ELROY VOLUNTEER FIREFIGHTER INC

EIN: 561191545

GOLDSBORO, NC

Total Revenue
$847,178
Total Expenses
$664,048
Total Assets
$3,221,705
Net Assets
$2,629,869
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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

Principal Officer
MIKE SCRUFARI
Tax Period
2024-07-01 to 2025-06-30

ELROY VOLUNTEER FIREFIGHTER INC is a small nonprofit that reported $847K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $183K, a strong 22% operating margin.

Mission

VOLUNTEER FIREFIGHTING FOR LOCAL COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $721,083
Program Service Revenue $0
Investment Income $126,095
Other Revenue $0
TOTAL REVENUE $847,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,289
Fundraising Expenses $0
Program Expenses $655,789
Other Expenses $592,759
TOTAL EXPENSES $664,048

Year-over-Year Comparison

2024 2023 Change
Revenue $847,178 $764,520 +0.1%
Expenses $664,048 $664,475 0.0%
Net Income $183,130 $100,045 +0.8%
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

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Governance

Voting Members
7
Independent Members
4
Employees
10
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX CASEY SECRETARY N/A
Officer
$0 $0 $0
BILLY MOZINGO TREASURER N/A
Officer
$0 $0 $0
MIKE SCRUFARI PRESIDENT N/A
Officer
$0 $0 $0
CHRIS WALKER VICE PRES N/A
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 $847,178 $664,048 $3,221,705 $183,130
2024 $764,520 $664,475 $2,447,947 $100,045
2023 $819,159 $639,023 $2,348,644 $180,136
2022 $696,894 $472,481 $2,168,939 $224,413
2021 $674,356 $399,979 $1,943,797 $274,377
2020 $621,037 $398,692 $1,668,955 $222,345
2019 $614,107 $418,822 $1,446,830 $195,285
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