HARDY LIFE SAVING AND RESCUE INC

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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

1974

Legal Domicile

Principal Officer

Lisa Hale

Phone

5408906646

Tax Period

2021-01-01 to 2021-12-31

HARDY LIFE SAVING AND RESCUE INC, founded in 1974, is a micro nonprofit in the Public Safety sector that reported $51K in total revenue in fiscal year 2021. Net assets of $1.3M represent 304 months of operating reserves.

Mission

Provide emergency services to the Hardy Community of Bedford County, VA.

Program Service Accomplishments

Program 1

Expenses: $50,756 Revenue: $0

Hardy Life Saving and Rescue responded to over 25 calls for emergency services.

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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 (2021)

Revenue Breakdown

Contributions & Grants $50,225

Program Service Revenue $0

Investment Income $672

Other Revenue $0

TOTAL REVENUE $50,897

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,756

Other Expenses $50,756

TOTAL EXPENSES $50,756

Year-over-Year Comparison

	2021	2020	Change
Revenue	$50,897	$48,532	+0.0%
Expenses	$50,756	$46,173	+0.1%
Net Income	$141	$2,359	-0.9%

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

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
Lisa Hale	Captain	20	Officer Director	$0	$0	$0
Timothy Slaughter	President	15	Officer Director	$0	$0	$0
Wesley Gordon	Treasurer	5	Officer Director	$0	$0	$0
Connie Wilson	Director	2	Director	$0	$0	$0
Jeff Hodges	Director	2	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
2021	$50,897	$50,756	$1,288,377	$141
2020	$48,532	$46,173	$1,288,236	$2,359