CLEVELAND COUNTY LIFESAVING & RESCUE SQUAD INC

EIN: 237211852 501(c)(3)

KINGS MOUNTAIN, NC

Total Revenue
$3,570
Total Expenses
$90,078
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NC
Tax Period
2023-01-01 to 2023-12-31

CLEVELAND COUNTY LIFESAVING & RESCUE SQUAD INC, founded in 1958, is a micro nonprofit that reported $4K in total revenue in fiscal year 2023. Expenses of $90K exceeded revenue, resulting in a 2423% operating deficit.

Mission

EMERGENCY RESCUE & LIFESAVING OF CITIZENS IN THEIR FRANCHISED AREA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,570
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,442
Other Expenses $90,078
TOTAL EXPENSES $90,078

Year-over-Year Comparison

2023 2022 Change
Revenue $3,570 N/A N/A
Expenses $90,078 N/A N/A
Net Income $-86,508 N/A N/A
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
8
Independent Members
5
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY H STEWART ACCOUNTANT 0.00
$0 $0 $0
DONNA ROSE SECRETARY 0.00
$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
2023 $3,570 $90,078 No data $-86,508
2022 $525,321 $320,101 $676,649 $205,220
2021 $713,090 $631,150 $741,011 $81,940
2020 $509,475 $462,905 $652,956 $46,570
2019 $335,255 $410,492 $515,091 $-75,237
2018 $386,828 $378,452 $610,806 $8,376
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