NORTHERN GARRETT COUNTY RESCUE SQUAD INC (EIN 520996350) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

TERRY SPEAR

Phone

3018955520

Tax Period

2023-10-01 to 2024-09-30

NORTHERN GARRETT COUNTY RESCUE SQUAD INC, founded in 1972, is a small nonprofit in the Health Care sector that reported $634K in total revenue in fiscal year 2023. Expenses of $831K exceeded revenue, resulting in a 31% operating deficit.

Mission

EMERGENCY/RESCUE SERVICES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $156,642

Program Service Revenue $406,618

Investment Income $69,587

Other Revenue $741

TOTAL REVENUE $633,588

Expense Breakdown

Grants Paid $4,758

Salaries & Benefits $320,818

Fundraising Expenses $1,016

Program Expenses $710,298

Other Expenses $505,558

TOTAL EXPENSES $831,134

Year-over-Year Comparison

	2023	2022	Change
Revenue	$633,588	$587,043	+0.1%
Expenses	$831,134	$584,724	+0.4%
Net Income	$-197,546	$2,319	-86.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$9,420

Total Directors

$525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY SPEAR	CHAIRMAN	10.00	Officer	$9,420	$0	$9,420
MARK MEDLIN	VICE CHAIRMAN	5.00	Officer	$0	$0	$0
NANCY SAVAGE	SECRETARY	15.00	Officer Key Emp	$0	$0	$0
JAMES WILEY JR	DIRECTOR	5.00	Director	$525	$0	$525
LUCRETIA SINES	DIRECTOR	5.00	Director	$0	$0	$0
GARY TOWNSHEND	DIRECTOR	5.00	Director	$0	$0	$0
HAROLD FIKE	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$633,588	$831,134	$2,002,229	$-197,546
2023	$485,766	$627,214	$2,359,293	$-141,448
2022	$587,043	$584,724	$2,403,536	$2,319
2021	$679,147	$610,315	$2,285,800	$68,832
2020	$543,014	$576,371	$2,307,022	$-33,357
2019	$523,694	$613,595	$2,367,408	$-89,901
2018	$466,918	$721,986	$2,620,466	$-255,068

NORTHERN GARRETT COUNTY RESCUE SQUAD INC