NORTH GASTON VOLUNTEER FIRE & RESCUE INC (EIN 561126035) - 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

1960

Legal Domicile

Phone

7047320818

Tax Period

2024-07-01 to 2025-06-30

NORTH GASTON VOLUNTEER FIRE & RESCUE INC, founded in 1960, is a small nonprofit in the Public Safety sector that reported $656K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 53% operating margin.

Mission

TO PURCHASE AND OWN FIRE FIGHTING EQUIPMENT FOR THE USE IN THE PROTECTION OF PERSONS AND PROPERTY FROM INJURY, LOSS, DAMAGE OR DESTRUCTION BY FIRE AND/OR OTHER PERILS. THE ORGANIZATION SERVES APPROXIMATELY 10000 HOMES.

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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 $655,785

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $655,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11

Fundraising Expenses $0

Program Expenses $307,287

Other Expenses $307,276

TOTAL EXPENSES $307,287

Year-over-Year Comparison

	2024	2023	Change
Revenue	$655,785	$384,272	+0.7%
Expenses	$307,287	$370,247	-0.2%
Net Income	$348,498	$14,025	+23.8%

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

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
WILLIAM D CASH	CHIEF	40.00	Officer Director	$0	$0	$0
TERRY BLACK	TREASURERCHAIRMAN	1.00	Officer Director Key Emp	$0	$0	$0
BARBARA CASH	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE LANGLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM BEHELER	BOARD MEMBER	1.00	Director	$0	$0	$0
TOMMY BRIDGES	BOARD MEMBER	1.00	Director	$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	$655,785	$307,287	$535,248	$348,498
2024	$384,272	$370,247	$364,713	$14,025
2023	$388,992	$283,109	$341,795	$105,883
2022	$266,844	$235,236	$324,731	$31,608
2021	$306,734	$304,340	$358,319	$2,394
2020	$558,044	$399,040	$419,173	$159,004
2019	$286,504	$249,574	$278,103	$36,930

NORTH GASTON VOLUNTEER FIRE & RESCUE INC