Virginia Beach, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Davis Corner Rescue Squad Foundation, founded in 2002, is a micro nonprofit in the Public Safety sector that reported $17K in total revenue in fiscal year 2019. The organization ran a surplus of $5K, a strong 30% operating margin.
The Corporation is organized to receive, maintain, and administer assets and contributions exclusively for charitable, educational and scientific purposes, as set forth in Section 501(c)(3) of the Internal Revenue Code of 1986, as may be amended and to use and apply income and principal therefrom for broad charitable purposes either directly or by contributions to other organizations, with the primary use and application to be to raise money to support the Davis Corner Rescue Squad in Virginia Beach, Virginia, to hold assets for the use of the Davis Corner Rescue Squad, and the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $17,557 | $7,582 | +1.3% |
| Expenses | $5,994 | $5,337 | +0.1% |
| Net Income | $11,563 | $2,245 | +4.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sharon Brown | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Ira Swartz | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Eric Hoyt | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Mike Mullins | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Armand Rubbo | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Kay Laws | President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Daniel Norville | Vice President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Judi Baker | Treasurer | 0.00 |
Officer
|
$0 | $0 | $0 |
| Carol Norville | Secretary | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $17,557 | $5,994 | $308,715 | $11,563 |
| 2023 | $7,582 | $5,337 | $297,152 | $2,245 |
| 2022 | $6,809 | $89,677 | $294,907 | $-82,868 |
| 2021 | $41,375 | $1,596 | $377,775 | $39,779 |
| 2020 | $12,298 | $1,553 | $337,996 | $10,745 |
| 2019 | $17,068 | $11,912 | $327,251 | $5,156 |
Compare Davis Corner Rescue Squad Foundation with other nonprofits in Virginia and across the country.