Lifecare Ambulance

What it reported doing in 2024

The company provides a substantial portion of its services to the elderly and poor. During the fiscal year lifecare ambulance provided transports to elderly patients under the medicare program, as well as to patients who were deemed indigent under state, county, or medicaid center guidelines.patient transport servicesthe company serves four counties with a medical staff of emergency medical technicians and paramedics.community benefit activitiesas a community-owned nonprofit, lifecare ambulance recognizes that part of their mission is to give back to the community. The company coordinates various programs and offers them free of charge to the community. Our goals for these programs, which are targeted to various age groups, are the following: to provide information on ems in general and mca specifically and to provide programs on safety, injury prevention, and health improvement. The types of programs, events and appearances are illustrated below: community education programsblogs and social media campaigns to provide basic education, news and information to the community.presentations and ambulance tours ages 5-18 to cover how to call 911, what paramedics do, basic first aid, and other simple safety messages.presentations to older children and young adults about considering ems as a career.help scout troops receive first aid badges.presentations to adult groups who lifecare is, lifecare services, how ems works, emergency preparedness.presentations to seniors any or all of the following topics: who lifecare is, lifecare services, how ems works, emergency preparedness, advance medical directives, preventing falls.demonstration and education hands-only cpr for all ages.staffing exhibits at business expos, health fairs and career fairs where we answer questions and distribute literature, sometimes demonstrate automated external defibrillators (aeds).

Financial Efficiency

• Mission deployment rate: 86.9%; rating input score 87
• Program expense ratio: 88.2%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.3%; rating input score 34; 34th percentile among comparable filings
• Total-asset coverage ratio: 0.59; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 0.3%; rating input score 91; 91st percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 2.4% per year; rating input score 100; 20th percentile among comparable filings