NEBO VOLUNTEER FIRE DEPARTMENT INC

EIN: 561119913 501(c)(3) Public Safety

NEBO, NC

Total Revenue
$751,485
Total Expenses
$565,538
Total Assets
$2,610,221
Net Assets
$1,582,642
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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
1958
Legal Domicile
NC
Tax Period
2023-04-01 to 2024-03-31

NEBO VOLUNTEER FIRE DEPARTMENT INC, founded in 1958, is a small nonprofit in the Public Safety sector that reported $751K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $186K, a strong 25% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $61,122
Program Service Revenue $689,925
Investment Income $438
Other Revenue $0
TOTAL REVENUE $751,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,258
Fundraising Expenses $0
Program Expenses $565,538
Other Expenses $512,280
TOTAL EXPENSES $565,538

Year-over-Year Comparison

2023 2022 Change
Revenue $751,485 $617,927 +0.2%
Expenses $565,538 $416,003 +0.4%
Net Income $185,947 $201,924 -0.1%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD SIMMONS CHIEF 0.00
Officer
$0 $0 $0
STACY CATE TREASURER 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 No data No data No data No data
2024 $751,485 $565,538 $2,610,221 $185,947
2023 $617,927 $416,003 $1,833,915 $201,924
2022 $597,432 $403,393 $2,085,650 $194,039
2021 $553,859 $363,165 $2,010,417 $190,694
2020 $453,362 $344,553 $1,956,842 $108,809
2019 $413,287 $301,179 $1,965,541 $112,108
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