THOROUGHFARE VOL FIRE DEPT INC

EIN: 561590902

GOLDSBORO, NC

Total Revenue
$169,432
Total Expenses
$180,372
Total Assets
$831,415
Net Assets
$279,763
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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

Principal Officer
MIKE AYCOCK
Phone
9193940754
Tax Period
2024-07-01 to 2025-06-30

THOROUGHFARE VOL FIRE DEPT INC is a small nonprofit that reported $169K in total revenue in fiscal year 2024.

Mission

FIRE PROTECTION

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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 $162,885
Program Service Revenue $0
Investment Income $52
Other Revenue $6,495
TOTAL REVENUE $169,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,648
Fundraising Expenses $0
Program Expenses $180,372
Other Expenses $178,724
TOTAL EXPENSES $180,372

Year-over-Year Comparison

2024 2023 Change
Revenue $169,432 $161,572 +0.0%
Expenses $180,372 $149,970 +0.2%
Net Income $-10,940 $11,602 -1.9%
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
9
Independent Members
9
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE AYCOCK PRESIDENT 2.00
Officer
$0 $0 $0
JASON GRAHAM VICE PRES. 2.00
Officer
$0 $0 $0
SIDNEY TURNAGE TREASURER 2.00
Officer
$0 $0 $0
JOHN TYNDALL SECRETARY 2.00
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 $169,432 $180,372 $831,415 $-10,940
2024 $161,572 $149,970 $846,480 $11,602
2023 $179,225 $177,957 $859,790 $1,268
2022 $177,314 $157,056 $884,986 $20,258
2021 $145,393 $148,060 $889,922 $-2,667
2020 $161,233 $131,023 $916,750 $30,210
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