Belews Creek Volunteer Fire and Rescue Department

EIN: 561378737 501(c)(3) Public Safety

Belews Creek, NC

Total Revenue
$584,335
Total Expenses
$632,633
Total Assets
$1,622,658
Net Assets
$1,581,552
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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
1963
Legal Domicile
NC
Principal Officer
Les Gray
Phone
3367071174
Tax Period
2024-07-01 to 2025-06-30

Belews Creek Volunteer Fire and Rescue Department, founded in 1963, is a small nonprofit in the Public Safety sector that reported $584K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $1.6M represent 32 months of operating reserves.

Mission

Provider of 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 (2024)

Revenue Breakdown

Contributions & Grants $576,793
Program Service Revenue $0
Investment Income $0
Other Revenue $7,542
TOTAL REVENUE $584,335

Expense Breakdown

Grants Paid $0
Salaries & Benefits $282,097
Fundraising Expenses $0
Program Expenses $582,890
Other Expenses $350,536
TOTAL EXPENSES $632,633

Year-over-Year Comparison

2024 2023 Change
Revenue $584,335 $755,535 -0.2%
Expenses $632,633 $467,773 +0.4%
Net Income $-48,298 $287,762 -1.2%
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
15
Volunteers
47

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christina Taylor President 5.00
Officer
$0 $0 $0
Kenneth Kennedy Vice-President 5.00
Officer Director
$0 $0 $0
Shane Taylor Secretary 5.00
Officer
$0 $0 $0
Les Gray Treasurer 5.00
Officer
$0 $0 $0
Patrick Grubbs Board Chairman 5.00
Director
$0 $0 $0
Stephanie Kennedy Board Member 5.00
Director
$0 $0 $0
Chad Linville Board Member 5.00
Director
$0 $0 $0
Steve Smith Board Member 5.00
Director
$0 $0 $0
Marvin Eaton Board Member 5.00
Director
$0 $0 $0
Tim Marsh Board Member 5.00
Director
$0 $0 $0
Lee Hewitt Board Member 5.00
Director
$0 $0 $0
Linda Baynes Board Member 5.00
Director
$0 $0 $0
Les Gray Board Member 5.00
Director
$0 $0 $0
Scott Sell Board Member 5.00
Director
$0 $0 $0
Todd Parham Boards Member 5.00
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 $584,335 $632,633 $1,622,658 $-48,298
2024 No data No data No data No data
2023 $518,279 $451,246 $1,577,711 $67,033
2022 $501,240 $433,510 $1,599,312 $67,730
2021 $441,605 $426,210 $1,620,607 $15,395
2020 $426,654 $425,973 $1,689,157 $681
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