Maiden Rescue Squad Inc

EIN: 566096005 501(c)(3)

Maiden, NC

Total Revenue
$574,738
Total Expenses
$650,456
Total Assets
$567,852
Net Assets
N/A
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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
1968
Legal Domicile
NC
Principal Officer
Dustin K Frye
Phone
8284289841
Tax Period
2023-07-01 to 2024-06-30

Maiden Rescue Squad Inc, founded in 1968, is a small nonprofit that reported $575K in total revenue in fiscal year 2023. Expenses of $650K exceeded revenue, resulting in a 13% operating deficit.

Mission

To Provide First Responder Service To An Assigned Area

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,916
Program Service Revenue $550,238
Investment Income $3,584
Other Revenue $0
TOTAL REVENUE $574,738

Expense Breakdown

Grants Paid $0
Salaries & Benefits $284,050
Fundraising Expenses $0
Other Expenses $366,406
TOTAL EXPENSES $650,456

Year-over-Year Comparison

2023 2022 Change
Revenue $574,738 $551,254 +0.0%
Expenses $650,456 $437,874 +0.5%
Net Income $-75,718 $113,380 -1.7%
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
58
Independent Members
58
Employees
23
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dustin K Frye Chief 015.00
Officer
$0 $0 $0
Phillip Killian Asst Chief 010.00
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 No data No data No data No data
2024 $574,738 $650,456 $567,852 $-75,718
2023 $551,254 $437,874 $655,002 $113,380
2022 $394,540 $375,709 $564,015 $18,831
2021 $377,383 $383,246 $517,794 $-5,863
2020 $342,449 $300,976 $523,844 $41,473
2019 $355,752 $361,151 $509,127 $-5,399
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