GRIFTON COMMUNITY FIRE ASSOCIATION INC

EIN: 561458981 501(c)(3)

GRIFTON, NC

Total Revenue
$383,851
Total Expenses
$218,507
Total Assets
$1,252,076
Net Assets
$977,355
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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
1958
Legal Domicile
NC
Principal Officer
ROGER CARRAWAY
Phone
2523785400
Tax Period
2024-07-01 to 2025-06-30

GRIFTON COMMUNITY FIRE ASSOCIATION INC, founded in 1958, is a small nonprofit that reported $384K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $165K, a strong 43% operating margin.

Mission

PROVIDE EMERGENCY SUPPORT FOR FIRE AND RESCUE

Program Service Accomplishments

Program 1
Expenses: $103,886 Revenue: $372,533

DURING THE CURRENT FISCAL YEAR, THE GRIFTON COMMUNITY FIRE ASSOCIATION RESPONDED TO APPROXIMATELY 196 EMERGENCY CALLS.

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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 $376,909
Program Service Revenue $0
Investment Income $6,044
Other Revenue $898
TOTAL REVENUE $383,851

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,688
Fundraising Expenses $19,983
Program Expenses $103,886
Other Expenses $198,819
TOTAL EXPENSES $218,507

Year-over-Year Comparison

2024 2023 Change
Revenue $383,851 $300,060 +0.3%
Expenses $218,507 $198,139 +0.1%
Net Income $165,344 $101,921 +0.6%
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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Governance

Voting Members
12
Independent Members
3
Employees
3
Volunteers
30

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
$2,920
Total Directors
13
$2,920
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROGER CARRAWAY PRESIDENT 2.30
Officer Director
$1,088 $0 $1,088
ROBERT JOHNSON VICE PRESIDENT 2.30
Officer Director
$732 $0 $732
DONALD JOHNSON TREASURER 3.46
Officer Director
$1,100 $0 $1,100
WENDY ANDREWS SECRETARY 3.46
Officer Director
$0 $0 $0
FRANK DUNN . 0.81
Director
$0 $0 $0
PHILLIP CARRAWAY . 0.81
Director
$0 $0 $0
JUSTIN OAKES . 0.81
Director
$0 $0 $0
ASHLEY JOHNSON . 0.81
Director
$0 $0 $0
MARK GRAY . 0.81
Director
$0 $0 $0
EDWARD DUPREE . 0.81
Director
$0 $0 $0
MARK ANDREWS . 0.81
Director
$0 $0 $0
DAVID JACKSON . 0.81
Director
$0 $0 $0
WAYNE HARDEE . 0.81
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 $383,851 $218,507 $1,252,076 $165,344
2024 $300,060 $198,139 $1,123,872 $101,921
2023 $332,308 $216,343 $1,071,383 $115,965
2022 $307,366 $318,844 $1,026,937 $-11,478
2021 $509,419 $281,212 $1,104,692 $228,207
2020 $298,036 $265,303 $911,024 $32,733
2019 $384,485 $237,296 $904,556 $147,189
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