HANCOCK RESCUE SQUAD INC (EIN 237659515) - Form 990 Financial Analysis & Trantor Score

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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

1968

Legal Domicile

Principal Officer

DEBORAH COHILL

Phone

3016786774

Tax Period

2024-01-01 to 2024-12-31

HANCOCK RESCUE SQUAD INC, founded in 1968, is a small nonprofit in the Public Safety sector that reported $951K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDING RESCUE, TRANSPORTATION AND MEDICAL SERVICES TO THOSE IN NEED.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $190,826

Program Service Revenue $748,359

Investment Income $1,467

Other Revenue $10,504

TOTAL REVENUE $951,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $603,508

Fundraising Expenses $4,478

Program Expenses $1,017,855

Other Expenses $452,779

TOTAL EXPENSES $1,056,287

Year-over-Year Comparison

	2024	2023	Change
Revenue	$951,156	$1,081,969	-0.1%
Expenses	$1,056,287	$961,929	+0.1%
Net Income	$-105,131	$120,040	-1.9%

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

N/A

Employees

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
SCOTT BUSKIRK	PRESIDENT/DIRECTOR	20.00	Officer Director	$0	$0	$0
DEBORAH COHILL	TREASURER/DIRECTOR	20.00	Officer Director	$0	$0	$0
ELIZABETH BUSKIRK	SECRETARY/DIRECTOR	10.00	Officer Director	$0	$0	$0
STEPHEN BARNHART	CHIEF	15.00	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
2024	$951,156	$1,056,287	$1,534,080	$-105,131
2024	No data	No data	No data	No data
2023	$1,081,969	$961,929	$1,650,766	$120,040
2022	$777,381	$891,342	$1,571,465	$-113,961
2021	$981,824	$931,189	$1,755,866	$50,635
2020	$957,055	$764,001	$1,583,697	$193,054
2019	$675,997	$733,436	$1,458,039	$-57,439
2018	$729,059	$754,624	$1,573,000	$-25,565

HANCOCK RESCUE SQUAD INC