CLAREMONT RESCUE SQUAD INC

EIN: 566057341 501(c)(3)

Claremont, NC

Total Revenue
$389,854
Total Expenses
$458,073
Total Assets
$238,733
Net Assets
$236,219
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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
1958
Legal Domicile
NC
Phone
8284597968
Tax Period
2024-07-01 to 2025-06-30

CLAREMONT RESCUE SQUAD INC, founded in 1958, is a small nonprofit that reported $390K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $458K exceeded revenue, resulting in a 17% operating deficit.

Mission

RESCUE SQUAD SERVING LOCAL AREA 911 EMERGENCY CALLS

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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 $0
Program Service Revenue $389,854
Investment Income $0
Other Revenue $0
TOTAL REVENUE $389,854

Expense Breakdown

Grants Paid $550
Salaries & Benefits $213,677
Fundraising Expenses $0
Program Expenses $458,073
Other Expenses $243,846
TOTAL EXPENSES $458,073

Year-over-Year Comparison

2024 2023 Change
Revenue $389,854 $353,094 +0.1%
Expenses $458,073 $378,971 +0.2%
Net Income $-68,219 $-25,877 +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
110
Independent Members
95
Employees
15
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
$35,178
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES E JONES CHIEF 10.00
Officer
$35,178 $0 $35,178
TIMOTHY HICKS ASSISTANT CHIEF 3.00
Officer
$0 $0 $0
GARY REITZEL TREASURER 5.00
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 $389,854 $458,073 $238,733 $-68,219
2024 $353,094 $378,971 $268,741 $-25,877
2023 $439,804 $302,103 $292,263 $137,701
2022 $220,402 $247,418 $154,065 $-27,016
2021 $289,617 $244,935 $181,107 $44,682
2020 $204,437 $232,091 $136,425 $-27,654
2019 $213,600 $301,733 $250,062 $-88,133
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