ARARAT VOLUNTEER FIRE DEPARTMENT INCORPORATED

EIN: 561420056 Public Safety

Ararat, NC

Total Revenue
$329,819
Total Expenses
$156,289
Total Assets
$1,355,856
Net Assets
$1,355,856
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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
1984
Legal Domicile
NC
Principal Officer
Angie Nunn
Phone
3363744608
Tax Period
2024-07-01 to 2025-06-30

ARARAT VOLUNTEER FIRE DEPARTMENT INCORPORATED, founded in 1984, is a small nonprofit in the Public Safety sector that reported $330K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 53% operating margin.

Mission

Fire service

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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 $329,375
Program Service Revenue $0
Investment Income $158
Other Revenue $286
TOTAL REVENUE $329,819

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,800
Fundraising Expenses $0
Program Expenses $145,627
Other Expenses $152,489
TOTAL EXPENSES $156,289

Year-over-Year Comparison

2024 2023 Change
Revenue $329,819 $195,973 +0.7%
Expenses $156,289 $192,192 -0.2%
Net Income $173,530 $3,781 +44.9%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
38

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angie Nunn Treasurer 2
Officer
$0 $0 $0
Eddie Simmons President 1
Officer
$0 $0 $0
Casey Kirkman Vice-President 1
Officer
$0 $0 $0
Kayla Marion Secretary 1
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 $329,819 $156,289 $1,355,856 $173,530
2024 No data No data No data No data
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