Garren Creek Volunteer Fire Dept

EIN: 561205229 501(c)(3) Public Safety

Fairview, NC

Total Revenue
$790,978
Total Expenses
$405,588
Total Assets
$2,309,550
Net Assets
$2,309,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NC
Principal Officer
Lisa Tandy
Phone
8286690024
Tax Period
2024-07-01 to 2025-06-30

Garren Creek Volunteer Fire Dept, founded in 1978, is a small nonprofit in the Public Safety sector that reported $791K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $385K, a strong 49% operating margin.

Mission

To sponsor and promote united action by the residents of the Garren Creek Fire District for the protection and preservation of lives and property against injury and destruction by fire or other casualty.

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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 $511,019
Program Service Revenue $0
Investment Income $7,786
Other Revenue $272,173
TOTAL REVENUE $790,978

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,604
Fundraising Expenses $0
Program Expenses $373,044
Other Expenses $284,984
TOTAL EXPENSES $405,588

Year-over-Year Comparison

2024 2023 Change
Revenue $790,978 $463,517 +0.7%
Expenses $405,588 $332,262 +0.2%
Net Income $385,390 $131,255 +1.9%
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

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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
13
Independent Members
13
Employees
8
Volunteers
40

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
5
$66,491
Total Directors
13
$76,052
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wade Wright Chief 40.00
Officer Director
$57,118 $0 $57,118
David Marlowe V President 10.00
Officer Director
$9,373 $0 $9,373
Brian Owenby President 0.00
Officer Director
$0 $0 $0
Elizabeth Simmonds Secretary 0.50
Officer Director
$0 $0 $0
Lisa Tandy Treasurer 2.00
Officer Director
$0 $0 $0
Cody Black Member at Large 0.00
Director
$0 $0 $0
Lorrene Brooks Member at Large 0.00
Director
$0 $0 $0
Brian Lytle Member at Large 0.00
Director
$0 $0 $0
Crystal Marlowe Member at Large 0.00
Director
$0 $0 $0
Misty Owenby Member at Large 0.00
Director
$0 $0 $0
Terry Simmonds Member at Large 0.00
Director
$0 $0 $0
Shane Harris Asst Chief 10.00
Director
$9,561 $0 $9,561
Kevin Craig Asst Chief 10.00
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 $790,978 $405,588 $2,309,550 $385,390
2024 $463,517 $332,262 $1,925,903 $131,255
2023 $527,311 $292,198 $1,797,227 $235,113
2022 $424,995 $294,398 $1,921,181 $130,597
2021 $424,824 $253,726 $2,232,217 $171,098
2020 $372,946 $259,702 $1,726,200 $113,244
2019 $370,453 $265,167 $1,663,900 $105,286
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