STUMPY POINT VOLUNTEER FIRE DEPARTMENT INC

EIN: 561683485 501(c)(3) Public Safety

STUMPY POINT, NC

Total Revenue
$70,577
Total Expenses
$65,752
Total Assets
$120,374
Net Assets
$119,120
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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
1975
Legal Domicile
NC
Principal Officer
PHIL YORK
Phone
7046773176
Tax Period
2024-07-01 to 2025-06-30

STUMPY POINT VOLUNTEER FIRE DEPARTMENT INC, founded in 1975, is a micro nonprofit in the Public Safety sector that reported $71K in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. Expenses of $66K left a modest 7% surplus.

Mission

PROVIDE FIRE AND RESCUE SERVICES IN STUMPY POINT, DARE COUNTY, NC

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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 $70,577
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $70,577

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $65,752
TOTAL EXPENSES $65,752

Year-over-Year Comparison

2024 2023 Change
Revenue $70,577 $31,233 +1.3%
Expenses $65,752 $39,849 +0.7%
Net Income $4,825 $-8,616 -1.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
15

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHIL YORK PRESIDENT 10.00
Officer
$0 $0 $0
JOHNNY PAULUS VICE PRESIDENT 4.00
Officer
$0 $0 $0
HEATHER BALLANCE SECRETARY 4.00
Officer
$0 $0 $0
JENNIFER ALLEY TREASURER 12.00
Officer
$0 $0 $0
CURTIS PRICE FIRE CHIEF 10.00
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
2025 $70,577 $65,752 $120,374 $4,825
2024 $31,233 $39,849 $114,717 $-8,616
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