IVA RESCUE SQUAD INC

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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

1971

Legal Domicile

Principal Officer

SANDRA G SUTHERLAND

Phone

8643486195

Tax Period

2018-07-01 to 2019-06-30

IVA RESCUE SQUAD INC, founded in 1971, is a small nonprofit that reported $624K in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $712K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE EMERGENCY MEDICAL SERVICES AND NON-EMERGENCY MEDICAL SERVICES TO THE IVA-STARR AREA AND OTHER SURROUNDING COMMUNITIES OF ANDERSON COUNTY

Program Service Accomplishments

Program 1

Expenses: $576,018 Revenue: $268,606

IVA RESCUE SQUAD WAS ESTABLISHED IN 1972 TO PROVIDE EMERGENCY AND NON-EMERGENCY SERVICES TO THE IVA-STARR AREA AND THE SURROUNDING COMMUNITIES OF ANDERSON COUNTY. THE NUMBER OF PEOPLE WHOM WE SERVE IS APPROXIMATELY 12,000. ALL MEDICAL PERSONNEL OF IVA RESCUE SQUAD MUST BE CERTIFIED IN EMERGENCY MEDICAL TRAINING AS A PARAMEDIC, EMT INTERMEDIATE, OR EMT BASIC AND CERTIFIED BY THE NATIONAL REGISTRY OR STATE REGISTRY OF SC. IVA RESCUE SQUAD ALSO PROVIDES CONTINUING EXTENSIVE MEDICAL TRAINING AND COMMUNITY RELATIONS.

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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%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $345,403

Program Service Revenue $268,606

Investment Income $2,226

Other Revenue $7,605

TOTAL REVENUE $623,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,342

Fundraising Expenses $1,345

Program Expenses $576,018

Other Expenses $253,880

TOTAL EXPENSES $711,567

Year-over-Year Comparison

	2018	2017	Change
Revenue	$623,840	$556,623	+0.1%
Expenses	$711,567	$729,599	0.0%
Net Income	$-87,727	$-172,976	-0.5%

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

Governance

Voting Members

Independent Members

Employees

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

$187,101

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX GUNDRY	CHAIRMAN	6.00	Director	$0	$0	$0
JULIE LOFTIS	SECRETARY	6.00	Director	$0	$0	$0
MICHAEL MCMILLION	BOARD MEMBER	6.00	Director	$0	$0	$0
BECKY L THOMPSON	BOARD MEMBER	6.00	Director	$0	$0	$0
JARRET STONE	VICE CHAIRMAN	6.00	Director	$0	$0	$0
SANDRA G SUTHERLAND	CHIEF	40.00	Officer	$37,711	$0	$37,711
TOMMY MILLER	ASSIST. CHIEF	30.00	Officer	$37,530	$0	$37,530
DAVID PAYTON JR	CAPTAIN	48.00	Officer	$38,470	$0	$38,470
SHANON ROBINSON	CAPTAIN	48.00	Officer	$32,039	$0	$32,039
DAVID C LAWLESS	QA	30.00	Officer	$20,280	$0	$20,280
MARGARET JOHNSON	SECRETARY/BOOKKEEPER	40.00	Officer	$21,071	$0	$21,071

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
2019	$623,840	$711,567	$355,151	$-87,727