Chase City Rescue Squad Inc

EIN: 237192896 501(c)(3)

Chase City, VA

Total Revenue
$20,319
Total Expenses
$22,510
Total Assets
$1,788,149
Net Assets
$1,788,149
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
VA
Principal Officer
Bobby Lester
Phone
4343722144
Tax Period
2024-01-01 to 2024-12-31

Chase City Rescue Squad Inc, founded in 1921, is a small nonprofit that reported $518K in total revenue in fiscal year 2018. Net assets of $2.2M represent 50 months of operating reserves.

Mission

rescue squad

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,221
Program Service Revenue $0
Investment Income $98
Other Revenue $0
TOTAL REVENUE $20,319

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,455
Fundraising Expenses $0
Program Expenses $22,510
Other Expenses $14,055
TOTAL EXPENSES $22,510

Year-over-Year Comparison

2024 2023 Change
Revenue $20,319 $668,735 -1.0%
Expenses $22,510 $635,277 -1.0%
Net Income $-2,191 $33,458 -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

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Governance

Voting Members
3
Independent Members
3
Employees
18
Volunteers
9

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bobby Lester President 40.00
Officer
$0 $0 $0
C W Carter Board Member 20.00
Officer
$0 $0 $0
Courtney Overholtz Supervisor 20.00
Officer
$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
2024 $20,319 $22,510 $1,788,149 $-2,191
2023 $668,735 $635,277 $1,788,444 $33,458
2022 $822,301 $1,131,621 $2,051,202 $-309,320
2021 $654,453 $925,941 $2,195,724 $-271,488
2020 $544,333 $560,759 $2,273,084 $-16,426
2019 $610,058 $554,716 $2,304,275 $55,342
2018 $518,247 $523,433 $2,156,962 $-5,186
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