REEMS CREEK VALLEY FIRE DEPARTMENT… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Phone

8286453398

Tax Period

2023-07-01 to 2024-06-30

REEMS CREEK VALLEY FIRE DEPARTMENT INC, founded in 1966, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023.

Mission

PROVIDING VOLUNTEER FIRE DEPARTMENT AND RESCUE SERVICES TO RESIDENTS OF REEMS CREEK AND BEAVER DAM, NORTH CAROLINA

Program Service Accomplishments

Program 1

Expenses: $3,047,501 Revenue: $2,458,370

REEMS CREEK VALLEY FIRE DEPARTMENT, INC. PROVIDES FIRE AND RESCUE PROTECTION SERVICES. THE COUNTY OF BUNCOMBE, CITY OF ASHEVILLE AND STATE OF NORTH CAROLINA PROVIDE REVENUE IN EXCHANGE FOR THESE...

REEMS CREEK VALLEY FIRE DEPARTMENT, INC. PROVIDES FIRE AND RESCUE PROTECTION SERVICES. THE COUNTY OF BUNCOMBE, CITY OF ASHEVILLE AND STATE OF NORTH CAROLINA PROVIDE REVENUE IN EXCHANGE FOR THESE SERVICES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,458,370

Investment Income $0

Other Revenue $461,635

TOTAL REVENUE $2,920,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,185,153

Fundraising Expenses $0

Program Expenses $3,047,501

Other Expenses $923,553

TOTAL EXPENSES $3,108,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,920,005	N/A	N/A
Expenses	$3,108,706	N/A	N/A
Net Income	$-188,701	N/A	N/A

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Winslow	President	0.60	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	$2,920,005	$3,108,706	$3,733,015	$-188,701
2023	$2,892,918	$2,823,664	$4,002,597	$69,254
2022	$2,698,325	$2,385,399	$3,981,132	$312,926
2021	$2,151,805	$2,116,633	$3,801,307	$35,172
2020	$2,138,203	$1,740,698	$3,574,300	$397,505
2019	$1,981,287	$1,730,497	$3,256,174	$250,790

REEMS CREEK VALLEY FIRE DEPARTMENT INC