HURDLE MILLS VOLUNTEER FIRE DEPARTMENT

EIN: 561252066

HURDLE MILLS, NC

Total Revenue
$391,343
Total Expenses
$1,252,429
Total Assets
$1,630,243
Net Assets
$1,123,243
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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
JAMIE HOLEMAN
Phone
3363642828
Tax Period
2024-07-01 to 2025-06-30

HURDLE MILLS VOLUNTEER FIRE DEPARTMENT is a small nonprofit that reported $391K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 220% operating deficit.

Mission

VOLUNTEER FIRE DEPARTMENT

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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 $360,462
Program Service Revenue $30,797
Investment Income $84
Other Revenue $0
TOTAL REVENUE $391,343

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,406
Fundraising Expenses $14,416
Program Expenses $1,238,013
Other Expenses $1,128,023
TOTAL EXPENSES $1,252,429

Year-over-Year Comparison

2024 2023 Change
Revenue $391,343 $315,184 +0.2%
Expenses $1,252,429 $350,961 +2.6%
Net Income $-861,086 $-35,777 +23.1%
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
3
Independent Members
3
Employees
17
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMIE HOLEMAN TREASURER N/A
Officer Director
$0 $0 $0
RALPH HARRIS JR PRESIDENT N/A
Officer Director
$0 $0 $0
JACQUELYN NORRIS SECRETARY N/A
Officer 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 $391,343 $1,252,429 $1,630,243 $-861,086
2024 $315,184 $350,961 $1,180,104 $-35,777
2023 $418,949 $264,734 $1,165,351 $154,215
2022 $266,195 $190,624 $1,011,136 $75,571
2021 $210,243 $160,089 $909,329 $50,154
2020 $231,127 $171,807 $859,175 $59,320
2019 $331,590 $82,178 $799,855 $249,412
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