FAIR BLUFF FIRE DEPARTMENT AND RESCUE SQUAD INC

EIN: 561774481 501(c)(3) Health Care

FAIR BLUFF, NC

Total Revenue
$361,211
Total Expenses
$396,812
Total Assets
$1,685,076
Net Assets
$1,576,610
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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
1992
Legal Domicile
NC
Principal Officer
BEVERLY B ELLIOTT
Phone
9106497099
Tax Period
2022-01-01 to 2022-12-31

FAIR BLUFF FIRE DEPARTMENT AND RESCUE SQUAD INC, founded in 1992, is a small nonprofit in the Health Care sector that reported $361K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $1.6M represent 52 months of operating reserves.

Mission

VOLUNTEER FIRE DEPARTMENT AND RESCUE SQUAD

Program Service Accomplishments

Program 1
Expenses: $340,997

PROVIDE EMERGENCY FIRE AND MEDICAL ASSISTANCE TO THE LOCAL AREA RESIDENTS, AS WELL AS INSURING ADEQUATE TRAINING AND SAFETY FOR ITS MEMBERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $263,680
Program Service Revenue $94,296
Investment Income $70
Other Revenue $3,165
TOTAL REVENUE $361,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,508
Fundraising Expenses $10,577
Program Expenses $340,997
Other Expenses $226,304
TOTAL EXPENSES $396,812

Year-over-Year Comparison

2022 2021 Change
Revenue $361,211 $324,332 +0.1%
Expenses $396,812 $389,008 +0.0%
Net Income $-35,601 $-64,676 -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
8
Independent Members
8
Employees
17
Volunteers
8

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
8
$67,763
Total Directors
8
$67,763
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON DAVIS OFFICER 40.00
Officer Director
$33,333 $0 $33,333
BEVERLY B ELLIOTT SECRETARY/TR 40.00
Officer Director
$21,950 $0 $21,950
BRENT CAUSEY OFFICER 20.00
Officer Director
$6,240 $0 $6,240
TRAVIS CAUSEY PRESIDENT/CH 20.00
Officer Director
$6,240 $0 $6,240
KEN ELLIOTT OFFICER/ASST 0.00
Officer Director
$0 $0 $0
CLAYTON MCCOY OFFICER 0.00
Officer Director
$0 $0 $0
CONNIE MEARES OFFICER 0.00
Officer Director
$0 $0 $0
ARTHUR MOORE OFFICER 0.00
Officer 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
2022 $361,211 $396,812 $1,685,076 $-35,601
2021 $324,332 $389,008 $1,755,434 $-64,676
2020 $572,705 $593,842 $1,851,096 $-21,137
2019 $334,486 $418,992 $1,902,949 $-84,506
2018 $1,654,621 $470,664 $2,144,316 $1,183,957
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