PRATER VOLUNTEER RESCUE SQUAD INC

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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

1995

Legal Domicile

Principal Officer

TYLER WARD

Phone

2765977173

Tax Period

2019-07-01 to 2020-06-30

PRATER VOLUNTEER RESCUE SQUAD INC, founded in 1995, is a small nonprofit in the Health Care sector that reported $471K in total revenue in fiscal year 2019. Revenue surged 104% from the prior year, signaling strong growth momentum. The organization ran a surplus of $232K, a strong 49% operating margin.

Mission

THE ORGANIZATION'S PRIMARY EXEPMT PURPOSE IS TO PROVIDE EMERGENCY MEDICAL AIDE AND TRANSPORT ASSISTANCE TO THE RESIDENTS OF BUCHANAN COUNTY.

Program Service Accomplishments

Program 1

Expenses: $213,870

THE ORGANIZATION, STAFFED PRIMARILY BY VOLUNTEERS, OPERATES A RESCUE SQUAD WHICH SERVES PRIMARILY THE RESIDENTS OF BUCHANAN COUNTY, VA. DURING THE FISCAL YEAR THE SQUAD RESPONDED TO HUNDREDS OF...

THE ORGANIZATION, STAFFED PRIMARILY BY VOLUNTEERS, OPERATES A RESCUE SQUAD WHICH SERVES PRIMARILY THE RESIDENTS OF BUCHANAN COUNTY, VA. DURING THE FISCAL YEAR THE SQUAD RESPONDED TO HUNDREDS OF EMERGENCY CALLS, OFFERING FIRST AIDE AND MEDICAL TRANSPORT ASSISTANCE.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $129,442

Program Service Revenue $341,701

Investment Income $101

Other Revenue $0

TOTAL REVENUE $471,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,083

Fundraising Expenses $0

Program Expenses $238,953

Other Expenses $213,870

TOTAL EXPENSES $238,953

Year-over-Year Comparison

	2019	2018	Change
Revenue	$471,244	$231,172	+1.0%
Expenses	$238,953	$116,851	+1.0%
Net Income	$232,291	$114,321	+1.0%

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

Governance

Voting Members

Independent Members

Employees

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

$824

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYLER WARD	TREASURER	15.00	Officer	$824	$0	$824
HUFFERD COLEMAN	PRESIDENT	15.00	Officer Director	$0	$0	$0
HAROLD O'QUINN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE O'QUINN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY O'QUINN	SECRETARY	15.00	Officer Director	$0	$0	$0
RON RATLIFF	DIRECTOR	1.00	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
2020	$471,244	$238,953	$687,506	$232,291
2019	$231,172	$116,851	$448,526	$114,321