COLONIAL BEACH RESCUE SQUAD INC

EIN: 541025311 501(c)(3) Public Safety

COLONIAL BEACH, VA

Total Revenue
$108,306
Total Expenses
$67,051
Total Assets
$1,177,282
Net Assets
$1,177,282
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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
1950
Legal Domicile
VA
Principal Officer
TAMMY PRESTON
Phone
8042247750
Tax Period
2024-07-01 to 2025-06-30

COLONIAL BEACH RESCUE SQUAD INC, founded in 1950, is a small nonprofit in the Public Safety sector that reported $108K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $41K, a strong 38% operating margin.

Mission

Protect and serve our community through education, preparedness, and emergency support. We are committed to providing high-quality certification and recertification training in CPR and Automated External Defibrillator (AED) use, empowering citizens and responders with the skills needed to save lives.

Program Service Accomplishments

Program 1
Expenses: $6,258 Revenue: $0

In partnership with Westmoreland Department of Emergency Services, we support emergency response operations, provide citizen aid when needed, and assist with community and special functions. Through...

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In partnership with Westmoreland Department of Emergency Services, we support emergency response operations, provide citizen aid when needed, and assist with community and special functions. Through service, training, and cooperation, we strive to strengthen public safety, promote emergency readiness, and improve the well-being of the communities we serve.

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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 $105,512
Program Service Revenue $0
Investment Income $2,794
Other Revenue $0
TOTAL REVENUE $108,306

Expense Breakdown

Grants Paid $200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,258
Other Expenses $60,793
TOTAL EXPENSES $67,051

Year-over-Year Comparison

2024 2023 Change
Revenue $108,306 $93,157 +0.2%
Expenses $67,051 $145,249 -0.5%
Net Income $41,255 $-52,092 -1.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
19

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMMY PRESTON PRESIDENT 15.00
Officer Director
$0 $0 $0
WILLIAM HOLDEN OLIFF VICE PRESIDENT 15.00
Officer Director
$0 $0 $0
PATRICIA FITZGERALD TREASURER 15.00
Officer Director
$0 $0 $0
MARIA MURILLO-VALDEZ SECRETARY 15.00
Officer Director
$0 $0 $0
BOBBY RIVENBARK DIRECTOR 15.00
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
2025 $108,306 $67,051 $1,177,282 $41,255
2024 No data No data No data No data
2023 $198,573 $164,097 $1,199,239 $34,476
2022 $199,646 $174,422 $1,153,639 $25,224
2021 $227,966 $177,639 $1,128,416 $50,327
2020 $198,034 $161,475 $1,078,089 $36,559
2019 $215,465 $183,862 $1,041,532 $31,603
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