HASTY FIRE & RESCUE 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

1955

Legal Domicile

Phone

3368823053

Tax Period

2024-07-01 to 2025-06-30

HASTY FIRE & RESCUE INC, founded in 1955, is a small nonprofit in the Public Safety sector that reported $732K in total revenue in fiscal year 2024. The organization ran a surplus of $125K, a strong 17% operating margin.

Mission

PROVIDE FIRE PROTECTION AND RESCUE SERVICES FOR APPROX 17 SQUARE MILES IN DAVIDSON COUNTY.

Program Service Accomplishments

Program 1

Expenses: $602,641

RAN OVER ONE HUNDRED FIRE, EMS AND ASSIST CALLS DURING THE LAST YEAR. PROVIDED MUTUAL ASSISTANCE SUPPORT TO A SMALL PART OF GUILFORD COUNTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $707,565

Program Service Revenue $0

Investment Income $24,926

Other Revenue $0

TOTAL REVENUE $732,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $357,849

Fundraising Expenses $0

Program Expenses $602,641

Other Expenses $249,466

TOTAL EXPENSES $607,315

Year-over-Year Comparison

	2024	2023	Change
Revenue	$732,491	$679,050	+0.1%
Expenses	$607,315	$643,621	-0.1%
Net Income	$125,176	$35,429	+2.5%

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

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
JANICE BRISTOW	CO-SECRETARY	4.00	Officer	$0	$0	$0
ADAM MILLER	PRESIDENT	4.00	Officer	$0	$0	$0
BRYAN HAYWORTH	VP	4.00	Officer	$0	$0	$0
PHIL SLOAN	TREASURER	4.00	Officer	$0	$0	$0
COURTNEY MILLIKEN	CO-SECRETARY	4.00	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
2025	$732,491	$607,315	$3,027,732	$125,176
2024	$679,050	$643,621	$2,902,654	$35,429
2023	$716,588	$613,718	$2,867,016	$102,870
2022	$611,275	$432,751	$2,764,146	$178,524
2021	$613,817	$411,648	$2,638,573	$202,169
2020	$560,404	$410,821	$2,486,776	$149,583
2019	$510,752	$405,987	$2,387,163	$104,765