HARDY LIFE SAVING AND RESCUE INC

EIN: 510168114 501(c)(3) Public Safety

Hardy, VA

Total Revenue
$50,897
Total Expenses
$50,756
Total Assets
$1,288,377
Net Assets
$1,288,377
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
VA
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 $49K in total revenue in fiscal year 2020. Revenue decreased 9% compared to the prior year. Expenses of $46K left a modest 5% surplus.

Mission

Provide emergency services in the Hardy Community of Bedford County

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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 (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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
15

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
5
$0
Key Employees
0
$0
Highest Compensated
0
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
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