Randolph Rescue Squad Inc

Nonprofit profile at a glance

EIN
222018825
IRS 990 coverage
2014–2018
Forms available
Form 990 2018
Location
Randolph, NJ, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Ambulance, Emergency Medical Transport Services

Official website

Reported finances

Revenue
$144,758
Expenses
$169,614
Assets
$855,793
Liabilities
$498,425

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ADAM GLAUBERG (VICE PRESIDENT)
  • STEPHEN JANCAREK (PRESIDENT)

People named in this filing

  • ADAM GLAUBERG (VICE PRESIDENT)
  • MICHELE DEMPSEY (TREASURER)
  • LARRY MELEONE (BMFF)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Medical and emergency rescue operations for the township of randolph, nj.

What it reported doing in 2018

The organization provides transport services to local hospitals and standby services at fire calls and various community events. The organizations fleet includes three ambulances, a rescue truck, and two first response vehicle. The fleet is owned by the township of randolph, nj but is maintained and housed at the organizations buildings.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Accountability: 88
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.9%; rating input score 99
  • Program expense ratio: 91%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.2%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 5.05; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: -6.1% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -4.5% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 98.9% of revenue deployed · 91% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $154K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.