North Mecklenburg Volunteer Rescue Squad Foundation (EIN 561493828) - Form 990 Financial Analysis & Trantor Score

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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

1959

Principal Officer

John Stroup

Phone

7046221984

Tax Period

2019-08-01 to 2020-07-31

North Mecklenburg Volunteer Rescue Squad Foundation, founded in 1959, is a micro nonprofit that reported $10K in total revenue in fiscal year 2019. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $51K exceeded revenue, resulting in a 422% operating deficit.

Mission

Volunteer rescue squad

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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 (2019)

Revenue Breakdown

Contributions & Grants $100

Program Service Revenue $0

Investment Income $1,737

Other Revenue $7,984

TOTAL REVENUE $9,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,796

Other Expenses $51,271

TOTAL EXPENSES $51,271

Year-over-Year Comparison

	2019	2018	Change
Revenue	$9,821	$17,738	-0.4%
Expenses	$51,271	$50,759	+0.0%
Net Income	$-41,450	$-33,021	+0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Tessari	Asst Chief	12.00	Officer Director	$0	$0	$0
John Stroup	Chief	21.00	Officer Director	$0	$0	$0
Kyle W Lambeth	Treasurer	1.00	Officer Director	$0	$0	$0
Michael Weber	Lieutenant	1.00	Director	$0	$0	$0
Luke Osborne	Asst Chief	9.00	Officer Director	$0	$0	$0
Jeff Perkel	Secretary	15.00	Officer Director	$0	$0	$0
Trey Martin	Lieutnant	9.00	Director	$0	$0	$0
Brandon Johnson	Director	1.00	Director	$0	$0	$0
Brandy Lankford	Training Capt	7.00	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
2020	$9,821	$51,271	$702,517	$-41,450
2019	$17,738	$50,759	$743,967	$-33,021
2018	$306,852	$85,110	$776,988	$221,742

North Mecklenburg Volunteer Rescue Squad Foundation