professional levels for the aha. Gold cross provides customized educational and training programs to the public, mayo clinic, mayo foundation and public safety agencies including medical-legal issues, osha requirements, environmental emergencies and other courses specific to customer needs. Throughout 2011, over 30,000 people were trained through the ctc operated by gold cross.gold cross donates training time to a variety of cities, counties, fire departments, emergency medical service agencies, as well as the general public. Gcwi has demonstrated this commitment by supporting various associations including the eau claire county ems council, the eau claire ad-hoc workgroup for ems system evaluation, the emergency department integration committee, the eau claire public health emergency preparedness committee, the regional trauma advisory council (rtac), the eau claire county emergency crisis committee, the wi ems advisory board, and the american heart association. Gcwi employees provide a variety of safety-related programs to various communities, businesses, and schools. Gcwi employees participated in a large number of community events, school career fairs, student tours, brownie troops, cub scouts, boy scouts, various parades, head start events and health fairs, among others. The number of hours donated for these activities is estimated at almost 80 hours. The estimated dollar value of these efforts and other donated services exceeded $4,000.in rochester, mn, gold cross is proud to have attained the nation's highest survival rate for "out-of-hospital" ventricular fibrillation cardiac arrest victims. Gold cross' research demonstrated the value of, and has resulted in nationwide efforts to place automatic defibrillators in police and other first response vehicles. At the end of 2011, gold cross had 20 research projects underway, which will help shape care provided to patients in the out of hospital setting in the future. These research projects include projects related to cardiac patients, stroke patients, airway management tools and techniques and other critical treatments for patients served by gold cross and all of ems across the nation. Research projects are established and coordinated through the mayo clinic medical transport committee and comply with the standards of mayo clinic in all aspects. The information published is the result of collaborative efforts between gold cross and regional hospitals. Gold cross has requested and received "institutional review board" (irb) approval from the regional hospitals demonstrating the quality of research being conducted by gold cross. In another research project, a statistically significant improvement in patient satisfaction related to comfort of the patient during transports was measured directly related to a "driver feedback system" which monitors various vehicle forces related to movement. Other research projects underway, directly related to patient care, include a retrospective review of spinal immobilization efficacy, a community cardiac arrest study, trauma review studies, and a retrospective 12-lead ecg study related to st elevation in myocardial infarction patients. All research projects are well integrated with other medical institutions, including irb approvals where appropriate. These are in addition to internal quality assurance and improvement studies done within gold cross to continually improve patient care. Results of internal studies are shared in various venues to promote a higher level of care for patients served by the ems industry nationwide.many local communities cannot upgrade their ambulance service from basic (bls) to advanced (als) because volunteers do not have accessible training. Inspired

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 68
  • Accountability: 32
  • Sustainability: 9
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 46th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -7.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 39.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 8.3% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $817K in reported program spending
  • Leadership: top reported pay $891K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 2 filing years from 2010 to 2011
  • Money network: 1 filed money-flow record
  • Related organizations: 62 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.