LEDGER VOLUNTEER FIRE DEPARTMENT

EIN: 561291346 Public Safety

BAKERSVILLE, NC

Total Revenue
$276,930
Total Expenses
$259,282
Total Assets
$617,909
Net Assets
$617,909
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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
1980
Legal Domicile
NC
Tax Period
2023-01-01 to 2023-12-31

LEDGER VOLUNTEER FIRE DEPARTMENT, founded in 1980, is a small nonprofit in the Public Safety sector that reported $277K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $259K left a modest 6% surplus.

Mission

PROVIDE FIRE AND RESCUE 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 (2023)

Revenue Breakdown

Contributions & Grants $73,042
Program Service Revenue $201,644
Investment Income $2,244
Other Revenue $0
TOTAL REVENUE $276,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,150
Fundraising Expenses $0
Program Expenses $259,282
Other Expenses $258,132
TOTAL EXPENSES $259,282

Year-over-Year Comparison

2023 2022 Change
Revenue $276,930 $251,659 +0.1%
Expenses $259,282 $283,915 -0.1%
Net Income $17,648 $-32,256 -1.5%
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
5
Independent Members
5
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK HUSKINS ASST CHIEF 5.00
Officer
$0 $0 $0
TIM RENFRO CHIEF 5.00
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
2024 No data No data No data No data
2023 $276,930 $259,282 $617,909 $17,648
2022 $251,659 $283,915 $600,261 $-32,256
2021 $128,213 $217,511 $632,517 $-89,298
2020 $187,065 $167,295 $721,815 $19,770
2019 $159,767 $175,589 $702,045 $-15,822
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