Civic Intelligence

Southern Oswego Volunteer Ambulance

EIN 23-7389741 • 501(c)3 • Central Square, NY

Profile

Ambulance corps - serving the local community 2014 responded to 1840 calls

PO Box 209Central Square, NY 13036

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

5th percentile

-64%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$1,341

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

18th percentile

-8.5%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,389,133

Down $128,887 (-8.5%) from 2016

Liabilities

Down

$0

Down $46,136 (-100%) from 2016

Net Assets

Down

$1,389,133

Down $82,751 (-5.6%) from 2016

Revenue

Down

$130,284

Down $814,252 (-86%) from 2016

Expenses

Down

$213,035

Down $775,803 (-78%) from 2016

Net Income

Down

-$82,751

Down $38,449 (-87%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,460,251Liabilities 2012: $0Net Assets 2012: $1,460,2512012Assets 2013: $1,550,344Liabilities 2013: $53,154Net Assets 2013: $1,497,1902013Assets 2014: $1,528,830Liabilities 2014: $33,664Net Assets 2014: $1,495,1662014Assets 2015: $1,528,214Liabilities 2015: $14,336Net Assets 2015: $1,513,8782015Assets 2016: $1,518,020Liabilities 2016: $46,136Net Assets 2016: $1,471,8842016Assets 2017: $1,389,133Liabilities 2017: $0Net Assets 2017: $1,389,1332017

Highlighted filing

2017

Assets$1,389,133
Liabilities$0
Net Assets$1,389,133

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $738,9542012Revenue 2013: $894,030Expenses 2013: $857,091Net Income 2013: $36,9392013Revenue 2014: $912,836Expenses 2014: $914,860Net Income 2014: -$2,0242014Revenue 2015: $996,396Expenses 2015: $977,683Net Income 2015: $18,7132015Revenue 2016: $944,536Expenses 2016: $988,838Net Income 2016: -$44,3022016Revenue 2017: $130,284Expenses 2017: $213,035Net Income 2017: -$82,7512017

Highlighted filing

2017

Revenue$130,284
Expenses$213,035
Net Income-$82,751

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 5, 2018
Return Version
2017v2.2
Gross Receipts
$678,604
Mission and Program Overview

Mission

To provide emergency ambulance service to the residents of the hastings, central square, caughdenoy, and west monroe fire districts and/or its environs as may be necessary in any given emergency or as a result of any mutual service agreement between sovac and other agencies or volunteer ambulance services within the state of new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$176,025$857,287▲ $681,262
Land, Buildings, and Equipment, Net$876,150$328,041▼ $548,109
Savings and Temporary Cash Investments$451,659$203,805▼ $247,854
Inventories for Sale or Use$14,186--
Total Assets$1,518,020$1,389,133▼ $128,887
Liabilities
Unsecured Notes Loans Payable$46,136--
Total Liabilities$46,136$0▼ $46,136
Net Assets / Fund Balance
Unrestricted Net Assets$1,471,884$1,389,133▼ $82,751
Total Net Assets Fund Balance$1,471,884$1,389,133▼ $82,751
Total Liabilities and Net Assets / Fund Balance$1,518,020$1,389,133▼ $128,887

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$319,433$41,766-
Land$8,608--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott ClarkExecutive DirectorFT$1,341$1,341

Board Members and Trustees

NameTitle
David TurvereyPresident
Donna BrittonPresident
Bud AdamsDirector
Kenneth ParroteDirector
Miranda DriesenDirector
Sheila TurvereyDirector
Sue EdeeDirector
Rebecca WalshSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,989
Program Service Revenue
$217,964
Investment Income
$-105,119
Other Revenue
$15,450
All Other Contributions
$1,989
Change in Net Assets
$-82,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$109,126
Other Expenses$103,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,435--$90,435
Fees for Services Other$27,251$3,000-$30,251
Depreciation Depletion$13,819--$13,819
Fees for Services Accounting$1,984$10,850-$12,834
Fees for Services Legal-$12,791-$12,791
Payroll Taxes$8,656--$8,656
Occupancy$674$7,418-$8,092
Other Employee Benefits$7,701--$7,701
Fees for Services Management-$7,000-$7,000
Insurance$4,605--$4,605
Current Officers, Directors, Trustees, and Key Employees$1,341--$1,341
Office Expenses-$1,097-$1,097
Advertising$1,003--$1,003
Pension Plan Contributions$993--$993
Information Technology$916--$916
Other Expenses$661$156-$156
Total Functional Expenses$170,723$42,312$0$213,035
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

David turverey and sheila turverey have a family relationship.

