SWANNANOA VOLUNTEER FIRE DEPARTMENT & RESCUE SQUAD INC

EIN: 561184138 501(c)(3)

Swannanoa, NC

Total Revenue
$2,591,711
Total Expenses
$2,296,474
Total Assets
$5,067,326
Net Assets
$2,804,631
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NC
Principal Officer
Anthony Penland
Phone
8286863335
Tax Period
2022-07-01 to 2023-06-30

SWANNANOA VOLUNTEER FIRE DEPARTMENT & RESCUE SQUAD INC, founded in 1959, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2022. Expenses of $2.3M left a modest 11% surplus.

Mission

Fire protection and first responder emergency medical services for the citizens living in, or visiting , the Swannanoa Fire district portion of Buncombe County

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,576,709
Investment Income $15,002
Other Revenue $0
TOTAL REVENUE $2,591,711

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,420,892
Fundraising Expenses $0
Program Expenses $2,263,855
Other Expenses $875,582
TOTAL EXPENSES $2,296,474

Year-over-Year Comparison

2022 2021 Change
Revenue $2,591,711 $2,406,685 +0.1%
Expenses $2,296,474 $2,032,533 +0.1%
Net Income $295,237 $374,152 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
34
Volunteers
9

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
1
$96,794
Total Directors
9
$10,170
Key Employees
1
$96,794
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Penland Fire Chief 40
Officer Key Emp Highest
$96,794 $0 $96,794
David Knighton Board Member 0
Director
$1,420 $0 $1,420
Charles M Norton Board Treasurer 0
Director
$1,380 $0 $1,380
Ron Hillabrand Board Chairman 0
Director
$1,360 $0 $1,360
Mark McMeans Board Member 0
Director
$1,340 $0 $1,340
Jeff Buice Board Member 0
Director
$1,320 $0 $1,320
Buddy Masters Board Member 0
Director
$1,130 $0 $1,130
Crystal Lee Board Secretary 0
Director
$1,110 $0 $1,110
John Davidson Board Member 0
Director
$1,110 $0 $1,110
Michael Cooke Board Vice Charman 0
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,591,711 $2,296,474 $5,067,326 $295,237
2022 $2,406,685 $2,032,533 $4,954,493 $374,152
2021 $2,010,374 $1,850,719 $4,773,615 $159,655
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SWANNANOA VOLUNTEER FIRE DEPARTMENT & RESCUE SQUAD INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.