NC ASSOCIATION OF RESCUE SQUADS AND EMERGENCY MEDICAL SERVICES INC

EIN: 566095413 501(c)(3)

GOLDSBORO, NC

Total Revenue
$2,914,637
Total Expenses
$2,491,895
Total Assets
$14,259,194
Net Assets
$10,981,726
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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
1957
Legal Domicile
NC
Principal Officer
JOEL FAIRCLOTH
Phone
9197360506
Tax Period
2024-10-01 to 2025-09-30

NC ASSOCIATION OF RESCUE SQUADS AND EMERGENCY MEDICAL SERVICES INC, founded in 1957, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 15% surplus.

Mission

PROVIDE BENEFITS TO MEMBERS AND THEIR FAMILIES

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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 $592,554
Program Service Revenue $1,625,490
Investment Income $542,972
Other Revenue $153,621
TOTAL REVENUE $2,914,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $489,657
Fundraising Expenses $0
Program Expenses $2,174,742
Other Expenses $309,537
TOTAL EXPENSES $2,491,895

Year-over-Year Comparison

2024 2023 Change
Revenue $2,914,637 $2,448,294 +0.2%
Expenses $2,491,895 $2,695,752 -0.1%
Net Income $422,742 $-247,458 -2.7%
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
24
Independent Members
24
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
6
$0
Total Directors
36
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER BEAVER AREA 6 DIREC N/A
Director
$0 $0 $0
TOM BILLIG AREA 13 DIRE N/A
Director
$0 $0 $0
WESLEY G BLACKWELDER AREA 11 DIRE N/A
Director
$0 $0 $0
JERRY BRADSHAW AREA 4 DIREC N/A
Director
$0 $0 $0
MICHAEL BRYANT AREA 2 DIREC N/A
Director
$0 $0 $0
STORMY T BUTTS AREA 1 DIREC N/A
Director
$0 $0 $0
CHRISTOPHER J CLINE AREA 12 DIRE N/A
Director
$0 $0 $0
JERRY CORNELISON AREA 7 DIREC N/A
Director
$0 $0 $0
JOEL FAIRCLOTH EXECUTIVE DI N/A
Officer Director
$0 $0 $0
HANK HARRIS AREA 5 DIREC N/A
Director
$0 $0 $0
SHAWN HAYNES AREA 15 DIRE N/A
Director
$0 $0 $0
JEFF HINSHAW AREA 9 DIREC N/A
Director
$0 $0 $0
KENNETH A HOGUE AREA 13 DIRE N/A
Director
$0 $0 $0
CHRISTOPHER W JACOBS AREA 12 DIRE N/A
Director
$0 $0 $0
GORDON A JOYNER EXEC DIR EME N/A
Officer Director
$0 $0 $0
BILLY SPARKS JR AREA 9 DIREC N/A
Director
$0 $0 $0
DR HERVY B KORNEGAY JR BOARD OF DIR N/A
Officer Director
$0 $0 $0
JOE MANCOS AREA 8 DIREC N/A
Director
$0 $0 $0
BOBBY GENE MATTHIS AREA 4 DIREC N/A
Director
$0 $0 $0
CHRISTOPHER A MAUNEY AREA 8 DIREC N/A
Director
$0 $0 $0
WILLIAM MAUNEY AREA 10 DIRE N/A
Director
$0 $0 $0
SCOTT MCCASKILL AREA 10 DIRE N/A
Director
$0 $0 $0
CHAD MCNABB AREA 14 DIRE N/A
Director
$0 $0 $0
STEVEN MILLER AREA 3 DIREC N/A
Director
$0 $0 $0
PAUL NOWELL AREA 6 DIREC N/A
Director
$0 $0 $0
BUTCH OLIVER AREA 2 DIREC N/A
Director
$0 $0 $0
DAVID PEASE AREA 7 DIREC N/A
Director
$0 $0 $0
TIM H PENNELL AREA 11 DIRE N/A
Director
$0 $0 $0
ROBERT G POE VICE COMMAND N/A
Officer Director
$0 $0 $0
JOSH SHUMATE COMMANDER N/A
Officer Director
$0 $0 $0
RANDY SKINNER AREA 1 DIREC N/A
Director
$0 $0 $0
MAC SMITH AREA 5 DIREC N/A
Director
$0 $0 $0
DAVID STAMEY AREA 14 DIRE N/A
Director
$0 $0 $0
ROBERT D TWOMEY AREA 15 DIRE N/A
Director
$0 $0 $0
RONNIE WARRICK AREA 3 DIREC N/A
Director
$0 $0 $0
COLE WYATT AREA 11 DIRE N/A
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
2025 $2,914,637 $2,491,895 $14,259,194 $422,742
2024 $2,448,294 $2,695,752 $13,974,514 $-247,458
2023 $2,446,931 $2,147,220 $12,434,238 $299,711
2022 $2,695,258 $2,199,170 $12,175,765 $496,088
2021 $3,076,586 $2,409,058 $14,096,027 $667,528
2020 $2,494,052 $2,227,538 $13,299,976 $266,514
2019 $3,054,198 $2,379,984 $12,937,065 $674,214
2018 $2,129,708 $1,976,365 $11,982,427 $153,343
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