Form 990, Part VI, Section A, Line 3

Sovac delegated control over management duties to oswego county ambulance and hearse service, inc. D/b/a menter ambulance effective december 27, 2016.

Form 990, Part VI, Section B, Line 11B

The form 990 is distributed to the full board of directors electronically and a period of time is given to review. After the expiration of this period of time, and after all questions are addressed, the return is filed.

Form 990, Part VI, Section B, Line 15A

The board of directors determines and approves the executive director's compensation.

Form 990, Part VI, Section C, Line 19

Sovac's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Southern Oswego Volunteer Ambulance
EIN
23-7389741
Phone
3156765071
Address
PO BOX 209, CENTRAL SQUARE, NY 13036
Doing Business As
Sovac

Signing Officer

Name
Donna Britton
Title
President
Phone
3156765071
Signed
2018-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Britton
Formed
1972
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
26
Volunteers
8

Preparer

Firm
Bonadio & Co Llp
Address
432 NORTH FRANKLIN STREET, SYRACUSE, NY 13204
Preparer
Timothy Hammond
Phone
3154764004
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Sovac ended operations effective february 13, 2017.

Form 990, Part IX, Line 11G

Medical billing service: program service expenses 27,251. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,251. Real estate appraisal services: program service expenses 0. Management and general expenses 3,000. Fundraising expenses 0. Total expenses 3,000.

FORM 990, PART XII, LINE 1:

Sovac prepares its financial statements on the modified-cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the united states of america (gaap). That basis differs from gaap primarily because sovac hsa not recognized any receivables from services performed or accounts payable to vendors, or their related effects on the change in net assets.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0622621
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019044
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03799
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03659
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03024
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0217964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0775708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0851490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0752703
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0736473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03334338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03799
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03659
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033530
IRS990ScheduleA/InvestmentIncomeCYPct00.00840
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99160
IRS990ScheduleA/PublicSupportPY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt03956959
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0219953
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0944431
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0992737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0908832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0891006
IRS990ScheduleA/Total509Grp/TotalAmt03956959
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0238997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0948230
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0996396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0912836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0894030
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03990489
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0319433
IRS990ScheduleD/BuildingsGrp/DepreciationAmt041766
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0361199
IRS990ScheduleD/LandGrp/BookValueAmt08608
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt08608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0328041
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOVAC ENDED OPERATIONS EFFECTIVE FEBRUARY 13, 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DAVID TURVEREY AND SHEILA TURVEREY HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOVAC DELEGATED CONTROL OVER MANAGEMENT DUTIES TO OSWEGO COUNTY AMBULANCE AND HEARSE SERVICE, INC. D/B/A MENTER AMBULANCE EFFECTIVE DECEMBER 27, 2016.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS ELECTRONICALLY AND A PERIOD OF TIME IS GIVEN TO REVIEW. AFTER THE EXPIRATION OF THIS PERIOD OF TIME, AND AFTER ALL QUESTIONS ARE ADDRESSED, THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOVAC'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEDICAL BILLING SERVICE: PROGRAM SERVICE EXPENSES 27,251. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,251. REAL ESTATE APPRAISAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOVAC PREPARES ITS FINANCIAL STATEMENTS ON THE MODIFIED-CASH BASIS OF ACCOUNTING, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAP). THAT BASIS DIFFERS FROM GAAP PRIMARILY BECAUSE SOVAC HSA NOT RECOGNIZED ANY RECEIVABLES FROM SERVICES PERFORMED OR ACCOUNTS PAYABLE TO VENDORS, OR THEIR RELATED EFFECTS ON THE CHANGE IN NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01518020
IRS990/TotalAssetsEOYAmt01389133
IRS990/TotalAssetsGrp/BOYAmt01518020
IRS990/TotalAssetsGrp/EOYAmt01389133
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01989
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042312
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0170723
IRS990/TotalFunctionalExpensesGrp/TotalAmt0213035
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046136
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt046136
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01471884
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01389133
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0170723
IRS990/TotalProgramServiceRevenueAmt0217964
IRS990/TotalReportableCompFromOrgAmt01341
IRS990/TotalRevenueGrp/ExclusionAmt0-89669
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0217964
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0130284
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01518020
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01389133
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01471884
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01389133
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt046136
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 209
IRS990/USAddress/CityNm0CENTRAL SQUARE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013036
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA BRITTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

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