NORTH CENTRAL ALAMANCE FIRE DEPT I… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

ROY STANLEY

Phone

3364219576

Tax Period

2024-07-01 to 2025-06-30

NORTH CENTRAL ALAMANCE FIRE DEPT INC, founded in 1992, is a small nonprofit in the Public Safety sector that reported $229K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $207K left a modest 10% surplus.

Mission

Volunteer fire department

Program Service Accomplishments

Program 1

Expenses: $187,404 Revenue: $229,034

The North Central Alamance Fire Department, Inc. provides fire fighting, fire prevention, and emergency medical services within the North Central Alamance fire district and surrounding areas of...

The North Central Alamance Fire Department, Inc. provides fire fighting, fire prevention, and emergency medical services within the North Central Alamance fire district and surrounding areas of Alamance County, NC.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,871

Program Service Revenue $0

Investment Income $1,656

Other Revenue $9,507

TOTAL REVENUE $229,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,810

Fundraising Expenses $0

Program Expenses $187,404

Other Expenses $151,120

TOTAL EXPENSES $206,930

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,034	$314,879	-0.3%
Expenses	$206,930	$196,349	+0.1%
Net Income	$22,104	$118,530	-0.8%

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

Governance

Voting Members

Independent Members

Employees

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
LEO BOSWELL	DIRECTOR	2.00	Director	$0	$0	$0
HAROLD BOGGS	VICE-CHAIRMAN	2.00	Officer Director	$0	$0	$0
DOUG GILLIAM	DIRECTOR	2.00	Director	$0	$0	$0
ONEIL CAREY	DIRECTOR	2.00	Director	$0	$0	$0
CLINTON GARRISON	DIRECTOR	2.00	Director	$0	$0	$0
JOSH WRAY	ASSIST CHIEF	2.00	Director	$0	$0	$0
JOEY GREENE	DEPUTY CHIEF	2.00	Director	$0	$0	$0
HENRY CHANDLER	DIRECTOR	2.00	Director	$0	$0	$0
DAN INGLE	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HOPKINS	DIRECTOR	2.00	Director	$0	$0	$0
ALVA SIZEMORE	CHIEF FULL-TIME	2.00	Director Key Emp	$0	$0	$0
ROY STANLEY	CHAIRTREASURER	0.00	Officer Director	$0	$0	$0
KIM APPLE	SECRETARY	2.00	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
2025	$229,034	$206,930	$1,002,413	$22,104
2024	$314,879	$196,349	$1,003,917	$118,530
2023	$257,673	$168,090	$948,266	$89,583
2022	$261,009	$142,581	$826,754	$118,428
2021	$179,942	$136,312	$568,871	$43,630
2020	$166,366	$133,103	$539,313	$33,263
2019	$167,058	$157,634	$520,803	$9,424
2018	$167,008	$141,960	$515,184	$25,048

NORTH CENTRAL ALAMANCE FIRE DEPT INC