East Hanover Volunteer Rescue Squad Inc (EIN 237032766) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

Christine Currie

Phone

8047465883

Tax Period

2023-07-01 to 2024-06-30

East Hanover Volunteer Rescue Squad Inc, founded in 1969, is a micro nonprofit that reported $76K in total revenue in fiscal year 2018. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $131K exceeded revenue, resulting in a 72% operating deficit.

Mission

Provide 24/7 emergency care and ambulance service to the citizens in eastern Hanover County, Virginia, responding to 1,125 calls, annually

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $267,238

Program Service Revenue $0

Investment Income $374

Other Revenue $0

TOTAL REVENUE $267,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,558

Program Expenses $243,726

Other Expenses $263,259

TOTAL EXPENSES $263,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$267,612	$224,507	+0.2%
Expenses	$263,259	$280,645	-0.1%
Net Income	$4,353	$-56,138	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Parrish	President	6.00	Officer Director	$0	$0	$0
Lisa Saunders	Vice President	6.00	Officer Director	$0	$0	$0
Cindy Olson	Secretary	2.00	Officer Director	$0	$0	$0
Christine Currie	Treasurer	8.00	Officer Director	$0	$0	$0
Kimberly Thurston	Finance	5.00	Officer Director	$0	$0	$0
Richard Troxel	Public Relations	8.00	Officer Director	$0	$0	$0
Ashley Foster	Training	4.00	Officer Director	$0	$0	$0
Tom Gurley	Equipment	8.00	Officer Director	$0	$0	$0
Chris Parrish	Captain	24.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$267,612	$263,259	$817,977	$4,353
2023	$224,507	$280,645	$743,069	$-56,138
2022	$226,146	$306,806	$793,435	$-80,660
2021	$251,426	$314,791	$904,829	$-63,365
2020	$157,217	$119,759	$1,245,687	$37,458
2019	$75,949	$130,773	No data	$-54,824

East Hanover Volunteer Rescue Squad Inc