Sonco Ambulance Inc
Bruce Xing, Michigan
B+Health Score
71B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$656K
Total Revenue
📊
$609K
Total Expenses
🏦
$1.3M
Net Assets
📋
$8K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+0.4%
Year-over-year change (2022 → 2023)
Net Margin
+7.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.06
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $655,747 | $609,128↑6% | $1,261,658↑4% | |
| 2022 | $653,231 | $573,972↓5% | $1,207,372↑7% | — |
| 2021 | $654,135↑30% | $606,110↑9% | $1,128,113↑4% | — |
| 2020 | $502,950↑12% | $556,214↑11% | $1,080,088↓5% | — |
| 2019 | $448,486↓13% | $501,755↑34% | $1,133,352↓4% | — |
| 2018 | $513,922↓4% | $373,826↑2% | $1,186,621↑13% | — |
| 2017 | $532,792↑22% | $365,834↑1% | $1,046,525↑19% | — |
| 2016 | $435,015↓3% | $363,223↑2% | $879,567↑9% | — |
| 2015 | $447,649↓19% | $355,997↓1% | $807,775↑13% | — |
| 2014 | $551,827↑31% | $359,445↑8% | $716,123↑37% | — |
| 2013 | $422,202↑1% | $333,867↓6% | $523,741↑20% | — |
| 2012 | $419,732 | $353,410 | $435,406 | — |
Frequently Asked Questions
What does Sonco Ambulance Inc do?▼
Sonco Ambulance Inc is a public safety, disaster preparedness & relief nonprofit organization based in Michigan. It is classified under NTEE code M23 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sonco Ambulance Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Sonco Ambulance Inc.
How much revenue does Sonco Ambulance Inc generate?▼
Sonco Ambulance Inc reports $1.2M in annual revenue and holds $1.9M in total assets, based on IRS filings.
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