MIDWAY FIRE DEPARTMENT (EIN 541057857) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1974

Legal Domicile

Principal Officer

JOSH STEMBRIDGE

Phone

4345726194

Tax Period

2024-01-01 to 2024-12-31

MIDWAY FIRE DEPARTMENT, founded in 1974, is a micro nonprofit in the Public Safety sector that reported $89K in total revenue in fiscal year 2019. Expenses of $127K exceeded revenue, resulting in a 43% operating deficit.

Mission

PROVIDE FIRE AND EMERGENCY SERVICES TO THE PUBLIC IN THE COMMUNITIES OF HALIFAX AND MECKLENBERG COUNTIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $195,846

Program Service Revenue $0

Investment Income $1,083

Other Revenue $0

TOTAL REVENUE $196,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,783

Program Expenses $202,064

Other Expenses $214,847

TOTAL EXPENSES $214,847

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,929	$119,760	+0.6%
Expenses	$214,847	$175,373	+0.2%
Net Income	$-17,918	$-55,613	-0.7%

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

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
BRENT INSCORE	DIRECTOR	2.00	Director	$0	$0	$0
JOSH STEMBRIDGE	PRESIDENTDIRECTOR	22.00	Officer Director	$0	$0	$0
GARY HATCHER ELLIOTT	VPDIRECTOR	2.00	Officer Director	$0	$0	$0
KIM INSCORE STEMBRIDGE	SECDIRECTOR	2.00	Officer Director	$0	$0	$0
DENNIS HUDSON	TRESDIRECTOR	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	$196,929	$214,847	$507,235	$-17,918
2023	$119,760	$175,373	$538,874	$-55,613
2022	$127,349	$137,387	$608,918	$-10,038
2021	$102,438	$117,031	$487,314	$-14,593
2020	$115,263	$99,873	$519,088	$15,390
2019	$88,799	$126,917	$519,453	$-38,118

MIDWAY FIRE DEPARTMENT