RINGGOLD VOLUNTEER FIRE & RESCUE INC

EIN: 521300114 501(c)(3) Public Safety

RINGGOLD, VA

Total Revenue
$228,267
Total Expenses
$543,388
Total Assets
$2,384,306
Net Assets
$2,384,306
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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
2001
Legal Domicile
VA
Principal Officer
JENNIFER STATZER
Phone
4347930110
Tax Period
2024-01-01 to 2024-12-31

RINGGOLD VOLUNTEER FIRE & RESCUE INC, founded in 2001, is a small nonprofit in the Public Safety sector that reported $228K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $543K exceeded revenue, resulting in a 138% operating deficit.

Mission

COMMUNITY VOLUNTEER FIRE FIGHTING AND PREVENTION BY UNPAID VOLUNTEERS. GRANTS LARGELY FROM LOCAL GOVERNMENT OF THE COMMUNITY SERVICED.

Program Service Accomplishments

Program 1
Expenses: $528,359 Revenue: $160,444

SERVE COMMUNITY WITH FIRE FIGHTING AND EMERGENCY MEDICAL TRANSPORT 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $171,335
Program Service Revenue $160,444
Investment Income $-197,929
Other Revenue $94,417
TOTAL REVENUE $228,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,904
Fundraising Expenses $0
Program Expenses $528,359
Other Expenses $365,484
TOTAL EXPENSES $543,388

Year-over-Year Comparison

2024 2023 Change
Revenue $228,267 $408,028 -0.4%
Expenses $543,388 $428,017 +0.3%
Net Income $-315,121 $-19,989 +14.8%
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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Governance

Voting Members
11
Independent Members
11
Employees
30
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
4
$6,182
Total Directors
11
$37,195
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIBORN KEISTER WHITT BOARD CHAIRMAN 2.00
Officer Director
$0 $0 $0
CHRISTOPHER EASTWOOD BOARD VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
JENNIFER STATZER TREASURER 2.00
Officer Director
$6,182 $0 $6,182
MICHAEL NEAL DIRECTOR 2.00
Director
$9,202 $0 $9,202
BEN FOSTER DIRECTOR 2.00
Director
$0 $0 $0
BERT SELLERS DIRECTOR 2.00
Director
$0 $0 $0
BOBBY WILKERSON DIRECTOR 2.00
Director
$0 $0 $0
JASON SWARINGEN DIRECTOR 2.00
Director
$0 $0 $0
DAVID ADKINS DIRECTOR 2.00
Director
$6,265 $0 $6,265
JACOB ADKINS DIRECTOR 2.00
Director
$15,546 $0 $15,546
JIMMY HOLLIE SECRETARY 2.00
Officer 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 $228,267 $543,388 $2,384,306 $-315,121
2023 $408,028 $428,017 $2,699,427 $-19,989
2022 $381,736 $393,460 $2,719,416 $-11,724
2021 $404,556 $358,254 $2,731,140 $46,302
2020 $432,287 $430,834 $2,684,838 $1,453
2019 $215,375 $493,591 $2,751,096 $-278,216
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