HENRICO VOLUNTEER RESCUE SQUAD INC (EIN 546048040) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

PEGGY VOROUS

Tax Period

2023-01-01 to 2023-12-31

HENRICO VOLUNTEER RESCUE SQUAD INC, founded in 1958, is a small nonprofit in the Health Care sector that reported $115K in total revenue in fiscal year 2018. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $165K exceeded revenue, resulting in a 43% operating deficit.

Mission

VOLUNTEER RESCUE SQUAD IN EASTERN HENRICO COUNTY VIRGINA

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $65,679

Program Service Revenue $0

Investment Income $20,274

Other Revenue $0

TOTAL REVENUE $85,953

Expense Breakdown

Grants Paid $329,003

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $329,003

Other Expenses $3,000

TOTAL EXPENSES $332,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$85,953	$307,501	-0.7%
Expenses	$332,003	$52,100	+5.4%
Net Income	$-246,050	$255,401	-2.0%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
WILLIAM MOORE	DIRECTOR	Director	$0	$0	$0
STEPHANIE STINSON-ZENTNER	DIRECTOR	Director	$0	$0	$0
CATHERINE M OUTLAND	TREASURER	Officer	$0	$0	$0
VERNON WILSON	LIEUTENANT	Officer	$0	$0	$0
LINDA BOWERY	V PRESIDENT	Officer	$0	$0	$0
PEGGY VOROUS	PRESIDENT	Officer	$0	$0	$0
JACK VOROUS	CAPTAIN	Officer	$0	$0	$0
JUANITA BARBER	SECRETARY	Officer	$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
2023	$85,953	$332,003	$87,371	$-246,050
2022	$307,501	$52,100	$333,421	$255,401
2021	$34,444	$125,991	$78,020	$-91,547
2020	$211,007	$190,547	$169,567	$20,460
2019	$148,251	$197,935	$149,107	$-49,684
2018	$115,079	$164,531	$198,791	$-49,452

HENRICO VOLUNTEER RESCUE SQUAD INC