STACK ROAD VOLUNTEER FIRE DEPT

EIN: 561588765

MONROE, NC

Total Revenue
$517,081
Total Expenses
$405,460
Total Assets
$1,699,615
Net Assets
$1,534,782
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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
1960
Legal Domicile
NC
Principal Officer
ERIC HASTY
Phone
7043204714
Tax Period
2023-01-01 to 2023-12-31

STACK ROAD VOLUNTEER FIRE DEPT, founded in 1960, is a small nonprofit that reported $517K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 22% operating margin.

Mission

RESPOND TO FIREFIGHTING NEEDS IN DISTRICT

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,565
Program Service Revenue $307,441
Investment Income $1,650
Other Revenue $202,425
TOTAL REVENUE $517,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,180
Fundraising Expenses $0
Program Expenses $405,460
Other Expenses $349,280
TOTAL EXPENSES $405,460

Year-over-Year Comparison

2023 2022 Change
Revenue $517,081 $362,059 +0.4%
Expenses $405,460 $183,338 +1.2%
Net Income $111,621 $178,721 -0.4%
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
11
Independent Members
11
Employees
5
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH HANDY SECRETARY N/A
Officer
$0 $0 $0
ERIC HASTY CHAIRMAN OF N/A
Officer
$0 $0 $0
STEVE MORGAN VICE CHAIRMA N/A
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
2024 No data No data No data No data
2023 $517,081 $405,460 $1,699,615 $111,621
2022 $362,059 $183,338 $1,457,702 $178,721
2021 $330,102 $241,719 $1,323,695 $88,383
2020 $325,613 $219,310 $1,278,719 $106,303
2019 $328,141 $196,496 $1,214,336 $131,645
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