Maggie Valley Fire and Rescue Inc

EIN: 561235400

Maggie Valley, NC

Total Revenue
$2,022,393
Total Expenses
$1,173,261
Total Assets
$3,298,882
Net Assets
$3,133,430
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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
1959
Legal Domicile
NC
Tax Period
2024-07-01 to 2025-06-30

Maggie Valley Fire and Rescue Inc, founded in 1959, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $849K, a strong 42% operating margin.

Mission

Fire protection and first responder medical emergency services

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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 $27,065
Program Service Revenue $1,245,708
Investment Income $94,010
Other Revenue $655,610
TOTAL REVENUE $2,022,393

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $642,072
Fundraising Expenses $6,065
Program Expenses $1,124,028
Other Expenses $530,189
TOTAL EXPENSES $1,173,261

Year-over-Year Comparison

2024 2023 Change
Revenue $2,022,393 $1,301,913 +0.6%
Expenses $1,173,261 $1,056,711 +0.1%
Net Income $849,132 $245,202 +2.5%
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
12
Independent Members
12
Employees
33
Volunteers
30

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
$17,818
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shayne Wheeler Treasurer 4.00
Officer
$16,612 $1,206 $17,818
Jack Mehaffey Board Member 2.00
Director
$0 $0 $0
Carroll Mehaffey Board Member 2.00
Director
$0 $0 $0
Albert Mathews Board Member 2.00
Director
$0 $0 $0
Ronnie Sexton Board Member 2.00
Director
$0 $0 $0
Don Carpenter Board Member 2.00
Director
$0 $0 $0
Adam Kaufman Board Member 2.00
Director
$0 $0 $0
Scotty Ward Board Member 2.00
Director
$0 $0 $0
Jeff Sutton Board Member 2.00
Director
$0 $0 $0
Zach Reece Board Member 2.00
Director
$0 $0 $0
Reggie McCrory Chair 2.00
Officer
$0 $0 $0
Harry Ward Jr Vice Chair 2.00
Officer
$0 $0 $0
Jenny Carver Secretary 10.00
Officer
$0 $0 $0
Scott Sutton Chief 2.00
Highest
$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 $2,022,393 $1,173,261 $3,298,882 $849,132
2024 $1,301,913 $1,056,711 $2,502,920 $245,202
2023 $949,553 $984,944 $2,309,927 $-35,391
2022 $908,530 $889,714 $2,396,584 $18,816
2021 $726,771 $679,372 $2,429,626 $47,399
2020 $720,514 $687,058 $2,048,449 $33,456
2019 $745,882 $674,358 $2,072,718 $71,524
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