RICEVILLE VOLUNTEER FIRE DEPARTMENT INC

EIN: 581318017 501(c)(3) Public Safety

ASHEVILLE, NC

Total Revenue
$3,695,172
Total Expenses
$2,270,023
Total Assets
$6,651,346
Net Assets
$6,127,652
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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
1964
Legal Domicile
NC
Principal Officer
DAN LITTLE
Phone
8282982456
Tax Period
2024-07-01 to 2025-06-30

RICEVILLE VOLUNTEER FIRE DEPARTMENT INC, founded in 1964, is a community nonprofit in the Public Safety sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 39% operating margin.

Mission

TO PROVIDE PROFESSIONAL FIRE AND EMERGENCY MEDICAL SERVICES TO THE RICEVILLE COMMUNITY AND SAFEGUARD THE QUALITY OF LIFE THROUGH TRAINING AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $1,881,049 Revenue: $3,481,419

PROVIDES FIRE PROTECTION AND RESCUE SERVICES FOR THE RICEVILLE COMMUNITY OF WESTERN NORTH CAROLINA

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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 $205,193
Program Service Revenue $2,620,334
Investment Income $8,560
Other Revenue $861,085
TOTAL REVENUE $3,695,172

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,390,485
Fundraising Expenses $0
Program Expenses $1,881,049
Other Expenses $879,538
TOTAL EXPENSES $2,270,023

Year-over-Year Comparison

2024 2023 Change
Revenue $3,695,172 $2,528,162 +0.5%
Expenses $2,270,023 $1,762,783 +0.3%
Net Income $1,425,149 $765,379 +0.9%
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
9
Independent Members
9
Employees
35
Volunteers
19

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
5
$119,975
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN LITTLE CHAIR 0.50
Officer Director
$0 $0 $0
KENT CREASMAN VICE CHAIR 0.50
Officer Director
$0 $0 $0
LISA MCCALLISTER TREASURER 0.50
Officer Director
$0 $0 $0
CARLA MCLENDON SECRETARY 0.50
Officer Director
$0 $0 $0
KATHY HIGDON DIRECTOR (PAST) 0.50
Director
$0 $0 $0
LEE BARRETT DIRECTOR 0.50
Director
$0 $0 $0
BUTCH LAUGHTER DIRECTOR 0.50
Director
$0 $0 $0
MEREL JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
STEVE WICKHAM DIRECTOR 0.50
Director
$0 $0 $0
HEIDI HENSLEY DIRECTOR 0.50
Director
$0 $0 $0
THOMAS KELLY CHIEF 40.00
Officer
$105,975 $14,000 $119,975
MARY BROWN PARAMEDIC/FIREFIGHTER 53.00
Highest
$107,306 $13,371 $120,677
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 $3,695,172 $2,270,023 $6,651,346 $1,425,149
2024 $2,528,162 $1,762,783 $4,759,077 $765,379
2023 $2,299,586 $1,669,455 $3,995,400 $630,131
2022 $2,271,764 $1,529,763 $3,520,777 $742,001
2021 $1,921,255 $1,514,913 $2,886,378 $406,342
2020 $1,789,011 $1,455,616 $2,622,374 $333,395
2019 $1,731,266 $1,570,920 $2,567,583 $160,346
2018 $1,436,366 $1,462,060 $2,323,604 $-25,694
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