VALLEYTOWN RURAL FIRE AND RESCUE DEPARTMENT (EIN 561046703) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

VALLEYTOWN RURAL FIRE AND RESCUE DEPARTMENT, founded in 1974, is a small nonprofit in the Public Safety sector that reported $634K in total revenue in fiscal year 2023. The organization ran a surplus of $251K, a strong 40% operating margin.

Mission

PROVIDE FIRE SERVICES TO THE VALLEYTOWN RURAL FIRE DISTRICT OF CHEROKEE COUNTY, NORTH CAROLINA

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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 (2023)

Revenue Breakdown

Contributions & Grants $572,023

Program Service Revenue $62,362

Investment Income $0

Other Revenue $0

TOTAL REVENUE $634,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,445

Fundraising Expenses $0

Program Expenses $316,600

Other Expenses $292,850

TOTAL EXPENSES $383,295

Year-over-Year Comparison

	2023	2022	Change
Revenue	$634,385	N/A	N/A
Expenses	$383,295	N/A	N/A
Net Income	$251,090	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN HYDE	SECRETARY	8.00	Officer	$0	$0	$0
JUSTIN HYDE	CHIEF	10.00	Officer	$0	$0	$0
RICHARD HARRIS	PRESIDENT	8.00	Officer	$0	$0	$0
STEVE HALL	TREASURER	10.00	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	No data	No data	No data	No data
2024	$634,385	$383,295	$1,727,117	$251,090
2023	$507,534	$428,498	$1,505,229	$79,036
2022	$426,582	$353,785	$1,532,719	$72,797
2021	$317,414	$337,031	$1,448,330	$-19,617
2020	$340,445	$361,126	$1,561,601	$-20,681
2019	$357,658	$337,597	$1,675,885	$20,061
2018	$331,714	$318,419	$1,775,726	$13,295

VALLEYTOWN RURAL FIRE AND RESCUE DEPARTMENT