POPLAR SPRINGS FIRE SERVICE AREA I… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

CHRIS TAYLOR

Phone

8645746554

Tax Period

2022-07-01 to 2023-06-30

POPLAR SPRINGS FIRE SERVICE AREA INC, founded in 1980, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $693K, a strong 25% operating margin.

Mission

OUR MISSION IS TO STRIVE TO PROVIDE AN ADEQUATE, COST EFFECTIVE LEVEL OF FIRE PROTECTION AND RESCUE SERVICES TO THE CITIZENS OF THE POPLAR SPRINGS FIRE DISTRICT.

Program Service Accomplishments

Program 1

Expenses: $2,009,698

POPLAR SPRINGS FIRE DEPARTMENT IS A COMBINATION DEPARTMENT (BOTH VOLUNTEERS AND FULL-TIME STAFF) COVERING OVER 49 SQUARE MILES AND SERVES A COMMUNITY WITH MORE THAN 11,600 PEOPLE AND FOUR STATIONS...

POPLAR SPRINGS FIRE DEPARTMENT IS A COMBINATION DEPARTMENT (BOTH VOLUNTEERS AND FULL-TIME STAFF) COVERING OVER 49 SQUARE MILES AND SERVES A COMMUNITY WITH MORE THAN 11,600 PEOPLE AND FOUR STATIONS. SOME OF THE SERVICES PROVIDED INCLUDE THE FOLLOWING: FIRE INSPECTION AND SUPPRESSION, AUTO EXTRICATION, CONFINED SPACE RESCUE, MEDICAL FIRST RESPONDER SERVICES, PUBLIC EDUCATION, FIRE PREVENTION, AND FIRE EXTINGUISHER TRAINING. THE POPLAR SPRINGS FIRE DISTRICT IS ONE OF THE FASTEST GROWING AREAS OF SPARTANBURG COUNTY. THE DEPARTMENT RESPONDED TO OVER 1,300 CALLS DURING 2023.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,799,538

Program Service Revenue $0

Investment Income $4,050

Other Revenue $16,955

TOTAL REVENUE $2,820,543

Expense Breakdown

Grants Paid $1,292

Salaries & Benefits $1,481,413

Fundraising Expenses $0

Program Expenses $2,009,698

Other Expenses $645,252

TOTAL EXPENSES $2,127,957

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,820,543	$2,491,256	+0.1%
Expenses	$2,127,957	$1,845,762	+0.2%
Net Income	$692,586	$645,494	+0.1%

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

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

$116,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT GREER	FIRE CHIEF	40.00	Officer	$74,313	$42,170	$116,483
CHRIS TAYLOR	CHAIR	0.50	Officer Director	$0	$0	$0
RANDY HYATT	VICE CHAIR	0.50	Officer Director	$0	$0	$0
JEFF WAGNER	SECRETARY/TR	0.50	Officer Director	$0	$0	$0
LON ALEXANDER	DIRECTOR	0.50	Director	$0	$0	$0
MARK ANDERSON	DIRECTOR	0.50	Director	$0	$0	$0
DAN JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
STEVE JOSEY	DIRECTOR	0.50	Director	$0	$0	$0
JOE VAUGHN	DIRECTOR	0.50	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,820,543	$2,127,957	$5,559,642	$692,586
2022	$2,491,256	$1,845,762	$4,891,774	$645,494
2021	$2,218,008	$1,670,964	$4,360,898	$547,044
2020	$1,934,775	$1,743,786	$3,635,857	$190,989
2019	$1,653,997	$1,504,200	$3,412,878	$149,797
2018	$1,481,580	$1,300,369	$3,147,413	$181,211

POPLAR SPRINGS FIRE SERVICE AREA INC